People make buying decisions based on something that is really hard to measure: how we feel. Our Planet Money team reports on the holy grail of economics: knowing what consumers are going to do. Stacey Vanek Smith, NPR’s Planet Money Read more »
More Americans Say Low-Income Earners Pay Too Much in Taxes
As Americans confront the yearly deadline to pay their federal income taxes, 45% of U.S. adults believe lower-income earners pay “too much.” This sentiment is up roughly five percentage points from recent years, but is still lower than a decade ago. CONT. Justin McCarthy, Gallup Read more »
Twitter’s Evolving Plans to Make Money From Its Data Stream
Late on Friday, Twitter announced that it would no longer license the full stream of half a billion daily messages on its service to third-party resellers. … This is far different from four years ago, when Twitter struck licensing deals with Gnip and DataSift. Back then, Twitter didn’t see much […] Read more »
5 facts on how Americans view taxes
Benjamin Franklin popularized the sentiment that nothing is certain “except death and taxes.” But the public isn’t too keen on the current federal tax system, with 59% saying there is so much wrong that Congress should completely change it (38% say it works pretty well and needs only minor changes). […] Read more »
Amazon Cloud Introduces Artificial Intelligence Service
Websites are set to get smarter after Amazon.com Inc.’s cloud division added an artificial intelligence service that lets people add predictive and analytical capabilities to their applications. Andy Jassy, the head of the Amazon Web Services business, on Thursday announced the Amazon Machine Learning service. … The new product is […] Read more »
One in Three Say Businesses Should Be Allowed to Refuse Gays on Religious Grounds
Roughly a third of Americans say that businesses should be allowed to refuse gay customers on religious grounds, and the figure rises to almost half for businesses that provide wedding services, according to an NBC News poll released on Thursday. CONT. NBC News Read more »