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Bitcoin Derivatives Announcements Helps Boost Currency Value

Bitcoin Derivatives Announcements Helps Boost Currency Value

The digital currency bitcoin shot up in value by $7,000 for the very first time this week after already jumping up sevenfold on the year. In fact, this latest increase seems to be just par for course as the commodity has more than... 
Is Opioid Use Responsible for Decline in Labor Force?

Is Opioid Use Responsible for Decline in Labor Force?

The growing opioid epidemic in the United States continues to put a strain on the American workforce as new research shows that as many as one in five men of working age, in the US, drop out of the labor force because of drug use. New... 
Boosts From Boeing Still Couldn’t Keep US Factory Sector Out of Q3 Slump

Boosts From Boeing Still Couldn’t Keep US Factory Sector Out of Q3 Slump

The data is in and it looks like US made goods orders in US factories have fallen, a surprise after quite a flourishing month in the factory sector, led by Boeing aircraft sales and production. Indeed, orders in July fell by 3.3 percent... 
US Court Orders Well Fargo to Deepen Account Scandal Investigation

US Court Orders Well Fargo to Deepen Account Scandal Investigation

Several months ago a court found that Wells Fargo employees had opened fake accounts in the names of existing customers in order to satisfy certain activation quotas. With this ruling, the bank, of course, had to refund customers fees... 
Dow and DuPont Agree On Merger Parameters

Dow and DuPont Agree On Merger Parameters

In December of 2015, Dow Chemical Company made an announcement of its plans to merge with the Wilmington, DE-based DuPont.  Apparently it has taken the two a little while (nearly two years) to reach an agreement, but they finally... 
Target To Launch Exclusive Line of “California Roots” Wines; For $5 a Bottle

Target To Launch Exclusive Line of “California Roots” Wines; For $5 a Bottle

The Millennial affinity for wines is, apparently, no laughing matter. Actually, it looks like it might be quite the enterprising opportunity for anyone willing to venture forth into the field; and it looks like Target might be throwing... 
Student Loans Are Helpful, But Only if They Pay For Themselves

Student Loans Are Helpful, But Only if They Pay For Themselves

The Federal Student aid program has helped to make higher education more accessible to more people but it also gives more people a major obstacle to overcome very early in life. The average student graduating high school right now... 
Amazon Slashes Prices at Whole Foods

Amazon Slashes Prices at Whole Foods

Whole Foods Market Inc is famous for its selection of organic produce and health-conscious product lines but the company is also notorious for high prices. This week, though, the latter may be less of an issue for shoppers as Amazon—who... 
Take A Walk With This App To Improve Your Health

Take A Walk With This App To Improve Your Health

Officials from Public Health England report that roughly 6 million middle-age people in England are putting their health at risk simply because they do not do so much as take at least one brisk walk per month. Government advisors in... 
Amazon Moving Forward With Whole Foods

Amazon Moving Forward With Whole Foods

Amazon has long been a dominant force on the internet; not just in terms of online shopping but, at least lately, as a technology company. The company has the great benefit, then, of technology at the ready when it comes time to innovate. And... 
US New Home Sales Down Nearly 10 Percent in July

US New Home Sales Down Nearly 10 Percent in July

Sales of new homes in the United States took a bit of an unexpected tumble last month, falling 9.4 percent to an annual rate of 571,000 in July. These are the numbers listed in the most recent Commerce Department report, revised down... 
Exxon Mobil Contracts Noble’s Drillship For Three Years

Exxon Mobil Contracts Noble’s Drillship For Three Years

Exxon Mobil Corporation has contracted Noble Paul Romano, a drill ship owned by Noble Corporation, at a daily rate that was not disclosed. The contract will run for three years with operations commencing in the first half of next year... 
US Food and Drug Administration Gives OK on New Pfizer Drug for Rare, Deadly Leukemia

US Food and Drug Administration Gives OK on New Pfizer Drug for Rare, Deadly Leukemia

Earlier this week, the United States Food and Drug Administration approved the new Pfizer Inc cancer drug, Besponsa (inotuzumab ozogamicin) for the treatment of adults who have relapsed or refractory B-cell precursor acute lymphoblastic... 
Wal-Mart Sees Margins Fall From Price Cuts and E-Commerce Investments

