Business News
Gold prices aren't going to stay this high
Business Insider - 3 Jul 2016 14:33
Gold has taken off in the past week as part of the post-Brexit "safe haven" rally. The precious metal jumped as much as 7% the day after the UK voted to leave the European Union and has stayed elevated since. This rally,...
Auto industry seeks break on new fuel economy standards
USA Today - 3 Jul 2016 09:27Wacky factoid connects Brexit fallout to Dow's worst day
New York Post - 3 Jul 2016 03:00
If you're the kind of "Beautiful Mind" numbers person who tends to see patterns in the world, then you'll love this observation sent to us by our friend, "symbology consultant" Tom Siebert. On Friday, June 24, in the aft...
People are spending less at restaurants -- and it's ominous news for the economy
Business Insider - 3 Jul 2016 15:53
Andrew Burton/Getty Images The restaurant industry is providing some ominous insight into how Americans are feeling about the economy. Restaurant sales are virtually flat, and they're expected to remain weak for the rest...
London stock exchange shareholders vote on merger deal under Brexit cloud
Reuters - 3 Jul 2016 09:19
LONDON/FRANKFURT
When the Neighborhood Is Owned by Billion-Dollar Companies
ABC News - 3 Jul 2016 15:44
When neighborhood houses are owned by billion-dollar companies and not by the occupants
Kuwait posts $18B deficit as lower oil prices slash revenue
Business Insider - 3 Jul 2016 15:42
Reuters/Stephanie Mcgehee Kuwait's finance minister says the oil-exporting country has posted a budget deficit of $18.2 billion for the most recent fiscal year as lower crude prices slash into government revenue. Anas al...
Meet the leaker who reveals Apple's products before they come out (AAPL)
Business Insider - 3 Jul 2016 15:30
OnLeaks Apple can't keep a secret anymore. Because it needs to make so many iPhones to meet considerable demand, its partner factories start cranking out parts as early as the spring in anticipation of a fall launch. ...
Luxury apartments in New York just aren't selling like they used to
Business Insider - 3 Jul 2016 15:01
Shutterstock/ariadna de raadt The number of Manhattan apartments sales fell to the second-lowest level in a decade in the second quarter, according to NYC department of finance data analyzed by the Wall Street Journal. A...
Why Millennials, minorities face greater debt risk
USA Today - 3 Jul 2016 14:31
When it comes to dealing with debt, too often the deck can be stacked against them.
The foreseeable future of the economy has nothing to do with the economy
Business Insider - 3 Jul 2016 14:28
Stefan Wermuth/Reuters Over the past couple of weeks the world economy has been captivated by the UK's vote to leave the European Union. The Brexit was named as the culprit of global stock markets rise, fall, and rise. I...
An $8 billion hedge fund suddenly imploded -- here's how it played out
Business Insider - 3 Jul 2016 14:13
Visium Asset Management, a one-time rising hedge fund, is shutting down after its former employees were charged with insider trading and fraud. It's a quick turnaround since the New York hedge fund managed $7.8 billion...
Something very worrying seems to be happening in China's jobs market
Business Insider - 3 Jul 2016 14:10
Reuters The current hiring trend in China's housing market is eerily similar to that of 2013, and that sends an important warning signal. Keeping China's property market in good shape is paramount to the country. It's a ...
Israeli minister says Facebook is a 'monster' that hinders security
Venture Beat - 3 Jul 2016 11:21
(Reuters) – Israel’s Minister of Internal Security on Saturday accused Facebook and its founder, Mark Zuckerberg, of not doing enough to prevent incitement against Israel and said the social network was “sabotaging...
Gail MarksJarvis: Going to college is worth it, study finds
News Observer - 3 Jul 2016 10:00
A new study provides a dramatic answer to the question nagging potential college students: Is college worth it? …
Merritt goes for gold again, then thinks about the future
Miami Herald - 3 Jul 2016 08:15
Sprinter LaShawn Merritt has won a pair of Olympic gold medals and might take home a few more before his career is over. …
Iran's e-commerce industry is booming
Business Insider - 3 Jul 2016 06:01
REUTERS/Morteza Nikoubazl Two politico-economic decisions have exerted enormous influence on the growth potential of the Iranian e-commerce sector, somewhat mitigating the risk of investing in the industry. The first is ...
Jack Taylor, Billionaire And Founder Of Enterprise Rent A Car, Dies At 94
Forbes - 3 Jul 2016 05:08
A longtime member of The Forbes 400 and Forbes list of the World's Billionaires, Taylor and his family's net worth is an estimated $5.8 billion.
There's an international In-N-Out knockoff chain opening in California -- here's how it compares to the real thing
Business Insider - 3 Jul 2016 03:53
Josh Scherer CaliBurger, the completely shameless In-N-Out knockoff that first opened in China and got sued for intellectual property infringement, is finally open in Pasadena. This is great news all around. Storyline...
This 4-Stock Tech Portfolio Yields 8.5%
Forbes - 3 Jul 2016 16:19Condé Nast's Dawn Ostroff introduces virtual reality entertainment
New York Post - 3 Jul 2016 02:45
On the Money caught up with Condé Nast Entertainment President Dawn Ostroff at the Cannes Lions festival to discuss the company's mobile entertainment destination, The Scene, and a virtual reality project she's working ...
How Heroes of the Storm's senior producer turned a testing gig into a Blizzard career
Venture Beat - 3 Jul 2016 01:00
Even the mightiest chieftain has to start out as a wood-cutting grunt. Today, Blizzard is one of the biggest companies in gaming and celebrating its 25th anniversary. It is supporting modern hits like Hearthstone, World ...