With oil prices near multi-year lows, there's growing debate surrounding the question of whether expensive hydraulic fracturing can continue to propel the U.S. oil boom in the wake of low oil prices.
“Many people think that the long number on their credit card is just a random number – just like the mobile number you get when you first buy a phone. But it actually works a bit like an ID – not only does the number reveal the identity of your card provider, it also reveals who you are.”
So saysJo Gornitzki, money editor at MoneySavingExpert.com,
Deflation in the euro zone is all too close and extremely dangerous
The world economy is not in good shape. The news from America and Britain has been reasonably positive, but Japan’s economy is struggling and China’s growth is now slower than at any time since 2009. Unpredictable dangers abound, particularly from the Ebola epidemic, which has killed thousands in West Africa and jangled nerves far beyond. But the biggest economic threat, by far, comes from continental Europe.
Today, The Roddenberry Foundation announced a $100,000 contribution to the Global Learning XPRIZE crowdfunding campaign to support the development of technology that will bring literacy to hundreds of millions of children.
Individual investors have returned to the stock market in a very big way. But they are putting their money into plain vanilla, no frills, passive corners of the investing world.
In today’s column, my very first for Fortune, I’d like to officially welcome you back to the stock market. According to the Federal Reserve’s latest Z.1 release, it’s official—you’re in again. In fact, you’re just about as in as you’ve ever been.
With 46% of global assets owned by the top 1% earners the income equality gap in the United States is substantial.
Courtesy of http://infographicworld.com/wealth-in-the-united-states/
Think of a refugee camp and you're probably thinking of messy temporary lodging and throngs of displaced people. But Ken Banks, founder of Kiwanja.net and FrontlineSMS, says that refugee camps are surprising hotbeds of innovation.
Now that the dust has settled on the long-anticipated unveiling of the Apple Watch, a major obstacle to its success is coming into view: the iPhone.
The Apple Watch has been the subject of breathless anticipation for years because, as Tim Cook said at its introduction, it represents “the next chapter in Apple’s story.” Conceived three years ago, shortly after Steve Jobs’ passing, the Watch is the embodiment of multiple dramatic arcs and aspirations.
When, with three bangs on a gong, Xi Jinping welcomed a freight train to the Rhine river port of Duisburg in March, he issued a call for Germany to join China in developing a “New Silk Road” between their two economies.