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General Business - Posted 2014-04-15 22:40:00
Belgian US Debt Holdings Continue To Spike

Belgium and US Dollar - Illustration As of February 2014, the three largest foreign holders of US debt were China, Japan and - Belgium?

According to numbers that were released by the Treasury Department earlier today, Belgium reported total US debt holdings of $341.2 billion in February, up 9.9% from the month before. Over the past 12 months, Belgium’s holdings of US debt have skyrocketed by over 82%.

So, is Belgium actually buying ...Full Story

Herbalife Logo - Green General Business - Posted 2014-04-13 21:09:00
Herbalife Back in Spotlight Following Rumored Government Probe

The markets were having a typically sleepy spring afternoon on Friday when rumors of a possible FBI/Department of Justice criminal probe against Herbalife (a multi-level marketing company that sells n...Full Story

Barack and Michelle Obama - Photo General Business - Posted 2014-04-11 22:41:00
The Obamas Earned $481,098 in 2013

If you are interested in such things, President Obama published his 2013 federal income tax return on Whitehouse.gov earlier today.

The Obamas, who jointly filed, reported total income...Full Story

Posted March 26th, 2014 6:36 pm EST
Mark Cuban Not Sweating His Lack of Involvement in Box IPO

Earlier this week, Box filed for an initial public offering. The offering, which will seek to raise $250 million, will va... Full Story
Posted February 4th, 2014 3:53 am EST
Vince McMahon a Billionaire Once Again

Vince McMahon is a billionaire once again. McMahon, who currently serves as the Chairman and CEO... Full Story
Posted January 30th, 2014 5:24 am EST
Parsing Obama's 2014 State of the Union Address

A few days ago, President Barack Obama made his fifth State of the Union address to the nation. ... 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

United States Deficit - March 2014 - Graph General Business - Posted 2014-04-11 01:10:00
United States Posts Deficit of $37 Billion in March

According to the "Monthly Treasury Statement of Receipts and Outlays of the United States Government" from the Bureau of Fiscal Service of the Department of the Treasury, the United States posted a de...Full Story
Tax Foundation Logo General Business - Posted 2014-04-08 13:18:00
"Tax Freedom Day" To Fall on April 21st This Year

According to the Tax Foundation, "Tax Freedom Day" will fall on April 21st this year, three days later into the year than in 2013.

What is "Tax Freedom Day"?

"Tax Freedo...Full Story
Employment Gears - Illustration General Business - Posted 2014-04-04 16:32:00
March Employment Report: 192,000 Jobs Added, Unemployment Rate Remains Unchanged

The Bureau of Labor Statistics ("BLS") released the March 2014 employment report earlier today.

Heading into today's report, the general consensus was that the US economy added a littl...Full Story

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Cashier Woman - Illustration General Business - Posted 2014-04-02 17:17:00
Retail Salespersons, Cashiers Top List of Most Common Jobs in the United States

The Bureau of Labor Statistics ("BLS") released their "Occupational Employment and Wages" report for May/2013 earlier this week.

According to the BLS, retail salespersons and cashiers ...Full Story
Stock Market Growth - Illustration General Business - Posted 2014-04-01 17:41:00
April: Typically One of the Strongest Months for the Stock Market

Another day, another all-time high for a major North American market index, as the S+P 500 closed up 0.70% to finish at yet another all-time high. The DJIA is just 50 points behind an all-time high, w...Full Story
Baseball Riches - Illustration General Business - Posted 2014-03-30 20:11:00
Revenues Rising: Cabrera, Trout To Receive $400 Million+ In Two New MLB Deals

Spring has arrived, which means that Major League Baseball (MLB) is set to swing back into action.

