Let’s be honest! At one time or another in our lives, each and every one of us has pondered over the idea of becoming extremely rich. For most of us, it has been in our twenties. This is the time of our lives when we are extremely hooked by the idea of becoming a billionaire. […]
Finance
Latest News
How Many Jobs Will Self-Driving Trucks Eliminate?…
The jobs of as many as 3.1 million U.S. truck drivers are at risk as autonomous (self-driving) technology for the big rigs continues to be developed. That’s about 2% of the total current U.S. workforce. The switch won’t happen immediately, but slowly over the next decade or so, according to a report from Goldman Sachs […]
Uber Shortchanged New York City Drivers by Nearly $45M…
Uber Technologies Inc. on Tuesday said it mistakenly underpaid New York City drivers for the past 2½ years, an error that will likely cost it tens of millions of dollars. It is the second time in three months the ride-hailing company has acknowledged it deprived workers of their proper earnings. Under the terms of its […]
OMB Director Mick Mulvaney Highlights Key Details in FY18 Proposed Budget…
President Donald Trump’s Budget Director Mick Mulvaney goes over the highlights of Trump’s proposed $4.1 Trillion budget…
Related
Nearly 740k Foreigners Overstayed Their Visas Last Year…
The U.S. Homeland Security Department says nearly 740,000 foreigners who were supposed to leave the country during a recent 12-month period overstayed their visas. The count released Monday includes people who arrived in the U.S. by plane or boat but does not include ground border crossings. Countries with the highest visa overstays during the period […]
Bill Introduced Allowing Cancellation of over $1T in Student Debt Through Bankruptcy…
Bankruptcy is like the ultimate get out of jail free card. You just get to wipe the slate clean, and even though your credit score and ability to borrow might suffer, you are free from all your previous obligations. But student loans have long been exempted from being erased by bankruptcy. If this bill passes […]
U.S. Auto Sales Drop for Four Straight Months…
Probably the main observation from my Chicago trip was the seemingly huge mismatch between the purveyors of high quality goods at amazingly reasonable prices presented with all the élan the marketing geniuses can muster and the lack of shoppers buying these offerings. There is something definitely weird about the economy that does not seem to […]
Ford to Reportedly Slash Global Workforce by 10 Percent…
Ford Motor Company is reportedly planning to cut about 10 percent of its global workforce in order to help increase its stock price, sources told The Wall Street Journal. The paper reported on Monday that the company is expected to outline its plan as early as this week. The move is reportedly part of the […]
Expansion of H-2B Work Visa Program Hits DHS Roadblock…
The 2017 omnibus funding law directs the agency to provide up to 70,000 extra H-2B visas for foreign lower-cost blue-collar workers — but the funding law does not set any deadline for the agency to create a process to consider granting the extra visas, says an agency spokesman. “There is nothing [in the law] that […]
Oil Jumps As Saudis and Russians Agree to Extend OPEC Deal into 2018…
What Saudi Arabia’s Oil Minister said in March will not happen, has happened: in a joint statement, Khalid al-Falih and his Russian counterpart Alexander Novak said that OPEC and Russia have agreed to extend the oil production cut deal struck at the end of last year until March 2018. The news immediately sent prices higher, […]
Here’s Why You’ll Pay Higher Gas Prices Whatever the Market…
The average gasoline tax in the U.S. is 49.5 cents per gallon, according to data from the American Petroleum Institute. That’s not too bad as far as averages go, but it has been climbing over the last five years and it will continue rising as states lose hope that the federal government will chip in […]
Global Fatcats Urge More Carbon Pricing, Climate Policy Continuity…
The Institutional Investors Group on Climate Change, whose members control eighteen trillion dollars in assets, has urged the world’s governments to shovel more taxpayers’ money into their pockets…
4th Win: U.S. Pharma Johnson & Johnson Loses $110M Talc Cancer Case…
A court in St. Louis, Missouri has ordered the US pharmaceutical company Johnson & Johnson (J&J) to pay over $110 million to a Virginia woman, who claims she developed ovarian cancer after decades of using its talcum powder. The verdict is the largest for J&J among nearly 2,400 current lawsuits accusing the company of insufficient […]
A Fool’s Errand: Al Gore’s $15T Carbon Tax…
Al Gore wants to reverse modernity and save the world from itself through an elimination of its fossil-fuel-based energy system. During the final week of April, his newly created Energy Transitions Commission released a document setting forth a fool’s-errand pathway to “decarbonize” the world’s energy system. If this sounds familiar, it is. Gore’s plan features […]
Canadian Political Pressures Force Trudeau’s Hand on U.S. Trade Disputes…
Canada escalated a trade dispute with United States by making threats Washington called inappropriate in part because Prime Minister Justin Trudeau is under pressure to secure support in a key region ahead of the country’s 2019 elections. Washington last month slapped tariffs on timber imports, prompting Trudeau to say he was considering a ban on […]
Aetna Abandons Obamacare Totally: See You in September?…
Health insurer Aetna Inc said on Wednesday it will exit the 2018 Obamacare individual insurance market in Delaware and Nebraska – the two remaining states where it offered the plans. Aetna had already said it would exit the individual commercial market in Virginia and Iowa, after pulling out of several other states last year. Aetna […]
Related
IMF REPORT: U.S. Corporate Debt Could Be Trump’s Waterloo…
As U.S. equity markets continue to price to perfection a grab bag of promised corporate giveaways from their Best Forever Friend, President Donald Trump, a group of researchers at the International Monetary Fund (IMF) had the temerity to ask last month – what could possibly go wrong. In their April 2017 “Global Financial Stability Report,” […]
The Long, Hard, Unprecedented Fall of Sears…
In 1989, Sears Roebuck & Co. ruled America as its biggest retailer. It loomed over rivals from a perch high above Chicago, inside what was once the world’s tallest building—one bearing the company’s name. The fall from that height may finally be nearing an end. Over the course of almost three decades, the company experienced […]
Harvard Endowment Shopping $2.5B in Assets…
Harvard Management Company is seeking to sell off more than $2.5 billion of private equity, venture capital and real estate investments, Axios has learned from multiple sources. Cogent Partners, a unit of Greenhill & Co., is managing the process…
U.S. Oil And Gas to Contribute $1.9 Trillion to U.S. GDP by 2035…
Earlier this week, the American Petroleum Institute (API) released a study it had commissioned which claims that not only will production grow, but investment in oil and gas infrastructure will contribute between US$1.5 trillion and US$1.89 trillion to U.S. GDP by 2035, or between US$79 billion and US$100 billion annually…
Related
- « Previous Page
- 1
- …
- 140
- 141
- 142
- 143
- 144
- …
- 166
- Next Page »