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Business & Lifestyle

EDITORIAL: Twitter, Spotify choose to be losers in 2020 election ad race while Facebook, Google cash in

Presidential candidates running for the role of commander-in-chief have spent more than $105 million on digital ads to date. Facebook and Google have received a lion's share of the ad revenue. Twitter chose to opt-out for the 2020 presidential election, and just recently, Spotify decided to opt-out as well. This is despite political organizations like the campaign of Bernie Sanders and the Republican National Committee who previously utilized the platform's paid ad network. With billionaires in the presidential race, such […]

todayDecember 28, 2019 103

Business & Lifestyle

Musk predicts Las Vegas tunnel to be completed in 2020, ahead of schedule

LAS VEGAS (UPI) -- Entrepreneur Elon Musk said he believes the Las Vegas tunneling system his Boring Company is creating under the city's convention center could be done by next year, possibly months ahead of schedule. Musk, the founder of Tesla and SpaceX, made the prediction on Twitter. The $48.7 million project will transport visitors to and from the massive Las Vegas Convention Center along three spots to the Las Vegas Strip, turning a 15-minute walk into a one-minute trip. […]

todayDecember 28, 2019 108

Business & Lifestyle

Small business owners prepare for minimum wage hikes in Illinois

SPRINGFIELD (The Center Square) -- Small business owners around the state are preparing for two minimum wage hikes in 2020. The minimum wage for most employees in Illinois will increase to $9.25 on Jan. 1 and then will jump to $10 an hour in July. “Our members, especially those in downstate small communities, are very concerned because so many of them are the small cafes and restaurants, the small retailers who provide a lot of entry-level jobs for folks in […]

todayDecember 28, 2019 27

Business & Lifestyle

Illinois’ new parking tax takes effect Jan. 1; critics say it will cost jobs

SPRINGFIELD (The Center Square) -- To help generate $45 billion in new revenue for the Rebuild Illinois infrastructure plan, the state will start taxing parking businesses on Jan. 1. The tax will be 6 percent of the parking rate for hourly, daily or weekly parking. The tax rate will be 9 percent on monthly or yearly parking spaces. The new monthly revenue will then be used to pay for general expenses with the infrastructure plan. Because the tax doesn’t qualify […]

todayDecember 22, 2019 19

Business & Lifestyle

How is the state of Illinois handling the student loan debt crisis?

Student debt is a nationwide plague, with many of us still attempting to pay off loans that have racked up. The problem of student loans is so bad that it informs much of today’s presidential platforms. That being said, the fact of the matter is that much of these debates are still precisely that—debates. While the government tries to figure out how to lessen student loans (or remove them altogether), many of us still have to pay them off. Where […]

todayDecember 1, 2019 29

Business & Lifestyle

Beyond Bitcoin: how developers are helping traditional banks modernize

Bitcoin and blockchain tend to grab headlines in the world of banking. Cryptocurrency is the poster child of “disruptive technology” in the traditionally slow-moving finance industry. But, there are other areas where developers and software engineers must update business-as-usual in banking in order to survive. According to one survey, 80% of bankers agreed that their institution “needs to complete an assessment over the next three years, but only 15% expected that to lead to a modernization effort.” Security threats, the […]

todayNovember 12, 2019 21

Business & Lifestyle

Five trends fintech developers need to know

Fintech has become globally mainstream, with 64% of consumers adopting some sort of behavior that fuses technology with financial services. As the market becomes more mature, so do the challenges facing fintech institutions. This year has brought new trends in improving security, big innovations in mobile banking, and the widespread adoption of 5G internet. For developers, fintech is a lucrative job market. “It’s a candidate’s market out there,” writes Silicon Republic. “The big fintech giants are crying out for talent.” […]

todayNovember 8, 2019 17

Social Security card

Business & Lifestyle

Social Security benefits to receive 1.6% increase for 2020

Recipients of Social Security may notice an increase of their benefits for 2020, according to the SSA. A cost-of-living adjustment of 1.6 percent is set to be added to benefits payable to more than 63 million beneficiaries beginning in January 2020. Increased benefits to more than 8 million SSI recipients will begin on December 31. (Please note that some people receive both benefits.) The Social Security Act ties the annual increase to the increase in the Consumer Price Index, as […]

todayOctober 21, 2019 34

Business & Lifestyle

British SME’s: what’s the future looking like for small and medium business enterprises?

Recent research has revealed that 1.6 million UK-based small-medium enterprises (SMEs) consider it “normal” for their revenue to halve or double depending on the time of year. While these fluctuations in revenue can make cash-flow management quite difficult, the future continues to look bright for UK SMEs. Increasing numbers of business owners and decision-makers agree that the services they use and offer need to be scalable, flexible and willing to adapt. Many SMEs tend to take an “ad hoc” approach […]

todayOctober 6, 2019 38

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