Making money as the Fed raises rates won’t be easy
Since 1990, the Fed raised rates starting in 1994, 1999 and 2004. But those years marked the beginning of long periods of rate increases. Most experts see this rate rise…
Category: Business
Fifty Shades of Grey sex toys hit stores like Target
Fashion retailer Hot Topic sells tights with the Christian Grey’s signature sign off “Laters, baby,” written on them. And on Etsy, you can find plenty of t-shirts that say things…
Netflix is king of content, but don’t ignore the risks
So what’s next? The company has already promised even more original shows in the years to come. And it looks like it’s found a way to pay for it too….
Wal-mart, Target and others under fire for selling bogus supplements
Related: Hedge fund manager cries over Herbalife – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by…
Greece tones down its debt demands
Greece’s new finance minister Yanis Varoufakis told the FT he wants to request a “menu of debt swaps” to ease the burden on Greece. Athens also hinted at asking for…
Croatia wipes out debts for 60,000 people
The program is designed specifically for households that made less than 2,500 kuna ($370) over the last three months and meet other financial criteria. – Most stock quote data provided…
American whiskey popularity grows overseas
Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar:…
Sex, drugs and murder in oil country
Related: Oil boomtown could see 20,000 layoffs by June With all that expensive oil field equipment around, theft is a big issue. One company recently had a forklift stolen right…
BP Posts Net Loss of $4.4 Billion in Fourth Quarter
With the price of crude oil plummeting, why some countries are faring much better than others. LONDON — BP on Tuesday reported a net loss of $4.4 billion in the…
Mysterious ‘Apple Electric Car, Inc.’ files for patent
Purcher noted in this blog that the granted patent might have been acquired by another company, because one of the inventors listed on the patent has no connection to Apple…
OPEC leader sees oil prices shooting back to $200 a barrel
Underinvestment leads to a shortage: The Secretary-General said that, “if you don’t invest in oil and gas, you will see more than $200” when it comes to future oil prices….
Ad revenue expected to drop more at the New York Times
“This is tricky territory, but some of the best news organizations in the world have already navigated it,” Baquet said. – Most stock quote data provided by BATS. Market indices…
Silk Road founder’s parents speak out
Kirk: It was like a bomb went off in the house. We had no idea anything like that was coming. CNNMoney: Tell me about the Ross you know. Lyn: Ross…
Apple to build $2 billion ‘command center’ in Arizona
Related: Billionaire Carl Icahn calls Apple investment ‘no-brainer.’ Related: Tim Cook’s Apple is hot. But can it keep going?
S&P to pay $1 billion to settle U.S. charges about ratings on mortgage securities
S&P had initially argued that the lawsuit lacked merit and suggested that the government was acting in retaliation for downgrading the United States credit rating in 2011. The ratings agency…
K-cup ‘Freedom Clip’ lets you brew unauthorized coffee
A spokeswoman from Keurig Green Mountain disputed the notion that it doesn’t offer choice, noting that more than 400 different beverages from 60 brands are authorized for the Keurig 2.0…
Oil refinery strike negotiators back at the table
ExxonMobil (XOM), which has employees covered by the nationwide contract, said it won’t comment on negotiations but that it wants to reach a deal “to allow us to operate safely.”…
Uber to develop self-driving cars
But the Wall Street Journal, also citing an anonymous source, batted that notion down, calling Bloomberg’s report “blown out of proportion.” The Journal said that the app Google is developing…
Caddies to PGA: Stop treating us like second-class citizens
Caddies are experts on golf courses, and a good caddie can mean the difference between a loss and a win. The complaint says “caddies also serve as coaches, strategists, general…
Girl Scout cookies just got more expensive
They’re not the first to sell boxes for $5 either. Girl Scouts of Northern California did so last year. And despite all the hooting and hollering, the Girls Scouts don’t…
Your chocolate bar is getting smaller
“Won’t be able to call it a family block anymore. We are a family of five and we will be lucky to get three pieces each,” said Cheryl Woodlands. –…
Disney’s profits keep on their hot streak, earnings beat expectations
During a call with analysts, Iger made a point of noting that the company has 11 franchises that will generate $1 billion in retail sales this year. – Most stock…
India Moves to Increase Bank Lending
HONG KONG — India’s central bank said Tuesday that it would allow commercial banks to hold less money in reserve, and Australia’s central bank cut rates to an record low,…
How many funds is too many for your retirement portfolio?
I don’t want to set a specific limit to the number of funds you should havefive, six, seven or whatever. But once you’ve got a diversified core portfolio, any extra…
Geolocate your keys — or your cat
Users take a picture of each item and assign each tag a name in the app. Then, affix the tag onto the item. Next time it’s missing, just open up…
Oil shock: More energy firms slash spending
Last week, Royal Dutch Shell said it was scaling back its planned capital investment by $15 billion over the next three years. Chevron (CVX) said it would trim spending by…
IRS says it’s using technology from JFK’s time
“It’s like driving a Model T that now has a great GPS system and wonderful sound system, [and] has a rebuilt engine,” he said. Part of the problem: All the…
McDonald’s tried to turn Chipotle into another McDonald’s
Related: 5 stunning stats about McDonald’s Chipotle refused to take advice from the industry leader on other weighty issues. – Most stock quote data provided by BATS. Market indices are…
Corinthian students get $480 million in debt relief
Corinthian’s tuition is expensive – a bachelor’s degree can cost as much as $75,000. Federal loans won’t cover such high tuition, so students often had to take out private loans….
Staples, Office Depot In Advanced Merger Talks: WSJ
Feb 3 (Reuters) – Office-supply chains Staples Inc and Office Depot Inc are in advanced talks to merge, the Wall Street Journal reported, citing people familiar with the matter. The…