Few people involved in the sharing economy know what taxes they’re supposed to pay, nor how to pay them. Because the rules are unclear, enforcement is almost nonexistent, and the feeling that “sharing” shouldn’t be taxed at all, very few people do pay them.
Four Months After the ‘Poop Cruise,’ the Carnival Triumph Sails Again — and Is Sold Out
Is it safe to go back in the water? Based on how the Carnival Triumph was fully booked last week, when it embarked on its first departure after the infamous “poop cruise” incident, plenty of cruise passengers seem to say yes.
Wall Street Falls in Love with Snapchat
The photo-sharing app that’s all the rage with teenagers has found a surprising new clientele: Wall Street bankers.
New Age Philanthropy: Donor-Advised Funds Defy Sluggish Giving Trends
The new face of philanthropy is donor-advised funds for the masses. These fast growing accounts have bucked the trend toward sluggish giving since the recession.
No, the Lululemon CEO Didn’t Get Fired for See-Through Yoga Pants
Earlier this year, yoga-wear company Lululemon had to initiate a massive recall of its popular luon yoga pants, which failed to fulfill one of the main duties of pants: opacity. The see-through-pants debacle cost the …
Curious CapitalistAsia
Grading Abenomics: After Stock Slide, Japan Economic Reforms Under Scrutiny
Is Japan now officially in bear market? It’s a question being asked by many investors today, given that the Nikkei closed yesterday 20 percent down from a recent high on May 22nd. The market was up slightly, by 1.9%, on Friday, but mainly off the back of bargain buying. In technical terms, a 20 percent drop is often labeled a bear …
You Probably Agreed to NSA Snooping When You Accepted That Website’s Terms of Service
Maybe we shouldn’t be so shocked about PRISM, considering we grant companies like Facebook, Google and Apple incredible leverage to hand over our data to government agencies the moment we accept their terms of service agreements.
Patient Zero: The Battle for Music Exclusives Heats Up
This post is in partnership with Evolver.fm, which is the first publication for music fans that’s dedicated to music apps. The article below was originally published at Evolver.fm.
Before a piece of music is everywhere, it is nowhere.
At one magical point in between, new music appears on the internet for the very first time, in …
Hindenburg Omen: A Real Problem for Stocks or Just Hot Air?
An arcane stock market indicator is flashing high alert. Should you pay attention?
4 Reasons Excessive Overdraft Fees Just Won’t Go Away
Despite regulatory reform aimed at reining in checking account overdraft fees, the penalty is still a cash cow for banks — to the tune of about $31 billion a year. That’s down from $37 billion in 2009, but a new report from the Consumer Financial Protection Bureau makes clear the number ought to be far lower. Why? Because customers who …
Build a Team for Success
If you’re not a Denver Broncos fan—heck, even if you don’t like football—you can still benefit from the leadership advice of Ted Sundquist, the team’s former general manager.
One Way Tebow Will Definitely Help the Patriots
A third-string quarterback with zero Pro Bowl appearances and highly criticized throwing mechanics—who was recently dumped by his team from last year, and who many football analysts predicted wouldn’t be in the NFL this year—will have one of the league’s hottest-selling jerseys.