politics

Stock Market Still Risky Even as it Bounces Back

Stock Market Still Risky Even as it Bounces Back

Investors continue to be wary even as the stock markets continue to quickly climb after they underwent a heart-stopping correction. A few are swiftly calculating whether the time is too young to sound the 'all clear'. A significant proportio..

Greenspan Says the US is in a Stock Market Bubble

Greenspan Says the US is in a Stock Market Bubble

Alan Greenspan, the former chairman of the Federal Reserve, said that there exists two bubbles- the bond market bubble and the stock market bubble. He warned that the bond market bubble, although benign in the short-term, could turn fatal for the US..

Decline in International Visitors Worries American Travel Industry

Decline in International Visitors Worries American Travel Industry

The data says it all: there has been a definite decline of the US pie in worldwide travel from 2015. This scenario happens at a time when international travel has only risen across the world. Many travel for business and also for vacation. The numbe..

US Stock Markets See Decline in Stock Futures as Government Shuts Down

US Stock Markets See Decline in Stock Futures as Government Shuts Down

The fall of stock futures over the last few days have stock market players worried, especially after the US government shut down after a bill for government funding was voted down by the Senate.The Dow Jones Industrial Average fell by 33 points and ..

New York City Files Lawsuit Against Exxon, BP, Chevron

New York City Files Lawsuit Against Exxon, BP, Chevron

The City of New York said on Wednesday that it will be suing BP plc (NYSE: BP), Chevron Corporation (NYSE: CVX), Exxon Mobil Corporation (NYSE: XOM), and Royal Dutch Shell plc (NYSE: RDS.A) in an attempt to hold oil and gas producers responsible for..

Citi Says 40% Apple will Acquire Netflix

Citi Says 40% Apple will Acquire Netflix

After the Trump administration’s giant corporation tax cut, Citigroup Inc (NYSE: C) analysts Jim Suva and Asiya Merchant say there is a 40 percent chance Apple Inc. (NASDAQ: AAPL) will acquire Netflix Inc. (NASDAQ: NFLX), first reported by Bus..

Most Powerful Year Opening for Oil Since 2014

Most Powerful Year Opening for Oil Since 2014

Tuesday witnessed oil prices posting their best year opening since 2014. The price of crude rose to significant highs in the midst of large Iranian anti-government rallies and consistent supply cuts initiated by Russia and OPEC.American WTI (West Te..