Taken as a single country, the US economy is still the world’s biggest, with China coming in a very close second. However, as a single entity, the countries comprising the European Union actually surpass the size of the US economy, making it a key player in the world’s marketplace. One economist, Joseph P. Quinlan, the… Continue Reading
According to the June 22 edition of Barron’s, a US financial magazine, the stocks of four of America’s leading airlines could rise anywhere from 15 to 50 percent. Driving the upswing are lowered fuel prices and shrinking competition. Barron’s looked at the 2015 forecast for earnings before interest, taxes, depreciation and amortization for the four… Continue Reading
July 1st will be the opening day of a brand new exhibition entitled, “American Enterprise” at the Smithsonian’s National Museum of American History. The exhibit will explore the history of business in the US, its positive side as well as its negative aspects. According to Smithsonian sources, visitors “will be immersed in the dramatic arc… Continue Reading
Republican Florida Senator Marco Rubio revealed a new law that would make it illegal for US companies to engage in financial transactions with the Cuban military. Rubio is a Cuban American, and has also announced his candidacy for president in 2016. His campaing has featured a loud opposition to the new policy recently established by… Continue Reading
Compared to the US dollar, the loonie lost three-fifths of a penny on Monday, falling to its lowest point in over a month and a half. The Canadian dollar closed at 79.78 US cents, a loss of 0.63 cents from its closing price on Friday. On April 13 the loonie reached its lowest intraday price… Continue Reading
After an anonymous caller informed Maryland state police of a bomb threat on an Air France flight en route from Paris to New York, the US Air Force sent out two F-15 fighter jets to escort the plain to a safe landing at New York’s JFK airport. The call was made in the United States… Continue Reading
Most cars – even top-of-the-line ones – can be purchased directly from the auto-dealer on the same day as viewing. But that won’t give one the uniqueness that Ares Performance, headed by European auto marketer Dany Bahar offers. The man who has run the International Sports Federation, was behind the creation of Red Bull Media… Continue Reading
There are a lot of factors to consider when embarking on the journey of starting a new business. One of the most important considerations, which can sometimes mean the difference between success and failure, is the city in which the business is launched. WalletHub, a social network site for financial information, examined the 150 largest… Continue Reading
After about ten years of changing energy flows from the US as the world’s biggest importer towards China taking the lead, April was the month China it finally happened. According to Chinese customs data the Asian giant reached an historic high of overseas oil purchases of $7.4 million barrels a day. US imports in April… Continue Reading
A worrisome percentage of renters are paying at least half of their income for housing and utilities, according to census data analyzed by Enterprise Community Partners. The non-profit company that helps finance affordable housing states that the number of such households has increased by 26 percent since 2007, rising to 11.25 million. This fact underscores… Continue Reading