Obama says wages are growing. They’re not
The usual trend is that as more Americans get jobs, wages rise. So far, that’s not happening. Even the most recent data available for the fourth quarter of 2014 shows…
Tag: mercantile
Microsoft to unveil Windows 10
No more Internet Explorersorta. Microsoft is expected to introduce a new, stripped down browser that has been codenamed “Spartan.” The new browser will ship with Windows 10, and it will…
When will Charlie Hebdo publish again?
Over the weekend the magazine’s top editor, Gerard Biard, said on NBC’s “Meet the Press” that some of the surviving staff members are still hospitalized in critical condition. – Chicago…
Obamacare website sends your data to private companies
But this doesn’t explain why these companies see your data in the first place. Federal health officials did not provide additional comment to CNNMoney on Wednesday morning. – Chicago Mercantile…
The Mooch: Deflation ‘Death Star’ firing lasers at the economy
“Erm, that’s kind of dramatic,” responded Harvard economic professor Ken Rogoff, trying to calm things down. But his words were hard to hear over the delighted laughter of the Davos…
30% of U.S. shale industry may vanish — Ross Perot Jr.
Perot’s comments come as a growing number of oil companies announce cuts to jobs, production and investment. BHP Billiton (BBL) announced Wednesday it was cutting its U.S. onshore rig operations…
Macau: China’s gambling mecca desperately needs to diversify
More than 80% of government revenue comes directly from the casinos. When the industry booms and tax revenue jumps, residentsmost of whom are employed in the businessreceive payouts from the…
NBC to offer free online streaming of Super Bowl
Related: NFL earns record profits despite ugly image NFL football is the most popular programming on television, with the Super Bowl regularly the most viewed show of the year in…
Hackers tweet ‘I am not Charlie’ from French newspaper account
– Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
This year’s State of the Union was Obama’s lowest-rated yet
White House officials sought to make the speech “go viral” by promoting policy proposal “spoilers” days ahead of time; by having Obama encourage tune-in through YouTube, Facebook and Twitter; and…
Oil tycoon Harold Hamm sells company for $3 billion
Related: Winners and losers of oil’s plunge – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
Jay Leno wades into Cosby controversy
However, instead of being edited, Buress’ act went viral, leading to the public getting its news without any filter. “Because somebody just filmed it and put it out there, you’re…
India to overtake China as world’s fastest growing large economy
Related: Why Paul Krugman is scared of China Even if it posts a faster growth rate, India will not approach China in terms of raw economic power. – Chicago Mercantile…
Jindal’s PAC takes on ‘liberal media’ in fight over ‘no-go zones’
Related: Paris mayor says she will sue Fox News The idea of “no-go zones” reached a fever pitch on Fox News following this month’s terrorist attacks in Paris. – Factset:…
Time to get your Starbucks (stock) again?
The departure story: Alstead was just promoted last January to COO from Chief Financial Officer, and became responsible for the company’s daily business. His departure comes right after Starbucks had…
Microsoft’s insane holographic vision of the future
In one scene, a woman wearing HoloLens needs help fixing her leaking sink. A man in another city sitting in front of a tablet sees what she is seeing, makes…
Swiss lesson: Currency trading isn’t for amateurs
Dangerous game: The fallout of the Swiss currency shock continues to reverberate around financial markets. Shares of FXCM plummeted over 87% on Tuesday, the first day they resumed trading since…
Russia: ‘Don’t call us losers’ over oil prices
The country would also diversify, he said, by seeking new customers in Asia as Europe tries to reduce its dependence on Russia’s natural gas supplies. Dvorkovich said the ruble’s plunge…
New year, same old problems for Europe
Draghi is a regular at the World Economic Forum. In a sure sign of a big policy move to come, he’s not planning to attend this year. However, if anything,…
QE alone can’t solve Europe’s problems
Economist Nouriel Roubini said Draghi’s QE program alone won’t be enough. “The risk is that we’re going to have a triple-dip recession,” Roubini said. “The problem in Europe is aggregate…
NBC Sports launches Tumblr just for Super Bowl ads
For sponsors, the exposure is most likely worth the heavy price tag. Last year’s game pulled in 111.4 million viewers which made it the most-watched TV broadcast in history. –…
Many spouses are cheating
The report is based on a survey of 1,000 adults living in the U.S. – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and…
Why airfares are sky-high when jet fuel is dirt cheap
Related: Delta Air Lines is saving $2 billion on fuel – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights…
Ukraine president says no room for negotiations with Russia
The sanctions left the Russian economy even more exposed to the collapse in global oil prices. Russian President Vladimir Putin remains defiant, despite the grim economic situation. Moscow has repeatedly…
Swiss tourism staring into the abyss
“Our foreign guests no longer know what they will be paying for their vacation in Switzerland at the time of booking, and such uncertainty makes the situation for the tourism…
China’s president makes … $22,000 a year?!
Even at his new salary level, Xi would have a tough time affording rent in Beijing. A quick look at current listings for the city show that 1,400 square foot…
This is why Obama is so concerned about the middle class
The middle class, meanwhile, has given up all the income gains it enjoyed during the tech boom of the late 1990s and the housing boom of the mid 2000s. This,…
Smith & Wesson surges over 15% as gun sales jump
While Smith & Wesson is now up nearly 20% for the year, it’s still trading well below its 2014 high. – Chicago Mercantile Association: Certain market data is the property…
Obama wants to cut 27 questions from the much-hated FAFSA
Related: This is why Obama is so concerned about the middle class Obama has previously tried different tactics to encourage more students and families to apply for federal student aid….
Americans don’t trust “all natural” food labels
Health factors didn’t influence older respondents’ purchasing decisions as much as they did younger ones: Generation Z (under age 20) and Millennials (21-34) showed the most eagerness to pay up….