Today’s bits: Making the Leap from a Liberal Arts Major to a Finance Career

Uber

Uber Starts Charging What It Thinks You’re Willing to Pay
The ride-hailing giant is using data science to engineer a more sustainable business model, but it’s cutting drivers out from some gains.

Uber Owes Some NYC Drivers Up To $45M After Miscalculating Commissions
Uber has to open up its wallet and pay an estimated $45 million to its drivers in New York City, after it miscalculated drivers’ share of fares for more than two and a half years.

Money & Investing

Can S&P 500 still deliver double digit gains this year?
Nobody can say the stock market outlook these days isn’t looking cloudy, but most investors appear to remain sunny. That in itself should be a moderately bullish sign, although nothing is certain, to be sure.

Amex buys into voice payments
American Express will allow Echo device owners to verbally inquire about account balances and pay bills, thanks to an integration with Alexa, Amazon’s virtual assistant.

No one like to budget
Instant gratification trumps prudent long-term money management. Budgeting requires trade-offs, like buying a used car instead of the latest model off the showroom floor so you can pay off student loans sooner, or foregoing that summer home so you can retire comfortably.

Ultimate Stock-Pickers: Top 10 High-Conviction and New-Money Purchases
The Ultimate Stock-Pickers concept has been to uncover investment ideas that not only reflect the most recent transactions of a grouping of top investment managers, but are also timely enough for investors to get some value from them.

20 Money Tips to Help You Save More
Add every dollar up from the very first check you ever got. How much money has passed through your hands? How much have you made in your working life? Now, how much have you saved? Are you happy with that number?

The 15 US cities where it’s easiest to save money
Most Americans are bad at saving money. But our own shortcomings are not entirely to blame. Geography actually plays a significant role in our ability to sock away cash — specifically, the relationship between cost of living and income

Record Low in Fund Fees
The demand for low-cost passive funds is driving a downward trend in fees for mutual funds and ETFs, according to research by Morningstar.

Offers

Pre-order Amazon Echo Show
Echo Show brings you everything you love about Alexa, and now she can show you things. Watch video flash briefings and YouTube, see music lyrics, security cameras, photos, weather forecasts, to-do and shopping lists, and more. All hands-free—just ask.

All-New Fire 7 Tablet with Alexa
Buy three, save 20%

Bose SoundLink Revolve Bluetooth Speaker
Deep, loud and immersive sound, with True 360-degree coverage

Amazon Warehouse Deals
Great deals on open-box & pre-owned products

Career

Making the Leap from a Liberal Arts Major to a Finance Career
The quantitative side of the business is becoming increasingly industrialized and overwhelmed by computing power. What’s still missing are the “softer” skills (e.g. critical thinking, reasoning, writing, etc.) that are cultivated in liberal arts courses.

Real Estate

The rush of young people to U.S. cities over the past few years is partly to blame for America’s worsening housing shortage.

 

Retirement

Frugal retirees ditch 4% rule, hoard savings instead
Retirees may be overly pessimistic about their future financial health and that may lead them to spend less than they could otherwise, according to a new study by United Income, a startup that aims to apply big-data analysis to financial planning.

Misc

Hey Android users, Apple wants you
Will it be easy to switch to iPhone? (According to Apple) Yes, it will. There’s no need to save your stuff elsewhere before switching from Android.

Regardless of the device, smartphone users tend to be loyal… Apple users among the most loyal.

Infographic: Most iPhone Users Never Look Back | Statista You will find more statistics at Statista

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