A lot of people are debating as to whether or not the secretive nature of the NSA (National Security Administration) is necessary. To be clear, and to clarify, federal agencies that manage classified documents and files and that deal with sensitive, volatile information need to have some sort of secrecy …
Read More »Smoky Business: IEA Reports 2012 Emissions at All-Time Highs
There is good news and there is bad news in today’s report. Let’s start with the good news first, as the bad news tragically trumps it in a deleterious way. So on to the uplifting news foremost. According to the International Energy Agency, in 2012, the U.S. posted its lowest …
Read More »Pres. Obama to U.S. Public: NSA Snooping Was the “Right Balance”
If you have used a Verizon serviced cellular phone from 2010 to the present day, guess what? The National Security Agency has all of your records. A previously classified program that was authorized by the top secret court, the Foreign Intelligence Surveillance Court (FISC), which authorized the NSA to collect …
Read More »Fed to US: Recovery “Moderate,” “Measured” and “Modest”
According to a recent report that was issued by the U.S. Federal Reserve, economic recovery is considered to be on pace. The agency was certain to note that while recovery is coming along, that it’s at a snail’s pace, coining the current pattern as “moderate,” “modest” and “measured.” This comes …
Read More »Sudden Drop in Manufacturing Halts Record Gains on U.S. Stocks
The Standard & Poor’s 500 Index reflected dismal numbers for May, helping, in part, to instigate an index wide drop in stocks early this month as the stock market – and weary investors – reacted to the halt in domestic manufacturing operations. The S & P was at its lowest …
Read More »Reduced April Consumer Spending Telling of Snail-Paced U.S. Economic Recovery
While it’s no mystery that the U.S. financial market has been on the rebound since virtually collapsing in its entirety in 2006, it’s also not been an easy road to trot down. The slow and agonizing pace of the economic recovery has been has been hindered and hampered at nearly …
Read More »Mothers Earning More Family Income, According to Recent Study
Hold on to your hats boys, because the newest relegation in motherhood is that of being a primary household income earner. According to a new study that was conducted by the Pew Research Center, mothers are the primary income earners in four out of 10 U.S. households that have minor …
Read More »U.S. Confidence Increasing Thanks to Rising Home and Stock Prices
The economy in the United States is seemingly getting back on par, tit for tat. As the prices of stocks and homes soars to record levels not seen since after the recession and toxic mortgage debt fallout, people are bracing up for a healthy fiscal year. According to recent reports, …
Read More »Joblessness Rate Continues to Drop as U.S. Economy Recovers
According to the U.S. Department of Labor, the rate of joblessness is on the decline. At the end of last week, Americans filing for unemployment were continuing on a downward trend that’s been apparent since the start of the fiscal year of 2013. Claims dropped by 23,000, down to just …
Read More »U.S. Home Sales at Highest Levels Since 2009
The National Association of Realtors released a report this week that further emphasizes the slow and arduous climb out of the recession for the U.S. economy, specifically as it relates to real estate sales as the market breaches the toxicity that it was once plagued with. Home sales in the …
Read More »Yahoo Procures Massive Tech Buy with Acquisition of Tumblr for $1.1 Billion
When Tumblr CEO David Karp dropped out of high school at the tender age of 15 to pursue his lifetime fascination of creating and designing the most lucrative backend blogger platform (Tumblr), he probably didn’t think that just nine short years later he would be the newest tech millionaire. After …
Read More »Obama to U.S. Public: “I didn’t know about IRS practices”
It seems that things couldn’t be grimmer for the Obama administration as it tries to pursue a legacy during the President’s second and final term in office. First the Libya embassy bombings plagued him, then gun control followed by unemployment, and most recently the sniping of private AP records – …
Read More »U.S. Bonds Fall on Heels of Stimulus
Treasury 10-year yields are continuing to climb, spurred by a few tangibles, namely the safeness of government debt. As banks renew efforts to help further incubate economic growth, in fervent attempts to awaken it from the recession hibernation it’s been wallowing in, such relative treasure yields have posted a seventh …
Read More »Wall Street Notches Fifth Consecutive Day of Gains
JPMorgan Chase & Co (JPM.N), Whole Foods Market Inc (WFM.O), and several others notched impressive gains at the close of the market yesterday, underscoring the fifth straight day of gains for Wall Street. Technology stocks also fared well, with Apple (AAPL.O) gaining nearly a full point by close of day. …
Read More »OPINION: San Francisco to Monster Energy Beverages: We’re Suing You for Marketing to Minors
In the most recent news regarding the caffeine wars, Monster Beverage Corp. (MNST) was taken to court today by the city of San Francisco over allegedly catering their marketing efforts towards minors. But wait a tick… last time the law books were checked, there is no law against marketing coffee …
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