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Hospitals Fund Politicians While Ripping Off Patients
iStockphoto/The Fiscal Times
CBO: Immigration Bill Reduces Deficits by $200 B
ERIC PIANIN, DAVID FRANCIS, The Fiscal Times  |  June 18, 2013

The Congressional Budget Office has determined that the Gang of 8 immigration bill would reduce the deficit by...

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What Will Bernanke Say? 10 Wall Street Analysts Weigh In
JACOB P. GUTNER, The Fiscal Times  |  June 18, 2013

Across the worlds of Wall Street and Washington, all eyes will be on Ben Bernanke Wednesday, as the Federal...

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The Rich Just Keep Getting Richer
THE STAFF, Reuters  |  June 18, 2013

The number of millionaires in the world jumped 9.2 percent to 12 million last year, in part because of...

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The Brilliant Plan That Could Save Colleges Millions
BENJAMIN GINSBERG , Minding the Campus  |  June 18, 2013

As colleges begin using massive open online courses (MOOC) to reduce faculty costs, a Johns Hopkins University...

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Heritage: Rising Debt Will Spike Interest Rates
BRIANNA EHLEY, The Fiscal Times  |  June 18, 2013

“The recent run-up in government debt could have the effect of pushing interest rates way beyond what we’ve seen...

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Why Our Teachers Can't Teach
STEPHANIE SIMON, Reuters  |  June 18, 2013

The U.S. teacher training system is badly broken, turning out rookie educators who have little hands-on...

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Obama Tells Charlie Rose Why He’s Not Dick Cheney
STAFF, TheWeek.com  |  June 18, 2013

National Security Agency leaker Edward Snowden spent an hour online on Monday morning explaining his...

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7 Travel Secrets from Frequent Flyers
STAFF , Bankrate  |  June 17, 2013

When it comes to making a trip go more smoothly, experienced fliers have their own travel secrets -- from...

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Humiliation for Greece, Buying Opportunity for You?
STAFF, Minyanville  |  June 17, 2013

Prospects for emerging markets have gone from bad to worse over the past few weeks. The world investing...

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Filled Coffers May Mean Tax Changes in 35 States
ELAINE S. POVICH, Stateline  |  June 17, 2013

Resurgent revenues prompted tax-cut talk from Bismarck to Baton Rouge — but in some states, the tax breaks never...

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11 Strange College Majors

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17 Great Travel Apps

5 Questions For...

D.J. Patil
Chief Data Scientist, Greylock Partners
  • "How is big data changing the way business captures customers? "
    "Data science now has a front seat. Consider the success of ‘Moneyball’ and of election predictions. We’ve gone from targeting customers to building data products to benefit customers – like Google’s self-driving car. "
  • "Tell us something we don't know about a data scientist’s job."
    "The most powerful skill of a great data scientist is the ability to create a narrative. Data by itself is cold. It’s the human that makes it come alive and be useful. "
  • "What excites you most about the field? "
    "The ability to improve people’s lives, as in forecasting Hurricane Sandy. People are also using data to better track their health. There are advances in genomic analysis, too. "
  • "What concerns you most about this field? "
    "We’re in an arms race against those who would breach security systems. There are very sophisticated data products out there. We need to better discuss privacy and the appropriate use of data by the government. "
  • "Best way to prepare the data scientists of the future? "
    "Students need a great foundation in math, statistics, computer science. Domain expertise is also required. They also need to have another multidisciplinary area – biology or physics, for example. "
    

Cartoons

  • “He said that he is socially liberal and fiscally conservative, but what he meant is that he sleeps around and is cheap.”
  • “You’re in luck, in a way. Now is the time to be sick – while Medicare still has some money.”
  • “Will this be cash or consumer debt?”
  • “Is there a history of recession in your family?”
  • “Something sleek and recessionproof, Edward”
  • “Well, so long, Eddie. The recession’s over.”
  • “I need some short-term economic stimulus.”
    

Quote of the Day

Open Quote Some are hailing [Edward Snowden] as a hero and a whistle-blower. He is neither. He is, rather, a grandiose narcissist who deserves to be in prison. Close Quote
Author Jeffrey Toobin in The New Yorker

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