Even with the economy’s recent recovery, the threat of losing ones’ job is forever looming. In the past, infrequent restructuring and layoffs were the only things that an employee had to worry about, but that’s changed quite a bit. For instance, as companies continue to go through bankruptcies and downsizing, job security could very well […]
This week, retailers such as Macy’s, JC Penney and Kohl’s have reported mediocre results. They’ve blamed this on a variety of factors, such as delayed inventory shipments, bad weather and fewer international tourists, although overall Americans are spending less and less on clothes and home furnishings. Such a trend could hurt these companies’ businesses in […]
Earlier today, Penn State University, which develops sensitive technology for the US Navy, disclosed that Chinese hackers have been sifting through the computers of its engineering school for over two years. As one of the largest and most productive research universities in the country, Penn State offers a veritable treasure trove of technology that’s already […]
Wall Street just started the year on a low note thanks to concerns over Chinese growth that have continued to slam global markets. The Dow Jones Industrial Average dropped some 467 points, or 2.83%. The S&P 500 dropped 58 points, or 2.94%, while the Nasdaq Composite declined 138 points (2.92%). All ten S&P sectors were […]
In the debates last night, Donald Trump once again failed to bring fresh ideas on economic issues, which Americans seem to care about more than anything else. During the debate, CNN’s Dana Bash pushed the presidential hopeful on whether wealthy Americans should be receiving modest monthly payments from the government after they retire. The average […]
Last night’s Republican Presidential debate on CNN averaged at 18 million viewers, thanks in no small part to the can’t-look-away Donald Trump, making it the third-most-watched primary debate of all time. The two-hour debate was at the same time as hit drama “NCIS: Los Angeles” and the season finale of “The Voice”, and outrated both […]
Back in the spring, Marco Rubio’s pollster Whit Ayres laid out a potential harsh truth: for a Republican presidential nominee to win in 2016, they would need to capture 40% of the Latino vote. That is, of course, unless a candidate would get Reagan-like numbers among white voters. Although this seems somewhat shocking, it does […]
While most Republicans that show up on Sean Hannity’s program expect a friendly interview, some of Cruz’s supporters were upset with what they called an “awkward” encounter. Shortly before the pre-taped interview aired, Cruz’s director Brian Phillips suggested it might be the candidate’s last appearance with Hannity, who he said spent half the interview pushing […]
Oliver Bussmann, chief information officer at UBS, is stepping down from the role, a move that was announced internally earlier today. The memo didn’t say where Bussmann will be going, and he isn’t yet available for comment. A spokesman for the bank said that the company should be okay, as “technology innovation…isn’t tied to a […]
While it’s been a long, long time coming, the housing sector in the US is finally starting to look better, thanks to millennials and homebuilders, who are starting to produce more of the “starter houses” that young homeowners are demanding. This is the conclusion drawn from a new report yesterday, showing that more new homes […]
