Archive

Year: 2014

All Year: 2014 Articles

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Number of U.S. Millionaires Reaches 9.6 Million

ThinkstockWhile lots of polls show that many middle-class and lower-class Americans believe the recession has not ended financially, the number of millionaires in the U.S. climbed close to record levels in 2013, reaching a…

Douglas A. McIntyre · 13 years ago

The Five Stocks That Tanked the Dow on Thursday

thinkstockMarch 13, 2014: Markets opened lower on Thursday after China reported industrial production, fixed asset investment, and retail sales well below expectations. U.S. retail sales came in a bit better than expected and new…

Paul Ausick · 13 years ago

Can Walmart Create 1 Million New U.S. Jobs in 10 Years?

courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) rarely makes the news for anything positive on its labor relations. The company employs over 2 million people, and it has become routine that Walmart…

Jon C. Ogg · 13 years ago

U.S. to Be Energy Self-Sufficient by 2035: BP

courtesy of BP plcEnergy production in the U.S. will increase by 24% by 2035 while U.S. energy consumption will rise by just 3% in the same period. U.S. energy production as a percentage of…

Paul Ausick · 13 years ago

Workers Hit McDonald’s With Wage Theft Suits

Workers in California, Michigan and New York have filed class-action lawsuits against McDonald's and several franchise owners alleging wage theft, ranging from failure to pay overtime to depriving workers of meal and rest breaks.

Paul Ausick · 13 years ago

The Five Worst DJIA Stocks So Far in 2014

The Dow Jones Industrial Average rose 26.5% in 2013, but now we see several key stocks in the DJIA posting serious losses year to date. 24/7 Wall St. wanted to identify the five worst…

Jon C. Ogg · 13 years ago

Why Boeing Stock Is Down but May Not Be a Bargain

Shares of Boeing have fallen 4% in the past four days. The eventful days include the discovery of cracks in the wings of some 787 Dreamliners and the mystifying disappearance of a Malaysian Airlines…

Paul Ausick · 13 years ago

Gasoline Average Price Tops $3.50 Nationwide

ThinkstockThe national average for a gallon of regular gasoline rose past $3.50 a gallon on Thursday for the first time since last September. Thursday is also the 33rd of the past 34 days to…

Paul Ausick · 13 years ago

Is Microsoft Giving Away Windows Phone 8?

The Times of India reported Thursday that Microsoft has offered Windows Phone 8 to two Indian phone makers at no charge. Two companies were identified by Microsoft at last week's Mobile World Congress as…

Paul Ausick · 13 years ago

Goodbye to the Federal Online Sales Tax — for Now

ThinkstockThe outlook for a long-sought federal fix of state sales taxation of online retailers looks dim after comments Wednesday by Robert Goodlatte, chairman of the U.S. House of Representatives Judiciary Committee, suggested the House…

Trey Thoelcke · 13 years ago

Natural Gas Supply, Price Both Fall

thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 195 billion cubic feet for the week ending March 7. That compared with an expected drop of 193…

Paul Ausick · 13 years ago

Does Putin Care About Russia’s Stock Market at All?

ThinkstockVladimir Putin’s decision to try to seize Crimea from Ukraine may make nationalists happy, but investors — Russian or otherwise — are getting clobbered. Russian stocks have been in a tailspin since mid-February with…

cgblaine22 · 13 years ago

LifeLock Goes on the Mend

LifeLockLifeLock Inc. (NYSE: LOCK) should be the right company, at the right place and in the right time. The fears of identity theft and damage to credit from fraudulent activities seem higher than ever.…

Jon C. Ogg · 13 years ago