Facebook Boosts Global Economy by $227 Billion
Facebook claims that in 2014 it had a positive global impact of $227 billion and triggered job growth of 4.5 million.
All Work
Douglas A. McIntyre
IMF Cuts Global Growth Outlook
As the world's rich and powerful gather at Davos, the International Monetary Fund had a message for them and other world leaders.
Moving Into Safe-Yield Stocks During Dangerous Markets
As the major indexes swing wildly up and down, a few stocks are not only safe havens, but also have high sustainable dividends and chances to rise in better markets.
Top 1% to Have Half the World’s Wealth Next Year
The very rich, known as the 1%, will get richer soon, to the tune of owning more than 50% of the world's wealth by 2016.
Tesla’s Shares Down 13% in 2015
Tesla Motors shares have dropped 13% in 2015. Falling oil prices and new alternative energy car competition may have hurt the company.
The Only State With $3 Gas
The price for a gallon of gasoline in Hawaii is much more than the national average. The island state has nearly every major disadvantage when it comes to forces that drive gas prices lower.
Moody’s Cuts Russia Toward Junk
One more downgrade, and Russia's government bond rating will be junk. The trend is moving rapidly in that direction.
Over 60% of Public School Students in South Are Poor
Across the nation, 51% of of public school children were low income students. In some parts of the South, that number exceeds 60%.
Will J.C. Penney Close 200 Stores?
J.C. Penney will close 40 stores this year, and dump as many as 2,250 employees in the process. But is that enough?
GM Continues to Lose Market Share in Europe
The news about auto sales in Europe was good for December, but the General Motors division there continued to lose ground as the attempt at a turnaround has failed.
Dish Network Settles Distribution Deal With Fox
According to most estimates, a battle between Dish Network and Fox News has cost Fox tens of thousands of viewers and Dish about the same number of subscribers.
Schlumberger to Lay Off 9,000, as Crude Prices Fall
The drop in the price of oil will cost 9,000 workers at Schlumberger their jobs.
IEA: Non-OPEC Growth to Fall
ShutterstockThe drop in oil prices, coupled with the decision by OPEC to keep production at current levels, will pressure the production of non-OPEC countries down. Faltering demand is the other cause for the situation,…
5 Ways to Play the Oil Price Plunge
The collapse of the oil price has created losers and winners, and the trick for investors is figuring out which side of the trade to be on.
Moviegoers Want Low Ticket Prices
Moviegoers want lower ticket prices. This obvious conclusion is part of a new study by consulting firm PricewaterhouseCoopers.
RadioShack Stock Moves Toward Zero
When RadioShack's shares will drop to zero due to the impending bankruptcy, a lot of investors will be burned.
World Bank Slashes Global Growth Forecast
The World Bank claims it sees the future and does not like it, at least economically. The economic growth of the developing world has lost its momentum.
The City Where Gas Is Above $3
In Honolulu, the average price for a gallon of regular gasoline is $3.26, though that is lower than the rest of Hawaii, where the average is $3.41.
Spotify Hits 15 Million Subscribers
Spotify has reached the 15 million subscriber level, and along with that what the company calls 60 million active users.
Can Ford Sell 750,000 F-Series Pickups?
The new Ford F-150 won Truck of the Year honors at the Detroit Auto Show, one of the top honors of the year, along with awards from the major car magazines.