Gloria Gaynor: "I Will Survive"
April 26, 2013 0 Comments
To the people of Boston, West, Watertown, Bangladesh, Iraq, Syria, Afghanistan, Cyprus, Egypt, Yemen, Palestine, Israel, Greece, Africa, ....
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IMackGroup
Math + Quant Finance
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Bloomberg: Computer Algorithms Play Matchmaker to Fight Unemployment
April 12, 2013 0 CommentsJob-search services like AfterCollege are racing to develop software that thinks and acts like a human recruiter, examining what kinds of workers and companies are drawn to each other so a computer can recommend vacancies to job seekers and candidates to hiring managers. With unemployment at 7.7 percent, more than 12 million Americans are looking for work while almost 4 million openings go unfilled, according to data from the Bureau of Labor Statistics. Targeted matches may help the labor market work better, according to Alvin Roth, an economist at Stanford University near Palo Alto, California.
“There are all kinds of inefficiencies that these firms are trying to solve,” said Roth, who shared last year’s Nobel Prize in economics for his research in matching markets. “It might be hard for me to know about the job that’s available. There might be some skill you’re looking for but ...
read moreBloomberg: U.K. "Iron Lady" Prime Minister Margaret Thatcher Dies
April 8, 2013 0 Comments
Margaret Thatcher, the former U.K. prime minister who helped end the Cold War and was known as the “Iron Lady” for her uncompromising style, died today. She was 87.
Photographer: David Montgomery/Getty Images
April 8 (Bloomberg) -- Bloomberg's Guy Johnson reports on the death of former U.K. Prime Minister Margaret Thatcher who passed away at age 87. Thatcher took office in 1979 and led the country until 1990. He speaks on Bloomberg Television's "In The Loop."
April 8 (Bloomberg) -- Margaret Thatcher, the former U.K. prime minister who helped end the Cold War and was known as the "Iron Lady" for her uncompromising style, died today. She was 87. Michael McKee reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)
Margaret Thatcher died today. She was 87. Photographer: Terry O'Neill/Hulton Archive/Getty Images
5 of 10 Top Economies in the World Drop the U.S. Dollar
April 7, 2013 0 CommentsThe U.S Dollar is quickly
losing its status as the world reserve currency. Five of the top
ten economies in the world, plus a few others, no longer use the
dollar as an intermediary currency for trade. This trend poses a
huge risk to the dollar and the United States along with
it.
ZeroHedge points
out today that Australia,
the world's 12th-ranked
economy, has now joined a growing
list of nations that have agreed to bypass the dollar in bilateral
trade with China. China, ranked 2nd behind the U.S., also has
similar agreements with Japan (3rd),
Brazil (6th), India (9th), andRussia (10th).
Although unilateral
agreements have been in place for some time between China and the
countries listed above, last week the BRICS (Brazil, Russia, India,
China and South Africa) agreed to set
up a development
bank to compete with the
IMF, indicating it's gearing ...
"Mother Talley" = Oldest American
April 4, 2013 0 CommentsBy Maurielle Lue, Fox 2 News
INKSTER, Mich. (WJBK) -
read more
At 113, records confirm Jeralean Talley is the
oldest person in America and the third oldest in the world, and she
calls metro Detroit
her home.
"Mother Talley", as her family calls her, loves to dance, but said
that is not the secret to a long life. Born in Georgia in 1899, she said the
Golden Rule is the only way to live life.
Talley went to church every Sunday until about four months ago when
her health started to decline, but deacons still come by the house
every first Sunday to give her communion.
Asked her why she thinks she has lived so long and Talley is quick
to tell you the man above.
"I asked him not to let me be sick, let ...
North Dakota's Oil Rush
April 4, 2013 0 Comments
WILLISTON, N.D. — — He dropped out of north suburban Richmond-Burton Community High School, and a few years later Andy Turco found himself staining decks in the summer, plowing snow in the winter and going without work for a month or two in between.
Nearly homeless, he saw himself on a dead-end path.
read moreSummer Internship: Tana Africa Capital (S. Africa)
March 30, 2013 0 Comments
This just in from a London Business School colleague....
Tana Africa Capital - Position and Candidate Specification Summer Associate – Johannesburg, South Africa Period: 3 months starting from 15 May 2013
POSITION SPECIFICATION
1. Company Overview
Tana Africa Capital (www.tana-africa.com) is an investment company founded by E. Oppenheimer & Son in partnership with Temasek Holdings with a capital commitment of US$300 million. The company focuses its investment activities on acquiring significant minority equity and quasi equity stakes in private and public companies well placed to capitalize on the rise of the African consumer market. Focus sectors are food & beverage and personal care fast moving consumer goods (FMCG) and agriculture. Opportunities in retail, logistics, building materials, consumer financial services, healthcare, education and media are also considered.
Tana Africa Capital invests between US$20 million and US$75 million in equity per transaction (in partnership with co-investors larger transactions are considered), with ...
