Author: Wealthy Debates

PayPal to pull services from sites linked to hate, violence, intolerance

Payments giant PayPal will be rescinding its services from sites that accept payments or raise funds to promote hate, violence, and intolerance in response to Saturday’s events in Charlottesville, Virginia. “Regardless of the individual or organisation in question, we work to ensure that our services are not used to accept payments or donations for activities

What Elon Musk’s New Hyperloop Means for the Entrepreneur

Wouldn’t it be nice to travel from New York to Washington D.C. before you even finish your morning coffee? Well, Elon Musk took to Twitter to unveil a fast, hassle-free design that it is in the works. The Hyperloop is an underground train that will travel along the busy section of the Eastern Seaboard between

There Will Be More Homeless People in Britain Than Ever Before… Here’s Why

SPUTNIK–Analysis carried out by Hariot-Watt University in the UK has found that 9,100 people are currently sleeping rough across Britain’s streets – the previous estimate was 4,100. In addition to this, figures released by the charity Crisis have suggested that homelessness across Britain is predicted to rise even more – to 16,000 by 2027. According

Precious Metals Correct But Platinum Shines

In the aftermath of last Friday’s employment report, the prices of gold and silver headed lower. The signs were there for the precious metals sector as silver rallied to a new short-term high at $16.96 per ounce on August 2 and then closed the session below the previous day’s lows. On Friday, August 4, silver

China to get 2,000 more McDonald’s restaurants in next five years

Fast-food giant McDonald’s plans to accelerate its expansion in China increasing the number of restaurants in the country by 2,000 by the end of 2022, to a total of 4,500 nationwide. The chain hopes the mass openings will drive double-digit sales growth in China in each of the next five years said Steve Easterbrook, its

Microsoft Chatbot Trolls Shoppers for Online Sex

TECH COMPANIES PITCH chatbots to businesses as a way to keep customers coming back for more. A new bot built by Microsoft employees in their spare time is designed to do exactly the opposite. The chatbot, tested recently in Seattle, Atlanta, and Washington D.C., lurks behind fake online ads for sex posted by nonprofits working

A $100,000 salary is now considered MIDDLE CLASS

A lot of people are overjoyed to cross the $100,000 threshold in annual income. And they should be — a six-figure salary is nothing to sneeze at. But as income inequality in the US continues to worsen, a $100,000 salary creeps ever-closer to being an upper-middle-class income, not a sure sign of wealth. In fact,

Coinbase Faces Backlash, Legal Risk Over Bitcoin Cash

The world’s most popular digital currency exchange, Coinbase, is under fire from angry customers over its decision not to support a new version of bitcoin that could also make it vulnerable to “ruinous legal trouble,” according to a prominent legal scholar. Coinbase’s headaches are tied to a breakaway faction of bitcoin miners, who are responsible

July Auto Sales to See Biggest Drop of the Year

Auto sales are expected to experience the biggest drop of the year in July, according to the latest analysis from Edmunds. The pressure is on manufacturers to increase incentives to help sell the remaining 2017 models. The expert analysts at Edmunds forecast that 1,423,097 new cars and trucks will be sold in the U.S. in

Outgoing Sears Canada employees try to stop $7.6M in bonuses for execs

Former and current employees of Sears Canada have filed a legal motion in an attempt to stop dozens of company executives from splitting $7.6 million in retention bonuses while many laid-off workers miss out on severance payments. In court documents, lawyers for the employees call the bonus pay “excessive” after 2,900 employees from 59 stores

Gold Flirts with Highest Level in 6 Weeks

Gold prices ended higher Thursday, as a Federal Reserve policy update that was read as mostly dovish by investors, helped to lift prices to their highest finish since mid-June. August gold GCQ7, +0.86%  rose $10.60, or 0.9%, to settle at $1,260 an ounce—the highest session-end level since June 14, according to FactSet data. September silverSIU7,

Lyft’s Business Is Growing Faster Than Uber’s

Lyft Inc.’s business has been booming as its primary competitor, Uber Technologies Inc., has faced an executive exodus and a string of self-inflicted scandals. Total revenue generated by Lyft drivers, or the company’s gross bookings, grew about 25 percent to more than $1 billion in the second quarter from more than $800 million in the previous

Pennsylvania police, hunting for stolen laptops, say they stumbled on $40 million bitcoin scam

Law enforcement in Pennsylvania’s Bucks County likely didn’t think they were dealing with a dark Web criminal pro when Theodore Price’s name first popped on their radar. According to federal court documents, detectives from the Northampton Township Police Department north of Philadelphia began tracking the unemployed 30-year-old earlier this month after fielding a complaint from Price’s
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