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Updated: 2 hours 25 min ago

Foreign Exchange Reserves in China Drops to its Lowest Level in Three Years

Mon, 02/08/2016 - 09:36

In January, the foreign-exchange reserves of China dropped to its lowest level in three years. This has raised questions regarding the length of time that Beijing can carry on burning its internal funds to protect the yuan without setting off a vast flight of capital.

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Radioactive Water Seeps into Groundwater underneath Indian Point N.Y. Nuclear Plant

Mon, 02/08/2016 - 09:32

On Friday, the officials of Indian Point in Buchanan reported a leak at the facility which contaminated the groundwater underneath the facility, with highly radioactive tritium.

Gov. Andrew Cuomo has called for an investigation. However, the nuclear regulators say that the health of the public is not at risk.

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Recent Lundberg Survey Shows Average Price of Gas in the United States Fell 8.2 cents in Two Weeks

Mon, 02/08/2016 - 09:28

In the last two weeks, average gallon of gasoline prices have dropped across the United States by 8.2 cents reaching its lowest level noted in the last seven years. On Sunday a Lundberg survey released also showed that the price of regular grade gas dropped to approximately $1.82 a gallon, in the survey conducted on February 5, compared to $1.91 on January 22.

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Super Saturday at Little Rock; This Year’s Theme is “Prepare Your Future”

Sun, 02/07/2016 - 06:29

Super Saturday encouraged the residents of Little Rock, Arkansas to come out to check their eligibility for Earned Income Tax Credit (EITC) and also avail help to prepare their income tax returns.

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Yahoo CEO Still Believes in Revival of the Business with Turnaround Strategies

Sun, 02/07/2016 - 06:24

Marissa Mayer, the CEO of tech giant Yahoo is just not ready to give up. She dreamed of forming a media business which had best of both worlds including a team of in-house editorial staff publishing articles which would grab attention, along with an exciting social network where users would create content without any extra charge to the company.

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Long-term survivors of traumatic brain injury may have increased Aß plaques

Sat, 02/06/2016 - 14:10

According to a new study, the long-term survivors of traumatic brain injury have high number of amyloid-ß (Aß) plaques if they develop brain issues, which is a mark of Alzheimer's disease.

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Bilingual children more capable at problem solving, study

Sat, 02/06/2016 - 14:03

According to a new study by a team of researchers in Canada, bilingual children are better at problem solving than monolingual children. The researchers studied vocabularies of 39 bilingual children and 43 monolingual children at the age of 24 months and they repeated the process at the 31 months.

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BlackBerry Trimming Two Hundred Jobs in Canada and Florida Offices

Sat, 02/06/2016 - 08:46

The year has just started and it seems BlackBerry is not getting into any good luck so far.

BlackBerry, the Canada based company announced they will lay off some employees in the Waterloo region. The layoffs are expected to be close to thirty five percent of the total number of employees who work at the company's Waterloo offices that totals to about 2,700 employees.

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New Jersey, the Fourth U.S State to File a Lawsuit against Volkswagen Related to Excess Diesel Emissions

Sat, 02/06/2016 - 08:43

On Friday, the New Jersey authorities filed a lawsuit against the German carmaker, Volkswagen AG and its luxury units for excess diesel emissions connected to its models. The count now goes up to four U.S. states to have taken legal action against the car maker.

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Low Unemployment, Rising Wages, Complicate Situations for the Fed

Sat, 02/06/2016 - 08:39

Things are becoming further complicated for the Fed officials and they will get to look at one more jobs report before they have their next policy meeting in March 15 and16. Whether the Fed will go for another interest rate hike or not still remains uncertain looking at the recent signals from the economy and global financial markets.

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Delta Air Lines CEO will Retire in May to Become the Executive Chairman of the Airline

Thu, 02/04/2016 - 08:56

On Wednesday, Delta Air Lines said its long serving chief executive Richard Anderson will retire in May. Under him, the carrier turned most profitable and into one of the best run carriers

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Home Depot Plans to Add Jobs for the Upcoming Spring Shopping Season

Thu, 02/04/2016 - 08:51

Home Depot is getting ready for spring already. On Wednesday, officials of the home improvement retailer said it is planning to hire approximately nine hundred new employees in the Greater Hartford area. The retailer plans to hire 80,000 new workers country wide to its payroll before the advent of the busiest selling season.

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Is Amazon Really Planning to Open Hundreds of Brick and Mortar Book Stores?

Thu, 02/04/2016 - 08:46

Speculations regarding Amazon's plans of opening hundreds of bricks and mortar book stores are still on. Is it really a possibility that Amazon is getting into so many physically present stores?

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NHS offering £20,000 'golden hellos' for posting in isolated areas

Thu, 02/04/2016 - 03:22

UK's health service, the NHS has offered £20,000 'golden hellos' to 100 young doctors to agree to work in remote areas in the country as it looks to avoid a recruitment crisis.

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Middle-aged people are the least happy, report

Thu, 02/04/2016 - 03:16

A new healthcare report has showed that people in the age group of 40 to 59 years are lest happy and feel anxiety.

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Recent Sales Result of Michael Kors Sends Shares Up

Wed, 02/03/2016 - 07:09

For people who thought the Michael Kors magic was fading, there is news that would make you believe otherwise. On Tuesday, shares of Michael Kors Holdings Ltd. spiked greater than twenty five percent following the company's third quarter results which surpassed expectations. However, it was quite clear that the drivers behind this growth were short lived.

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BOJ Making Further Efforts to Turnaround the Deflationary Trends

Wed, 02/03/2016 - 07:01

Boosting spending and investments tops the BOJ's agenda. The Bank of Japan hopes trimming interest rates to lower than zero rates will work to fulfill its aim but at the same time worry about inactivity and years of trivial returns could mean that savers become doubtful in keeping strides with the central bank's tune.

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Price of Gasoline Continues to Slip in the United States

Tue, 02/02/2016 - 08:42

Although, oil prices rose in the past week, but gas prices in the U.S continued to drop at a rate of almost half cent a day.

Countrywide, gas was least expensive in Oklahoma with Arkansas following the trend. National average remained below $2 a gallon for one month. On Monday, the average price of regular unleaded gas per gallon was $1.49 in Oklahoma and $1.58 in Arkansas.

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Consumer Spending Remained Flat in December and U.S. Manufacturing Activity Slows Down

Tue, 02/02/2016 - 08:38

A strong dollar and dropping oil prices resulted in slowing manufacturing activity in the US as it contracted for the fourth consecutive month in January. Energy firms trying to cope with low oil prices have opted for huge spending cuts but now the pace of decline seems to be slowing down.

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Oil Prices Slides for the Second Session as Over Supply and China’s Slowing Demand Worry the Market

Tue, 02/02/2016 - 08:33

There is no respite for crude prices at least not right now. On Tuesday, oil prices dropped for a second consecutive session in Asian trade. The reasons behind the slide are mainly related to slowing demand in China, which is the leading energy consumer and also oversupply of oil in the market.

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