7 Things You Need to Know About Finance and the Economy Today
China had unusually high imports and exports in May, and the latest Fortune 500 list was released.
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Douglas A. McIntyre
Wal-Mart Counterfeit Problem
Wal-Mart has one of the largest online retail businesses in the world. That means counterfeit products have become a major challenge.
OECD Forecasts Quickening Global Growth
The OECD has offered its global outlook on the economy, both worldwide and in major regions. It expects solid growth in most areas and improvement worldwide this year and in 2018.
One-Third of People Lie in LinkedIn Profile — Research
According to student and personal loan marketplace LendEDU, a third of respondents to a recent survey said they lie about themselves in their LinkedIn profiles. Over 10% say their profiles are almost a complete…
Google Is World’s Most Valuable Brand at $246 Billion
Consultancy BrandZ came out with its annual list of the 100 most valuable brands. Google led the list at $246 billion.
Amazon Offers Prime Discount to Those on Government Assistance
Amazon.com has come up with a new program that offers discounts for its Prime service to people on a number of government assistance programs.
Qatar Terrorism Accusations Threaten Low Oil Prices
Qatar has been cut off on a diplomatic, and in some cases physical, basis by its Arab neighbors who believe the country is a harbor for terrorist activities. Oil prices spiked on the news.
Apple Gets Major Downgrade
Very few people think Apple can create a product that can challenge the iPhone in total revenue, which means it will be trapped by the iPhone's success.
As Alphabet Closes in on $1,000, Questions About Its Non-Google Businesses
Alphabet, parent of Google, YouTube and a small army of other business, sports a stock price of $996, and it is poised to hit the $1,000 a share mark, as Amazon.com has just done.
‘Wonder Woman’ Hits $100 Million, Record for Female Director
DC Comics delivered another win for parent Time Warner as "Wonder Woman" pulled in $100 million at the box office this weekend.
Chinese Admit Cars Are Major Source Of Air Pollution
The Chinese government has admitted what most experts on pollution and car emissions have known for years. One of the biggest sources of air pollution in China is cars. According to the People’s Daily…
Black Unemployment at 7.5%, Among Black Youth 27.3%
One group that has not enjoyed the drop of national unemployment to 4.3% is black Americans. According to the May unemployment report, the jobless rate among black Americans was 7.5%. The contrast between the…
Only Electric Cars to Be Sold in India by 2030, Maybe
India, the large cities of which are among the most polluted in the world, plans to sell only electric cars by 2030. It is among a small set of large things which might sharply…
Women Hold Almost Two-Thirds of College Debt
Women comprise more than half of those people who were enrolled in colleges and universities last year. However, their debt problems are much larger than the percentage of this population.
Detroit Plans to Board Up Every Abandoned Home Within 2 Years
Detroit’s mayor, Mike Duggan, plans to board up every abandoned home in the deteriorating city. That is about 25,000 homes. The number makes the task monumental. The city would have to shutter 1,000 homes…
Why Toyota Sold All Its Tesla Stock
Toyota has sold its entire block of Tesla shares as the Japanese manufacturer charts its own course in the EV world.
How to Tell If Your Mall May Close
A recent report has forecast that as many as a quarter of American malls will close in the next five years. How can you tell if your favorite mall will close?
United Launches Longest Flight From US at 8,700 Miles
United Airlines will start the longest flight between a U.S. location and any airport in the world. The service, which will cover 8,700 miles, will run between Los Angeles and Singapore.
Wal-Mart Warehouse Clearance, Another Threat to Competition
When Wal-Mart slashes prices for a national warehouse clearance sale, its competition has reason to be anxious.
Fiat’s Crippling Sales Decline Continues
Fiat had another disastrous sales month in May. The company sold less than 2,700 cars, down 16% from a year earlier.