For something proposed as a peace offering, this McWhopper idea from Burger King sure seems to be escalating the burger wars. Last night, Denny's blitzed its Twitter, Facebook and Instagram accounts with the proposal to partner withShow More Summary
It's a good thing Republicans, at least in theory, take a hands off approach when it comes to the economy (they actually don't, but let's pretend) because they "haven't a clue": Crash-Test Dummies as Republican Candidates for President, by Paul...
SUSAN WALSH/ASSOCIATED PRESS Federal Reserve Vice Chairman Stanley Fischer speaks during a meeting of the Board of Governors of the Federal Reserve System at the Federal Reserve in Washington, Wednesday, Oct. 22, 2014. Is the Federal Reserve going to raise interest rates next month? Fed Vice Chairman Stanley Fischer just said on CNBC that the […]
If China can fake anything, even a chain of Apple Stores, Goldman Sachs shouldn't be too surprised to find it isn't off-limits. That's right — the Goldman Sachs has found its doppelganger in China, except it has nothing to do with the New York-headquartered investment banking firm. Show More Summary
The National Labor Relations Board ruling from Thursday will redefine how you do business. Here's what to expect.
With stock markets around the world going bonkers this past week, analysis has inevitably turned to how this will affect Silicon Valley. This is a natural instinct, because many of us became conditioned to use things like IPOs and stock options as barometers to measure the ups and downs of Silicon Valley. A good example, but not […]
Avid Life Media CEO Noel Biderman is no longer working at the company. His departure comes after subsidiary site Ashley Madison suffered a major hack and leak of its internal data. Here’s the full statement from Avid Life Media: Effective today, Noel Biderman, in mutual agreement with the company, is stepping down as Chief Executive Officer of […]
For many reasons, it looks like 2015 will go down as one of the most memorable years in sports, especially if women’s tennis star Serena Williams wins this year’s U.S. Open to complete her historic Grand Slam run. Only two women have ever won all four major tennis tournaments over the [...]
A propped-up Chinese stock market logged a second day of gains but the action may not be enough to soothe jittery investors across major markets, especially with the Federal Reserve powers gathering at a fortuitous time (although they may not see it that way). It’s not surprising that Friday stirs [...]
JACKSON HOLE, Wyo. (Reuters) - Recent market turmoil should not delay the Federal Reserve from raising U.S. interest rates at least once, given that the selloff and a slowdown in China have so far had little effect on the U.S. economy, a top Fed official said on Friday. Show More Summary
JACKSON HOLE, WYO. -- The Federal Reserve has drawn plenty of critics in the years since the financial crisis. But it’s a good bet nobody guessed one of the founders of Facebook would be among them. Dustin Moskovitz and his wife, Cari Tuna, have become billionaires since he started the behemoth social networking site with […]
Last week's massive, marriage-straining data dump shows remarkably few women browsed Ashley Madison, the recently hacked dating site that promises to facilitate steamy affairs. About two-thirds of male users, or 20.2 million, had checked...Show More Summary
Hang Seng reverses early gains amid concerns over mainland economy.
Overnight's start attraction was as usual China's stock market, where trading was generally less dramatic than Thursday's furious last hour engineered ramp, as stocks rose modestly off the open only to see a bout of buying throughout...Show More Summary
The Obama Administration will make an announcement later today that will establish a new flexible hybrid electronics manufacturing innovation hub in Silicon Valley. More than $171 million will be invested into this “manufacturing innovation institute” and marks the first time such an organization is headquartered in the West Coast. Show More Summary
Two weeks after the New York Times’ expose on brutal working conditions at Amazon, the story of Julia Cheiffetz is going viral. Julia is a former Amazon employee who had a baby and cancer during a two-year stint at Amazon. As one might imagine, she paints a dystopian picture similar [...]
I am sure in the past week many of you have had buyers or sellers voice concern over the state of the real estate market in relation to the stock market challenges as many people are sensitive to stock market fluctuations. While there is no disputing that China is experiencing a market correction which has […]
Asian stocks rose Friday, as Thursday gains in China's stock market and a rally in the U.S. eased concerns that China's slumping economy would seriously impact global growth.
BOSTON (Reuters) - Hedge fund mogul William Ackman's Pershing Square Holdings portfolio fell 13.1 percent this month, leaving the fund down 4.3 percent for the year, the firm said on Thursday. The performance numbers cover returns through Tuesday, Aug. Show More Summary
Monday's action on Wall Street was too much for the Fed. That day, Atlanta Federal Reserve President Dennis Lockhart pulled back his previous dedication to a September rate hike earlier, reverting to only an expectation that rates rise...