It can be tough to sort all the slang and lingo that can make your head spin when it comes to investing. So here’s how we’ll break down the recent stock downturn in plain English. The stock market’s sharp downturn in recent weeks has pulled the three major U.S. stock indexes into what is known […]
As ECB weighs policy, figures show euro economy holding up
Policymakers at the European Central Bank are considering whether to boost their stimulus program for the eurozone, it’s being reports. And reports showed Thursday that the currency zone’s economy has held up better than many had expected over the summer months. Though fears over the global economy have increased in recent weeks, largely due to […]
US markets recover a day after big plunge
NEW YORK (AP) — U.S. and global stock markets were recovering in midday trading Wednesday after a sharp sell-off a day earlier. Investors remain on edge after the latest market plunge, which was triggered by more signs of slowing growth in China. KEEPING SCORE: The Dow Jones industrial average rose 104 points, or 0.7 percent, […]
Major hotel chain reaches deal with Uber. Get the details!
Hilton is hailing the ride sharing service Uber to help guests reach its hotels and then explore the city where they are staying. The companies said Tuesday that Hilton guests will be able to set up automatic notifications to request Uber rides to and from the chain’s hotels worldwide. Members of the company’s HHonors program […]
[URGENT] The Asian economic meltdown and you
Chinese manufacturing showed further signs of weakness in August, adding to evidence of an unavoidable slowdown in the world’s No. 2 economy despite Chinese government efforts to support growth. What that means for American jobs is surprisingly bad. Our two countries’ economies have grown to be symbiotic – That is, they rely on one another. […]
Yahoo chief Mayer says she’s pregnant with twins
SAN FRANCISCO (AP) — Yahoo CEO Marissa Mayer says she’s pregnant with identical twins. Mayer says on a posting on her blog that she and her husband are expecting the twin girls in December. “I have some exciting news to share – I’m pregnant!” she says on her Tumblr posting Monday night. She says that […]
US auto sales expected to drop in August
DETROIT (AP) — Fiat Chrysler’s U.S. sales rose 2 percent in August thanks to strong demand for Jeep SUVs. Jeep brand sales were up 18 percent, making up for double-digit declines for the Chrysler and Dodge brands. Fiat Chrysler sold 201,672 vehicles overall. Other automakers report sales later Tuesday. Industry sales were expected to drop […]
[WARNING] Is China covering up a catastrophic economic collapse?
Chinese authorities on Monday arrested citizens for spreading so-called ‘rumors’. A portion of the nearly 200 include people who circulated stories online about the severity of the country’s stock market woes, according to Chinese state controlled media on Monday. Could this mean the country’s economic collapse is more serious than China is admitting? The official […]
China in economic freefall, could crash U.S. markets!
Global markets were hit with a sudden blow today after the Chinese announced their economy is slowing faster than analysts had expected. Could this sudden Chinese economic downturn doom the U.S. economy? It’s too soon to tell, say many analysts. But a wise investor would keep an eye towards the East. At home, U.S. stocks […]
Obama’s Labor Secretary hysterical over anti-Union ruling
A key Obama cabinet member, Labor Secretary Thomas Perez, was hysterically defending unions today when went to the mainstream media. Despite a federal ruling that they’re impermissible, Perez remains defiantly supportive of college athlete unions and says the question of allowing the formation of these unions “remains open.” Perez told MSNBC there remains a key […]