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General Business - Posted 2014-12-21 16:51:00
Gasoline Prices Down More Than $1.25/Gallon Since May

Gas Price - 30% Off - Illustration - Concept Good news for anybody that is planning on doing a considerable amount of driving over the near future - gasoline prices in the United States are now the lowest that they have been since May of 2009.

According to a new survey, gasoline prices in the United States have dropped by over $1.25/gallon since May. The drop in prices has been especially prevalent over the past couple of weeks, with a gallon of gasoline ...Full Story

The Interview - Movie Poster - Featuring Seth Rogen and James Franco - Sony General Business - Posted 2014-12-19 19:58:00
President Obama on Sony: "They Made a Mistake"

Earlier today, President Obama said in a White House press conference that Sony had "made a mistake" by cancelling the planned Christmas Day release of "The Interview". While Obama said that he was "s...Full Story

Vladimir Putin - President of Russia - Serious Expression - Visit to Prague General Business - Posted 2014-12-16 21:39:00
Russia in Turmoil As Oil Continues To Drop in Price

Earlier this week, Russia's central bank elected to hike their interest rate to 17% in order to attempt to slow and eventually reverse the stunning drop of the ruble. This was the latest chapter in a ...Full Story

Posted November 18th, 2014 8:28 pm EST
Institutional Funds Flock To Alibaba

Alibaba Group Holding Limited (BABA on the NYSE), the Chinese e-commerce giant, has been on fire since going public in mid-Se... Full Story
Posted June 19th, 2014 10:07 pm EST
Las Vegas: Democrats Currently The Favorites To Win in 2016

According to Las Vegas, the Democrats are currently the favorites to win the 2016 US Presidential el... Full Story
Posted May 25th, 2014 5:19 pm EST
Los Angeles Clippers Likely To Fetch $1 Billion+ in Sale

The NBA is going to force a sale of the Los Angeles Clippers due to recent remarks by the team's dis... Full Story
Posted April 6th, 2011 7:04 pm EST
What is the Debt Ceiling?

There is currently a fierce debate underway in the United States over the country's "debt ceiling". ... Full Story

OPEC Logo - Organisation of Oil Exporting Countries General Business - Posted 2014-12-14 15:55:00
United Arab Emirates: OPEC Output Likely To Remain Unchanged Even If Oil Continues To Drop

According to the United Arab Emirates' energy minister Suhail Al-Mazrouei, OPEC is unlikely to consider a production cut even if oil drops to $40/barrel in the short-term.

Despite the ...Full Story
Oil Fields - Orange Background - Scenic Photo General Business - Posted 2014-12-11 02:46:00
The Great Oil Crash of 2014 Continues

Oil continued to plummet earlier today as the "Great Oil Crash of 2014" continues unabated.

The price of a barrel of crude oil (Brent, January 15 contract) now trades at $64.66 after su...Full Story
Emplyment Numbers - Deeper Look - Illustration General Business - Posted 2014-12-07 19:10:00
November Employment Report: 321k Jobs Added, Unemployment Rate Remains Stable at 5.8%

The Bureau of Labor Statistics ("BLS") released the employment report for the month of November on Friday morning.

The BLS revealed that the US economy added 321,000 non farm payroll j...Full Story

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The federal government debt - Illustration - Collage General Business - Posted 2014-12-05 04:17:00
$2.7 Trillion Owed To Social Security - And Counting

Here is a fact that many people aren't aware of - the US government borrows money from programs such as Social Security to fund its operations.

Let's say that Social Security takes in ...Full Story
18T - Eighteen Trillion - US Debt - Illustration / Concept - American Flag General Business - Posted 2014-12-02 15:59:00
United States Debt Clock Passes $18 Trillion For The First Time

Another "landmark" was achieved earlier this week after the United States debt clock officially moved past the $18 trillion (that's trillion with a T) for the very first time.

As of th...Full Story
Black Friday Sign - 11% Drop in Spending - Illustration / Concept General Business - Posted 2014-12-01 17:32:00
Report: Black Friday Weekend Spending Down 11%

According to the National Retail Federation, consumer spending on "Black Friday weekend" (Friday to Sunday of the Thanksgiving weekend) was down a staggering 11% from last year. The NRF estimates that...Full Story

Oil Rig Illustration / Icon - Black and White General Business - Posted 2014-11-29 17:24:00
Oil Prices Continue To Plunge As OPEC Squares Off Against Shale-Oil Producers

Oil prices continued their freefall on Friday after OPEC revealed that they would not be cutting their 30 million barrels per day of production. This announcement came as a surprise to many, as oil pr...Full Story
The Department of Treasury Building - United States of America - Sunny Cloudless Day - Photo General Business - Posted 2014-11-27 23:48:00
Chinese Holdings of US Debt Down 2% From Year Ago

Two things have been fairly constant over the past 15 years or so - the United States has spent far more than it has brought in and China has had a voracious appetite for US debt.

