During the 2008 and 2012 United States presidential elections, media analysts and journalists were up in arms when then-presidential candidate Ron Paul said that he didn’t dream of becoming president and he didn’t stay up late at night wanting to control the American people. All of the pundits were flabbergasted by this admission, arguing that […]
Archives for August 2016
Wow! Global negative-yielding debt stands at $11.4 trillion: Fitch
The international financial markets are flooded with negative-yielding debt. Today, the total amount of global negative-yielding government bonds stands at $11.4 trillion, says a new report from Fitch Ratings. According to Fitch, the global amount of negative-yielding debt actually fell from $11.5 trillion to $11.4 trillion because of Japan. Following the announcements from the Bank […]
Study: 31% of young adults live with their parents, grandparents
Adults are still living with their parents and grandparents, according to the latest numbers. The Great Recession is over, but more adults are delaying adulthood by staying at home and residing in a multi-generational household. The Pew Research Center, a non-profit think-tank, published the results of its new study, and it noted that nearly one-third […]
Apple Inc. (AAPL) rejects iPhone price-fixing accusations from Russia
Apple Inc. (NASDAQ:AAPL) does not fix its iPhone prices. The tech titan recently rejected accusations by Russia’s state competition watchdog, the Federal Anti-Monopoly Service (FAS), that it is involved in iPhone price-fixing. Apple confirmed that resellers set its products’ prices and not the company itself. The FAS confirmed in a press release that it was investigating allegations […]
New labor productivity numbers are the worst in 35 Years
By: Ryan McMaken The Bureau of Labor Statistics released new data on labor productivity today. During the first quarter of 2016, labor productivity fell 0.5 percent, making the first quarter the third quarter in a row for falling productivity. Prior to the first quarter of this year, labor productivity had not fallen three quarters in […]