Wednesday, March 12, 2014

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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 an increase of the minimum wage by 3%, which is slightly above the current rate of inflation (1.9%). This would be the first time since 2008 that the minimum wage has been increased more than the current rate of inflation. ...Full Story 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 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 of World Wrestling Enter... 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 December 15th, 2013 9:34 pm EST NHL Franchise Values Continue To Soar The average value of a NHL franchise has absolutely soared over the past decade or so. Prior to ... 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 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 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 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 In The News In The News Debt Ceiling U.S. Debt Clock Will Obama Win? Super Pac Definition Deficit History Find us on Google+ 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 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 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 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 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 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 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: ...Full Story Net Worth Daily Net Worth Changes Updated Weekdays at 7 pm EST Five Biggest Winners Warren Buffett +$245,350,000 Bill Gates +$84,197,394 Steve Ballmer +$66,650,598 Larry Ellison +$45,757,383 Paul Allen +$20,000,000 Five Biggest Losers Mark Zuckerberg $-971,951,571 Sergey Brin $-284,868,000 Elon Musk $-194,195,098 Jeff Bezos $-149,052,442 Micky Arison $-46,814,304 Net Worths Page General Business - Posted 2014-02-12 01:21:00 "Clean" Debt Ceiling Bill Likely To Be Passed Earlier today, a "clean" debt ceiling bill passed in the House of Representatives by a vote of 221-201. The majority of House Republicans voted against the bill, but the House Democrats were able to p...Full Story General Business - Posted 2014-02-10 18:16:00 Netflix, Tesla Motors Continue To Roll Netflix and Tesla Motors were two of the stock market's biggest winners last year - shares of Netflix started the year at $95.21 and finished at $368.17, while shares of Tesla Motors started 2013 at $...Full Story General Business - Posted 2014-02-07 21:35:00 113,000 Jobs Added in January According to the BLS (Bureau of Labor Statistics), a total of 113,000 nonfarm payroll jobs were added in January. In addition, the national unemployment rate ticked lower to 6.6% in January, down from...Full Story General Business - Posted 2014-02-06 02:57:00 CBO: Federal Deficit To Drop to $514 Billion in 2014 According to the CBO (Congressional Budget Office), the United States is on track to post a $514 billion deficit in the 2014 fiscal year. If the projections turn out to be accurate, th...Full Story General Business - Posted 2014-02-04 23:55:00 Facebook Turns 10 On February 4th, 2004, Facebook was founded in a Harvard dorm room by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. The beginnings of Facebook w...Full Story General Business - Posted 2014-02-03 01:24:00 Super Bowl XLVIII By The Numbers Earlier today, the Seattle Seahawks destroyed the Denver Broncos 43-8 to win Super Bowl XLVIII. There were many story lines running throughout this game, but seeing as this is a blog t...Full Story General Business - Posted 2014-01-30 04:50:00 Facebook Surges After Reporting Q4 Earnings With shares of the company up over 70% in the past year, expectations were sky-high heading into Facebook's Q4 earnings report. Facebook shareholders' nerves were quickly settled, howe...Full Story General Business - Posted 2014-01-28 20:48:00 "Divided", "Troubled", "Deteriorating" - Americans Describe The State of the Nation If you could describe the state of the nation in just one or two words, what would you say? The Wall Street Journal and NBC conducted a poll last week that asked this exact question, an...Full Story General Business - Posted 2014-01-27 04:49:00 HSBC Speaks Out on Cash Withdrawal Controversy HSBC came under fire last week when it was revealed that they had prevented some of their customers in England from withdrawing large amounts of cash. The reason that HSBC refused the ...Full Story General Business - Posted 2014-01-24 18:20:00 Hillary Clinton Currently 2/1 To Win 2016 US Presidential Election I was originally going to write an article about how poorly