Wal-Mart Sees Margins Fall From Price Cuts and E-Commerce Investments

Wal-Mart Stores, Inc reported that price cuts and heavy e-commerce investments has contributed to lower quarterly margins. Investors shrugged at an increase in comparable sales—for the third straight year—to push shares down nearly... 
Toyota and Mazda Announce New Partnership and Plans for US Factory

Toyota and Mazda Announce New Partnership and Plans for US Factory

Early Friday morning, Toyota and Mazda confirmed plans to collaborate on a new $1.6 billion US-based assembly plant which create as many as 4,000 jobs. This is nothing new for Toyota, who already operates several factors across the... 
Dow Hits Significant 22,000 Milestone, But Is it Enough?

Dow Hits Significant 22,000 Milestone, But Is it Enough?

It has only been six months since Donald Trump took to the oval office of the United States but the occupation has caused a flurry of activity in the financial markets. Of course, that was not necessarily unexpected, but his constant... 
Amazon Surges Operations With 18-Month Hiring Spree

Amazon Surges Operations With 18-Month Hiring Spree

A lot of people in the United States are still looking for steady work. If you are not among that population then it is quite likely that you know someone who is. Over the next year and a half, though, roughly 100,000 of those people... 
JPMorgan Chase And PayPal In Deal To Expand Mobile Payments

JPMorgan Chase And PayPal In Deal To Expand Mobile Payments

PayPal and JPMorgan Chase have announced a partnership deal aimed at increasing the adoption of online payments. The deal will assist in widening the reach of the Chase Pay service, an app on mobile devices unveiled to increase the... 
Apple Pay Launches Massive Promotion In China

Apple Pay Launches Massive Promotion In China

Apple has launched its biggest promotional campaign for Apple Pay in China since the payments platform was introduced in the country several months ago. The promotion is slated to last one week beginning on July 18 and ending on July... 
Vertex Will Go Ahead with Promising New Cystic Fibrosis Drug Trials (VRTX)

Vertex Will Go Ahead with Promising New Cystic Fibrosis Drug Trials (VRTX)

Vertex Pharmaceuticals Inc (NASDAQ: VRTX) released new clinical findings that show how promising a new cystic fibrosis treatment could be.  The approach combats the condition, improving lung function by significant measure and improving... 
Will Your Student Loan be Completely Forgiven?

Will Your Student Loan be Completely Forgiven?

If you have some student loan debt over your head, you might be in for some good news. Apparently one of the largest owners of private student loan debt has lost some paperwork. And that mistake could erase approximately $5 billion... 
Visa Launches Cashless Challenge To Spur Electronic Payments

Visa Launches Cashless Challenge To Spur Electronic Payments

Visa has launched an initiative aimed at pushing small businesses into upgrading the digital payment technology that they use. As an incentive 50 small businesses based in the United States that show commitment to embracing a cashless... 
Single’s Day Is Bigger Than Prime Day ?

Single’s Day Is Bigger Than Prime Day ?

Though Amazon’s Prime Day sales event receives more attention and hype, the promotional sales holiday of Chinese online retail giant Alibaba generates more revenues by far. Single’s Day, as Alibaba’s promotional sales holiday... 
Alphabet X Launches Dandelion Energy Geothermal Residential HVAC System Development

Alphabet X Launches Dandelion Energy Geothermal Residential HVAC System Development

Dandelion Energy Inc is a new, home geothermal startup from the Google Parent Alphabet’s X Division. The company has just announced it has successfully raised $2 million in seed money to get its sales and operations department... 
Dow Jones Flat if Not Steady; Tech Stocks Drag

Dow Jones Flat if Not Steady; Tech Stocks Drag

The Dow Jones Industrial average traded just shy of break even numbers, today, with Chevron and Walt Disney, surprisingly, contributing the most losses. The 30-stock matrix sat mostly at these levels following the Federal Reserve’s... 
USDA Issues Recall Warning Over Bones Found in Frozen Chicken Bites (Made for Toddlers)

USDA Issues Recall Warning Over Bones Found in Frozen Chicken Bites (Made for Toddlers)

