Author: Sammy Bravo

DC’s Debt Deal Gets a ‘C-’

DC’s Debt Deal Gets a ‘C-’

The federal government is up and running after a last-minute deal between Republicans and Democrats ended the shutdown. The agreement also raised the debt ceiling so the government can pay its bills—for now. Washington...

Student Loans Are Becoming a Drag on the US Economy

Student Loans Are Becoming a Drag on the US Economy

The housing recovery remains on track. But high levels of student debt threaten to hang over the residential real estate market for many years, acting as a drag on both household formation and higher...

Google Is Back in Wall Street’s Good Graces as Stock Hits New Record

Google Is Back in Wall Street’s Good Graces as Stock Hits New Record

The Big G is back. Technology juggernaut Google delivered stronger-than-expected earnings results on Thursday, reversing a trend of several lackluster quarters and sending the company’s stock soaring 8% in after-hours trading. Google’s revenue growth...

Tech Engineers: This is Where You’ll Earn Your Money

Tech Engineers: This is Where You’ll Earn Your Money

Glassdoor has released a list of the 25 tech companies that most generously compensate their software engineers. According to the list, which reviews annual base salary and is limited to corporations with over 50...

Can ShopRunner Rescue Retailers From Amazon?

Can ShopRunner Rescue Retailers From Amazon?

The steady assent of Amazon has proceeded with few hiccups over the years. As retail consultant Jim Tompkins points out, if you count sales Amazon facilitates through its third-party marketplace, it actually moves more...

S&P 500 Hits Record High After Debt Ceiling Deal

S&P 500 Hits Record High After Debt Ceiling Deal

The S&P 500 hit a new intra-day high Thursday, a day after Congress voted to reopen the government and avert a default by raising the debt ceiling. The index was trading at $1,733 shortly...

Guess Who Got $2 Billion For A Dam In Congress Last Night

Guess Who Got $2 Billion For A Dam In Congress Last Night

The bill that ended the government shutdown and forestalled a debt crisis Wednesday night had at its core what the country expected: it funded the government and averted default. But that was not all....

Ubisoft Stock Drops Over 25 Percent Following Delays, Earnings Adjustments

Ubisoft Stock Drops Over 25 Percent Following Delays, Earnings Adjustments

Yesterday’s Watch Dogs and The Crew delays have had predictable and severe repercussions for Ubisoft. The company’s stock has dipped 25 percent on the news. The company revised its outlook severely on the move...

U.S. Unemployment Aid Applications Drop to 358,000

U.S. Unemployment Aid Applications Drop to 358,000

Applications for US unemployment benefits dropped 15,000 to a seasonally adjusted 358,000 last week, though the figure was distorted for the second straight week by California’s efforts to clear backlogged claims. The Labor Department...

S&P Says Government Shutdown Cost U.S. Economy $24 Billion

S&P Says Government Shutdown Cost U.S. Economy $24 Billion

The ratings agency said more than two-week long government shutdown has cost the economy $24 billion — or $1.5 billion per day — reducing S&P’s September forecast of 3 percent annualized fourth-quarter 2013 GDP...