The idea of the Fed hiking interest rates in December has pushed the dollar higher, and it is now looking like the euro reaching parity with the greenback is all but guaranteed. Many strategists however disagree on just how quickly that will happen and how much more the dollar can appreciate…
You may not have heard of it but Singles’ Day which was started in the 1990s and was commercialized by Chinese e-tailer Alibaba back in 2009 — is the biggest shopping day in the world. However many don’t even know about it. The day has become not only the world’s largest…
If you are not a believer that there’s inflation going on, you should look no further than the Girl Scouts. After many years of holding prices steady for their popular cookies, more Girl Scout councils are boosting cookie prices to $5 a box from the original $4 a box. The Girl…
In a recent report from outsourcing solutions firms Paychex and IHS this Tuesday, small business growth slowed for a third-straight month in October/ This marks the first three-month decline since early 2013. The Mountain region was the top-performing area in the month of October, while Washington state leapfrogged Texas to…
Bitcoin which is the world’s most popular digital currency, has been on a roll lately. The thing is — nobody is really sure why. Last January, it dipped well below $200 but now bitcoin traded at more than $410 Tuesday afternoon according to the CoinDesk Bitcoin Price Index. Why is that…
New mortgages for purchasing homes are flying out the doors these days, with the borrowers getting those loans having some of the highest credit scores ever. Finally, credit is favoring a smaller segment of borrowers, the result is that loan performance is the best in history right now. In recent reports,…
U.S. stock indexes finished with their strongest monthly performances in four years on today (10/30), even as they dipped for the day amid a mixed bag of earnings reports. For October, all three major indexes posted their biggest percentage increases since October 2011, with the S&P 500 rising 8.3…
In an article from Reuters, it has noted that Charter Communications Inc., said its acquisition of Time Warner Cable Inc., which is awaiting clearance from U.S. regulators, is now expected to close in the first quarter 2016, and not by the end of 2015 as planned. In this $56 billion deal which…
U.S. stocks closed up more than 1 percent, near session highs, on Wednesday October 28 after the October Fed statement gave investors more confidence in the possibility of a December rate hike. The Dow Jones industrial average closed up also at about 197 points after briefly falling 24.7 points after…