Browsing Category
News
Yahoo stocks climb back up
Yahoo stocks hit $30 for the first time since February 2008, when Microsoft made an unsolicited bid to acquire the company. Reaching this point seemed unachievable until Marissa Mayer took over as Chief Executive Office (CEO) in 2012.…
Twitter is going public – a planned IPO is underway
Twitter is going public. The news comes following a tweet that the company made saying that it has just submitted an S-1 to the SEC for a planned IPO (Initial Public Offering). They tweeted: "We've confidentially submitted an S-1 to the SEC…
U.S. economy returning to normalcy – UCLA Anderson Forecast
The U.S. economy is returning to normalcy, according to the latest UCLA Anderson Forecast's outlook. Despite the economy not being “normal relative to historical standards”, the group predicts growth of 2.5% for the rest of 2013 before…
Foreclosure starts fall 8% in August, USA
Overall foreclosure filings - default notices, scheduled auctions and bank repossessions - in the United States were reported on 128,560 properties in August, a drop of 2% compared to July and 34% compared to August 2012, according to…
Are women less corrupt than men? Depends on cultural expectations
Are women less corrupt than men? There is definitely a relationship between gender and corruption. However, it all depends on cultural expectations, according to political science researchers at Rice University. Their report, titled "Fairer…
August retail sales disappoint, USA
August retail sales rose by 0.2%, compared to a revised 0.4% in July, the US Commerce Department informed. August saw the smallest increase since April. The 0.2% increase in August retail sales was in comparison to the month before.…
70% of of global incremental energy demand will come from Asia
Over the next two decades more than 70% of global incremental energy demand will come from Asia. The news was announced at the Annual Meeting of the New Champions 2013, where more than 1,600 participants from 90 different countries took…
Consumer Reports Index shows financial difficulties rise in America
There has been a steep rise in financial difficulties, according to the Consumer Reports Index, as well as people reporting a weaker view of their overall financial health. The report publishes data regarding individuals' financial…
Chinese economy is on track for smooth and sustainable growth
China is at a very “crucial stage” of economic growth, according to the Chinese Premier Li Keqiang. Premier Li announced at the Annual Meeting of the New Champions 2012 that the Chinese economy is on track for smooth sustainable growth.…
Inequality grows in America
The difference in income between the 1% richest and the other 99% was higher than ever in 2012, researchers from the University of California, Berkeley, the Paris School of Economics and Oxford University have revealed in an updated study.…