News story of the Day: Precious metals, particularly gold, had a tremendous first half in 2016. Not only have prices gone up, but the demand for gold, silver and other bullion has been soaring because of volatility in the financial markets, global economic uncertainty and accommodative monetary policies from the central banks. According to a […]
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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 […]
Students For Liberty protesting soft drink tax with nanny state corner store
As part of efforts to add to government coffers, jurisdictions all over the world have implemented or are considering a fat tax, a sugar tax and/or a soft drinks tax. Although governments say it’s a way to combat obesity and to take care of government-run healthcare initiatives, it’s just a way to extract funds from […]