It’s a set of statistics that all of us have heard many times before: In the U.S., nearly half of the population doesn’t have $400 on hand in the event of sudden need, over a quarter of American households are un- or underbanked and 55...
China’s millennials are buying overseas properties on their smartphones.
As the Trump administration has stepped up the efforts of immigration and border control officers, immigrants to the U.S. are starting to avoid public places for fear of being stopped. This has been bad news for small business that serve immigrant communities like Nadine Robinson’s...
Before writing the year’s surprise nonfiction hit Hillbilly Elegy, J.D. Vance was a Silicon Valley venture capitalist, albeit one with a background quite different than that of those around him. And it seems Vance is getting back to his roots — both as a VC and as a...
Every day the average American consumer comes into contact with hundreds — if not thousands — of algorithmically powered experiences. The ads one sees on Facebook or Google were served courtesy of an algorithm that mashes up data points about what you have searched for in the...
The average income in the city of Boston is around $52,000 a year. Factoring in the average incomes that surround it brings that number up to $100,000 per year. The average income in Manhattan is $66,000 per year; surrounding suburbs also bring that figure up...
Pushed by a surging stock market, U.S. household wealth popped a 2.3 percent increase during the last three months of 2016, landing at a total of $92.8 trillion. The big bounce has some market watchers excited — the gains may predict a spending surge that...
Following the release of the Mastercard Index of Women’s Entrepreneurship (MIWE) today (Mar. 7), it was revealed that 34.8 percent of businesses in Uganda are owned by women entrepreneurs, making it one of the top-performing countries in Africa highlighted in the index. In a press...
Taking 86 percent of notes of circulation late last year has brought a tipping point to India’s digital payments activity. In the latest Topic TBD, MoneyOnMobile CEO Harold Montgomery gave Karen Webster a bird’s eye and ground level view of how technology is shaping, and...