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Restaurants and retailers all over the country have stopped accepting cash. And you can blame COVID-19 for this rapid shift away from paper to plastic. On Friday, Techcrunch reported that Google...
It’s not easy to follow the smart money. Well-connected and informed investors are notoriously discrete. They don’t want us to know what they’re doing. Take Charles Koch, for example. The...
It’s officially here. Thanksgiving marks the beginning of the holiday shopping season. By all accounts, companies that have embraced digital are winning, again. Consumers spent $7.4 billion...
As I pulled into a paid parking lot, I realized that I didn’t have any cash on me. No problem, there was a Bank of America ATM right just down the block. I had to wait behind a moron who took so...
Why doesn't the U.S. -- the most powerful, wealthiest country in the world -- have a sovereign wealth fund? China does with $813 billion. So does Abu Dhabi ($828 billion), Singapore ($556...
Apple is cutting hundreds of workers from its self-driving car projects, according to a report from CNBC. The news comes at an inflection point for the Silicon Valley company. iPhone sales are...
It is Economics 101. The best business model involves strong sales and high profit margins. Sadly, the combination almost never happens. Apple (AAPL) almost got there in the past quarter. The...
Apple (AAPL) has been a polished addition to just about any portfolio. Its shares are up 203% over the past five years. But as a technology company, Apple is thoroughly depressing. And this...
Memorial Day, originally known as “Decoration Day,” was created in 1868 in order to commemorate the Union and Confederate soldiers that died during the Civil War. Today, it honors all the...
I was born in 1946, soon after World War II ended and just as a postwar economic boom was getting underway. Many people thought that boom would last only a year or two. The Great Depression was...