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Ukraine Hyperinflates

``Using this figure and black-market exchange rate data... I estimate Ukraine's current annual inflation rate to be 272 percent -- and its monthly inflation rate to be 64.5 percent. This rate exceeds the 50 percent per month threshold...Show More Summary

Rand Paul Wins CPAC Straw Poll, Fatal LAPD Shooting Caught on Camera, Rise of the Private Police: A.M. Links

52 minutes agoNews : Reason

Sen. Rand Paul took op honors in the Conservative Political Action Conference's straw poll, seen as something of a barometer of GOP support for potential presidential candidates, with 25.7 percent of the vote. Second place went to Wisconsin Gov. Show More Summary

Fallout for Lumber Liquidators after "60 Minutes" investigation

Lumber Liquidators is trying to rebound on Wall Street after its stock plunge. Shares of the hardwood flooring retailer fell more than 20 percent when the company's CEO admitted it was the subject of a "60 Minutes" investigation. Anderson Cooper's report showed alarming levels of toxic formaldehyde found in the Chinese-made laminate flooring. Show More Summary

Personal Income increased 0.3% in January, Spending decreased 0.2%

The BEA released the Personal Income and Outlays report for January: Personal income increased $50.8 billion, or 0.3 percent... in January, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased...Show More Summary

Apartment rates in North Dakota collapse as oil boom goes bust

2 hours agoNews : The Raw Story

WILLISTON, N.D. (Reuters) – It is getting cheaper to rent an apartment in North Dakota’s oil patch. Prices, which only last year rivaled levels in New York City and Geneva, have slipped about 15 to 20 percent in the past two months as dozens of new apartment buildings opened in...

SDG&E Landscaping to Slash Water Use 40%

San Diego Gas & Electric expects its new water-wise landscaping project at Century Park, its Kearny Mesa headquarters, to save the utility more than 4 million gallons of water a year, a 40 percent campus reduction. Previously, SDG&E’s landscaping at Century Park was 71 percent turf that required irrigation and regular maintenance. The existing landscape […]

Reality hits North Dakota's pricey apartment market; rents drop

3 hours agoNews : The Newsroom

By Ernest Scheyder WILLISTON, N.D. (Reuters) - It is getting cheaper to rent an apartment in North Dakota's oil patch. Prices, which only last year rivaled levels in New York City and Geneva, have slipped about 15 to 20 percent in the past two months as dozens of new apartment buildings opened in Williston, Watford City and other oil hub cities. Show More Summary

Rae Catanese: ’80 percent of my leads come from my real estate blog’

"I have more than 480 articles since I started blogging in 2006," says Catanese. "All of my articles pertain to my market, and most of them come from questions that buyers and sellers have asked me. I answer their question, and there's my blog post. "...

US All Set to Line Up Lethal Aid to Ukraine – Saakashvili

The decision to supply American lethal defensive weapons to Ukraine is ready by 99 percent, 112 Ukraina television channel reports.

Americans say keep politics out of the Fed

8 hours agoNews : The Newsroom

By Michael Flaherty WASHINGTON (Reuters) - Most Americans don't know who runs the Federal Reserve, but they do believe that elected officials should stay out of its business, according to a Reuters-Ipsos poll.     Just 24 percent of those polled said Congress should be allowed to have detailed oversight of the Fed, the poll shows. Show More Summary

Roads, rail links, power plants to spur Kenya’s growth to 7%

Kenya’s drive to improve rail, roads and power plants would help spur economic growth to 6.9 percent in 2015 and 7 percent in coming years, its finance minister said on Friday. ||| Nairobi - Kenya’s drive to improve rail, roads and power...Show More Summary

Germany: VW lifts profit, to pay dividend

German carmaker Volkswagen says after-tax profits rose 21 percent for last year, to e11.1 billion. ||| German carmaker Volkswagen says after-tax profits rose 21 percent for last year, to e11.1 billion (R145bn). The maker of Volkswagen,...Show More Summary

Startups With Shorter Names Are More Likely to Succeed, Study Finds

Writing a recipe for startup success is like trying to bottle lightning. Estimates, after all, put the startup failure rate as high as 90 percent; there’s a reason “fail fast, fail often” is a Silicon Valley mantra. Several years...Show More Summary

The ‘connected car’ is creating a massive new business opportunity for auto, tech, and telecom companies

By 2020, 75 percent of cars shipped globally will be built with the necessary hardware to connect to the Internet.

Wells Fargo Puts a Ceiling on Subprime Auto Loans

Fearing increased risk and slipping standards, Wells Fargo will keep new subprime car loans to no more than 10 percent of its total auto loans.

iOS, Android dominate smartphone market with 96% combined stake

Apple and Google have all but destroyed the competition in the smartphone space, with the two companies' flagship mobile operating systems -- iOS and Android -- combining to power 96.3 percent of the smartphones shipped in 2014, new data indicates.

Why Do So Many Millennials Live With Their Parents? Two Theories: Marriage and Debt.

Last year, even as the job market picked up speed, the fraction of 25-to-34-year-old Americans living with their parents stayed stuck at record highs nearing 15 percent, according to the Census Bureau. Seems odd, right? After all, millennials have been moving home in historic droves mostly because of the weak economy, haven’t they? Maybe not. Show More Summary

People, negative nominal interest rates aren’t just for Paco

Euro area negative-yield bond universe expands to $1.9 trillion How are things in Denmark?  Here is Eva Christensen’s loan: And then she was told again about her interest rate. It was -0.0172 percent — less than zero. While there would be fees to pay, the bank would also pay interest to her. It was just […]

DeAndre Jordan practices free throws by trying to bank them in

This seems not ideal. DeAndre Jordan's free throw struggles have been a major talking point this season: He's shooting a dismal 41 percent from the line, but he's so good at everything else -- shooting 72 percent from the field, averaging...Show More Summary

Rand Paul wins this year’s Republican CPAC Straw poll, beats out Scott Walker

Sen. Rand Paul won the Conservative Political Action Conference straw poll Saturday for the third year in a row with 25.7 percent of the vote, according to the USA Today. Saturday’s CPAC straw poll ended the conference in Maryland where Republicans tried to determine the best way to win the presidency in 2016. Show More Summary

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