Over...Full Story
National Hockey League - NHL - Logo - Small Size General Business - Posted 2014-11-26 01:38:00
Average NHL Franchise Value Up $300 Million+ Over Past Decade

Forbes released their list of the most valuable franchises in the NHL earlier today.

The Toronto Maple Leafs currently lead the pack with a franchise value of $1.3 billion. This 10-fig...Full Story
Google Company Logo - Standard General Business - Posted 2014-11-23 05:31:00
Google: Pay Us And You Won't See As Many Advertisements

Google, the ubiquitous search engine/software/self-driving car/robotics/home analytics/etc company that has a stranglehold on the online search market, is reportedly testing out a new service called "...Full Story

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LeBron James, July 11th, 2014 - James announced his intention to sign with the Cleveland Cavaliers.

Micky Arison, July 11th, 2014 - Lebron James decided to leave the Miami Heat, which will result in a diminished value for the club.

Jeff Bezos, 2014-05-15 - Donated 4,124 shares of Amazon to a non-profit organization

Elon Musk, 2014-05-09 - Received 15,213 Shares of Solarcity (SCTY) as part of pro-rata distribution from Draper Fisher Jurvetson Fund X, LP (103 shares) and Valor Equity Partners II LP (15,110 shares)

Mark Zuckerberg, 2014-05-08 - Converted 3,999,000 shares of Class B shares of Facebook to Class A shares

Sergey Brin, 2014-05-06 - Sold 83,334 Class A Google shares and 77,570 Class C shares of Google

Bill Gates, 2014-05-06 - Sold 4.65 million shares of Microsoft (MSFT)

Bill Gates, 2014-05-02 - Sold 4.03 million shares of Microsoft (MSFT)

Reed Hastings, 2014-05-01 - Gifted 10,000 shares of Netflix from Hastings-Quillin Family Trust

Bill Gates, 2014-05-01 - Sold 3.47 million shares of Microsoft (MSFT)

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United States Immigration Reform - Statue of Liberty in front of Flag - Concept / Illustration General Business - Posted 2014-11-20 22:49:00
President Obama Reveals Sweeping Overhaul of Immigration System

In a controversial move that has brought howls of outrage from the Republicans, President Obama revealed details of his sweeping immigration reform during a televised speech to the nation earlier toni...Full Story
Pershing Square Capital Management - Hedge Fund - Logo General Business - Posted 2014-11-17 21:21:00
A Look at Bill Ackman's Portfolio As Of September 30th, 2014

Bill Ackman of the Pershing Square Capital Management hedge fund has certainly had an interesting couple of years.

There has been his very public campaign against Herbalife. There have...Full Story
Democratic Party - Donkey - Illustration General Business - Posted 2014-11-17 05:19:00
Gallup: Democratic Party's Favorability Rating Falls To All-Time Low

Just days after losing control of the Senate to the Republicans, the Democratic party is having a bit more dirt kicked on them, courtesy of new poll results from Gallup.com.

According ...Full Story
Microsoft Company Logo - 2014 General Business - Posted 2014-11-14 05:11:00
Microsoft Replaces Exxon Mobil As World's Second Most Valuable Company

Thanks to a dramatic drop in oil prices, Exxon Mobil has now slipped to #3 on the list of the world's most valuable companies.

Taking over the #2 position is Microsoft, which now has a...Full Story

Find Good Life in North Dakota - Advertising Campaign Logo General Business - Posted 2014-11-11 19:27:00
State Unemployment: Georgia Leads Way With Unemployment Rate of 7.9%

The list of the states with the highest unemployment states has changed dramatically over the past year or two.

After the economic meltdown and subsequent deflation of the US economy, ...Full Story
National Football League - NFL - Logo General Business - Posted 2014-11-09 02:37:00
NFL: Business Continues To Grow Despite Scandals

Despite numerous scandals and lawsuits, the business of the NFL (National Football League) remains a runaway train that is in no real danger of being stopped.

