According to New York Times, Apple will be replacing AT&T on Saturday, March 18th. Apple is now one of highest valued companies whose market capitalization…
Month: March 2015
Stocks are trading lower today as February’s jobs report indicates that an interest rate hike could come sooner rather than later, although probably not until…
Traditional economic theory suggests that savers would rather hold cash than lose money by leaving it in a bank. Positive interest rates benefit both savers…
The latest oil conundrum revolves on where to put it. U.S. crude oil-supplies are at the highest level in more than 80 years, equal to…
The effects of bad weather, a stronger dollar, and cheaper oil all might lead to a disappointing jobs number this Friday, analysts suggest. Preliminary data…
In the past two years, more than 50 U.S. venture-backed tech startups reached a valuation of $1 billion plus. Specifically, Snapchat Inc. and Pinterest Inc., are…
The Institute for Supply Management issued [its latest survey results] on March 4th that U.S. non-manufacturing expanded at a rate slightly better than expected in…
The president of the New York Fed, William Dudley, firmly questioned the riskiness – as well as the effectiveness – of the current program of…
Just a few weeks ago, Wal-Mart announced that it would raise the wages of 500,000 of its employees to $9 per hour by April and…
As the job market has started to pick up in the recent months, there has been some talk at the Federal Reserve to start raising…
Over the past couple of years, the Fed’s aggressive monetary policy has led to a widely expanded balance sheet. With roughly $4.5trillion worth of assets on…
I read Eric Liu and Nick Hanauer’s Atlantic article “’Middle-Out’ Economics: Why the Right’s Supply-Side Dogma Is Wrong” which originally appeared in an Atlantic partner…