Category: Business News

Explainer: Did That $6 Billion in Campaign Spending At Least Help the Economy?

Explainer: Did That $6 Billion in Campaign Spending At Least Help the Economy?

After each election, the media tends to brood over a predictable set of issues, like the small mindedness of campaign policy proposals to the nastiness of negative advertising. Another bugaboo of the pious punditry...

What’s With All the Leaked Black Friday Ads?

What’s With All the Leaked Black Friday Ads?

Retailers generally avoid publicizing their Black Friday specials far in advance because of the potential of hurting sales before the big day arrives. Who, for instance, would buy a 42-inch plasma screen RCA TV...

Study: Credit Card Comparison Sites Don’t Work as Promised

Study: Credit Card Comparison Sites Don’t Work as Promised

Credit card comparison websites can help consumers pick the best card for their needs, but the services come with a big possible conflict of interest. Most of these sites have a business model that...

Weekly U.S. Jobless Claims Fall to 355K Last Week

Weekly U.S. Jobless Claims Fall to 355K Last Week

The number of people seeking unemployment benefits last week fell by 8,000 to a seasonally adjusted 355,000, a possible sign of a healing job market. But officials cautioned that the figures were distorted by...

Can China’s New Leader Prevent an Economic Crisis?

Can China’s New Leader Prevent an Economic Crisis?

In a very uncertain global economy, we’re finally getting some certainty from the world’s two largest economies – at least on the political front. In the U.S., the interminably long election season finally ended...

The Economy Obama Faces: Slow but Gaining Steadily

The Economy Obama Faces: Slow but Gaining Steadily

Here’s the assignment President Barack Obama has won with his re-election: Improve an economy burdened by high unemployment, stagnant pay, a European financial crisis, slowing global growth and U.S. companies still too anxious to...

An Easy ETF Of Superstorm Sandy Stocks

An Easy ETF Of Superstorm Sandy Stocks

Does every home need a  generator? Please don’t take this post as callous and insensitive. My family has suffered through Hurricane Sandy, but I was thinking that it might actually be prudent, from a...

Natural Gas: America’s Future Electric Grid?

Natural Gas: America’s Future Electric Grid?

In August 2003, cascading electric blackouts across the northeast United States left roughly 50 million people without power and cost billions of dollars in economic losses. That incident called into question the reliability of America’s electric...

China’s Enrons

China’s Enrons

China’s Big Four banks have reported better-than-expected results for the third quarter.  Bank of China led the way, posting a 16.6% increase in net profits over the same quarter last year.  China Construction Bank was the group’s laggard,...

Donating Star Wars Billions Will Make George Lucas One Of The Biggest Givers Ever

Donating Star Wars Billions Will Make George Lucas One Of The Biggest Givers Ever

George Lucas introduced the world to Star Wars back in 1977, and he profited handsomely from it. Now, after selling the mega-franchise to Disney for $4.05 billion, Lucas is preparing to give back in a big way....