Earlier this week Americans celebrated Labor Day, a holiday defined by the Department of Labor as a celebration of the social and economic achievements of the American worker. For the average American, Labor Day marks the unofficial end of summer, and for retailers, back-to-school sales and a myriad of other reasons for consumers to spend.
Seventy-eight percent of full-time workers in the U.S. live paycheck-to-paycheck and, according to the Ipsos Affluent survey, a measure of U.S. adults age 18+ with household income $100,000+, 22% of those we consider to be doing well financially. Fun fact: Seeking Alpha’s audience, as measured in the Ipsos survey, is less likely than average to live paycheck-to-paycheck, only 15% versus 22% average.
How much more important is financial literacy for the average American considering technology’s impact on businesses and the natural repercussions for consumers?
Three fears for banks that share customer data with Facebook, Amazon
The newest metric for financial success: Customers’ emotions
Amazon is a threat to banks — just not in the way you think
How Walmart’s money services compete with payday lenders and check cashers
How The New York Times Uses Its Mobile App To Convert Readers To Subscribers
USA Today’s Facebook-like mobile site increased time spent per article by 75 percent
How publishers are preparing for Google’s ad-blocking version of Chrome
Amex releases mobile feature in bid to challenge personal lenders
Ad Giants Are Under Pressure to Streamline Complex Structures
What’s driving the publisher pivot to video, in 5 charts (hint: ad $$$)
Social Advertising Isn't Really Driving Conversions
BuzzFeed is ditching its anti-banner-ad stance to better cash in on its huge audience
Banks aren't giving up on personal finance app
Why microinvesting app Acorns is trying to become a publisher
With its interactive news team, Time is finding new ways to engage readers and tell stories
Amazon grows its programmatic ad business
Why WPP’s Revenue Slump Signifies the Death of Traditional Advertising
Other interesting reads from the past week
Wells Fargo Boosts Fake-Account Estimate 67% to 3.5 Million
Banks are falling behind when it comes to understanding — and using — data
Inside Allstate’s mobile payments strategy
Raising the bar on viewability
Bank of America Files 9 More Blockchain Patent Applications
Goldman plots return to banking growth mode through hires, investments
Fitbit brings NFC payments to Ionic smartwatch
Want more audience engagement in video form? This startup is betting there’s a business in there
Transparency demands are pushing ad tech companies into specializing
Ev Williams on Medium’s Spotify-ish future, why publishers left, and why he changed his mind about ads
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.