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Tuesday, March 03, 2015
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General Business - Posted 2015-03-02 19:47:00
Forbes: Global Billionaire Count Up To 1,826

Dollar Sign - Green Colour - Paint Brush Effect - World Billionaires Forbes released their "2015 Forbes Billionaire List" earlier today.

According to Forbes, the world now has a total of 1,826 billionaires, which is up from last year. These people with ten figure (or more) net worths control total wealth of over $7 trillion.

290 new billionaires were added to the list in 2015 despite the drop in oil and continued uneasiness in Europe. Of these newly minted billio...Full Story

U.S. Employment Cogs / Gears - Illustration Concept - American Flag General Business - Posted 2015-02-27 19:51:00
District of Columbia Leads Nation With Unemployment Rate of 7.3% in December

The Bureau of Labor Statistics ("BLS") recently released the state unemployment data for the month of December.

During the height of the economic meltdown in the United States, Nevada,...Full Story

Warren Buffett - Photo: Asa Mathat - One on One with -  Year 2011 General Business - Posted 2015-02-26 01:23:00
Warren Buffett Continues To Work on His Magnum Opus

Warren Buffett, Chairman and CEO of Berkshire Hathaway, will be releasing his annual letter to shareholders this Saturday.

Buffett's annual letter is always something special as he pro...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 - Organization Of Petroleum Exporting Countries - Blue Colour General Business - Posted 2015-02-24 05:58:00
OPEC President: "Extraordinary Meeting" of OPEC May Be Approaching If Oil Falls Further

A schism continues to develop in the once closely knit group that is known as the Organization of Petroleum Exporting Countries (OPEC).

OPEC, which counts twelve states (Algeria, Angol...Full Story
Apple and Microsoft - Company Logos General Business - Posted 2015-02-21 06:15:00
Apple Computer and Microsoft Most Popular Institutional Investor Holdings in Q4/2014

45 days after the end of every quarter, institutional investment managers with at least $100 million in assets need to file something called a Form 13F. These forms list all of the qualifying securiti...Full Story
The United States Treasury Building - Sunny Day - Garden General Business - Posted 2015-02-20 06:28:00
December 2014 Foreign Debt Holder Report: Russia Dumps Over 20% Of Their US Debt Holdings

Foreign holdings of US debt was up approximately $40 billion in December of 2014, despite the fact that Russia, one of the largest holders of US debt, dumped over 20% of their holdings during the mont...Full Story

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Warren Buffett - Line Drawing - Oil Price - Illustration General Business - Posted 2015-02-17 18:50:00
Buffett Bails Out of Oil

Many people were wondering how Warren Buffett and Berkshire Hathaway would approach the staggering decline in the price of oil that has taken place over the past couple of months.

Woul...Full Story
The United States Presidential Elections - Capitol Hill - American Colours - Drawing / Illustration - Concept General Business - Posted 2015-02-17 04:13:00
Polls: Republican Presidential Candidate Log Jam Forming In Several Early Nominating States

According to a trio of new polls from NBC News/Marist, there is currently a log jam forming in three early nominating states - Iowa, New Hampshire and South Carolina - when it comes to the Republican ...Full Story
Marijuana Leaf - Symbol - Concept General Business - Posted 2015-02-14 21:03:00
Report: Legalized Marijuana Industry Generated $700 Million in Sales in Colorado Last Year

According to a report from the Washington Post, Colorado's legal marijuana industry generated an eye-popping $700 million in sales in 2014.

Based on tax projections that the state of C...Full Story

President Obama making a speach in front of american flags - Photo General Business - Posted 2015-02-12 18:56:00
Gallup: President Obama on Pace To Be Most Polarizing President of Modern Era

Here is something that probably won't surprise you - President Obama, according to Gallup.com, is currently on pace to be the most polarizing US President since at least 1953.

To measu...Full Story
Gas Cost - Illustration - Composite - Concept - Price at the Pump - Dollar Sign General Business - Posted 2015-02-09 18:54:00
Gasoline Prices Back On The Rise

The days of plummeting gasoline prices are over in the United States, at least for the time being.

Thanks to a rebound in the price of oil over the past couple of weeks, gasoline price...Full Story
Economy Cogs - Gears - Illustration General Business - Posted 2015-02-07 00:48:00
January Employment Report: 257,000 New Jobs Added, Unemployment Rate Rises to 5.7%

The good news? The US economy added 257,000 new non-farm payroll jobs in January.

