We've all had times where we just didn't want to go to work today, even when we feel perfectly fine. The workforce has provided an abundance of excuses for calling in sick or missing work. A new survey by CareerBuilder has revealed the top 10 excuses for taking a day off from work. … [Read more...]
Dunkin’ Donuts New Croissant Donut That’s Not a ‘Cronut’
Last year, there was one food item that was all the rage and generating global headlines: the cronut, a fried, cream-filled croissant-doughnut hybrid developed by Dominique Ansel Bakery. The $5 cronuts were so popular that they even created a black market for those who wouldn't want … [Read more...]
25 Out of 130 Eurozone Banks Failed Stress Test
The European Central Bank (ECB) announced Monday that just 25 out of the eurozone's 130 financial institutions had failed the stress tests, a signal that the region's banking system is becoming a lot more stable and the ECB is doing its job of supervision correctly. According to … [Read more...]
Survey Says: Middle Class is in Trouble
The issue of retirement has become a generational matter. With a substantial amount of Americans not having money for their winter years, and the newer generation foregoing the entire concept of retirement, some experts purport there is a crisis transpiring in front of our eyes. A … [Read more...]
Low Interest Rates in Canada are Concerning says Moody’s
Canadians have enjoyed low mortgage and interest rates for a longtime. Cheap borrowing costs have prompted Canadian consumers to spend more on automobiles, expensive homes and other goods on credit. This is a worrisome trend, says the Bank of Canada (BoC) and Moody’s. BoC governor … [Read more...]
Swiss Supermarket Sells Coffee Cream with Hitler’s Face on It
A Swiss supermarket chain has apologized after it was reported that customers discovered packets of cream that had the faces of former German Chancellor Adolf Hitler and former Italian Prime Minister v on top of the casings. Reports say the creamer pots weren’t sold at the Migros … [Read more...]
Big-box Stores Streamline Shipping for Holiday Season
As a growing number of consumers are skipping the crowded malls this holiday season, many of them are turning to the Internet to purchase Christmas gifts for friends, family members, colleagues and mailmen. E-commerce and shipping have become the major topics of the holiday shopping … [Read more...]
Social Security Recipients Can Expect 1.7% Increase Per Month
More than 60 million Americans receiving a Social Security check will notice an increase in their monthly benefits next year. The Social Security Administration (SSA) announced Wednesday that benefits will increase by just 1.7 percent, or about $22 per month, for the typical Social … [Read more...]
U.S. Companies Optimistic About the Economy
When was the last time you received a raise, or at least a cost of living adjustment? If it’s been some time since you've noticed an increase in your wages then you may have to wait a little bit longer. A new study by the National Association of Business Entrepreneurs (NABE) found … [Read more...]
McDonald’s & Coca-Cola Sales Tumble in Third Quarter
A plethora of third-quarter earnings are being released this week. As some companies have helped the Dow Jones erase last week’s losses with their Q3 earnings, some big corporations are tumbling in sales. McDonald’s The global fast-food juggernaut McDonald's (NYSE:MCD) reported … [Read more...]
Fed President Not Ruling Out Another Round of Quantitative Easing
Last week, the markets essentially tanked. The S&P 500 retracted its year-to-date gains, the Treasury bonds had a flash crash, the Dow Jones collapsed a few hundred points, though it regained those losses Friday, and emerging markets hurt United States investors. It was bad news … [Read more...]
New Starbucks App Lets You Pre-pay to Save Time
For some morning zombies, they can't wait to get their hands on a cup of coffee. Well, now they won’t have to wait a long time if they’re a Starbucks customer because the coffee giant is launching a program to allow customers to place their orders ahead of time on their … [Read more...]
Another Round of Quantitative Easing May be Realized
Fed Chair Janet Yellen shied away from typical central banking topics, like inflation and interest rates, to talk about income inequality and economic opportunity at a conference Thursday sponsored by the Boston Fed. Yellen purported that the rising trend of inequality is drifting … [Read more...]
Amazon Expects This Holiday Season to be a Winner
We have yet to place this year’s Halloween in the history books, but there has been a plethora of news regarding the Christmas season and what businesses are looking to do to boost sales after a pretty mundane summer. Here are things to know so far regarding the 2014 holiday … [Read more...]
Whole Foods Hipsters Now Rate Produce Environmental Factors
Whole Foods Market established its new rating program Wednesday for its inventory of fruits, vegetables and flowers that will provide consumers with important environmental information, such as the product’s pesticide usage, treatment of farm workers and impact on waste … [Read more...]
Macy’s Black Friday Creep Starts at 6 p.m
In the last few years, the trend for retailers itching to generate substantial sales in the final two months of the year is to launch Black Friday sales on Thanksgiving, a time when families are together cutting the turkey, imbibing gravy and passing the stuffing. This year, … [Read more...]
U.S Retail Sales Fall; Producer Price Drops 0.1% in September
Last month, United States retail sales experienced a 0.3 percent decline, a figure that is more than the initial forecast of 0.1 percent. One month after retail sales had some momentum the September pullback signaled that consumers are taking a respite likely due to the upcoming … [Read more...]
McDonald’s Fights Back to Dispel Myths About its Food
Over the past number of years, there have been various reports, studies and myths passed on regarding what’s actually inside a McDonald’s Big Mac, chicken nugget or quarter pounder. From pink slime to rats, customers have often come to the worst of conclusions regarding the … [Read more...]
Ben Bernanke Testifies Regarding AIG Bailout
A somewhat frustrated Ben Bernanke appeared in court Thursday to testify regarding the United States government’s 2008 bailout of American International Group (AIG). Maurice R. Greenberg, AIG’s former chief executive, is suing the government, alleging that the terms of the 2008 … [Read more...]
Billionaire Tycoon Says “Three-day Work Week Will Happen”
The world’s richest man reiterated his belief that the world will eventually adopt a three-day work week, though he isn’t sure when this workforce transformation would take place exactly. Carlos Slim, Mexico’s $83 billion telecommunications tycoon, recently spoke with CNN Money … [Read more...]
Letter of Comment