Business & Finance

While the movie, Terminator 2, evoked the horrifying reality of a world run by self aware robots that were bent on exterminating humanity, according to recent data that was published in Scientific Reports, search engines and their complex algorithms are now capable of predicting stock market crashes, and with a …

The Federal Reserve released a report this week stating that U.S. economic expansion remained “moderate.” The Feds attribute most of the recent economic gains to the recovering housing market. “Most districts noted increases in manufacturing activity since the previous report,” the central bank said in its Beige Book business survey, …

While it may be cliché to say that the pot has just grown sweeter for Coca Cola, and their rising stocks, like bubbles in their beverage, they are rising up to the top of the glass; higher than they have been in four years in fact. The Atlanta based company …

Over this past week, President Barack Obama sent his 2014 budget package to Congress. The package entails a $3.8 trillion blueprint for spending that Obama Camp says is designed to create the “ultimate bargain.” The goal of the spending package is to reduce runaway spending deficits by raising taxes on …

Over the past nine months, employers have been regaining some steam. But that has hit a bit a standstill as new reports surface showing that hiring was its weakest in the past nine months (over this past month). According to the Labor Department, payroll only expanded 88,000 for the past …

Up until now, not many people had ever heard of Nick D’Aloisio, a 17-year-old school-aged teenager from the U.K. But now, he’s seemingly all over the news radar, and for ample good reason, too. Over the past week, Aloisio completed a deal that nobody ever saw coming. He sold his …

A stunning report that was issued by the Organization for Economic Cooperation and Development has stated that China is on course to overtake the U.S. economy a lot sooner than we had thought: by the year 2016. Last year, the economy in China grew by a whopping 7.8 percent. And …

With all of this talk of a recession, a flat lined economy and a bust real estate market, notwithstanding the pending sequester budget cuts and major U.S. cities like Detroit filing for bankruptcy protection, the U.S. economy is not nearly as hard hit as one might imagine. Paramount to this …

D.C., Virginia and Maryland are more frustrated by the sequester budget cuts than Detroit is, rest assured. That’s because these three states combined earn 10 percent of their economy from defense spending annually. This is according to a late February report by Mark Vitner and Michael Brown, both Wells Fargo …

Mark Luschini, chief investment strategist at Janney Montgomery Scott, had some wonderful news to deliver this Monday morning as investors eagerly watched the index and monitored their gains and losses, in lieu of a virtually record breaking day in the stock market. “The Dow is what gets all the news …

While naysayers would still claim we are in the throes of a lasting recession, one that’s been offset again by the recent federal budget cuts, and while some might argue that we are not out of the thick just yet, the facts paint a rather different, prettier picture. For example, …

The Roseland, New Jersey-based ADP Research Institute today unveiled its numbers for total job gains in the nation for last year, and they actually look pretty good. According to ADP, more than 198,000 were added in 2012 in the U.S. In conjunction with that report, a recent report that was …

Welcome to the American economic outlook, where if you can do the one-two shuffle, you are going to be one fabulous dancer. And today was just such a day for such astounding rebounds, which make one think that there have to be some NBA stars hitting hoops in the Dow …

Michigan Governor Rick Snyder today declared what was ultimately the inevitable: Detroit is in a state of fiscal emergency due to the sweeping federal budget cuts that took effect after congress and the White House failed to amend them before today’s deadline. It set the stage for what could potentially …

If you are expecting our healthy trend of the economic recovery to continue tit for tat on this spat of regeneration, hold on to your horses. While the recovery is speeding along at a very rapid pace – all things considered, the housing fallout was the worst since the Great …