Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
FRANKFURT — Uber is rapidly expanding its ride-hailing operations across the globe. But here in this city of 690,000 — less than the population of San Francisco, Uber’s hometown — the company recently did something unusual: It retreated. In early November, Uber shut its small office in Frankfurt’s centuries-old city center after just 18 months…
Gold, the favored investment of Glenn Beck, Sean Hannity, and the old man at the post office who invited you over to see his industrial-size canned bean supply room, is down for the third straight year. Since peaking at “So many crazy fearful people” levels in 2011, the price of gold has fallen by 45%,…
Last fall, I became a barista in a small, “socially responsible” coffee company. A few months later, I got a temporary paralegal position at one of the world’s biggest multinational, corporate law firms. The two companies had little in common, but both told me one thing: Don’t talk to your coworkers about your pay. At…
Who among us has not felt the affront? Macadamia nuts arrive in a bag, not on a dish, and something shrivels in the soul. Are we animals? Did we execute the challenging task of being born insanely wealthy only to eat in-flight snacks from a bag? We did not. And that is why, when Korean…
Other job-related news was less rosy. Perplexingly, the percentage of Americans who either had jobs or were looking for one (known in the parlance as the “labor force participation rate”) continued its steady drop, descending to levels not seen since the late 1970s. A big portion of this decline can be traced to an aging…
Clayton Homes has used a pattern of deception to help extract billions from poor customers around the country — particularly people of color, who make up a substantial and growing portion of its business. The company is controlled by Warren Buffett, one of the world’s richest men. Third of a series GALLUP, N.M. — After…
Two weeks before my son’s 16th birthday, after shrugging off my suggestions that we do something to celebrate, he emailed me a wish list that included $350 sneakers. The apparently coveted Y-3 Retro Boost looked, to me, exactly like regular black sneakers with white soles, but also included some complicated loop at the heel. Perhaps…
New studies show Americans are in worse financial shape than previously thought VIDEO peter cooper Topics: original video, Social News, Media News, Life News, Entertainment News Featured Slide Shows Donald Trump is a horror movie: No, really! Trump Mahak Morsawala Donald Trump is a horror movie: No, really! Slide 2 Mahak Morsawala Donald Trump…
It’s now readily apparent that we’re in the midst of a new wave of college student protests. From the ConcernedStudent1950 movement that led to the ouster of University of Missouri president Tim Wolfe to the Million Student March that spanned 110 campuses and called for a debt-free education, campuses across the nation are witnessing an…
Marguerita Cheng, a certified financial planner and CEO of Blue Ocean Global Wealth, has a client in the Washington, DC area who makes $450,000 to $600,000 a year but lives paycheck to paycheck. He spends a lot of it on keeping peace with his ex-wife. Related: Guardian readers: US middle class is ‘living from one…