By: Randall G. Holcombe While I’m reluctant to attribute movements in stock prices to specific events, this article says that the big run-up in stock prices (around 1.5%) today was due to the release of the Federal Reserve’s minutes of their last meeting indicating that “a core of officials backed a possible rate hike in […]
Archives for November 2015
Broke: 21 members in Congress have more debts than assets
No wonder why the United States is in such financial mess. When you have 21 members of Congress, who earn six figures in addition to all of the benefits and perks of being an elected official, in the red then you know something is wrong. A new report from the Center for Responsive Politics suggests […]
Donald Trump says the Bernie Sanders campaign is over
If it’s true then let’s be thankful for that! Donald Trump, speaking in an interview with Yahoo! News, said the campaign of communist presidential candidate Bernie Sanders is over after the first Democratic debate. He explained that once Sanders refused to attack Hillary Clinton, the United States president in waiting, over her emails his campaign […]
Gallup poll reports global unemployment rate is 32%
Despite the vast amount of money printing, record low interest rates (negative in certain parts of the world) and government stimulus, the global economy can’t seem to garner any momentum. And for populations around the world, this isn’t very good for their labor situation. According to a new Gallup poll, the definite global unemployment rate […]
Freelancer study looks at fastest growing online jobs in Q3 2015
Will the concept of hitting the concrete jungle, working 9 a.m. to 5 p.m. and sitting at desks inside an office be a thing of the past? Millions of Americans are working from home and primarily online, and with websites like Elance, Upwork and Freelancer there is a platform to get these jobs. What are […]