Two apps to help you get started investing

Are you looking to take the plunge into investing? There are some great new tools out right now to help you start off and get your feet wet. Although most basic investment accounts today have minimum requirements that are generally at least $500 that doesn’t have to stop you. There is a…

The Ferrari faithful boost IPO price to top of range

Ferrari NV priced its initial public offering at the top of expectations this past Tuesday, raising $893 million, as drivers who love the brand snapped up its shares alongside institutional based investors. Ferrari, who is controlled by Fiat Chrysler Automobiles has pulled out all the stops to market the company to the…

Apple bans data gathering apps

Did you know that 256 affected apps were made in China that were gathering data from your phone? These apps were available worldwide on the app store and were downloaded over 1 million times, according to app analytics service SourceDNA, which first discovered the problem. And now Apple bans data gathering apps….

Defense Spending: the full serve buffet will be a little less this year

The Pentagon is not really broke. The amount of money available just isn’t what it was before. Worst-case scenario, it will only have about $496 billion to spend this year. That is a huge amount of money, don’t get us wrong but that’s also less money than it used to have,…

Americans paid how much in taxes last year?

It appears that Americans are sending record amounts of cash to Uncle Sam in the form of taxes. The scary thing is Uncle Sam apparently still needs more money. It has been reported that taxpayers have paid a grand total of $3.25 trillion (that’s right) in taxes for the fiscal…

Yikes! Netflix is getting destroyed after earnings

Netflix has reported third-quarter earnings and it’s a big miss. Their earnings, per share came in at $0.07 on revenue of $1.74 billion and is missing expectations by a long shot. Then following these results, shares were down as much as 14%. But the company’s earnings webcast last week helped…

Scam Alert: New Chip Card Scams

Have you gotten one of the new EMV-Chip cards? There have been a recent slew of scammer driven programs that are trying to get information from innocent people just trying to update their cards. Thieves are sending out emails pretending they are your bank or a service hired by your…

Are you ready? Stocks are about to take the next big test

Corporate earnings season should pick up steam on Wednesday and that will be the next big test for stocks. Take note that big financials like Bank of America, Wells Fargo and BlackRock will report ahead of the opening bell, followed by  J.P. Morgan and their disappointing results late Tuesday. J.P. Morgan earned $1.32 per share,…

Is the ‘revenue recession’ getting worse?

When it come comes to this earnings season, the S&P 500 companies are expected to see profits drop by nearly 6%. It’s the top line of companies’ income statements that could actually be the biggest concern for all of us. Currently, third-quarter revenues are projected to fall to about 3.3%…

Are we closer to deflation that we think?

Much of the talk around Deflation these days is centered on the euro zone and parts of other emerging markets. However the bigger picture show the U.S. is dancing on the brink itself. It it wasn’t for a comparatively high inflation rate in the Western quadrant the truth is the U.S….