The Chicago Times’ Malcolm Berko recently discussed the upcoming economic changes, as well as how they will be influenced by the next president. DL, a reader from Vancouver, asked: “What is your opinion of our economy for the next couple of years, and what do you think will happen to stock prices if Congress allows… Continue Reading
As the uproar from its recent IPO dies down, Facebook is facing some fresh challenges. For one, the IPO did not advance as well as planned, with the FB stocks already sliding in the market. Though analysts maintain positive outlooks for the stock’s long-term ratings, investors are generally concerned about the company’s ability to continue… Continue Reading
A new found sense of optimism has hit the international markets, after Spain sought assistance for its ailing banks. Asians stocks and the euro both saw an upsurge and China’s exports jumped in May from a year earlier. As analysts at Credit Agricole CIB in Hong Kong said, ‘‘Market sentiment has improved on the back… Continue Reading
Since 2009, the private sector has been a source of hope and relief for the U.S. economy. Business investment boosted the original rebound; so much so that many began to consider corporate America to be the key to keeping the economy alive. However, the situation is headed for a major change. In the past, businesses… Continue Reading
Jobs in the business sector are undeniably some of the best out there today. In fact, six of the top twenty careers are business-related, according to a list from U.S. News. The Best Jobs of 2012 include: Meeting, Convention and Event Planner Sales Representative Accountant Receptionist Financial Adviser Customer Service Representative HR Specialist Insurance Agent… Continue Reading
IHS iSuppli, the market research company, recently announced the Netflix has pushed past Apple to become the leading online movie provider in the United States. Back in 2011, Netflix’s market share rose to 44%, from less than 1% only a year before. Apple, on the other hand, recorded a major loss, falling to 32.2% from… Continue Reading
As finance ministers across the globe rally to discuss the flailing economy, Australia’s central bank is cutting interest rates in an effort to boost confidence throughout the nation. The country’s overseas outlook is relatively bleak, and local growth is slow as well. The Reserve Bank of Australia has minimized its cash rate to 3.5%, 25… Continue Reading
The U.S. economy’s recovery has been disappointing thus far, and recent data has foreshadowed a potential slump as the global situation worsens. Payroll averages have fallen since last year, while the Labor Department’s recent report reveals additional instability. Macroeconomics Advisers’ Joel Prakken explained: “The sharpness of the deceleration seems consistent with other incoming data suggesting… Continue Reading
The latest U.S. Labor Department report has revealed that America’s economy continues to grapple with economic complications despite previous predictions. Unemployment rates throughout the nation climbed a tenth of a point last month, while employers only managed to add 69,000 jobs, though experts projected more than double that. Payroll has also fallen, with 49,000 jobs… Continue Reading
Business Day Live reviews the current economic situation in lands both near and far, revealing that RIM, the BlackBerry maker, has projected additional, significant losses. The company now struggles with tough decisions on whether to continue at its current pace, share, or just sell as its stock falls in value. Potential investment inclinations are marred… Continue Reading