The U.S. dollar is seemingly back in the hot seat after months of fluctuation. It surged against the Yen this week, as the U.S. government reported more jobs added than was previously predicted, which in turn skyrocketed the stock market and increased the value of the dollar. Nonfarm U.S. payrolls …
Read More »Private Sector Job Growth Less Than Expected in April, According to ADP
While America is on the slow track to recovery, it’s important to be mindful that recovery is, by its mere continence, a long, arduous process. During the month of April, private sector job growth was slowed down to only 119,000, says ADP (Automatic Data Processing, Inc.). Private employers only grew …
Read More »Skyrocketing Towards the Future: Virgin Galactic’s SpaceShipTwo Makes Historic, Rocket-Powered Flight
History was made this week by Virgin Galactic as the SpaceShipTwo was released at a high altitude by a plane, skyrocketing upwards towards space in mere seconds following its release. Virgin Galactic is a private space tourism company that is working on the prototype for a space tourist vehicle, currently …
Read More »Forecasters Say US Economy Still Needs Recovery Time
Forecasters had anticipated that the US economy would grow at a projected 3 percent rate, but have since rescinded that notion. Today the Bureau of Economic Analysis released its advanced projections, much to the dismay of investors abroad. US economic output only increased at 2.5 percent, half a point shy …
Read More »Can Google Predict Stock Market Events?
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 …
Read More »Healthier Heartbeat of Real Estate Has Investors Drumming to a Happy Beat
The U.S. housing market has been affably making its ascent up the rungs of the ladder to recover, and rather swiftly in recent months. New reports show a net gain of 12 percent in existing homes, as compared to the same month last year. In a rather odd change of …
Read More »Does a Free Healthcare System Actually Work?
The NHS (National Health Service) in the UK has often been lauded as a shining beacon of healthcare to the world. However, the practices and attitudes in the NHS are a stark warning for citizens of countries who are being asked to part with their hard earned money to fund …
Read More »Feds: Recent Economic Growth Mostly Attributed to Recovering Housing Market
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, …
Read More »Drink It Up: Coca Cola Stocks Rise on Bubbles of National Manufacturing System
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 …
Read More »Obama to Congress on ‘14 Budget: Cut Social Security Benefits, Tax the Wealthy
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 …
Read More »Doomsday Clock is Ticking: North Korea Preparing for Missile Test
According to numerous government entities, the propensity for a missile launch by North Korea is considered to be “considerably high.” Over the past few weeks of intensity, the reclusive and belligerent nation has redacted the 1950s Truce Armistice, has closed its cross border production plants, has severed all forms of …
Read More »Economic Outlook Marred by Meager Job Gains
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 …
Read More »Could the Next-Gen iPhones Have Been Previously Designed by Steve Jobs?
Everyone knows that there is the iPhone 5, and the forthcoming iPhone 5s, as per Apple’s two model production line standards for this popular smartphone series. However, what is little known is that Steve Jobs actually designed the iPhone 4 and 5 models, and their features and functionalities, long before …
Read More »U.N. Arms Trade Treaty Angers Some U.S. Senators
The U.N. Arms Trade Treaty was passed this week by a landslide vote of 154 to 3 with 23 abstentions. Republican senators were the first to dole out their discontent with this tenacious and aggressive new treaty, with some crying that it was a “non-starter.” Many senators have now pooled …
Read More »Newest Rounds of Talks Aim to Prevent Iran from Becoming a Nuclear Armed Regime
Over the past few years, nothing has seemed to get in the way of Iran pursuing nuclear technology. While the country fervently asserts its right to nuclear power, and clearly states that its position in pursuing atomic technology is not to build a bomb but to provide power to its …
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