Oprah to aid Weight Watchers look for brand new leader after CEO resigns

CHICAGO (Reuters) – fat Watchers Overseas Inc stated its leader, James Chambers, will step-down after September after 3 years on-the-job, and board member Oprah Winfrey will help the dietary plan company seek out his successor. Source website link

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All major US interest rates and Federal Funds

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. This report came on the heels of a crucial meeting between…

Those Chocolate Bunnies Are Going to Cost a Little More This Year

Chocolate bunnies are getting more expensive this year. How could this be so? Blame it on bad weather and the rising demand in Asia that are pushing up prices of cocoa, a vital ingredient in chocolate making. The milk chocolate index (yes this is a real thing), which tracks prices of…

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 100,000 U.S. households over the course of seven years is…

Salary needed to afford a home in these 27 cities

Home buying can be a leap of faith for some. If you are looking to become a homeowner you don’t want to end up house poor or stuck in a situation where you owe more than the actual house is worth. Right now, to afford the national median home price…

Why aren’t more homes for sale?

Home values are increasing and most of the time that should be a huge incentive for people (including homebuilders) to put houses on the market and either upgrade or downgrade and save money. But that’s not happening. Instead, homebuyers are being picky and continue to compete for hard-to-find homes for…

Signs a recession could be coming

Stocks have gotten a slight lift lately in part from the many hopes that fears over a recession are overdone. That optimism could be a little premature. However, two key indicators are flashing warning signs: income tax withholdings and corporate profits. The withholdings data show taxes taken out of worker paychecks…

Investors are freaking out over European banks

The world once again is getting a bit nervous about the health of big banks based in Europe. Not only are bank stocks currently plummeting at what many feel is an alarming pace, investors are now making bets that some banks might even default on their debt should the global economy sink into a…

All Markets are Down, Where’s the Bottom?

Retail players are running for the exits, markets around the world are showing the strain and everyone is asking “where’s the bottom?” A lot of focus is on this weeks Federal Reserve meeting, but Janet Yellen is clearly in a tough spot. If she raises rates the markets are likely…