The NFL has had a number ...Full Story
Superbowl XLIX Logo - University of Phoenix Stadium - February 2015 - Sign General Business - Posted 2014-11-07 05:43:00
Report: 30 Second Super Bowl Ads To Cost $4.5 Million

According to Variety.com, 30 second commercials that will run during Super Bowl XLIX on NBC in February will cost a cool $4.5 million, up 12.5% from last year.

According to reports, NB...Full Story
Voting Ballot - Illustration - Concept General Business - Posted 2014-11-04 02:14:00
America Heads To The Polls on Tuesday

The United States will head to the polls on Tuesday as 33 Senate seats, 435 House of Representatives seats and a number of governorships sit up for grabs.

Barring some sort of unforese...Full Story
Washington Post Chart - United States Senate Predictions - November 2014 General Business - Posted 2014-11-01 07:03:00
Washington Post "Election Lab": Republicans Have 95% Chance of Winning a Senate Majority

According to the Washington Post's new "Election Lab" page, the Republicans are currently sitting pretty heading into next week's mid-term elections.

The public's disdain towards Presi...Full Story
Facebook Logo - Blue on White - 400 pixels wide General Business - Posted 2014-10-29 02:51:00
Hiccup? Facebook Falls 8% After Releasing Q3 Earnings Report

If you have bought shares of Facebook at any point over the past two years, chances are that you have done extremely well for yourself.

Following a disastrous initial public offering, ...Full Story
Ebola Virus - Photo - Black and White General Business - Posted 2014-10-27 03:42:00
Gallup: Ebola Now a Top 10 Issue For Americans

According to a recent Gallup poll, the Ebola virus is now one of the top most pressing issues that the country currently faces.

The economy, as per usual, has been named by 17% of Amer...Full Story
United States Congress Building - Capitol Hill - Side view on a sunny day - Photo General Business - Posted 2014-10-23 00:04:00
CBO: Net Interest Payments on Federal Debt Expected To Hit $800 Billion By 2024

According to the CBO ("Congressional Budget Office"), which conducts nonpartisan analysis for Congress, the United States will be shelling out $800 billion per year in net interest payments by 2024. <...Full Story

USA Deficit approaching 18 Trillion Dollars General Business - Posted 2014-10-20 04:40:00
US Debt Load Approaching $18 Trillion

It's safe to say that, relatively speaking, the subject of deficit spending in the United States has become a non-issue from a political point of view.

Just a few short years ago, the ...Full Story
Netflix company logo - On white background General Business - Posted 2014-10-15 21:36:00
Netflix Set To Lose Billions in Market Cap Following Q3 Earnings Report Release

Netflix, which has been one of the darlings of the stock market over the past 2-3 years, is currently undergoing a major haircut in afterhours trading.

Shares of the streaming video co...Full Story
Mitt Romney - 2012 Photo - Clear Blue Sky General Business - Posted 2014-10-13 19:48:00
Iowa Poll: Romney Only Republican Who Would Beat Hillary Clinton

According to a recently conducted poll in Iowa, former Republican Presidential candidate Mitt Romney is the only Republican who would beat Democrat Hillary Clinton if the 2016 election were to be held...Full Story
Dow Jones Industrial - Chart - Year 2014 up to October 9th General Business - Posted 2014-10-10 20:53:00
Dow Jones Turns Negative For 2014 After Volatile Week

Many online news websites and traditional newspapers will be filled this weekend with pictures of stock traders looking flummoxed and forlorn as the Dow Jones Industrial Average turned negative for th...Full Story
NBA - National Basketball Association - Logo General Business - Posted 2014-10-08 23:05:00
NBA, Players Looking At Likely CBA Standoff Thanks To New TV Deal, Team Valuations

The NBA (National Basketball Association) recently inked new TV deals with ESPN and Turner that will reportedly pay the league $2.66 billion per year starting in 2016-17. The nine-year deal will repre...Full Story
GT Advanced Technologies - Company Logo General Business - Posted 2014-10-06 18:45:00
GT Advanced Technologies: $1.5 Billion Company on Friday, Bankrupt Today

A very unusual situation unfolded in the markets earlier today as GT Advanced Technologies Inc., trading as GTAT on the Nasdaq, filed for Chapter 11 bankruptcy. Shares of the company closed the day at...Full Story
Yahoo - New Company Logo - Purple Color General Business - Posted 2014-10-05 18:06:00
Marissa Mayer Under Fire at Yahoo!