The bad news? This strong jobs report will heighten the possibility of a mid-year rate hike. This reve...Full Story
Green Dollar Money Bags - Illustration General Business - Posted 2015-02-04 16:10:00
Billionaire Bonanza: Report Claims That There Are 2,089 Billionaires In The World

According to a recent release from the Hurun Report, the total number of global billionaires rose by 222 in 2014, bringing the total of people with 10 figure net worths to 2,089.

Accor...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.

Mark Cuban, January 22nd, 2015 - Dallas Mavericks valued at $1.15 billion by Forbes

Tim Cook, January 22nd, 2015 - Disposed of 875,000 shares of Apple (456,575 were withheld by Apple to satisfy tax withholding requirements)

Bud Selig, January 22nd, 2015 - Given title of Commissioner Emeritus

Elon Musk, 2015-01-20 - SpaceX sold a 10% stake in their company to Google and Fidelity Investments for $1 billion.

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

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Superbowl XLIX - Year 2015 - Television (TV) ratings - Illustration / Concept General Business - Posted 2015-02-01 19:03:00
Ratings Bonanza Expected For Super Bowl XLIX

Super Bowl XLIX, which will be contested between the New England Patriots and Seattle Seahawks, may end up posting the highest rating for a television broadcast of all time.

The curren...Full Story
Mitt Romney speech - Circa 2012 - Clear Blue Sky General Business - Posted 2015-01-31 03:06:00
Mitt Romney Decides Against Third Presidential Bid in 2016

Mitt Romney, who ran for President of the United States twice (2008, 2012), has reportedly decided against a third bid for the White House.

Romney surprised many earlier in the month w...Full Story
United States Budget and Economic Outlook - 2015 - 2025 - Graphic General Business - Posted 2015-01-27 02:47:00
CBO: US Deficit Expected To Be $468 Billion in 2015

The CBO ("Congressional Budget Office") released a report titled "The Budget and Economic Outlook: 2015 to 2025" earlier today.

According to the CBO, the United States is expected to p...Full Story
One Euro Coin - Illustration General Business - Posted 2015-01-24 18:07:00
Analysts Chop Expectations For Euro; Some See Parity With US Dollar in Near Future

With the Euro hitting 11 year lows against the US dollar this past week, many analysts and investors are falling over themselves to lower their targets for the single currency.

Earlier...Full Story

The European Central Bank - Euro sign in front of the building - Photo - Sunny day General Business - Posted 2015-01-22 20:42:00
European Central Bank Unveils Details of Quantitative Easing Program

The European Central Bank (ECB) revealed earlier today the details of their 60 billion EUR/month quantitative easing (QE) program.

The program, which "is designed to fulfil the price s...Full Story
United States Elections - 2016 - Concept Poster General Business - Posted 2015-01-20 04:52:00
Report: Support for Mitt Romney, Jeb Bush Drops

According to a recently released NBC News/Wall Street Journal poll, support for both Jeb Bush and Mitt Romney has dropped since the two men revealed their Presidential ambitions earlier this month. Full Story
Swiss Franc - 100 Bill - Stock Photo General Business - Posted 2015-01-16 18:10:00
Explosive Move in Swiss Franc Causes Havoc and Steep Losses

The story of the week was the Swiss National Bank's decision to halt its program of limiting the Swiss franc's rise compared to other currencies, especially the Euro.

Maintaining this ...Full Story
Car being filled with gas at station - Gas prices General Business - Posted 2015-01-13 20:27:00
US Energy Information Administration: US Households To Save $750 on Gasoline This Year

According to the EIA (US Energy Information Administration), US households are projected to save $750 on their gasoline bills in 2015.

Oil prices have been plummeting since November of...Full Story
United States Capitol - Congress Building - Sunny Cloudless Day General Business - Posted 2015-01-13 04:29:00
Report: Congress Finished 2013 With A Median Net Worth of $1.03 Million

Let me tell you something that you already know - most members of the US Congress are rich.

According to a new report that was released earlier today (link below), the median net worth...Full Story
Job Report - Illustration General Business - Posted 2015-01-09 18:26:00
December Employment Report: 252,000 Jobs Added, Unemployment Rate Falls to 5.6%

Heading into today's December jobs report, expectations were for 240,000 new jobs to be added and for the unemployment rate in the nation to drop to 5.7%. The major brokerage houses' expectations for ...Full Story
Wallet Illustration - Credit Cards and No Cash General Business - Posted 2015-01-07 21:31:00
WSJ: Only 38% of Americans Would Have Enough Savings To Pay For Unexpected Bill

According to a WSJ article that was released earlier today titled "Most Americans Don't Have Savings To Pay Unexpected Bill", just 38% of Americans would have enough money in savings to cover an unexp...Full Story
Hillary Clinton 2016 - Presidential Race Logo General Business - Posted 2015-01-04 20:48:00
Hillary Clinton Out in Front of Practically Every 2016 Presidential Election Poll

The Republicans have the House and the Senate but can they also win back the White House in 2016?

