ThinkstockThe Federal Reserve reported that American wealth has recovered to pre-recession levels. As a matter of fact, on an adjusted basis, it is the best it has been since the 1940s. It remains an…
ThinkstockThe shale oil boom has done remarkable things for North Dakota. It is a shame there are not huge deposits of it in every state in the Union, or that some state governments have…
courtesy of Facebook Inc.Facebook Inc. (NASDAQ: FB) said is would simplify its ad formats to make it easier for marketers to invest to reach portions of its one billion plus members. The change will…
ThinkstockEven as Germany exports surged in April and data from Eurostat and Markit show the country is the most robust in Europe, the Bundesbank reported that there are too many threats to the Germany…
courtesy of SamsungIf Samsung’s Galaxy S4 does not sell well, investor hope that it will be the only challenger to the Apple Inc. (NASDAQ: AAPL) iPhone will shrink quickly. Samsung, then, would be considered…
ThinkstockIf any economy in Europe will lead a recovery in the region, it is Germany. Not only does the nation have the largest gross domestic product in the region. It also has the most…
Ed Brown, via Wikimedia CommonsWhile the markets wait for the official unemployment rates to be issued for the federal government that will cover the month of May, overseas markets whipped back and forth. The…
thinkstockAlmost every large tech company with email, search and app capacity denied reports in The Washington Post and the Guardian that claimed the U.S. government tracked the activities of citizens as a way to…
ThinkstockIn another violation of the privacy of U.S. citizens, the NSA has asked Verizon Wireless to provide it with millions of records of the phone activity of its customers. How this will help combat…
ThinkstockWill rising mortgage rates be the factor that kills the increase in real estate prices and sales. Both have risen at an astonishing trajectory, to the point of concern about a new real estate…
ThinkstockProcter & Gamble Co. (NYSE: PG) has set a management system to identify its next chief executive officer. Former chief executive A. G. Lafley came back recently to replace embattled Robert McDonald. The company…
ThinkstockThe NSA Is Listening In another violation of the privacy of U.S. citizens, the NSA has asked Verizon Wireless to provide it with millions of records of the phone activity of its customers. How…
Microsoft Sweden, via Wikimedia CommonsThe FBI and Microsoft Corp. (NASDAQ: MSFT), working together, took down a network that has committed a series of cyber frauds that have cost banks $500 million. The “Citadel” network,…
ThinkstockThe official French statistics agency Insee reported that unemployment in France reached 10.8% in the first quarter. The news may be another nail in the coffin for the presidency of Francois Hollande. More important,…
courtesy of McDonald'sA menu of Big Macs and Quarter Pounders must not be enough to drive the growth that McDonald’s Corp. (NYSE: MCD) hoped for, or planned for, in the People’s Republic. The huge…
courtesy of AOL, IncMicrosoft Corp. (NASDAQ: MSFT) and the FBI investigate a cyber crime group. (Reuters) PepsiCo Inc. (NYSE: PEP) will buy SodaStream International Ltd. (NASDAQ: SODA) for $2.2 billion. (Reuters) Edmunds.com begins a…
Reuters Business @ReutersBiz12m ECB seen holding rates as it waits for signs of euro zone recovery http://reut.rs/1b7c84Q Forbes @Forbes29m The financial crisis is disease that Bank of America can’t seem to shake; AIG’s objections to $8.5B…
ThinkstockLet the trade wars begin between Europe and China — in this case over solar panel dumping. Bloomberg reports on the dispute: The European Union imposed tariffs as high as 67.9 percent on solar…
ThinkstockEurope got another piece of “less bad” news. The area’s Purchasing Manager’s Index decline was a little better than in previous months, but only a little. However, Spain’s level was the best in 23…
ThinkstockThe recession in Europe got “less bad” in the first quarter of this year, if that is any comfort to the millions of people who are out of work and tens of thousands of…