Normally I stick to writing about the stock market and economics in general on this s...Full Story

Obamacare - Illustration General Business - Posted 2014-03-28 14:29:00
Poll: Just 26% of Americans Support "Obamacare"

Earlier this week, President Obama revealed that 6 million people had signed up for "Obamacare", meeting a (lowered) projection by the Congressional Budget Office and Obama Administration. This comes ...Full Story
Oculus and Facebook Logos - Mashed General Business - Posted 2014-03-26 16:02:00
Internet Explodes After Facebook Announces Buy of Oculus VR

Let's be straightforward - the only person that seems to like the purchase of Oculus VR (the maker of the Oculus Rift, which is a virtual reality headset) is Mark Zuckerberg himself.

I...Full Story
Facebook and Oculus Rift Logos General Business - Posted 2014-03-25 17:46:00
Facebook Purchases Oculus VR For $2 Billion

Facebook revealed after the closing bell today that they have purchased Oculus VR for around $2 billion.

The deal reportedly includes $400 million in cash and $1.6 billion in shares of...Full Story
General Business - Posted 2014-03-24 22:30:00
Bloomberg: Foreign Buyers Slowing Down Their Purchases of US Debt

The bad news? Foreign purchases of US debt are noticeably slowing.

The good news? US investors are stepping up and picking up the slack.

According to Bloomberg.com, for...Full Story

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Jobs Newspaper - Coffee - Illustration General Business - Posted 2014-03-23 14:21:00
Study: 1 in 10 Long-Term Unemployed Get Hired Every Year

According to a new study led by Alan Krueger, just 10% of the long-term unemployed re-enter the work force each year.

In the latest jobs report (February), the Bureau of Labor Statisti...Full Story
The BIllion Dollar Bracket Challenge 2014 - Logo - The Quicken Loans / Yahoo! General Business - Posted 2014-03-21 23:48:00
Berkshire's Billion Dollars is Safe

Berkshire Hathaway's billion dollars is officially safe for another year.

The Quicken Loans / Yahoo! Billion Dollar Bracket Challenge offered people the chance to win a billion dollars...Full Story
Illustration of a North American Bank General Business - Posted 2014-03-20 18:31:00
Federal Reserve Releases Results of Latest Bank Stress Tests

Earlier today, the Federal Reserve released the results of their most recent round of bank "stress tests".

Of the 30 banks that were included in the test, only one (Zions Bancorp) was ...Full Story
Unemployment Chart - Decreasing - Illustration General Business - Posted 2014-03-18 15:39:00
January State Unemployment Report: 43 States Post Unemployment Rate Decreases

Earlier this week, the Bureau of Labor Statistics ("BLS) released the state unemployment numbers for the month of January.

According to the BLS, a total of 43 states and the District o...Full Story

USA and Russia Flags - Illustration General Business - Posted 2014-03-17 16:25:00
Russia: $138.6 Billion in Current US Debt Holdings

The situation in the Ukraine continues to develop on a daily basis, with Russian President Vladimir Putin recently signing a decree that recognizes the independence and sovereignty of the Republic of ...Full Story
Stock Market Line Graph - Red Colour General Business - Posted 2014-03-16 18:03:00
Ukraine, Fed Uncertainty Set To Weigh on Markets This Week

There are two main factors that are set to weigh on the markets this week - the continuing situation in the Ukraine and the Fed meeting that is set to take place later this week.

Crime...Full Story
Green Dollar Sign General Business - Posted 2014-03-14 01:45:00
Report: Record Number of Million Dollar US Households in 2013

According to a new report from the Spectrem Group (HT to CNN Money), a record number of US households had a total net worth of at least $1 million in 2013, even after excluding their primary residence...Full Story
United Kingdom Map in 3d next to the GBP symbol General Business - Posted 2014-03-12 17:25:00
United Kingdom Raises Its Minimum Wage

The United Kingdom will be raising its minimum wage to £6.50/hour in October according to Business Secretary Vince Cable.

