The fourth largest wireless carrier in the United States, T-Mobile, will soon launch a new program that allows subscribers to bank unused mobile Internet data for up to one year. Starting Tuesday, customers will receive 10 gigabytes of free data. If the data is rolled over and … [Read more...]
BlackBerry Launches ‘The Classic’ Old School Smartphone
BlackBerry is kicking it old school as it has unveiled a new smartphone called "The Classic." The smartphone features a keyboard, which may puzzle many considering that most customers have already embraced the touchscreen with Apple and Samsung products. However, BlackBerry is … [Read more...]
Swiss Franc Tumbles as Central Bank Announces Negative Rates
In a surprise move that sent shockwaves throughout markets everywhere, the Swiss National Bank (SWB) announced it would institute an interest rate of -0.25 percent on large deposits held by investors in Swiss francs. This move is meant to discourage investors from seeking the franc as … [Read more...]
U.S. Consumer Prices Fall Amid Lower Oil Prices
With every piece of good economic news comes some bad financial news. Amid declining energy prices, United States consumer prices fell in the month of November, a sign that inflation levels will still remain below the Federal Reserve's target rate of two percent just before we ring … [Read more...]
New Home Construction Declines but We’re Still Recovering
Last month, the number of housing starts and building permits declined, but the figures did remain at the same levels on par with the gradual housing market recovery, says a new report by the Department of Commerce. According to the report released Tuesday, groundbreaking fell 1.6 … [Read more...]
New Study Shows Poor Sleep Habits are Linked to Dementia
Do you continually wake up throughout the night disrupting your sleep? Does your partner regularly inform you of your loud snoring habits that effectively wake them up, too? If so then perhaps now is the time to confront this issue for the sake of the health of your … [Read more...]
Ruble Tumbles as Bank of Russia Raises Interest Rates
It's safe to objectively say that the Russian Federation is going through a currency crisis. As the ruble continues to decline - it tumbled to 73 against the dollar during the Tuesday trading session - the Bank of Russia announced that it has raised its short-term interest rate … [Read more...]
Microsoft Gains New Allies in Drug Trafficking Investigation
Last year, United States prosecutors issued Microsoft a warrant for emails stored by the tech titan in an Irish data center that was allegedly in relation to a drug trafficking investigation. The tech giant refused the request, but was soon ordered by a judge this past summer to hand … [Read more...]
Spanish Newspapers Say Bring Google News Back Back!
Last week, the Spanish government began to clamp down on Google as the state is now requiring the search engine juggernaut to pay Spanish news publishers each time their content is listed on the website. Since the company is refusing to cave into their demands, the tech titan has … [Read more...]
Federal Reserve Remains Silent Regarding Interest Rates
This week, the Federal Reserve's Federal Open Market Committee (FOMC) will meet. When the notes are released it'll likely be more of the same: an improved economy, a robust labor market and a slump in housing. At the end of it all, the United States central bank will refuse to confirm … [Read more...]
Burger King Move Would Generate $1 Billion in Tax Savings
This past summer, Burger King and Tim Horton's generated big headlines after the United States burger franchise announced it would acquire the iconic Canadian coffee chain. As part of the acquisition, Burger King would move its headquarters to Canada, a move that had many accuse the … [Read more...]
Haters Rejoice as Facebook Considers ‘Dislike’ Button
For years, Facebook users have called for the company to insert a "dislike" button to complement its now legendary Like button. It has been speculated for quite a while that the social network juggernaut would soon incorporate it, but nothing has come to fruition...until … [Read more...]
Poll: Most Americans Won’t Clear Debt Before They Die
The economic recovery may be revving up, but a growing number of Americans are still attached to the shackles of enormous debt levels. A new poll finds that consumers are so overwhelmed with debt that they feel they may not pay it off no matter how long they live. According to a … [Read more...]
Microsoft’s Accepting Bitcoin for Windows & Xbox Purchases
Microsoft (NASDAQ:MSFT) has now become the latest big brand to begin accepting the peer-to-peer decentralized virtual currency bitcoin. The Redmond, Washington-based company will allow customers to use the digital currency to purchase Windows, the Windows phone and Xbox … [Read more...]
IRS Conned Out of $6 Billion in Fake Child Care Credits
A new report from a government watchdog discovered that the Internal Revenue Service (IRS) paid out between $5.9 billion and $7.1 billion in bogus child care credits last year to individuals who were not eligible to receive them in the first place. According to an audit by J. … [Read more...]
Russia’s Medvedev “Russia Never Recovered from Economic Collapse”
Since the Ukraine-Russia conflict began earlier this year, the West has led the charge in applying sanctions against the Russian Federation. This has created numerous setbacks for the nation's economy and tremendous devaluation of the rouble. In retaliation, Russia has instigated … [Read more...]
Now You Can Customize Your Own Burger at McDonald’s
The iconic fast-food burger chain McDonald's (NYSE:MCD) has been experiencing a decline as its shares have fallen, same-store sales are taking a dive and millennials are abandoning the restaurant in favor of healthier options served by its competitors. McDonald's has been attempting … [Read more...]
Amazon Continues to Innovate With New ‘Make an Offer’ Feature
Amazon introduced a new option Tuesday called "Make an Offer," a program that allows customers to bid for lower prices on more than 150,000 products sold by third-party vendors. The products range from fine art to rare coins, from sports memorabilia to entertainment … [Read more...]
U.S. Economy to Grow, Inflation to Tumble in 2015
The United States economy is expected to continue to grow heading into next year, while inflation will slow down, says a new survey released by the Federal Reserve Bank of Chicago. The growth of the economy is projected to decrease the unemployment rate, according to … [Read more...]
Japan’s Economic Contraction Worse Than Forecast
Japan's economic woes continue to get worse after it was reported that the nation's third quarter contraction was actually worse than initially reported. According to Reuters, the Japanese economy declined 1.9 percent in the July-to-September period, down from the 0.5 percent figure … [Read more...]
