By Michael Bastasch For millions of soccer fans around the world, being able to watch their country play in the World Cup is a luxury: People in poor countries have to suffer through rolling blackouts and electricity rationing as massive amounts of power is diverted to meet surging electricity demands of the World Cup. Soccer…
By Blake Neff Often stereotyped as the destination for college graduates who can’t find more remunerative employment, Starbucks will offer thousands of its employees free tuition through a collaborative endeavor with Arizona State University, the company announced Monday. The plan is available to any employee at Starbucks who works at least 20 hours per week….
They might not have thought this one through. Across Europe, taxi drivers are being increasingly outcompeted by Uber – an app-based ride-sharing service. Frustrated, the London-based Licensed Taxi Drivers Association is demanding that the government protect them from competition by banning Uber. To get the attention of authorities, taxi drivers went on strike on Wednesday,…
15-year-old Erik Finman is very grateful to his older brother for turning him on to Bitcoin back in 2012. When his grandma gave him $1,000 gift, he turned around and purchased the digital cryptocurrency which he later sold for a whopping $100,000. Finman only started with 0.2 Bitcoins, but he managed to sell when the…
By Jonah Bennett A study recently released by the Institute for Justice (IJ), a non-profit legal firm, challenges the common perception that food trucks are unclean and unsafe, reports Watchdog. Launched as part of IJ’s National Street Vending initiative, the study examined over 260,000 food-safety inspection reports from seven major American cities. According to the author of…
A parking business in Seattle, Washington is responding to the new forced hike in minimum wage to $15 an hour by implementing a “living wage surchage” to its customers’ bills. The MasterPark at Sea-Tac International Airport instituted the additional 99-cents-per day fee as a way to show the public the effects of voting a higher…
WILLISTON, NORTH DAKOTA–Mark J. Perry, an acclaimed economics professor and writer, recently took a trip to Williston, North Dakota. Despite its remote location, the city is in the midst of an economic boom after the Bakken oil fields began gushing shale oil. Bakken produces one million barrels of oil per day, making it one of…
by Michael Bastasch [S]enate Republicans have [written the] White House, urging President Obama to repeal his recently announced power plant rule that cajoles states into imposing cap-and-trade schemes on carbon dioxide emissions. Republicans say that Obama’s rule is “all pain, no gain” and would result in higher energy prices and huge job losses as coal-fired…
A recent study has revealed an unfortunate side effect of our floundering economy. A stagnant job market and staggering student loan debt has left struggling young people with little recourse other than to save money where they can, no matter how embarrassing the measures. It’s now estimated that one-third of people 18 to 34 years…
By Michael Bastasch President Obama said electricity bills would “necessarily skyrocket” as a result of his energy policies. Rural Americans are about to find out how much. At least six electric cooperative utilities across the U.S. mid-and-southwest could raise electricity rates up to 40 percent if the Environmental Protection Agency imposes new permitting regulations coal-fired…