The move comes after the Low Pay Commission recommended ...Full Story
Mark Zuckerberg - 37th G8 Summit - Deauville General Business - Posted 2014-03-11 01:10:00
Mark Zuckerberg's Net Worth Continues To Soar Into The Stratosphere

Forbes recently published its list of the world's richest people, with Microsoft co-founder Bill Gates topping the list with a reported net worth of $76 billion.

Forbes noted at the ti...Full Story
General Business - Posted 2014-03-07 22:29:00
February Employment Report: Unemployment Rate Rises to 6.7%

The "BLS" (Bureau of Labor Statistics) released their February Employment Situation summary earlier today.

175,000 non-farm payroll jobs were added in February while the national unemp...Full Story
President Barack Obama - Giving a Speach - American Flag in the Background General Business - Posted 2014-03-05 23:11:00
Gallup: President Obama's Approval Rate Continues To Hover In The Low 40s

According to Gallup.com, President Obama's national approval rating currently sits at 42%.

During President Obama's successful re-election bid, his approval rating increased all the wa...Full Story
Bill Gates - Oslo General Business - Posted 2014-03-03 19:06:00
Forbes: Bill Gates Is Once Again World's Richest Billionaire

After spending a couple of years in second place, Bill Gates is now the world's richest billionaire once again.

Earlier today, Forbes published their list of the world's richest billio...Full Story

Berkshire Hathaway 2013 Annual Report - Logo General Business - Posted 2014-03-01 19:26:00
Warren Buffett: "America's Best Days Lie Ahead"

Earlier today, Berkshire Hathaway released its Q4 and annual reports for 2013. Included in the annual report was Warren Buffett's letter to shareholders, which is a must-read document for anybody who ...Full Story
Bitcoin Illustration - Orange General Business - Posted 2014-02-27 05:24:00
Bitcoin Proves Resilient in Face of Mt. Gox Closure

Bitcoins have proven resilient in the face of one of the most tumultuous weeks of the crypto-currency's brief history.

Earlier this week, Mt.Gox, formerly one of the world's largest Bi...Full Story
MtGox Logo General Business - Posted 2014-02-25 01:54:00
Bitcoin Exchange MtGox Goes Offline

It seems as though MtGox, formerly the world’s largest Bitcoin exchange, has halted trading and gone offline.

MtGox (which stands for Magic: The Gathering Online eXchange) was establis...Full Story
Whatsapp Logo - Red Colour General Business - Posted 2014-02-22 17:51:00
Whoops! WhatsApp Suffering Extended Outage Following Facebook Deal

Both WhatsApp and Facebook have some serious egg on their faces today following an extended outage to the WhatsApp service.

Earlier in the week, Facebook shocked practically everyone b...Full Story
Facebook and Whatsapp logos General Business - Posted 2014-02-20 02:59:00
Facebook Breaks The Bank in WhatsApp Buy

"Shocker." "Unbelievable". "Mind-boggling".

These were just some of the words that were used to describe Facebook's purchase of WhatsApp today.

The deal, which was anno...Full Story
Search for Jobs - Illustration General Business - Posted 2014-02-17 17:13:00
Gallup: Unemployment/Jobs The Most Pressing Issue for Americans Once Again

According to a recent Gallup.com poll (link below), unemployment/jobs is once again the most important problem that the nation needs to deal with.

Americans were asked by Gallup to nam...Full Story
Russia - Map / Flag General Business - Posted 2014-02-15 17:42:00
Many Americans Continue To Turn Sour on Russia and Vladimir Putin

The eyes of the world are currently on Russia and Vladimir Putin right now, as the 2014 Winter Olympics in Sochi are currently in full swing.

As the Olympics rage on, it's interesting ...Full Story
Illustration of a young man sitting on a box General Business - Posted 2014-02-13 19:09:00
Gallup: 29% of US Adults Under The Age of 35 Still Live With Their Parents

According to a recently released poll from Gallup.com, 29% of all US adults under the age of 35 are still living with their parents.

