Liquidity vacuum: GE suffers most since 1987 Black Monday
Global manufacturing giant GE's stock plummeted on Monday and Tuesday on Wall Street in the absence of any major news affecting the company's performance. The plunge of over 20% eroded the stock value by $53billion. Chinese factor after the central bank slashed interest rate, again created fresh bout of fears that dampened that market sentiment and reversing the rebound on Tuesday.
Aug 26, 2015 9:56 AM EDT
Yes, What happens in China matters in your retirement plans
China's currency devalution, slowdown in growth, global exposure would make that what happens in the world's second largest economy will matter a lot in one's retirement plans as well. China's impact on global funds is significant and many emerging economies would also forced to devalue their currencies. This will affect one's retirement plans also.
FAA recorded almost 700 drones and aircraft near collisions
Drone flying has been a major problem for FAA because these unmanned aerial vehicles have no pemission to scour restricted areas and should not lift off more than 400 feet or within five miles of any airport.
Apple stock rebounds after Tim Cook's e-mail on China sales
Apple CEO Tim Cook issued a rare statement Monday allaying concerns over its business in China amid a slowdown in the world's second biggest economy. Investors responded positively, sending Apple's shares up sharply after a 13% decline.
Latest News
Uber to invest $1B in India after investing another billion in China
Uber is allocating $1 billion for India to expand its operations in that country and get 1 million rides every day within the next six to nine months.
Aug 26, 2015 3:46 AM EDT
Ex-US Treasury Secretary urges Federal Reserve to not make the 'Serious Error' of Raising Interest Rates
Ex-U.S. Treasury Secretary Larry Summers warns that the fierce sell-off on the global markets might lead to a very serious situation, and that the Federal Reserve’s plan to raise interest rates is a big mistake.
Aug 26, 2015 3:44 AM EDT
Intel Seeks to Improve Cloud Services from OpenStack with $100M Investment in Mirantis
Intel invests $100 million to Mirantis hoping to improve OpenStack, an open source cloud-based operating system.
Aug 26, 2015 3:42 AM EDT
Cavendish Kinetics to raise 36M for smartphone reception improvement with its new generation RF MEMS
Cavendish Kinetics raised $36 million to further develop smartphone reception technology. San Jose company Cavendish Kinetics successfully raised $36 million to develop their radio frequency micro-electro-mechanical system (RF MEMS), which could significantly improve smartphone reception.
Aug 26, 2015 3:41 AM EDT
Wall Street Experienced a Staggering 1,200 Unprecedented Emergency Freezes
The dramatic selling on Wall Street Monday triggered 1,200 unprecedented emergency halts on the stocks and exchange-traded funds.
Aug 26, 2015 3:39 AM EDT
A Survivor's Guide to the Market Crash: Don't panic
Analysts advise investors not to worry about ongoing market crash as it's only a correction after recording continuous growth of over 200 percent since economic crisis in 2009. The stock markets fell about 10 percent in the latest market downfall.
Aug 26, 2015 1:40 AM EDT
Ashley Madison hacking update: Victims experience hate crimes, extortion, and suicide
Hacks against Ashley Madison have rippled to various crimes directed towards the victims who were the users. The crimes ranged from extortion attempts to something as serious as suicides.
Aug 25, 2015 11:43 PM EDT
Chipotle to go on hiring spree; 4,000 people new jobs up for grabs on September 9
Chipotle invites talented individuals to become part of their company's success on their National Career Day on September 9 where they will hire 4,000 employees onsite.
Aug 25, 2015 11:27 PM EDT
Foreign trade, medium-sized entrepreneurs, and powerhouses are the key to a healthier UK economy
Since the European Union's economy is getting stronger, reports states that there are three key area that the U.K. government must consider; foreign trade, the mid-sized businesses and the powerhouses.
Aug 25, 2015 10:49 PM EDT
BT Group frustrated over unfair competition from US competitors
BT Group Plc is not happy with the way things are going regarding the competition because they could not get access to the giant telecom companies of Verizon and AT&T's network for a regular price rate causing them to charge customers more to offset the large fees they have to pay in return for carrying data over these wires.
Aug 25, 2015 10:43 PM EDT
Is crowdfunding a safe haven when markets suffer selloff?
The current turmoil across the global stock markets leaving more scope for crowdfunding. many start ups and potential investors are looking positively at crowdfunding option as it's difficult to raise money from the market.
Aug 25, 2015 4:49 AM EDT
How to Properly Handle Student Loans
What students can do to prevent student loans from taking control of their finances Student loans are some of the most challenging financial problems people will have to deal with.
Aug 25, 2015 4:45 AM EDT
Most Popular
Newsletters
Stay ahead in finance. Subscribe for expert insights, market updates, and investment strategies. Join our newsletter to secure your financial future.
Latest News
