Stocks close at more than 1% after Fed statement

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…

What a World Series ticket will cost you right now

Baseball’s World Series starts on Tuesday night if you are one of the unlucky fans that could not get tickets through the teams, your going to feel it hit you in the wallet if you want to go to a game. For those not in the loop, The New York Mets…

This store won’t be open to shopper on Black Friday

When it comes to shopping in the U.S., Black Friday is the day that focuses on deals, shopping and retail sales. It’s the biggest day for shopping hands down in the U.S. and in fact has become a tradition with a cult like following. While most agree the shopping tradition…

Will Halo 5 be a win?

The latest version of Microsoft’s $4.6 billion video game franchise, “Halo 5: Guardians” launches around the world today. For industry insiders this is a particularly important release because it’s part of Microsoft’s most valuable game franchise. Plus it cost a reported $100 million to produce the game. “Halo 5” is exclusive…

New home sales drop to near one-year low in the U.S.

New single-family home sales in the U.S. fell to near a one-year low this past September after two straight months of gains. This suggests a temporary cooling in the market for new houses as the country heads into fall. The Commerce Department said on Monday that sales have dropped to…

Health care premiums for 2016

This morning, many logged online to check out their premiums for 2016 under President Barack Obama’s health care law. Sadly, they learned rates are going up. In 2006, rates are going up in much of the country as a new sign-up season starts this Nov. 1. It does not mean that…

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…

Have we reached the new “norm” for unemployment?

If economists are right, it’s going to take a lot less progress in the job market to get the unemployment rate to keep falling. Many are saying we’ve hit a leveling out point and might not see much for change for a while. If you’ve been following the steady decline in…

Consumer sentiment beats expectations

U.S. consumer sentiment came in at higher than expected for October, according to a report released on Friday. The Thomson Reuters/University of Michigan’s preliminary October reading on the index was at 92.1. That was much higher than the previous month’s reading which was 87.2 and Reuters’ estimates which were 89….

Here’s how Instagram could crush Twitter in 2 years

Instagram is about to get a whole lot of love from marketers. According to a new study by presented by eMarketer, the Facebook-owned social media platform will surpass Twitter in popularity for marketers in 2017. In the study, they saw that 88 percent of U.S. companies will use least one major…