Gallup broke down the stats further:

18-23 years old - 51% still live with t...Full Story


"Clean" Debt Ceiling Bill Likely To Be Passed
Netflix, Tesla Motors Continue To Roll
113,000 Jobs Added in January
CBO: Federal Deficit To Drop to $514 Billion in 2014
Facebook Turns 10
Super Bowl XLVIII By The Numbers
Facebook Surges After Reporting Q4 Earnings
"Divided", "Troubled", "Deteriorating" - Americans Describe The State of the Nation
HSBC Speaks Out on Cash Withdrawal Controversy
Hillary Clinton Currently 2/1 To Win 2016 US Presidential Election
Netflix: The Party's Not Over Quite Yet
Average of 23,052,388 US Households Participated in Food Stamp Program Each Month in 2013
Super Bowl Frenzy: 30-Second Commercials Reportedly Going For $4 Million
Hillary Clinton Surges In Hypothetical Presidential Battle Against Gov. Chris Christie
Nestor Inc. Soars After Traders Confuse It For Nest Labs
Gov. Chris Christie Under Siege in New Jersey
National Unemployment Rate Fell To 6.7% in December Despite Big Nonfarm Payroll Miss
US Consumer Spending Hits Five Year High
Janet Yellen Expected to Be Confirmed as Chairwoman of the Federal Reserve This Week
NFL (Barely) Sells Out This Weekend's Playoff Games
Chinese Holdings of US Debt Up 11.51% in Past Year
Time To Celebrate: Stocks Roared Higher in 2013
Warren Buffett's Big Year
Don't Mess With The Google
Santa Rally: Markets Higher on Mix of Good News
Surprise! GDP Grew 4.1% in Q3
Bitcoin Down Over 50% From Highs
Facebook To Join S+P 500 This Week
Hedge Funds Set to Underperform Stocks This Year - Again
Could 113th Congress Become Least Productive in Modern History?
Federal Reserve: US Household Net Worth Hit New All-Time High in Q3
Bitcoin Stumbles Following Chinese Crackdown
National Unemployment Rate Dropped to 7.0% in November
Elon Musk Tops List of Highest Paid CEOs in 2013
Amazon Prime Air: Delivery Within Thirty Minutes - By Drone?
CNN/ORC Poll: Chris Christie Early Frontrunner For 2016 Republican Presidential Nomination
"Alt-Coins" Surging Thanks To Bitcoin's Amazing Run
Nasdaq 4,000
Switzerland Votes Against Capping Executive Pay
President Obama's Approval Rating Continues To Tumble
Maria Bartiromo Leaving CNBC For Fox
Warren Buffett on Stocks: "They're in a Zone of Reasonableness"
Bitcoin Breaks $500
Berkshire Hathaway Acquires Large Stake in Exxon Mobil
Gallup: Congressional Approval Rating Hits All-Time Low of 9%
Labor Force Participation Rate Continues To Shrink
Planned Stock Offerings From Fantex Take Hit After Injuries This Past Weekend
Bitcoins Continue To Go Parabolic
October Unemployment Numbers: 204,000 Jobs Added, Unemployment Rate Ticks Up to 7.3%
Tesla Motors Drops 14.5% Following Q3 Earnings Release
All Eyes on Twitter
Can Healthcare.gov Be Fixed by End of November?
President Obama's Approval Rating Hits All-Time Low
No Taper Yet? Federal Reserve Expected To Continue Bond Buying For Foreseeable Future
Jeff Bezos, Bill Gates Added To Their Fortunes on Friday
Elon Musk, Reed Hastings Warn Investors About High Share Prices
Foreign Holdings of US Debt Drop For Fifth Consecutive Month
September Employment Numbers: 148,000 Jobs Added, Unemployment Rate Drops to 7.2%
Game Changer: Netflix To Pass HBO in Paid US Subscribers
US Debt Total Breaks $17 Trillion Mark for First Time

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Mark Cuban Not Sweating His Lack of Involvement in Box IPO

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Parsing Obama's 2014 State of the Union Address

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