Category: Business News

9 Most Ripped-Off Products in America

9 Most Ripped-Off Products in America

Counterfeit products may cost the global economy up to $250 billion a year, according to estimates from the Organisation for Economic Co-operation and Development (OECD). Millions of those shipments enter the United States. While...

How a Proposed ‘Transparent’ Law Would Blatantly Mislead Consumers

How a Proposed ‘Transparent’ Law Would Blatantly Mislead Consumers

The new bill is strongly supported by the airline industry. That alone gives a pretty good indication it’s a bad deal for travelers. Last month, the Transparent Airfares Act of 2014 was introduced in...

Dismal Week for U.S. Stocks

Dismal Week for U.S. Stocks

The Nasdaq dipped below 4,000 for the first time since early February and ended the week at 3.999.7, down 1.3% on the day just one day after plunging 3.1% — its biggest drop since...

The Digital Economy Is Profoundly Unequal

The Digital Economy Is Profoundly Unequal

Is unbridled innovation good for society? Can we trust the internet? Can we afford not to? These are some of the big picture questions being asked right now at the annual Institute for New...

SAC Capital Plea Deal Ends Long Wall Street Saga

SAC Capital Plea Deal Ends Long Wall Street Saga

Federal prosecutors called the settlement a “day of reckoning” for a hedge fund “riddled with criminal conduct,” but SAC founder Steven A. Cohen is likely to avoid prosecution Multibillion-dollar hedge fund SAC Capital was...

Can $63 Billion Make Wall Street Any Safer? Nope

Can $63 Billion Make Wall Street Any Safer? Nope

This week, U.S. financial regulators announced that Too Big To Fail (TBTF) banks will be forced to increase their capital cushion by $68 billion, to comply with new financial reform rules. But if you...

$300 for a Jersey? NFL Fan Gear Just Got More Expensive

$300 for a Jersey? NFL Fan Gear Just Got More Expensive

Nike, the official brand for NFL team uniforms, is increasing the prices for its higher-end jerseys. Fans will have to hand over $150 for a “Limited” jersey and $295 for an “Elite” jersey. Nike...

Amazon Says Fire TV Isn’t a $500 Games Console, and It Wasn’t Meant to Be

Amazon Says Fire TV Isn’t a $500 Games Console, and It Wasn’t Meant to Be

Amazon’s vice president of gaming Mike Frazzini answers questions about Fire TV’s game prowess, hybrid computational gaming, the optional gamepad and more. Amazon’s Fire TV was expected in the sense that we’ve all been...

T-Mobile Adds an Even Cheaper Wireless Plan

T-Mobile Adds an Even Cheaper Wireless Plan

The new “Simple Starter” costs $40 per month and includes 500 MB of data, with a couple caveats. About a month ago, T-Mobile doubled the data on its basic $50 per month plan, from...

Stocks Rise, Breaking A Three-Day Losing Streak

Stocks Rise, Breaking A Three-Day Losing Streak

Stocks are closing higher as the market stabilizes after a three-day slump. Technology stocks rose after taking a beating over the past week. Investors will start to focus on company earnings this week. Bed...