courtesy of USPSThe U.S. Postal Service is dangerously close to running out of cash. In testimony on Thursday before the Senate Committee on Homeland Security and Governmental Affairs, Postmaster General Patrick Donahoe made the…
courtesy of Google Inc.A little piece of computer code known as a “cookie” has been the driver of what is now a $120 billion online advertising business. Google Inc. (NASDAQ: GOOG), which accounts for…
ThinkstockSometimes valuations are ridiculously cheap and sometimes they get incredibly high. Sirius XM Radio Inc. (NASDAQ: SIRI) has managed to keep chugging back to multiyear highs. Now that Pandora Media Inc. (NYSE: P) has…
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 46 billion cubic feet last week, compared with an expected build of 55 billion to 59 billion cubic…
ThinkstockCisco Systems Inc. (NASDAQ: CSCO) is involved in yet another internal restructuring of sorts, and the company has done what it can to manage its shares higher and higher. In fact, shares were up…
ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in August rose 1.7% to 5.48 million from an unrevised total of 5.39 million in July. Sales…
ThinkstockThis week we have seen dividend hikes from Dow Jones Industrial Average (DJIA) components Microsoft Corp. (NASDAQ: MSFT) and McDonald’s Corp. (NYSE: MCD). 24/7 Wall St. expects that there will be five, maybe six, more…
ThinkstockHousing stocks got a boost on Wednesday following the announcement from the Federal Open Market Committee (FOMC) that the Federal Reserve would continue its $85 billion monthly asset purchases. That total includes $40 billion in…
ThinkstockCan you imagine winning $400 million in a lottery drawing? This is empire-making money. A winning ticket in the Powerball was sold at a gas station in South Carolina. You probably only partially can imagine…
courtesy of Yahoo!Look back a short 10 to 15 years ago, and the Internet and media landscape we are so familiar with today barely existed. Carriers had not rolled out fiber-optic networks for huge…
ThinkstockThe U.S. Labor Department has long had criticism of its calculations, reporting and even its computer systems. That has been true under all administrations in our lifetimes, and may be true under all administrations…
ThinkstockConAgra Foods Inc. (NYSE: CAG) reported first-quarter fiscal 2014 results before markets opened this morning. The food processor and packager posted quarterly adjusted diluted earnings per share (EPS) of $0.37 on revenues of $4.2 billion.…
Jon OggStocks have been in serious rally mode, to the point that the market has hit new all-time highs again. Now investors are trying to decide which stocks to buy, which stocks to sell,…
ThinkstockThe activist investor has been around forever on Wall Street. For years the portfolio managers and equity strategist at the big mutual fund companies were the ones that really could drive change at a…
Courtesy Boeing Co.Deutsche Lufthansa announced Thursday morning that it had ordered 59 new aircraft to replace existing planes in its fleet. The big order was split between Boeing Co. (NYSE: BA), which will provide…