Two young economists, Emmanuel Saez and Thomas Piketty have done their research when it comes to the disparities between the poor, middle class and wealthy of the world. Perhaps unknown to the public at large, they have received top recognition from their peers in their field. According to this academic pair, the wealthy have been… Continue Reading
Financial headlines continue their repetitive, three-year trend, stating once again that debt crisis turmoil and economic confusion have lowered Asian stocks on Monday. Benchmark oil fell to $102 a barrel, and though the dollar gained momentum opposite the euro, it lost value against the yen. The Nikkei also fell 1.4% to 9,502.95 as the yen… Continue Reading
Amazon has long been debated by internet shoppers as well as other businesses. Its empire is seemingly indestructible though, and so very few, if any, have moved to make a change. Now, however, a small company has stepped forward. “Amazon is squeezing everyone out of business,” said Educational Development Corporation’s Randall White. “I don’t like… Continue Reading
Helen Glutch, owner of one of the branches of the successful women’s fitness chain “Curves” in Citrus Heights, California explained that she is passionate about helping women be the best they can be. “We offer not only strength training and cardio workouts, but a fabulous weight loss program called Curves Complete. It’s about losing fat… Continue Reading
An unanticipated slowing of China’s economy resulted in one of the worst weeks for U.S. stocks this year. The top indexes all recorded losses, and Jim Sloan of Jim Sloan & Associates mentioned the link between the market and China’s news. Alan Skrainka of Cornerstone Wealth Management agreed, stating: “Everybody’s worried, and everybody’s unsure if… Continue Reading
It is always interesting to compare overall economic outlook and general business trends with trends in small businesses in rural settings. This year, with the prospect of a renewed recession hovering over the US economy, it is cheering to see that rural small business looks especially promising. Listed below are the leading five trends for… Continue Reading
With only a few months to go before Mark Zuckerberg takes Facebook into the world of publicly owned companies, the world’s largest social networking on-line tool has purchased Instagram for $1 billion. Promising that this type of purchase was not going to happen too often, Zuckerberg said that the acquisition of Instagram was “an important… Continue Reading
President Obama surprised a lot of people by choosing anthropologist and physician Dr. Jim Young Kim as the US contender to head the World Bank. His views on how to best develop economies, the mission of the World Bank, are not well-known; he is not a development scholar or a banker, or even an unofficial… Continue Reading
Home-based businesses have grown more popular ever since employment opportunities began flailing and work conditions reached sub-optimal levels. Though there are countless ways to earn money at home, the top eight most successful areas to get involved in are: Child care: The struggling economy and financial pressures have given this service a major boost. Parents… Continue Reading
Feelings may be mixed but many believe the U.S. economy is finally scaling the cliff after its plunge several years ago. Meanwhile, recession still looms in Europe and China’s economy is beginning to slow. According to the Bloomberg Comfort index, U.S. consumer confidence has reached a four-year high as the job market improves, stock prices… Continue Reading