Venezuela is Spiraling Downward Quickly

Have you seen the projected inflation rate in Venezuela? It is expected to increase 481% this year and by a staggering 1,642% next year. That’s right. Those numbers are correct. The report is from new estimates released Tuesday by the International…
Oil Prices Hit New High For This Year

U.S. crude oil prices jumped 4.5% to $42.17 a barrel, after Russian news agency Interfax reported the deal. However Russian agencies declined to comment on the news as did Qatar, which holds the rotating presidency of OPEC, the oil cartel.…
Will Robots Kill The Brick and Mortar Bank?

Innovation has made it possible for people to get their banking done without even having to walk into a bank branch. You can deposit checks using your smartphone or even send over cash to friends using Venmo. If you really want to be…
Google or Apple who should you be jumping on board with?

If you remember, Alphabet briefly inherited the biggest market cap crown back in early February. Since then, Apple has found new steam gaining about 20% since hitting its lows point for the year on February 11. Right now, Apple’s shares are up 4%…
Panama: Huge leak alleges elites hiding money

Today several major media outlets have posted the results of an investigation into the financial dealings of some of the rich and powerful, based on a huge number of documents that have been handed over by an anonymous source. The International…
Why Poor Families Pay More For Everyday Items

In a recent study from the University of Michigan’s Ross School of Business it seems that those that are at the poverty level are paying more for everyday items we all need. The study, which analyzed toilet paper purchases among…
Free Calls To Belgium from the United States

Many major wireless carriers are offering free calls and texts in and out of Brussels and parts of Belgium after the attacks there that killed 30 and injured over 100 on Tuesday. These are the companies participating: AT&T Verizon T-Mobile Sprint…
Free College for Detroit High School Grads

Starting this year there is a new incentive for kids to graduate from high school: any graduating high school senior who is accepted to one of Detroit’s five community colleges won’t have to pay a dime for tuition. It’s a…
Will the largest U.S. Coal Company Go Out of Business?

Peabody Energy is the world’s largest private-sector coal producer. They warned Wednesday that they may go out of business- the latest sign of the brutal conditions in the battered industry. In a regulatory filing the company said that ongoing losses and…