Trading Report: 60 Ways the U.S. Government Wastes Taxpayers' Money
March 25, 2013 0 Comments
60 Completely Outrageous Ways The U.S. Government Is Wasting Money
Is there anyone better at wasting money then the U.S. government? Despite the sequester and all of the talk about “deep cutbacks”, the federal government continues to waste money in some of the most outrageous ways imaginable. For example, does the U.S. government really have to spend hundreds of thousands of dollars to study the size and shape of the reproductive organs of ducks? Does the U.S. government really have to spend 1.5 million dollars to study why so many lesbians are overweight? There is so much waste that could still be cut out of the federal budget, and yet the very small sequester cuts that just happened are being described as “catastrophic” by many of our politicians. But you know what? The federal ...
Bloomberg: Shale Oil Boom Fuels ‘Madhouse’ in Texas
March 17, 2013 0 Commentsby Frank Bass
For the last 30 years, the quiet, dusty crossroads of Texas Routes 119 and 72 in Yorktown mostly consisted of a Dairy Queen on one corner, a gas station across the street and some traffic, usually heading somewhere else.
Ranchers joked that it was possible to make a small fortune in raising cattle on the mesquite and cactus range -- if you started with a very large fortune. Population in rural, south Texas grew slowly or not at all during the 2000s as suburbs boomed around Houston, Dallas and Austin.
Eagle Ford Shale Boom Fuels ‘Madhouse’ in South Texas Counties
Eddie Seal/Bloomberg
A floor hand signals to the driller to pull the pipe from the mouse hole on a drilling rig near Encinal in Webb County, Texas, on March 26, 2012.
A floor hand signals to the driller to pull the pipe from the ...
Field Guide to Angel Investors (Infographic)
March 11, 2013 0 Comments
Where can you find that elusive creature, the angel investor, and how can you lure her out of hiding? This infographic not only lays out the boom in angel investing, but also explains where most deals are done and in which sectors.
By Jessica Stillman (Editor, Women 2.0)
In need of an angel investor to get your early-stage startup off the ground? You’re in luck. The number of angels and the amount of money they’ve invested have risen dramatically in the last decade.
But not all locations are as rich in angels as others, as this infographic from InvestorPitches.com makes clear. Check it out to learn more about how much angels are spending, where in the United States they’re currently making the most deals and which sectors are proving most popular with angels.
Women 2.0 readers ...
read moreRon Finley: Growing Your Own Food Is Like Printing Money
March 10, 2013 0 Comments
Published on Mar 6, 2013
Ron Finley plants
vegetable gardens in South Central LA -- in abandoned lots, traffic
medians, along the curbs. Why? For fun, for defiance, for beauty
and to offer some alternative to fast food in a community where
"the drive-thrus are killing more people than the drive-bys."
http://www.ted.com/translate
Italy's Beppe Grillo Explains the Global Monetary System
March 4, 2013 0 Comments
The most powerful guy in Italy right now is a former stand-up artist named Beppe Grillo. He went from being a joke for a living to leading a political movement that won 25% of the vote in Italy’s Parliamentary Elections.
WSJ: Data Crunchers Now the Cool Kids on Campus
March 2, 2013 0 Commentsby Carl Bialik
On campuses, at cocktail parties and in American corporations, statisticians are walking a bit taller these days.
The explosive growth in data available to businesses and researchers has brought a surge in demand for people able to interpret and apply the vast new swaths of information, from the analysis of high-resolution medical images to improving the results of Internet search engines.
Schools have rushed to keep pace, offering college-level courses to high-school students, while colleges are teaching intro stats in packed lecture halls and expanding statistics departments when the budget allows.
When asked for his occupation, "even 20 years ago I would try to say something other than statistics," said Richard De Veaux, professor of mathematics and statistics at Williams College in Williamstown, Mass. Today, though, "It's just a great time to be a statistician."
Growth has been spurred by both supply and demand ...
read moreFractional Reserve Banking: Creation of Money Out of Thin Air
March 1, 2013 0 Comments
These videos
illustrate the process by which money is created in a fractional reserve banking
system. Due to the fact that at any given time
a bank must only keep a certain percentage of its total deposits on
reserve, an initial deposit of a certain amount of money will be
"multiplied" as the bank loans out any excess reserves, whose
spending leads to further new deposits and even further loans in
the economy.
Through this process money is actually "multiplied" and "created".
This gives monetary policy makers the ability to stimulate or
contract the overall level of spending in an economy through its
buying and selling of government bonds from the private sector on
the open market.
The above cartoon is from this website.
Oil, Gas in Need of Skilled Engineers
February 27, 2013 0 Comments
by Robin Dupire
The past couple of years have proven that several nations such as the UK are facing an engineering deficit, one that is poised to significantly hinder the engineering sector unless changes are made. This trend will have a ripple effect, greatly impacting the oil and gas industry – 66 percent of contractors and 62 percent of operations have difficulty recruiting skilled engineers in the oil and gas industry, according to a Labor Market Intelligence survey conducted by the Offshore Petroleum Industry Training Organization (OPITO).
Matchtech, an engineering and technology recruitment specialist, noticed the problem and called on the government for help.
"There is a growing sense of unease throughout the UK engineering industry," Matchtech Managing Director Keith Lewis recently told Rigzone. "A look at our Confidence Index [United Kingdom Consumer Confidence Index] points heavily towards a lack of confidence in the government's ability to support ...
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