via businessinsider.com Apple's iPhone business alone is now bigger than Microsoft. Not Windows. Not Office. Microsoft. Think about that. The iPhone did not exist five years ago. And now it's bigger than a company that, 15 years ago, was dragged into court and threatened with forcible break-up … [Read more...]
Americans have a really distorted view of how wealth is distributed in this country. This chart is from a paper called "Building a Better America One Wealth Quintile at a Time" by Dan Ariely and Michael I. Norton. The top row shows the actual distribution of wealth in America. The richest 20 … [Read more...]
via creditsesame.com … [Read more...]
Weekly allowances for children age 8 to 15 after peaking at $13 a week in 2005 have declined to $9.67 in 2009 and $9.14 this year. Now only 23% of kids save at least half of their pocket money, down from 49% in 2009 via mainstreet.com … [Read more...]
Find the best bank rates at GoBankingRates.com. … [Read more...]
via mobile.reuters.com … [Read more...]
Several of my friends have and are starting to expand their business operations into China. Market and economic literacy with China will be, increasingly so, a key component, not an ancillary one of any venture or business in the future. Here are some highlights - the full article … [Read more...]
Small companies are desperate for growth capital, but banks and investors remain cautious. The banks reported that they declined 72 percent of cash flow-based loans, 90 percent of real estate-based loans, and 46.7 percent of collateral-based loans. The quality of cash flow and earnings … [Read more...]
Interactive Graph - click to view state by state details. via money.cnn.com … [Read more...]
States are going to be dealing with some pretty significant challenges over the next couple years. It will be very interesting to see how the small business market reacts and responds to the opportunities and challenges that these circumstances present. State and local governments plan many … [Read more...]
via mint.com Recent news articles have brought to light the fact that almost 47% of households in the US currently have zero or negative federal tax liability. We take a closer look at this lack of liability across each income level, highlighting the percentage in each range that will not pay … [Read more...]
via money.cnn.com Most people think they pay too much to Uncle Sam, but for some people it simply is not true. An increasing number of households end up owing nothing in major federal taxes, but the situation may not be sustainable over the long run. In 2009, roughly 47% of households, or 71 … [Read more...]
