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How Lotteries Transfer Wealth From Poor

How Lotteries Transfer Wealth From Poor

A report from The Associated Press shows that state lotteries have nearly doubled in size over the past two decades, transferring billions of dollars from low-income U.S. communities to multinational corporations. The Howard Center for Investigative Journalism at the University of Maryland found that lottery retailers are disproportionately clustered in low-income areas. Analysis of cellphone location

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Rare NFTS Can Quickly Lose Value When Collectors Get Tired of Them

Rare NFTs Can Quickly Lose Value When Collectors Get Tired of Them

According to a survey conducted by a group of researchers, rare NFTs can quickly lose value when collectors get bored of them. Non-fungible tokens (NFTs), like cryptocurrencies, may explode in value, with some fetching collectors thousands or maybe even millions of dollars. While rarer NFTs are often more valued, according

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How Lotteries Transfer Wealth From Poor

How Lotteries Transfer Wealth From Poor

A report from The Associated Press shows that state lotteries have nearly doubled in size over the past two decades, transferring billions of dollars from low-income U.S. communities to multinational corporations. The Howard Center for Investigative Journalism at the University of Maryland found that lottery retailers are disproportionately clustered in

Read More »
Global Decline: An Unhappy and Stressed-Out World

Global Decline: An Unhappy and Stressed-Out World

According to Gallup’s latest annual global update on negative and positive experiences, the second year of the pandemic was even tougher than the first. 2021’s uncertainty made the world sadder, more worried, and more stressed than the year before, pushing Gallup’s Negative Experience Index to a new high of 33.

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A Cup of Coffee Before Going Shopping May Cause You to Overspend

A Cup of Coffee Before Going Shopping May Cause You to Overspend

According to University of South Florida researchers, coffee and credit cards may be a financial planner’s worst nightmare. According to researchers, shoppers who drank a complimentary cup of coffee before going shopping spent 50% more money and bought 30% more items than their non-caffeinated counterparts. “Caffeine, as a powerful stimulant,

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