Archive for July 27th, 2017

Wells Fargo and Co said it would reimburse about $80 million to 570,000 customers who may have been charged wrongly due to issues related to auto collateral protection insurance (CPI) policies.

More…

Comments No Comments »

Jeff Bezos, the Amazon founder who started selling books from his garage 22 years ago, is set to become the world's richest man.

More…

Comments No Comments »

As if from some bizarro world given what is taking place now, in October 2013, Republicans in Congress actually attempted to force restraint on the Obama administration. The primary issue was Obamacare. No budget agreement could be reached by September 30, as the Senate controlled by Democrats steadfastly refused to negotiate the Republican Houses proposal to defund provisions for the health insurance law. Without an appropriations resolution in lieu, the result was a federal shutdown lasting 16 days in total.
While all that was going on, US T-bill rates rose. The equivalent yields on…

More…

Comments No Comments »

Governments cannot simply waive a magic wand to create jobs, but that certainly doesnt stop them from trying. The latest entry in the jobs lottery is the state of Wisconsin, which is putting up billions of dollars to lure Foxconn to build a plant. It could be a great deal for Foxconn. But will the taxpayers ever get their moneys worth? A lot less likely.
Foxconn has announced it will be building its first U.S. plant in the former manufacturing hub of Kenosha, Wisconsin. What will the local economy get? A $10 billion investment by the Taiwanese company to build a display panel plant,…

More…

Comments No Comments »

Royal Dutch Shell laid out a pessimistic vision for the future of oil, even as the company reported success in generating cash during a prolonged downturn.

More…

Comments No Comments »

It’s a good time to be a home seller. 

More…

Comments No Comments »

Despite Bitcoin's volatile nature, some mom-and-pop investors are choosing to pack their retirement savings into the popular cryptocurrency bitcoin.

More…

Comments No Comments »

Jeff Bezos, the Amazon founder who started selling books from his garage 22 years ago, is set to become the world's richest man.

More…

Comments No Comments »

<p>Stocks rose Thursday as the tech sector was lifted by strong earnings from key companies.</p>

More…

Comments No Comments »

Wall Street analysts are stunned over Facebook's surging ad pricing growth.

More…

Comments No Comments »

<p>U.S. equities opened higher on Thursday as the tech sector was lifted by strong earnings from key companies.</p>

More…

Comments No Comments »

This is why folks say they just don't feel safe enough using debit cards.

More…

Comments No Comments »

“The rich are different from you and me,” novelist F. Scott Fitzgerald once supposedly confided to Ernest Hemingway.

More…

Comments No Comments »

The tech titan and star of hit show “Shark Tank” became uber rich when he took Broadcast.com public in 1998.

More…

Comments No Comments »