Marketplace Logo Donate

Daily business news and economic stories from Marketplace

Where in the world are the important financial centers?

Subscribe to our Newsletters

 

53 percent

 

That’s the percentage of respondents who expect Shanghai to become the leading global financial center by 2019, according to a survey conducted by Kinetic Partners. Bloomberg News also reports that among the some 300 finance professionals surveyed, New York was named the world’s most important financial center, overtaking London for the second year in a row.

$64

 

That’s how much the tiny Baltic state of Estonia will charge foreigners to become an “e-resident” of the country. E-residents will be able to open an Estonian bank account, and start and run a company in the country. They just won’t be able to live there.

 

32 percent

 

A new study by the conservative-leaning American Enterprise Institute says that the rise of single-parent households accounts for a 32 percent growth in family-income inequality between 1979 and 2012. Others suggest that the growth in incomes of “one-percenters” is a more likely cause for the widening gap.

 

400 feet

 

Commercial drone regulations are taking off. As reported by the Wall Street Journal, new federal regulations will require operators to have a license. They also will limit commercial drone flights to daylight hours and require them to fly below 400 feet.

 

300 sellers

 

That’s how many legal marijuana sellers are in Colorado. And just like every other retailer, they’re gearing up for Black Friday, with deals on joints, vape-pen cartridges and plain old ounces of marijuana. One nickname for the event: “Green Friday.”

What's Next

Latest Episodes From Our Shows

Listen
10:00 AM PDT
31:02
Listen
7:55 AM PDT
7:31
Listen
1:40 PM PDT
1:50
Listen
2:23 AM PDT
7:35
Listen
Jun 29, 2022
16:46
Listen
Jun 29, 2022
28:30
Listen
Jun 28, 2022
26:17
Exit mobile version