It has been a big year for recalls, unfortunately, from auto parts to food products. And today is no different; though today’s recall is of the latter category. Vernon, CA-based Overhill Farms Inc has issued a voluntary recall... 
Listeriosis Concerns Prompts [Another] Hummus Recall

Listeriosis Concerns Prompts [Another] Hummus Recall

Listeria recalls seem to have been greatly on the rise over the past few years and, today, it looks like this is a trend that is not going to change any time soon. In this incident, though, it is three brands of hummus produced from... 
Existing Homes Sales are on the Rebound

Existing Homes Sales are on the Rebound

Sales for existing homes, in the United States, increased by 1.1 percent in May; a surprising mark after such a decline in April. According to the National Association of Realtors, home prices may have improved a little even though... 
Nokia Signs Deal To Upgrade Spark’s Network Infrastructure

Nokia Signs Deal To Upgrade Spark’s Network Infrastructure

Nokia has revealed that it has signed a contract with Spark, a telecommunications provider in New Zealand, that will run for three years. The deal will involve upgrading both fixed-line and mobile network infrastructure of Spark. This... 
Amazon Buys Whole Foods Grocery Chain In $13.7 Billion Deal

Amazon Buys Whole Foods Grocery Chain In $13.7 Billion Deal

On Friday morning, Amazon (NASDAQ: AMZN) announced a knew deal—worth nearly $14B—as the e-commerce giant aims to buy the organic, all-natural food retailer, Whole Foods (NASDAQ:WFM). In this all-cash deal, the grocer will continue... 
Alphabet Sells Boston Dynamics To Softbank

Alphabet Sells Boston Dynamics To Softbank

Alphabet will sell two robotic units, Schaft and Boston Dynamics to the Japanese telecommunications firm SoftBank. Google’s parent company had acquired Boston Dynamics in 2013 but the robotic firm failed to fit in within the corporate... 
Apple To Launch A Peer-To-Peer Money-Transfer Service

Apple To Launch A Peer-To-Peer Money-Transfer Service

Apple has revealed that it will be unveiling a peer-to-peer money-transfer service which will allow users of the iPad, Apple Watch and the iPhone to send money electronically to each other using a text message. Other firms offering... 
Price Of Oil Inches Up Slightly As Glut Weighs Heavily On The Market

Price Of Oil Inches Up Slightly As Glut Weighs Heavily On The Market

On Monday the price of oil went up slightly as caution ruled the market as it increasingly becomes clear that the OPEC-led efforts to reduce supplies are being undermined by drilling activity in the United States. There was also subdued... 
Consumer Spending Hits Four Month High

Consumer Spending Hits Four Month High

The United States Department of Commerce says that numbers show that consumer spending is up right now, following a consistent rebound originally expected in April.  Through the first quarter, softer consumer spending was a big drag... 
Best Buy Posts Surprising High First Quarter Numbers

Best Buy Posts Surprising High First Quarter Numbers

Consumer electronics big box retailer Best Buy posted better-than-expected sales and earnings in its fiscal first quarter report, released Thursday. This, of course, helped to shake off any concerns that recently dubbed “retail apocalypse”... 
Two Companies Announce Massive Listeria Contamination Recalls

Two Companies Announce Massive Listeria Contamination Recalls

Food recalls as a result of listeria concerns seems to be somewhat common these days and today is no different. In fact, today we have two reports of potential listeria contamination. First, A company in Las Cruces, New Mexico has... 
United Airlines Admits Cockpit Door Access Codes Have Been Made Public

United Airlines Admits Cockpit Door Access Codes Have Been Made Public

United Airlines has recently made a statement regarding a discovery that some airplane cockpit door access codes could have been made public. In the official statement, the airline also assures that it does have a protocol in place... 
Cisco Acquires Mindmeld, An AI Startup, For $125 Million (NASDAQ: CSCO)

Cisco Acquires Mindmeld, An AI Startup, For $125 Million (NASDAQ: CSCO)

Cisco Systems (NASDAQ: CSCO)has disclosed that it is acquiring MindMeld, an artificial intelligence startup based in San Francisco, California, for $125 million. MindMeld becomes the third acquisition by Cisco this month. One of the... 
Nordstrom’s Earnings Rise As Comparable Sales Fall (NYSE: JWN)

