Investing and Global Finance News

US Consumers Getting More Gas for their Buck

Since May this year the price of gasoline has been taking a nosedive. During the interim seven months the average price of a gallon of gas as gone down by one dollar. According to the Lundberg survey released on Sunday, gasoline is at the lowest price it has been in four years. Regular-grade gasoline is… Continue Reading

FBI Warns US Businesses of Dangerous Virus Threat

The US Federal Bureau of Investigation as issued a confidential warning those cyber-hackers could be targeting US businesses with malicious malware that could obliterate data and make it virtually impossible to recover. The five-page warning comes on the heels of confirmation that the FBI is indeed looking into last week’s break-in to the computer network… Continue Reading

Obama Easing Requirements for Talented Foreigners to Stay in USA

Students, aspiring businessmen and professionals can look forward to more lenient visa requirements from the US State Department as a result of immigration reform introduced by President Obama. Behind the reform: the desire to stem the brain drain of talented, productive individuals who are getting their educations in the US and returning to their home… Continue Reading

Economy Unsure of Where Its Heading

September inventory and sales figures are helping renew optimism in the economic recovery after August figures fed fears that the economy was entering another slump. August’s bad news was found in the miniscule 0.1 percent rise in business inventories. August’s tiny rise was the smallest in over a year. August sales also fueled skepticism with… Continue Reading

Business About to Boom in Cannabis Industry

Last week’s midterm elections not only favored Republicans in overwhelming numbers, but also said yes to the continuing trend to liberalize marijuana laws. Two additional states joined Colorado and Washington in permitting recreational use of cannabis, along with an overwhelming vote in favor in Washington DC. As more states come aboard the weed wagon, it… Continue Reading

World Trade Center Re-Opens in Lower Manhattan

Just a tad more than 14 years after the horrifying events of September 11, 2001, a new building has re-opened on the site of the destroyed Twin Towers. Also called the World Trade Center, the country’s tallest building stands at 104 stories and cost $4.22 billion to construct. The new tower is the centerpiece of… Continue Reading

Tesla Offers Sweet Deal on Model S Leases

In another burst of “out-of-the-box” thinking, Tesla Chief Executive Elon Musk wrote in a blog on October 25 that customers leasing the company’s new Model S electric car will have the option of returning the car within 90 days and have the remainder of their lease obligation nullified. This offer is for purchasers of cars… Continue Reading