Will the Bank of England (BOE) raise interest rates or will it continue to delay the inevitable? This has been the debated question throughout most of 2014. As Great Britain heads into the new year, millions of consumers are concerned as to whether or not BOE Governor Mark Carney … [Read more...]
Ex-governor Says Increase Gas Tax While Price is Low
Consumers are riding a wave of momentum right now amid lower gas prices. Most business analysts and government studies suggest this trend will continue into next year, too, which will permit consumers to have additional cash in their pockets. However, this may not last too long if the … [Read more...]
Experts Say Brace for Lower Gold Prices Next Year
For the second consecutive year, the price of gold has been lackluster, and heading into next year, many financial analysts forecast the yellow metal to not have much of a stellar year either. In the past month, there have been numerous predictions as to what the price of gold will … [Read more...]
Global Wage Growth Has Taken a Nosedive
The International Labor Organization (ILO) published the results of a new report that found stagnant wage growth in developed nations has actually reduced global wage growth and could very well diminish economic growth worldwide. According to the report, international wage growth … [Read more...]
Treasury Department Says Banks Need Cyber Risk Insurance
Amid a plethora of cyber infiltrations, data breaches and hacking threats, one United States Treasury Department official is urging financial institutions to adopt cyber risk insurance in order to deal with these potentially catastrophic risks. Speaking at an industry conference … [Read more...]
Google Inc. Replaces Captcha with New Anti-robot Technique
If you're a human being and you absolutely detest trying to decipher distorted letters and numbers then perhaps you'll be pleased about Google Inc.'s (NASDAQ:GOOG) newest plan to replace the dreaded captcha with a new anti-robot mechanism. According to a blog post by Vinay Shet, a … [Read more...]
ECB Won’t be Adjusting Interest Rates
The European Central Bank (ECB) announced Thursday it has decided to keep its interest rates unchanged. The central bank left its primary interest rate - the cost of borrowing at its conventional loans - at just 0.05 percent. The ECB also kept its deposit rate at -0.2 percent, which … [Read more...]
Hershey May Do Away With High-fructose Corn Syrup
Do you know what chocolate bars taste like with just sugar? Well, if you're an American born after 1982 then it's unlikely that you've tasted these delicious, yummy bars with just plan old sugar instead of the high-fructose corn syrup. Hershey is now considering removing corn syrup … [Read more...]
8% of Americans are Depressed Women Most Affected
A new report released by the United States Centers for Disease Control and Prevention (CDC) finds that just under eight percent of Americans 12 years of age or older suffer from depression, and about one-third of them have sought assistance and treatment. According to the federal … [Read more...]
Jeff Bezos Made ‘Billions of Dollars of Failures’
This year, online retail juggernaut Amazon (NASDAQ:AMZN) released its much anticipated Fire Phone. The company had high hopes for the smartphone, including CEO Jeff Bezos. Unfortunately for the corporation, it is now considered one of the biggest blunders coming out of Seattle, … [Read more...]
Nations Hit by Ebola Can Expect Poor Economic Growth in 2014
A new report issued by the World Bank Tuesday shows that the organization has modified its decreases in its 2014 gross domestic product growth estimates for the three nations that were the most affected by the outbreak of the Ebola virus. The World Bank stated that Guinea, Liberia … [Read more...]
Fed Warns Inflation Drop Could Delay Rate Hike in 2015
The general consensus on Wall Street is that the Federal Reserve will undoubtedly raise interest rates sometime in the middle of next year, citing an improving labor market and the Fed hitting its targeted inflation levels. However, due to a decline in oil prices, some economists and … [Read more...]
On-demand Cleaning Service Helpling Raises $17 Million
Moving forward, Helpling will do for home cleaning what Uber did for ride-sharing and what Airbnb did for room-sharing, says the Berlin-based Rocket Internet in regards to its on-demand cleaning service. The company announced that it has raised $16.8 million from investors in its … [Read more...]
Stephen Hawking: Artificial Intelligence Will End the World
Stephen Hawking continues to remain one of the most important figures of our generation. With his vast intelligence and interesting ideas, he can communicate twice as fast thanks to new technology developed between himself and Intel with the partnership of SwiftKey over the past three … [Read more...]
Consumers Spent an Average of $380.95 on Black Friday
After all the hype, commercials and news reports advertising incredible sales on Thanksgiving Day and Black Friday, the National Retail Federation (NRF) suggests that there were fewer sales and shoppers this year than in 2013. It has been reported that the NRF discovered 5.1 … [Read more...]
Technology Win: Girl Scouts Selling Cookies Online
Girl Scouts of the United States of America are going online to help sell their cookies. The century-old institution will embrace an e-commerce model as well as the 21st century next year by overturning its ban on selling their mint thins and other cookies online. The New York Times … [Read more...]
Brutal Black Friday Behavior Hits Great Britain
American consumers are often lambasted by outsiders for their questionable behavior on Black Friday - or now Gray Thursday - as they scuffle, yell profanities and beat up their own grandmother to get $50 off a Polaroid television. Well, now that type of behavior has inflicted British … [Read more...]
Senator Chuck Schumer, Democrats Blew Healthcare Opportunity
It seems it isn't just the Republican Party that has come out swinging against the Affordable Care Act (ACA), otherwise colloquially known as Obamacare, as a high-ranking Democrat has criticized the healthcare reform initiative. New York Democratic Senator Chuck Schumer, who voted … [Read more...]
U.S. Finally Realizing Smoking is Bad for Your Health
A fewer percentage of Americans are smoking cigarettes than ever before. Decades ago, it was difficult not to come across someone who didn't smoke. Nowadays, it's quite hard to come into contact with an individual who actually does partake in the smoking habit. Figures released by … [Read more...]
Government Steps In Farmers Growing Too Many Cranberries
This Thanksgiving, millions of Americans will be dumping their turkey and stuffing into their cranberry sauce, a favorite pastime for so many people. Despite the enormous consumption of the cranberry - Americans buy five million pounds each year, particularly during Thanksgiving - a … [Read more...]
