Based on the recent data from Kleiner Perkins, there has been a substantial inflection point in the relationship between NASDAQ index valuations and tech IPOs around 2015 that continued into 2016-2017 period.Over the period 2009-2014, the positiv…
The third consecutive decline in signed contracts to purchase previously owned U.S. homes indicates progress in the housing market is stalling
Toshiba Corp. (OTCMKTS: TOSYY) is desperately in need of funds – and it’s running out of time.
The euro hit a 1-year high on Wednesday and German 10-year Bund yields continued to rise after doubling the previous day, as bets grew that Draghi and the European Central Bank is readying to scale back its 2-trillion-euro stimulus program.
Asian Fusion’s got nothin’ on Chef Caveman. At least Stone Age culinary connoisseurs knew enough to grease rocks before using them as cooking apparatus. You might concur that logical leap would make hot-rock table-cooking tuna a might bit easier.
Two states and Washington DC are raising their minimum wages comes July 1, with Washington DC’s minimum wage rising to $12.50 per hour, the highest state-wide minimum wage level in the U.S.
Q: Are the annual stress tests good for bank stocks?Early in 2009, when the Federal Reserve Board began the annual exercise of “stress tests” for banks, confidence in the US financial institutions was nonexistent. The year before, Treasury Secretary Hank Paulson almost single handedly cratered the US economy by embracing the creation of a “Super SIV” to buy bad assets from the largest banks. Paulson’s ill-considered comment told investors that US banks like Citigroup (NYSE:C) were insolvent.
The status of durable goods in May 2017 appears to be up for debate. Once more there is major disagreement between the seasonally-adjusted figures and those unadjusted. In the estimation of the latter, May was a relatively good month for US manufacturing. Orders were up 7.3% year-over-year, the highest growth rate in nearly three years….
In Dow Jones news today, stock prices were flat as Google was hit with a $2.7 billion fine from the EU.
Wal-Mart — the infamous low-price retailer — is ditching its most well-known pricing strategy in an effort to compete with e-commerce leviathan Amazon.com.