While Hillary Clinton has not formally announced her intention to run in 2016 as of yet...Full Story

Debt Bomb - Illustration General Business - Posted 2015-01-02 18:45:00
US Debt Load Increased By $790 Billion in 2014

The US economy finally seemed to turn a corner in the second half of 2014 and the major market indexes turned in another positive year.

That's the good news.

The bad ne...Full Story
Champagne cheer - Two glasses - Vector Drawing General Business - Posted 2015-01-01 18:58:00
Pop The Champagne: Stocks Up Again in 2014

Despite some weakness at the end of the year, the three major US market indexes all ended 2014 in the green.

Here is how things ended up turning out for the DJIA, NASDAQ and S+P 500 in...Full Story
President Barack Obama - Speach - Large Green Tree in the Background General Business - Posted 2014-12-30 17:37:00
President Obama's Approval Rating At Highest Level Since Summer of 2013

It will likely be a bit more of an upbeat New Year's Eve in the White House this year after Gallup revealed that President Obama's approval rating has hit its highest level since August of 2013.
Full Story
Mastercard Advisors - Logo General Business - Posted 2014-12-27 18:06:00
Everything is Good: Mastercard Reports That US Holiday Retail Spending Was Up 5.5%

With the major US market indexes at all-time highs and the US economy having just turned in the strongest quarter of annualized growth in over a decade, many Americans are feeling that their fortunes ...Full Story
Dow Jones Industrial - New Logo - Year 2014 General Business - Posted 2014-12-23 18:07:00
DJIA Closes Above 18,000 For The First Time

The Dow Jones Industrial Average (DJIA) delivered an early Christmas present to investors earlier today after the index closed above 18,000 for the very first time.

The index, which cl...Full Story
Gas Price - 30% Off - Illustration - Concept General Business - Posted 2014-12-21 16:51:00
Gasoline Prices Down More Than $1.25/Gallon Since May

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. <...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 series of events that has practically br...Full Story


United Arab Emirates: OPEC Output Likely To Remain Unchanged Even If Oil Continues To Drop
The Great Oil Crash of 2014 Continues
November Employment Report: 321k Jobs Added, Unemployment Rate Remains Stable at 5.8%
$2.7 Trillion Owed To Social Security - And Counting
United States Debt Clock Passes $18 Trillion For The First Time
Report: Black Friday Weekend Spending Down 11%
Oil Prices Continue To Plunge As OPEC Squares Off Against Shale-Oil Producers
Chinese Holdings of US Debt Down 2% From Year Ago
Average NHL Franchise Value Up $300 Million+ Over Past Decade
Google: Pay Us And You Won't See As Many Advertisements
President Obama Reveals Sweeping Overhaul of Immigration System
A Look at Bill Ackman's Portfolio As Of September 30th, 2014
Gallup: Democratic Party's Favorability Rating Falls To All-Time Low
Microsoft Replaces Exxon Mobil As World's Second Most Valuable Company
State Unemployment: Georgia Leads Way With Unemployment Rate of 7.9%
NFL: Business Continues To Grow Despite Scandals
Report: 30 Second Super Bowl Ads To Cost $4.5 Million
America Heads To The Polls on Tuesday
Washington Post "Election Lab": Republicans Have 95% Chance of Winning a Senate Majority
Hiccup? Facebook Falls 8% After Releasing Q3 Earnings Report
Gallup: Ebola Now a Top 10 Issue For Americans
CBO: Net Interest Payments on Federal Debt Expected To Hit $800 Billion By 2024
US Debt Load Approaching $18 Trillion
Netflix Set To Lose Billions in Market Cap Following Q3 Earnings Report Release
Iowa Poll: Romney Only Republican Who Would Beat Hillary Clinton
Dow Jones Turns Negative For 2014 After Volatile Week
NBA, Players Looking At Likely CBA Standoff Thanks To New TV Deal, Team Valuations
GT Advanced Technologies: $1.5 Billion Company on Friday, Bankrupt Today
Marissa Mayer Under Fire at Yahoo!
Unemployment Rate Declines To 5.9% in September
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%

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Institutional Funds Flock To Alibaba

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