The "honeymoon" period is clearly over for Marissa Mayer as the former "golden child" is now under pressure to either make significant changes to her leadership strategy or step down altogether at Yah...Full Story
Economy Gears - Unemployment at 5,9% - Illustration - Concept - Idea General Business - Posted 2014-10-03 16:21:00
Unemployment Rate Declines To 5.9% in September

The BLS ("Bureau of Labor Statistics") released the "Employment Situation Summary" for the month of September earlier today.

The big data point that many in the mainstream media are trumpeting this morning - the national une...Full Story


SEC Charges Two Men With Insider Trading on Pershing Square's Announcement of Bearish View on Herbalife
Surprise! ATM, Overdraft Fees Continue To Surge
Apple Suffering Through Embarrassing iPhone 6 Launch
Is Carl Icahn Liquidating His Stake in Herbalife?
Reuters: 23.9% of Americans Want Their States To Secede From The Union
Larry Ellison Steps Down as CEO of Oracle
CEO, COO and Cash Disappear From Publicly Traded German Company
Capital Flees United Kingdom Ahead of Scottish Independence Vote
NFL Commissioner at Risk of Losing Job Over Ray Rice Situation
All Eyes on Apple on Tuesday
The Labor Force Participation Rate Continues To Evaporate
August Unemployment Report: +142,000 Nonfarm Payroll Employment, Unemployment Rate 6.1%
President Obama's Approval Numbers Continue To Deteriorate
Gallup: 50% of Full-Time US Workers Work More Than 40 Hours Per Week
Want To Renounce Your US Citizenship? It'll Now Cost You More
Warren Buffett Under Fire For Berkshire Hathaway's Role in Burger King/Tim Hortons Deal
Burger King and Tim Hortons Talking Deal
The Great Presidential Vacation Debate
Steve Ballmer Looking To Resurrect His Image as New Owner of Los Angeles Clippers
Gallup: 52% of Americans Believe That Now is a Good Time To Invest in Financial Markets
Berkshire Hathaway Tops $200,000/Share For The First Time
Maker of "Candy Crush Saga" Crushed After Q2 Earnings Report
SEC Nabs Four For Manipulation of Medical Marijuana Stocks
Would You Pay a "Minimum Wage Fee" On Your Restaurant Bill?
Bull Market Rages On, But It's Still Nothing Like 1999
Berkshire Hathaway's Cash Pile Tops $55 Billion
Japan Continues To Inch Closer To Becoming USA's Largest Foreign Creditor Once Again
Twitter Surges Following Release of Q2 Earnings Report
Will Bill Ackman Ever Capitulate on Herbalife?
SEC Lifts Trading Halt on Cynk Technology, Shares Crater 85%
Mark Zuckerberg Adds Another $1.56 Billion To His Net Worth
Puma Biotechnology Illustrates The Dangers of Holding Biotech Short Positions Overnight
Tuesday Promises To Be An Interesting Day For Herbalife Shareholders
Will Google Be The First Trillion Dollar Company?
Gallup: 17% of Americans Believe Immigration is Nation's Biggest Issue
SEC Suspends Trading in Cynk Technology
The Financial Impact of Lebron James Signing With the Cleveland Cavaliers
Shares of Cynk Technology Keep Going.. and Going
How An Embarrassing Soccer Loss Could Change Brazil's Future
Report: Gun Sales Down 7.6% In First Half of Year
Report: "Millennials" Make Up 40% of Unemployed in United States
Over $3 Million in Donations Made To Pay Down US Debt Through First Seven Months of 2014 Fiscal Year
President Obama's Approval Rating Continues To Hover In Low 40s
Real GDP Decreased 2.9% in Q1/2014
Dow 17,000 Likely Coming This Week
AAA: Don't Expect Gas Prices To Drop Anytime Soon
Romney Redux? Mitt Leads New Hampshire GOP Primary Poll
IMF Cuts US Growth Outlook For 2014
Report: 71% of Americans Support Minimum Wage Increase
US Posts $130 Billion Deficit in May
Report: Global Millionaire Population Soared in 2013
May Employment Report: 6.3% Unemployment Rate, 217,000 Jobs Added
Economists Expecting 6.4% Unemployment Rate For May
Five Years Since The End of the "Great Recession"
NY Times: FBI Investigating Carl Icahn, Phil Mickelson For Possible Insider Trading Violations
Apple Agrees To Its Largest Ever Purchase As It Buys Beats Electronics, LLC For $3 Billion
Gallup: Half of Americans Think That They Will Be Able to Retire Comfortably
Gasoline Prices: 1,247 Days Over $3/Gallon and Counting
A Look at Vice President Biden's Personal Financial Disclosure For 2013
President Obama Files Financial Disclosure for 2013

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