Posts by Siemond Chan

  • Twitter Map Reveals Election Sentiment Across the Country

    Siemond Chan at Yahoo Finance 2 yrs ago

    Today is Election Day. To give you an idea of what people are talking about on their way to and from the voting booth, we put together these interactive maps. Clicking on any of the small orange dots pulls up an election-focused tweet from the area.



  • See New Yorkers Experience iPhone 6 Madness in Our Interactive Map

    Siemond Chan at Yahoo Finance 2 yrs ago

    On Friday, Apple's iPhone 6 and iPhone 6 Plus went on sale all around the world. To give you a glimpse at the scene in New York City, we put together this interactive map, which gives a bird's eye view at the fervor around the new iPhones in Manhattan, with a special focus on the areas surrounding the borough's five Apple Stores.

    Clicking on any of the small orange dots pulls up an Apple-focused tweet from the area.You'll see New Yorkers celebrating with their new iPhones, mourning their old ones, or wishing that they could skip work to head down to the Apple Store. Click around to survey the scene in New York on Friday morning.


  • Food Stamp Issue Derails Farm Bill as Recipients at Record High

    Rebecca Stropoli at The Exchange 3 yrs ago

    Last week's dramatic defeat of the farm bill in the House put a fresh emphasis on the issue of food stamps in the U.S., just as the number of recipients for the program sits at a record high.

    The 195-234 vote against the $500 billion farm policy bill, a version of which the Senate passed earlier this month, came amid congressional disagreements regarding cuts to the Supplemental Nutrition Assistance Program, or SNAP. Keen focus was placed on an amendment put forth by Republican Rep. Steve Southerland, which required beneficiaries to sign up for employment-training programs in order to continue receiving food stamps. Many Democrats, who may have been willing to OK the $20 billion in food-stamp cuts the House version included, balked at the amendment, and only 24 ultimately voted for passage of the bill. Another dysfunctional-family blame game between the GOP and Democrats ensued as the defeat provided a serious blow to House Speaker John Boehner.

    As the article points out, the relaxed rules are "one reason why SNAP appears to have evolved from a program that rose and fell with the unemployment rate to a more permanent feature of the landscape."

  • Diamonds - An Investor's Best Friend?

    Siemond Chan at Yahoo Finance 3 yrs ago

    Anyone wanting to invest in diamonds has a few options through which to do so – stocks, funds or the stones themselves.

    With equities, miner Rio Tinto ( RIO ), jewelry seller Tiffany ( TIF ) and online diamond merchant Blue Nile ( NILE ) are well-known names in the diamond arena. Funds such as JP Morgan Global Natural Resources and First State Global Resources have some exposure to diamonds, while an exchange-traded fund, the Gem Shares Physical Diamond Trust , may be arriving soon. More exotic prospects include the U.K.'s Pink Iguana Enterprise Investment Scheme .


  • Kids Get Hands-On With Robots at This Brooklyn Business

    Siemond Chan at Yahoo Finance 4 yrs ago

    For kids, robots can be fun -- and educational, too. Many modern educators believe that getting kids involved in tinkering and building is the most powerful way to engage them in the world of science and technology. These days an increasing amount of entrepreneurs and businesses are recognizing the potential value of this in the marketplace. Brooklyn Robot Foundry is one of them.

    Located in the Gowanus neighborhood of Brooklyn, New York, the Foundry provides workshops that aim to "inspire and motivate kids about the fun of building" by teaching the engineering concepts behind how robots move and work. The Foundry offers after-school programs for children in pre-K through 5th grade, as well as weekend classes and summer sessions. The Robot Girls Club allows parents to build robots with their daughters in a workshop environment; there are plans to expand this program to include boys in the near future.


    We had the opportunity to visit the Foundry and sit down with Young last week. 


    See photos of the visit to the Robot Foundry >

  • Seven Questions on the Economy

    Siemond Chan at The Exchange 4 yrs ago

    Federal government data show that in 2011, Washington outlays totaled $3.6 trillion, while receipts came to $2.3 trillion. Of the receipts, $1.1 trillion came by way of individual income taxes. The spread between the two figures means the federal government was running a deficit of $1.3 trillion. Defense, Social Security and Medicare / Medicaid outlays likely will account for more than 60% of federal spending in the 2013 fiscal year. The chart below shows planned spending outside of those programs.

    What should the government do to close the gap, or should it even do anything? The U.S. financial situation is at the center of the 2012 elections, specifically the race for the White House between President Barack Obama and Republican challenger Mitt Romney. So we want to give you a chance to weigh in with your thoughts on spending and the U.S. economy.

  • Producing the Ultimate Fright

    Siemond Chan at Yahoo Finance 4 yrs ago

    Americans are forecast to spend $8 billion on Halloween this year, according to the National Retail Federation, shelling out for things like pumpkins, candy, costumes, fake cobwebs and zombie masks. And, of course, haunted houses. With their Hollywood-style effects, haunted attractions have gotten increasingly sophisticated and in-your-face over the years.    “Killers: A Nightmare Haunted House,” opened last month on New York City’s Lower East Side, promises just that. Created by Tim Haskell and produced by Steve Kopelman, “Killers” takes a theatrical approach to the standard haunted house theme and plays on our fascination with serial killers. Jack the Ripper, Ted Bundy, Jeffrey Dahmer, the Zodiac killer, and even Dexter from the Showtime series make an appearance in the show.   We visited the “Killers” exhibit and spoke with Kopelman about the burgeoning haunted house industry and his strategies for creeping people out. How did you get in to this business? I've been producing haunted houses for about 30 years now. Years and years I've been on the road with the Stones and The Who, and I helped with merchandising for rock bands. I drove by a haunted house, and I thought "this is interesting." I've always wanted to get in to Hollywood movies and stuff, but never had the funds to do something like that. So I said, "Hmm, maybe producing a haunted house would be the next best thing." I've been doing it as my primary source of income for the past 30 years.