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The boxer who refuses to cash in on beating a champion

1 hour agoSports / Boxing : BBC Boxing

Mihai Nistor was the last fighter to knock out Anthony Joshua - but while Joshua earns millions, Nistor remains an amateur on a modest income. Why?

Black Faced Con Man Journalist Leonard Pitts Jr Molested The Opportunity To Expose INCOME INEQUALITY By Pointing Out That Serena Williams Has Enough Money To Provide Prenatal Care For 75,000 Black Women In America, INSTEAD He Saw The SUPERIOR Value Of Kic

When You See The Various "Syndicated Black Faced Progressive Journalists" They Are NEVER Listed In The "BLACK DEVELOPMENT" Section Of The Local Newspaper. ONLY In The "FROM THE LEFT" Section. WHEN THEY ARE PRESENTED WITH AN OPPORTUNITY...Show More Summary

T-Mobile picks up 1.1 million new customers in Q1 2017 as net income rises 46%

T-Mobile continues to gain momentum with its unlimited plans. T-Mobile has announced that it picked up 1.1 million new customers — 914,000 postpaid and 386,000 prepaid additions from MetroPCS — in Q1 2017. The carrier also saw a 11%Show More Summary

Tip or Gift?

4 hours agoHumor / odd : Neatorama

Here's an idea that probably deserves some study. Tips are taxable income, but cash gifts are not (unless the gift is over $13,000 in one year). Does this money add to the waitresses taxable income? Does it contribute to her total for...Show More Summary

Canada: Ontario to pay guaranteed incomes to the poor

Ontario has launched a pilot program to provide a guaranteed basic income to a few thousand people to test its effects on recipients and public finances, the Canadian province announced Monday. Provincial Premier Kathleen Wynne said the program would provide a "basic income" for three years to 4,000 people living under the poverty line.

A Low-Pressure Economy Is Not Only Dark But Invisible in the Horserace Noah Smith is Running...

I think the estimable Noah Smith gets this one wrong. He writes: Noah Smith: _Cracking the Mystery of Labor's Falling Share of GDP_: "Economists are very worried about the decline in labor’s share of U.S. national income... >...For decades,...Show More Summary

In parts of the Bay Area, $105,350 is 'low income'

If you're among the Bay Area residents complaining about the rising costs of living, here's another report to solidify that view: In parts of the Bay Area, a six-figure income qualifies as "low income."

T-Mobile keeps growing like crazy

T-Mobile's results for the first three months of 2017 are out, and it's good news for anyone wearing a magenta onesie. The company is once again the industry leader for customers added and net revenue, while total income was up by nearly 50%. Show More Summary

Goldman Burned By These Corporate Debt Trades In Q1

Last week we noted that Goldman posted a 'yuge' miss in fixed income trading of $335 million (see "Goldman Misses As FICC Disappoints, Stock Slides As Average Banker Comp Hits $360K"): Broken down by key operating group, most segments...Show More Summary

The fading American dream: Economic mobility has nearly halved since 1940

(American Association for the Advancement of Science) The probability for children to attain a higher income than their parents has dropped dramatically -- from more than 90 percent for children born in 1940 to 50 percent for children born in the 1980s -- according to a new study analyzing US data.

The richest county in the country has moved far from Washington

Income shifting with industry The post The richest county in the country has moved far from Washington appeared first on Hot Air.

Earth 2.0?

(April 24, 2017 01:37 PM, by Bryan Caplan) The latest Freakonomics Radio is on "Earth 2.0: Is Income Inequality Inevitable?" I'm pleased to be prominently featured alongside Jeff Sachs and Alice Rivlin. A few highlights:And we'll remember to keep our eye on the economic ball: CAPLAN: Any time... (0 COMMENTS)

Its Awesome Being Poor Today!

You are not poor; income inequality is a myth; the middle class is doing just fine. That seems to be the message coming from numerous right-leaning think tanks, websites and authors. I was reminded of this yet again over the weekendShow More Summary

Art Appraisers Who Lowball Values To Cheat The IRS

14 hours agoArts : Modern Art Notes

The I.R.S. has long viewed the valuations given for artworks in income, estate and gift tax returns as a “potentially high abuse area,” as described in several recent reports. It sometimes uses a group of dealers, museum curators and scholars, known as the Art Advisory Panel of the Commissioner of Internal Revenue, to advise the […]

Ontario basic income pilot project starts in three cities

Residents of Hamilton, Lindsay and Thunder Bay will be first to receive guaranteed income as part of test The post Ontario basic income pilot project starts in three cities appeared first on Macleans.ca.

The Surprising Reason Why Money Can’t Buy Happiness

Money can’t buy happiness. But why not? After all, money has its advantages. In one study, Nobel Prize winning scientists Daniel Kahneman and Angus Keaton looked at this question. They found that as income increases, life-satisfaction rises too. On the role of money in his […]

Canada is launching an experiment that will give 4,000 people free money until 2020

Finland, The Netherlands, and San Francisco, California have already shown their interest in giving people a regular monthly allowance — a system known as basic income. Now Ontario, Canada, is planning its own basic income trial as well. On...Show More Summary

A cancer in the family: One spouse's diagnosis can lower household income

(University of Georgia) Caring for a husband or wife with cancer significantly diminishes family income, according to researchers from the University of Georgia, who tracked changes in employment and income among working-age couples in Canada.

Uproar in China over incoming maestro

16 hours agoMusic / Classical : Slipped Disc

The Singaporean Darrell Ang was named last December as music director of the Sichuan Symphony Orchestra, as part of a revitalisation plan with the Singapore Symphony. ‘I have the opportunity to shape this orchestra in my image,’ said Ang at the time, admitting he spoke very little Mandarin before flying in to China.   We now […]

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