As the fallout over Greg Smith’s public resignation continues to swirl around Goldman Sachs, several powerful figures have rallied to the bank’s defense, including New York Mayor Michael Bloomberg — who made his fortune …
We’re Total Cheapskates When It Comes To Our Privacy
The value of consumers’ personal data online has been a hot topic lately. The astronomical $100 billion some analysts have suggested Facebook could be worth when it goes public stems from the fact that the social media powerhouse …
Can a Small Start-Up Still Make a Splash at SXSW? Not If Jay-Z Is In Town
I’ll never know what Jay-Z has against me or my new Internet venture. All I know is that after months (okay, weeks) of planning a SxSW launch party for our triple-awesome new journal of food, war and travel called Roads & …
Why the Market Is Not Stacked Against the Little Guy
Institutions such as Goldman Sachs have many advantages over individual investors, but sometimes the little guy has the edge.
There’s a Good Chance You’re Overpaying for Data on Your Phone
AT&T no longer offers new subscribers the option to have unlimited data on their phones. So many subscribers feel lucky if they have been grandfathered in with their old plans and still pay $30 per month for unlimited data. But a …
How Many iPads Can Apple Sell?
Apple’s new iPad went on sale Friday morning, and as usual consumers lined up outside the tech giant’s retail stores to get their hands on the company’s latest gadget. Although Apple made only incremental improvements to the …
PayPal Makes a Play for Small Businesses With ‘Here’
PayPal, a division of EBay, is making a play at small merchants with the introduction of its new “Here” device, which enables small businesses to accept both PayPal account numbers and major credit cards using nothing more …
It’s Not You, Honey, It’s the GDP: Why a Bad Economy Is Good for Marriages
We’ve written before about the upside of down economies: people grow closer. Now comes word of yet another silver lining in the barrage of depressing economic news in recent years: it might be good for marriages. That’s one of …
Network with Purpose
When it comes to networking, quality matters more than quantity. But how do you meet the right people? One way is to ask for introductions. Reach out to influential people in your network and ask them to put you in touch with others. Be specific about the introductions you want and why you want them. Explain what you are trying to …
10 Most Epic “I Quit” Moments
“I’m mad as hell and I’m not going to take this anymore!” Greg Smith worded it a bit more elegantly than that, but when the executive director penned his bombshell kiss-off to Goldman Sachs in the New York Times’ op-ed section, …
Consumers Are Upset About High Gas Prices—But Not Enough to Stop Shopping
Plenty of drivers are worked up about the cost of gasoline. In a recent survey, 85% of Americans said that the government should take “immediate actions” to rein in fuel prices. But while there’s no denying people are agitated …
After More Stock Market Milestones, Is It Time to Breathe Easy?
It’s been a heady week for the markets: The Dow Jones Industrials burst through 13,000; the Nasdaq skipped over 3,000 for the first time since 1999; and yesterday the S&P500 topped 1,400 for the first time in almost four years. …