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 […]
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 […]
[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, […]
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 […]
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 […]
[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 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 […]
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 […]
California wasting a fortune trying to create “green” jobs
Another big government fiasco on the Left Coast. This time, it’s the California ‘green jobs’ initiative that has cost tax payers nearly $300 million since 2012. California passed the Clean Energy Jobs Act in 2012, and the Legislature promised it would generate more than 11,000 eco-friendly jobs at schools and […]
Social Security turns 80 today – Will it survive much longer?
Social Security turns 80 on Friday, and the massive retirement and disability program is showing its age. The money is running out… and quickly. Next year, a major push by Dems could take another year off the life of what is now a fully funded program for retirees. According to […]