The Japan, the EU, and the U.S. will join forces to ask the World Trade Organization to intercede over China’s exports policies on rare earth metals. These metals are scarce and are used in a number of electronics products. China has…
The recession and its aftermath have not damaged the luxury car market. Mercedes and Audi have said they expect good 2012 sales. BMW reports it expects a record year, because of the strength of its new 3-series mid-sized four-doors…
People near retirement age claim they can’t afford much once they stop working. A new study from the Employee Benefit Research Institute states: Many workers report they have virtually no savings and investments. In total, 60…
The price of a regular gallon of gas moved higher again yesterday, according to the AAA Fuel Gauge reports. The data is based on a poll every day up to 100,000 stations Regular reached $3.805,…
Apple (NASDAQ: AAPL) has already had to tell many people who ordered the new iPad from its website that they will not get the tablet by the original March 16 delivery date. Some of…
A new Bloomberg polls shows that the public has begun to gain confidence in the economy. The result is despite high gas prices, and unemployment levels. People also appear to be less concerned about…
A record 50% of Americans strongly disapprove of President Barack Obama’s handling of the economy, a recent Washington Post-ABC News survey shows. A whopping 65% are unhappy with his handling of gas prices. While…
Reuters blogger Felix Salmon reported that CNN was close to a purchase of tech site Mashable. The price, he reported, would be $200 million. That is a remarkably high figure for a property which…
The new Federal Reserve bank stress tests will be hard to pass–if not impossible. The Fed released the guidelines: The supervisory stress scenario for CCAR (Comprehensive Capital Analysis and Review) 2012, which was designed in November…
Almost everyone in the online and legal industries expected it. After weeks of rumors and news report that Yahoo! (NASDAQ: YHOO) had accused Facebook of patent violations, the portal has sued the social network…
courtesy Facebook Inc.The 10 most-visited websites in America may share a few characteristics, but interestingly enough, none are in the same business, with the exception of two portals. Each has a different business model…
People rushed to access the Apple (NASDAQ: AAPL) site to order new iPads almost as soon as the company’s CEO, Tim Cook, announced the release of the new product. Numbered in the millions, customers…
A lack of demand for China’s factory goods could be triggered by a slowdown in demand, particularly from EU countries. That almost certainly would hurt GDP growth in the People’s Republic. Chinese authorities likely would…
Short sellers reduced their positions in major financial firms and their positions in major tech stocks were divided, based on data from the NYSE and Nasdaq for the period that ended February 29. Bank…
China’s trade deficit reached its highest level since 1989, posting a negative $31.5 billion in February. One of the causes was a drop in demand for finished goods put out by factories, which has…
The economy of Appalachia may be helped by natural gas and chemical plants. (Reuters) The People’s Bank of China will do more to support the yuan, and the global economic markets hit a rough…
Surveys of Americans have frequently said they do not want the owners of websites to “spy” on these to determine their habits and use those to target ads. A series of research from The Wall Street…
China’s trade deficit hit its highest level since nearly two decades ago– a $31.5 billion negative number in February. A primary cause was a fall off in demand for finished goods put out by factories, which has been undermined by…
Greek political leaders claim that now money is about to be released as part of a rescue package a new period for the southern European nation has started. Finance Minister Evangelos Venizelos said Greece has a “new starting point” when he was interviews by…
Apple produced too few iPads to reach its delivery date the first orders on March 16. Delivery has been pushed back to March 19 . Consumers should expect that supplies will also be tight at…