By Tyler Durden Believe it or not, with inflation nearing 9%, it turns out that one job simply isn't good enough to cut it anymore. At least that was the findings of a new study from Insuranks, that found that 93% of working Americans today have a side hustle. Popular side hustles include Uber, Etsy, DoorDash, and Depop, the report says. The study found that 50% of … [Read more...] about 93% Of Working Americans Have A “Side Hustle”, 51% Are Considering More Due To Inflation, New Study Finds
Tyler Durden
Ninth Circuit Says “Ghost Gun” Blueprints Can Be Posted Online Without Fed Approval
By Tyler Durden 3D-printed gun blueprints can be posted online without U.S. State Department approval, a divided Ninth Circuit panel ruled on Tuesday. The 9th U.S. Circuit Court of Appeals in San Francisco reinstated a Trump administration order that authorized removing ghost guns from the State Department's Munitions List. The appeals court ruling will make it easier … [Read more...] about Ninth Circuit Says “Ghost Gun” Blueprints Can Be Posted Online Without Fed Approval
Demand For Second Passports “Skyrockets” By 50% Amid Covid Travel Restrictions
By Tyler Durden Demand for second passports, citizenships and overseas residencies amid the global Covid pandemic has "skyrocketed". A release out earlier this month from deVere Group, one of the world’s largest independent financial advisory firms, said that the lockdowns and travel restrictions have driven up demand for second passports and the like by more than 50% … [Read more...] about Demand For Second Passports “Skyrockets” By 50% Amid Covid Travel Restrictions
These Are The Cities Where People Spend The Highest (Or Lowest) Share Of Their Income On Rent
By Tyler Durden Even as apartment rents in Manhattan and San Francisco plunge for the first time in more than 10 years, millions of American millennials, burdened by debt, blinded by poor financial literacy and preoccupied with booking that first post-pandemic vacation still can't ever imagine owning a home. As for what the future holds, many would greet it with a genuine … [Read more...] about These Are The Cities Where People Spend The Highest (Or Lowest) Share Of Their Income On Rent
Uber, Lyft Shares Soar After California Voters Pass Proposition 22
By Tyler Durden According to the Associated Press, gig economy companies Uber Technologies Inc., Lyft Inc., and DoorDash Inc. have prevailed in their expensive quest to keep drivers classified as independent contractors. California voters approved Proposition 22 Tuesday evening, which would exempt gig-economy companies from a state law requiring them to classify their … [Read more...] about Uber, Lyft Shares Soar After California Voters Pass Proposition 22
Uber Warns Of 111% Price Hikes After California Judge Rules Drivers Are Employees
By Tyler Durden Uber has warned that it may have to hike prices up to 111%, after a San Francisco judge ruled on Monday that the ride-sharing company, as well as its competitor Lyft, must classify their drivers as employees - a move which will disproportionately affect low-income customers. The ruling means that the companies will be required to provide various benefits … [Read more...] about Uber Warns Of 111% Price Hikes After California Judge Rules Drivers Are Employees
Study Finds “Historic” Drop In Math, Reading Scores Since Adoption Of Common Core
By Tyler Durden Reading and math scores in the US have suffered 'historic' declines since most states implemented the Common Core curriculum standard six years ago, according to a new study from the Pioneer Institute. While Common Core was promoted as improving the international competitiveness of U.S. students in math, our international standing has remained low while the … [Read more...] about Study Finds “Historic” Drop In Math, Reading Scores Since Adoption Of Common Core
States That Tax The Most Are Getting The Worst Results Per Dollar
By Tyler Durden Today in "more definitive proof that the government can't spend your capital as well as you can" news, it should come as no surprise that states who spend less in taxes are getting better results, per dollar, than similarly sized states who collect far more in tax revenue. At least that was the result of looking at the country's four largest states: … [Read more...] about States That Tax The Most Are Getting The Worst Results Per Dollar
These Are The Top American Cities For Starting A Small Business
By Tyler Durden Friday's jobs report has helped stoke speculation that the American labor market is finally beginning to cool (though the 136k jobs number was still better than the whisper number, which saw September payrolls sinking below 100k). As the pace of hiring slows, more Americans might be forced to make bold career moves - like deciding to start their own … [Read more...] about These Are The Top American Cities For Starting A Small Business
“Smart Manufacturing:” AI And 3D Printing Allows Chinese Car Startup To Bypass Trump’s Tariffs
By Tyler Durden Pix Moving, a Chinese automobile startup using artificial intelligence (A.I.) to design vehicles and convert the blueprints into instructions for 3D printers, isn't afraid of President Trump's trade war and has utilized technology to bypass tariffs, reported Nikkei Asian Review. Angelo Yu, the founder of Pix Moving, has outsmarted the most powerful country … [Read more...] about “Smart Manufacturing:” AI And 3D Printing Allows Chinese Car Startup To Bypass Trump’s Tariffs
Manhattan Luxury-Apartment Sales Plunge After New Transfer Tax
By Tyler Durden A new report from The Wall Street Journal shows how a new transfer tax in Manhattan has led to a slump in sales of luxury properties this summer. The new tax, basically a one-time payment on homes valued above $2 million, was enacted on July 01. The new policy led to a massive surge in June sales of luxury residential properties. But when it came time … [Read more...] about Manhattan Luxury-Apartment Sales Plunge After New Transfer Tax
Now Could Be The Time To Sell Your Classic Car Before The Downturn
By Tyler Durden Have you ever thought about thinning out your classic car collection? Now could be the time before the antique car market rolls over. Hagerty Price Guide, the premier collector car value guide, shows that in the last four years, 1960s American cars, blue-chip cars, British cars, Ferraris, German collectibles, and Muscle cars have seen their prices stagnate … [Read more...] about Now Could Be The Time To Sell Your Classic Car Before The Downturn