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Source: courtesy of Google Inc.First it was Kansas City, now it is Austin. Google Inc. (NASDAQ: GOOG) announced that it is going to be launching its Google Fiber service for ultra high-speed Internet...
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Source: ThinkstockYou have heard of all sorts of bubbles in the financial world. There are instances like the housing bubble, a bond bubble, the dot-com bubble, the tech bubble, the private equity...
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Avon Products (NYSE: AVP) said it will take a week to decide whether it will negotiate a new, sweetened deal from Coty. Coty has just gotten financial support from Warren Buffett’s Berkshire...
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The battle cries of retailers as the approach this holiday season is “may a fool and his money soon be parted.” Unfortunately, there are fewer fools than there were two years ago when the...
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The weekly jobless claims from the Labor Department was roughly in-line with expectations as the rate came to an adjusted drop of 3,000 jobless claims to 456,000. The reading from a weak ago was...
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At the recent annual gathering of China’s political elite, one official followed another in a nearly endless line, stepping up to the podium to insist that China’s GDP would grow at an 8% or...
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GM needed to prove to Wall St. that its cost cuts were working. It did so in spades. The big auto company reported a fourth quarter profit of $950 million, after a loss of $6.6 billion in the same...
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Matt Simmons, founder of Houston-based Simmons and Co International believes that oil will be above $100 for some time to come. "Demand is far more durable than anyone ever thought,"...
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As gasoline prices continue to decline nationwide, the average price per gallon in one Louisiana town is a mere two dollars.
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Voting is a right that many Americans embrace and exercise regularly, in local or state elections, and especially in presidential elections. Still, the right to vote has been the topic of much debate...
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Since Fitbit released its second-quarter financial results after the markets closed on Wednesday, shares bounced off an all-time low, contributing to the rally of the broad markets.
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OK, so it is no secret that Zynga, Inc. (NASDAQ: ZNGA) screwed its shareholders. You should not be surprised because Zynga is one of these new-age Web 2.0 (or Web 3.0) companies with a split share...
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Richmond Fed President Jeffrey Lacker issued a statement this morning defending his lone vote against the Fed’s extension of Operation Twist. Lacker said that more monetary stimulus would not make...
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As the Zika virus disease threatens to spread north along the Florida Coast, stories in the news media often make it seem that the virus is new.
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A note from the desk of President Jeffrey M. Lacker, Federal Reserve Bank of Richmond:“The median inflation expectation from the University of Michigan’s monthly survey of consumer sentiment is...
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