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Bush disclosure shows at least $9 million earned since January 2014

Jeb Bush received more than $9 million in income since January 2014 by delivering speeches, sitting on boards of directors and helping to manage private investment firms, according to election disclosures filed on Tuesday. The new figure represents another surge in personal wealth for Bush. The latest filing, combined with recently released tax returns, show […]

Toyota reports record profit in Q2

Toyota's newly released quarterly financial numbers show a company in a strong position. Net income hit a new record of $5.34 billion, up 10 percent. However, sales dipped slightly globally. Continue reading Toyota reports record profit in Q2 Toyota reports record profit in Q2 originally appeared on Autoblog on Tue, 04 Aug 2015 14:16:00 EST. Show More Summary

'Avengers' helps Disney top 3Q earnings expectations

LOS ANGELES (AP) — Disney's movie studio boosted company earnings once again, with the debut of "Avengers: Age of Ultron" proving the continued strength of the Marvel superhero brand. Net income grew 11 percent in the April-June quarter...Show More Summary

User Centric Licensing: Making Streaming Work For Everyone

One of the greatest criticisms surrounding music streaming concerns the reduced income artists receive. This income, based on "airplay," is often miniscule and stretched over a lengthy period of time. Enter user centric licensing. __________________________________ Guest Post by Mark Mulligan on Music Industry Blog Artist income is one of the...

More on what to do with carbon tax revenue, and etc.

Yesterday I commented on Mankiw's post where he inexplicably linked carbon tax revenue to lower income taxes, as is his wont. We received a comment about the optimal Pigouvian tax. I think this excerpt summarizes well: Even in the simplest settings there's also a tax-interaction effect whereby a pigou tax,...

Daily Demand and Supply: Complementary Good and Income Increases

The surge in SUV sales is due in part to relatively low gasoline prices, which ended July at about $2.70 per gallon nationwide. via Gas and cars are complementary goods. When the price of one falls, the demand for the other increases. In this case, the price of gas...

Ronda Rousey Weighs In On The Gender Pay Gap and Income Inequality [Video]

MMA fighter Ronda Rousey appeared to dismiss the pay gap between men and women insofar as fighting sports are concerned in an interview reportedly conducted by Yahoo News host Bianna Golodryga. Rousey defeated Bethe Correia in 34 seconds...Show More Summary

This counterintuitive chart defines the stock market

There's nothing more important to stock prices than earnings and expectations for earnings growth. Earnings, or net income, is literally the bottom line. While that's a principle that plays out in the market in the long-run, it unfortunately isn't promised in the short-run. Show More Summary

Why America's Inequality Problem Is About a Lot More Than Money

We have chosen our extreme inequality and all of its awful consequences. Inequality is about much more than the growing chasm of income and wealth between those at the very top and everyone else in America. It's also about education,...Show More Summary

Is It Time For Your Accountant To Use Less Paper? Sage and eFileCabinet Think So

My accountant has had a paperless office from day one. All incoming documents are scanned into their computer. We review my taxes on a big computer screen and documents are digitally signed. Neat. However, not all accountants are like this – I’d say in fact most are NOT like this. Show More Summary

Economic Statistics for 3 Aug 15

July motor vehicle sales came in at a stronger than expected 3.2% increase to a 17.6 million annual rate. Sales of North American-made vehicles rose 5.2% to a 14.2 million annual rate. Personal income rose 0.4% in June, while consumer spending rose 0.2%. The PCE Price Index, an inflation measure, rose 0.2% overall, and 0.1% […]

High Rents Having Impact on Savings, Health Care

Flat incomes and rising rent are forcing some renters across the country to neglect their financial planning and health care. Nearly 60 percent of renters with high monthly rent burdens say they could not cover three months’ worth of expenses if they lost their job, according to a new study from [...]

To Log or Not to Log, Part I

Reader Mike V castigates me for over-use of logs. I’m not at all averse to logs, but they have a time an a place. You are trying to point out relatively small changes in income over a short time-series – not the nearly exponential changes in the S&P 500 over the last 100+ years. Let […]

Facebook Co-Founder Giving Millions Directly To The Poor, No Strings Attached

GiveDirectly has a straightforward approach to helping the world's poorest people: just give them cash, no strings attached.  The New York-based nonprofit has distributed about $1,000—roughly a year's income—to thousands of ultra-poor households in Kenya and Uganda. Show More Summary

Why old people want to keep on working

Is there a (meaningful) correlation between the rise of people working past retirement age and the paltry amount of income they’re able to earn on their lower-risk savings accounts? Probably. People over the age of 65 are a growing portion of the labor force participation rate and they’re increasingly unwilling (or unable) to stop working. Show More Summary

Star Wars: Battlefront gamescom 2015 teaser shows an incoming fighter squad

Another EA teaser has appeared ahead of the firm’s gamescom 2015 press conference and it’s for Star Wars: Battlefront. More on the game is expected to be revealed at the show, so this means that X-Wing teaser from earlier will be explained in just a couple of days. EA’s press conference starts at 9:30 CEST, […]

Bentley Bentayga SUV Struts Its Stuff Off-Road In New Video

Bentley’s incoming Bentayga SUV has been paraded in a new video by the carmaker designed to prove it’s not just a high-riding limousine for the (private) school run. Footage of the Bentayga tackling rocky surfaces, steep inclines and rutted tracks can be seen as it negotiates the terrain at a location somewhere in Spain. Show More Summary

The Complete Breakdown Of Every Hillary And Bill Clinton Speech, And Fee, Since 2013

Earlier today, when we reported that based on Hillary Clinton's latest tax disclosure, she and her husband had made $139 million in gross income since 2007 most of its from private speaking fees, the one aspect that readers founds most...Show More Summary

Living near trees could make you feel as good as getting a $10,000 raise

Living in leafy neighborhoods is visually pleasing. It also can make you feel healthier. In fact, the positive health effects of having an additional 10 trees on your block are equivalent to getting a $10,000 income increase or being seven years younger. Show More Summary

Matchstick's Firefox OS streaming dongle is no more, refunds incoming

There's some sad news today if you backed the Kickstarter project for Matchstick, a Firefox OS HDMI streaming dongle meant to compete with the Chromecast. The team behind the project, which isn't affiliated with Mozilla, has provided an update on its Kickstarter page, noting that it has opted to refund backers after it ran into issues implementing DRM into Firefox OS.

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