Ukraine Hikes Benchmark Interest Rate to 30%

One year after suffering a full-blown economic collapse because of the intense conflict with the Russian Federation, the Ukraine government and central bank are attempting to find out ways to revamp the overall economy and financial markets as the hryvnia has lost most of its … [Read more...]

Amazon Continues to Innovate With New ‘Make an Offer’ Feature

Amazon introduced a new option Tuesday called "Make an Offer," a program that allows customers to bid for lower prices on more than 150,000 products sold by third-party vendors. The products range from fine art to rare coins, from sports memorabilia to entertainment … [Read more...]

Report finds regulation compliance costs businesses $1.86 trillion

Over the past several years, think-tanks and market-related organizations have released reports that have given the United States low grades when it comes to red tape, bureaucracy and the cost of complying with regulations. Following each session of Congress, Republicans and Democrats … [Read more...]

Study finds one-quarter of millionaires are millennials

"Millennials are the first in the modern age to have higher levels of student loan debt, poverty and unemployment, and lower levels of wealth and income than their two immediate predecessor generations," a recent Pew Research report on the group stated. Perhaps the life of a … [Read more...]

Twitter testing new platform that eliminates the “Retweet” function

Twitter Inc. (NYSE:TWTR) is at it again. Making updates and changes that are concerning its user base. Currently, Twitter CEO Dick Costolo, is attempting to tweak and prod Twitter so that it is more user-friendly and easy to understand. However, with 241 million users, it appears that … [Read more...]

Troubled payday loan industry trapping borrowers: CFPB report

A payday loan, otherwise known as a cash advance, was initially designed to cover an unforeseen expense such as a medical emergency, rent or a car loan payment. The payday loan industry has been marred with controversy as well as vitriol from both the government and citizens. A new … [Read more...]

Google loses $85m to SimpleAir over patent infringement

Google Inc. (NASDAQ:GOOG) was ordered by a federal judge to pay SimpleAir $85 million in damages. The dispute was over patent infringement impeded through mobile device notifications. SimpleAir is a technology licensing company that owns intellectual property in wireless content … [Read more...]

With $100 billion in debt the USPS is on deck for a government bailout

It is widely known that the United States Postal Service (USPS) isn't necessarily on the best financial footing since prior to the Great Recession. In fact, things have gotten so bad for the Post Office that it made headlines late last year when it was reported it defaulted on $5.6 … [Read more...]

Peter Schiff: Fed’s QE creating massive stock, real estate bubbles for 1%

It has long been argued since the beginning of the Federal Reserve’s quantitative easing program that bubbles are being formed and once they burst then the United States economy would be in worse shape than at the height of the Great Recession. Peter Schiff, president of Euro … [Read more...]

Apple Inc. (AAPL) drops Samsung as manufacturer for A8 processor, but not A9

Apple Inc. (NASDAQ:AAPL), in the usual schizophrenic manner of massive corporations, is simultaneously involved in brutal litigation with Samsung over the Korean firm's blatant copycatting, and ordering advanced processors from the same company. Today, TechNews Taiwan reported that … [Read more...]

Apple Inc. (AAPL) Applies for Trademark to Secure iPad’s Likeness in China

Apple Inc. (NASDAQ:AAPL) has filed to secure a trademark for the iPad's likeness in China as of Friday according to Patently Apple, opening yet another front in the worldwide patent war. The new trademark case, which Apple (AAPL) has high hopes to win, might go well even though … [Read more...]

Apple Inc. (NASDAQ:AAPL) Sales Estimates Don’t Account for International Share

It is believed that the latest PC sales estimates don't account for Apple Inc. (NASDAQ:AAPL)'s growing international share even though estimated Mac shipments have declined 0.2 percent year after year according to IDC. After publishing preliminary estimates this week, a slight delcine … [Read more...]

Apple Inc. (NASDAQ:AAPL) Tim Cook’s China Visit and Signed Confidentiality Agreement

Apple Inc. (NASDAQ:AAPL) chief executive Tim Cook’s visit to China appeared to meet with success as reports of his meetings with the world’s largest mobile carrier China Mobile Ltd. and the Chinese minister for industry and information technology circulated Jan. 9. In his second visit … [Read more...]

T-Mobile Will Start Selling Apple Inc. (NASDAQ:AAPL) Devices This Year

Yesterday I covered a story about Apple Inc. (NASDAQ:AAPL) iPhone owners flocking to T-Mobile totaling 1.9 million iPhones on their network. This morning Reuters reports that T-Mobile USA will start selling Apple devices within the next 4 months. "They're all, I would call them, in … [Read more...]

Apple Inc. (NASDAQ:AAPL) Applies for Stored Wind Energy Patent

Apple Inc. (NASDAQ:AAPL) may be known as a world leader in personal electronics, but unbeknownst to many the Cupertino, Calif. company is also in the business of developing alternative sources of renewable energy. Apple has invested in solar and natural gas “energy servers” at its … [Read more...]

Apple Inc. (AAPL) Stock Manipulation Report

Apple Inc. (NASDAQ:AAPL) one the most manipulated stocks of 2012 continues the trend into 2013. Most technicians would agree that when viewing a chart of Apple Inc. stock there appears to be some "irregularities," during some periods of time. Questionable trading activity can be … [Read more...]

Apple Inc. (AAPL) Biopic jOBS, iPen2 and Forrester Research Outlook

Apple Inc. (NASDAQ:AAPL) stock closed in the 520's Friday evening as rumors continue to circulate. Seems like business as usual for tech stocks these days. But according to a recent report by Forrester Research, Apple (AAPL) will still see strong business in the corporate consumer … [Read more...]

Deutsche Bank Issues Report Regarding Apple Inc. (AAPL) Sales

Apple Inc. (NASDAQ:AAPL) share rates fell to the mid 520's in trading early Friday as analysts circulated a new cache of rumors on which to blame the price drop. Some numbers crunchers are blaming a tapering of of “end-of-fiscal-cliff-euphoria” whereas others are considering a recent … [Read more...]

Facebook Inc (FB) Updates its Apple Inc. (AAPL) iOS Messenger with VoIP

In a further move to dominate mobile communications, Facebook Inc. (NASDAQ:FB) released an update to its Apple Inc.(NASDAQ:AAPL) iOS Messenger app Jan. 3 that allows users to send brief voice messages to one another. Users with AAPL iOS and Android devices now have the ability to … [Read more...]

Will Apple TV be Apple Inc. (NASDAQ: AAPL)’s Big CES News This Year?

Apple Inc. (NASDAQ: AAPL) shares remained in the to 540's as of midday Thursday as post-fiscal cliff trading continues (closed at 542.10 down 1.6%). It appears rumors that the firm may acquire Waze (or may not if you take a hard look at the facts) have not had much affect on share … [Read more...]