Nordstrom’s Earnings Rise As Comparable Sales Fall (NYSE: JWN)

In its latest quarterly results, the bottom-line performance of Nordstrom (NYSE: JWN ) has proved to be stronger than what had been anticipated. Revenue, for instance, rose by 3% to reach a figure of $3.35 billion. This is in contrast... 
Comcast Set to Join Forces With Charter Communications (CHTR)

Comcast Set to Join Forces With Charter Communications (CHTR)

Comcast is already the largest cable provider in the United States, but the company is looking to expand its reach. This week, the cable giant has announced it is teaming up with another leader in the industry, Charter Communications... 
Whole Foods Gives Into Investor Pressure and Restructures Board (WFM)

Whole Foods Gives Into Investor Pressure and Restructures Board (WFM)

Whole Foods (NASDAQ: WFM ) may be known as the grocery store that costs 2-weeks pay every time you shop, but that doesn’t mean the company is doing well in this very unstable time. Indeed, with more and more consumers demanding... 
Will Congress Repeal or Pass Dodd-Frank Measures That Affect Card Transaction Fees?

Will Congress Repeal or Pass Dodd-Frank Measures That Affect Card Transaction Fees?

The United States Congress will be voting on a brand new bill that is aimed at replacing the Dodd-Frank bill, but first it will have to undergo a few edits. One controversial provision of the bill, for example, might now be omitted:... 
Facebook And Google Lose Millions Of Dollars In An Elaborate Phishing Scheme

Facebook And Google Lose Millions Of Dollars In An Elaborate Phishing Scheme

It has been confirmed that Facebook and Google were victims of a phishing scam in which they lost over $100 million. The scam had earlier been reported in March by the U.S. Department of Justice after the arrest of a man who was said... 
Next iPhone Likely To Be Delayed Due To Production Hiccups

Next iPhone Likely To Be Delayed Due To Production Hiccups

An analyst at KGI Securities, Ming-Chi Kuo, has revealed that there will be delays in the production of the next iPhone. Instead of the traditional mass manufacturing period occurring in the months of August to September, the volume... 
With 100 Gigafactories, Tesla Could Save The Planet And Avert Energy Crisis

With 100 Gigafactories, Tesla Could Save The Planet And Avert Energy Crisis

In a meeting with the Oscar award-winning actor, Leonard DiCaprio, the chief executive officer of Tesla, Elon Musk has revealed that it would take about 100 gigafactories to equip the world with a capacity to fully transition to sustainable... 
Amazon Offering Numerous Part-Time Positions As Hiring Plans Gather Pace

Amazon Offering Numerous Part-Time Positions As Hiring Plans Gather Pace

Amazon has disclosed that it has 30,000 part-time positions available in the United States. The online retail giant expects to fill the positions in the course of the coming year. This will form part of the hiring spree that was announced... 
Vulto Cheese Issues Multi-State Recall of Raw-Milk Cheese In Listeriosis Scare

Vulto Cheese Issues Multi-State Recall of Raw-Milk Cheese In Listeriosis Scare

In Europe, raw milk cheese is a big part of the culinary tradition. In the United States, of course, this type of product is more uniquely regulated state-by-state. Obviously, raw-milk advocates in the United States argue that pasteurization... 
Trump’s National Trade Council Adviser Warns That Food Supply Takeover is National Security Threat

Trump’s National Trade Council Adviser Warns That Food Supply Takeover is National Security Threat

The head of US President Trump’s National Trade Council, Peter Navarro, is quite suspicious about America’s place in the global economy. This week he has offered quite the bleak outlook on the future of American economics,... 
Will Alzheimer’s Disease Be the Financial Straw that Breaks the Medicare Camel’s Back?

Will Alzheimer’s Disease Be the Financial Straw that Breaks the Medicare Camel’s Back?

According to data in the annual report from the Alzheimer’s Association, one American will develop Alzheimer’s disease every 66 seconds in 2017. By 2050, the report says, the number will double—so one new diagnosis every... 
US Trade Gap Hits 5-Year High

US Trade Gap Hits 5-Year High

The numbers are in and it looks like the US trade deficit shot up in January to reach its highest level in roughly five years, mostly on the heels of more success from mobile phones and other consumer goods that increased America’s...