the markets did this past week, but I thought that might be a bit too gloomy for a Friday afternoon. Instead, I thought that...Full Story General Business - Posted 2014-01-24 02:45:00 Netflix: The Party's Not Over Quite Yet Netflix, which was one of the darlings of the stock market in 2013, continues to crush short sellers and reward shareholders. Earlier today, Netflix reported their fourth quarter earni...Full Story General Business - Posted 2014-01-22 02:42:00 Average of 23,052,388 US Households Participated in Food Stamp Program Each Month in 2013 Earlier this month, the Food and Nutrition Service (FNS) of the United States Department of Agriculture (USDA) published the monthly usage numbers in 2013 for the Supplemental Nutritional Assistance P...Full Story General Business - Posted 2014-01-21 00:22:00 Super Bowl Frenzy: 30-Second Commercials Reportedly Going For $4 Million According to reports, a 30-second commercial during this year's Super Bowl is expected to cost $4 million. The cost of a Super Bowl commercial has ramped up dramatically over the past ...Full Story General Business - Posted 2014-01-17 23:05:00 Hillary Clinton Surges In Hypothetical Presidential Battle Against Gov. Chris Christie According to a NBC News/Marist Poll that was released earlier this week, former Secretary of State Hillary Clinton now maintains a wide lead over New Jersey Governor Chris Christie in a hypothetical 2...Full Story General Business - Posted 2014-01-16 02:41:00 Nestor Inc. Soars After Traders Confuse It For Nest Labs It happened again. Back in October of 2013, traders pushed the shares of bankrupt Tweeter Home Entertainment Group, Inc. up as much as 1,800% after mistaking it for Twitter, Inc. Full Story General Business - Posted 2014-01-13 18:26:00 Gov. Chris Christie Under Siege in New Jersey Back in November of 2013, CNN/ORC asked Republican and Republican leaning Independents who they currently favored for the 2016 Republican Presidential nomination. The clear choice? New...Full Story General Business - Posted 2014-01-10 09:21:00 National Unemployment Rate Fell To 6.7% in December Despite Big Nonfarm Payroll Miss Many people will see that the national unemployment rate dropped 0.3% to 6.7% in December and think that the country posted a strong jobs report. In fact, nonfarm payroll employment mi...Full Story General Business - Posted 2014-01-08 21:42:00 US Consumer Spending Hits Five Year High According to a recently released article on Gallup.com (link below), Americans spent $96 per day on average in the month of December on discretionary spending. According to Gallup, this is the highest...Full Story General Business - Posted 2014-01-06 13:43:00 Janet Yellen Expected to Be Confirmed as Chairwoman of the Federal Reserve This Week Depending on the weather, Janet Yellen should be officially confirmed by the Senate as the first chairwoman of the Federal Reserve on either Monday or Tuesday of this week. Janet Yelle...Full Story General Business - Posted 2014-01-04 15:12:00 NFL (Barely) Sells Out This Weekend's Playoff Games Let me tell you something that you already know - the NFL (National Football League) is one of the strongest professional sports leagues in the world. The fortunes of the NFL have soared over the past couple of decades mainl...Full Story RECENT ARTICLES 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 Gift Contributions To Reduce the US Debt Down Dramatically in 2013 Crisis Averted? Senate, House Set To Vote on Reid/McConnell Deal Fitch Places United States on Rating Watch Negative Senate Leaders Reportedly Close To Deal 92 Debt Ceiling Increases Since 1940 and Counting Markets Surge on GOP Short-Term Debt Ceiling Increase Plan Poll: Americans Like IRS, Cockroaches and Witches More Than Congress Government Shutdown Stumbles Into Its Second Week Oops! Traders Run Up Shares of Bankrupt TWTRQ, Thinking That It's Twitter, Inc. Treasury Department: US Default Could Be "Catastrophic" How Did The Markets Perform During The Last Federal Government Shutdown? Countdown to Shutdown The JC Penney Madness Continues Treasury Secretary Lew: Government Will Run Out of Cash By October 17th Without Debt Ceiling Increase Twitter Likely To Choose NYSE For Upcoming IPO Here Comes The Hedge Fund Advertisements Blackberry Dishes Blast of Bad News To Its Shareholders Late Friday Afternoon United States Census Bureau: Median Household Income Dropped For Fifth Straight Year in 2012 AAA: 1,000 Days of $3+/Gallon Gas And Counting Larry Summers Withdraws Himself From Fed Chairman Consideration

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