By |

U.S. Third-Quarter GDP Bounces Back to 2.9%

BoE Governor Mark Carney Under Pressure to Resign

U.K. PM Starts Avalanche of Criticism Against BoE Governor Mark Carney Despite perhaps being the most well respected central banker...

Amazon (NASDAQ:AMZN) Suffers Blow from Lower Earnings Report

Amazon Stock Drops 6% in After-Hours After Amazon.com, Inc. (NASDAQ:AMZN) released its quarterly earnings after the market closed last Thursday, investors...

Brexit Effects Continue to Weigh on British Economy

British Pound Sterling Falls 5% in October Over the last month, the British pound sterling has continued its downward trend,...

Exxon Mobil Corporation’s Reserves Shrink as Profits Take a Dive

Exxon Loses 4.6 Million Barrels of Oil As state and federal investigators put Exxon Mobil Corporation’s (NYSE:XOM) accounting practices under the...

SEC Launches Probe into Accounting Standards

Adjusted Earnings Go Under the SEC Microscope Sources close to the U.S. Securities and Exchange Commission (SEC) say the agency’s...

Metals Markets Showing Signs of Recovery

Chinese Stimulus Plan Sends Metals on a Rally The prices of metals have been rallying after stagnating for the past...

Angela Merkel Accuses Facebook of “Narrowing Perspective”

Merkel Wants the Algorithms Although many commentators in the United States have started to question the expanding influence of Facebook...

New Wells Fargo CEO Says “Sorry” to Employees

Stumpf’s Replacement Goes on PR Offensive Barely a week after assuming the top spot at Wells Fargo & Co (NYSE:WFC),...

Internet of Things Makes Cybersecurity More Challenging

Last Friday, millions of Internet users were not able to access their favorite web sites. Hackers attacked Dynamic Network Services...

Market Bulls Prefer Hillary Clinton for President

The Bull Market Is Back The weakness shown in Wall Street sessions over the past few weeks appears to be...

Samsung Will Not Release Galaxy S8 Just Yet, Reputation Suffers

Despite having shut down production of the “Galaxy Note 7,” Samsung Electronics Co Ltd (KRX:005930) will not rush to release its replacement....