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11:00am

Tue December 4, 2012
Technology

Making Your Permanent Digital Records Not So Permanent

Originally published on Tue December 4, 2012 4:11 pm

The Internet is forever — and so are texts, tweets and Facebook updates — but a startup has big ambitions to bring privacy and impermanence to online communication. The company, called Wickr, lets users decide how long a message lives.

The people behind Wickr found inspiration in 1960s-era TV and messages that self-destructed. "I think everybody who's watched Mission Impossible has always wanted self-destructing messages," says co-founder Nico Sell.

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7:50am

Fri November 30, 2012
Mexico

Why Mexico is the World's Biggest Exporter of Flat-Screen TVs

Originally published on Fri November 30, 2012 10:04 am

Credit Mark Lennihan / AP

Most of the news we hear about Mexico these days is about drug-related violence. But it turns out there's another, brighter story there: The country's economy has been growing at a solid pace for the past couple years, driven in large part by solid exports.

Among other things, Mexico is the world's largest exporter of flat-screen TVs. There are a lot of factories just south of the U.S. border, filled with workers putting together televisions. The individual parts come from Asia, but the final assembly is done in Mexico.

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9:34am

Thu November 29, 2012
Lottery

Winning Powerball Tickets Sold in Arizona and Missouri; But Who Bought Them?

Originally published on Thu November 29, 2012 1:15 pm

Credit Saul Loeb / AFP/Getty Images

After all the hype and hoopla, millions of Americans (including us) are waking up this morning to learn that they aren't sudden millionaires.

Yes, there were winning tickets sold for Wednesday night's $580 million Powerball jackpot.

But there were only two tickets that correctly matched the numbers drawn: 5, 16, 22, 23, 29 and Powerball of 6.

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4:57pm

Wed November 28, 2012
Lottery

What Would You Do With $550 Million in Powerball Winnings?

Credit Brandon Mulder for KUT News

As of Wednesday afternoon, the interstate Powerball lottery has reached a total of $550 million – the second largest lotto jackpot in history. This amount has caught the eyes (and wallets) of many.

First-time players and regulars alike are dreaming of what they would do with the winnings if they draw the lucky numbers. KUT News spoke with one Powerball player, Abbie Garcia, who had an easy attitude: “When you win the lottery it leaks through your fingers anyway, so I wouldn’t want to be too caught up in trying to hold onto it.”

Many players have practical hopes of quitting their daytime jobs, paying off debts, sending their kids to college, vacationing in Europe, etc. But when it comes to pipe dreams, a half-billion dollar jackpot permits endless fantasizing.

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4:44am

Mon November 26, 2012
Economy

'Giving Tuesday': The Start of a Holiday Tradition?

Originally published on Mon November 26, 2012 3:50 pm

First, there was the post-Thanksgiving sales spectacle Black Friday and then the online version, Cyber Monday. Now, charitable groups want to start a new holiday tradition — it's called Giving Tuesday and the first one is tomorrow.

It may seem a little surprising that no one came up with the idea before of designating a specific day to help launch the holiday charitable giving season.

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12:00pm

Fri November 9, 2012
Economy

Obama to Lay Down His Markers on Economy & Fiscal Cliff

Originally published on Fri November 9, 2012 1:08 pm

Credit Mark Wilson / Getty Images

The post-election negotiations over taxes, the economy and the so-called fiscal cliff moved into a new phase this afternoon when President Obama stepped up to a microphone at the White House to lay out his latest thoughts about what needs to be done.

In many ways, this words were echoes from the hard-fought campaign.

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3:49pm

Thu November 1, 2012
Economy

'Boomerang Kids' Circle Back to Where They Started

Credit www.flickr.com/Jellaluna

There used to be a stigma attached to living at home into one’s twenties and thirties – but not so much these days.

Blame it on rising housing prices, or dwindling employment opportunities for grads – but nowadays, young adults between the ages of 25 to 34 are feeling more comfortable about moving back in with their parents.

According to a recent Pew Research Center report on the so-called “boomerang generation,” three out of 10 young adults have moved back home in recent years, thanks to a weak economy. 

The good news concerning multi-generational households is that it looks like all parties are benefiting from the trend. Of the 2,048 adults surveyed nationwide, 48 percent have reported paying rent to their parents and 89 percent say they help with household expenses, like utilities.

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