Finance

Could these factors cause your beer prices to rise?

A new study found that beer producers may need to raise the price of beer, since over the next 80 years, barley – a key ingredient in beer – may well be clipped by growing bouts of extreme heat waves and drought. In fact, this study published in the peer-reviewed British journal Nature Plants noted that losses […]

Is $5 billion EU fine a form of trade war aimed at Google?

Brussels, Belgium—The European Union (EU) imposed a $5 billion fine to Google for violating antitrust regulations. Google is also banned from using its Android operating system because of its inherent blocking of rivals. EU Commissioner for Competition, Margrethe Vestager, said, “Google has used Android as a vehicle to cement the dominance of its search engine.” […]

Venezuela to launch cryptocurrency in November: Markets are skeptical

The Venezuelan Petro  Venezuela will launch its own cryptocurrency on November 5th. This will be the first time a nation or country will issue an official crypto currency which will also be backed by oil and other commodities. However, there are many problems with this new currency, the price of its offering, and other issues […]

Sears falls prey to e-commerce, thousands lose jobs

As a sign of the times, venerable Sears Holdings filed for Chapter 11 bankruptcy on Monday and plans to close 142 more stores come November. Last year the company shuttered 379 full-line stores. The company has not made a profit since 2011. Who could forget Sears, launched in 1886 and granddaddy of retail consumption. One […]

US markets rose on Tuesday after glowing jobs report

Investors received good news on Tuesday as markets rallied after several days in the red. According to a report from The Street, investment banks like Goldman Sachs and Morgan Stanley led the rise after both firms posted earnings which were higher than predicted. In total, the Dow Jones Industrial Average rose by almost two percent, […]

International outcry over missing Saudi journalist increases, may impact arms deals

Several countries are threatening to exert pressure on Saudi Arabia over the disappearance of Jamal Khashoggi, a Saudi journalist who was last seen entering the Saudi Arabian consulate in Istanbul, Turkey in early October. Specifically, some lawmakers from the United States and the United Kingdom are considering ending the sale of arms and military equipment […]

6 ways to outwit Amazon for the best deals

USA Today runs a section called These are the best deals on Amazon this weekend. We can go one better and share our experiences on how to get Amazon’s best deals each and every day. (See Tip #4. This article is topical, too). The Tips Amazon’s Outlet Store and Warehouse Amazon’s Warehouse Outlet Store regularly […]

Harris and L3 Technologies to merge into defense industry juggernaut

Defense firms Harris and L3 Technologies will be merging into one company, according to a joint press statement released on Sunday. The merger will be “all-stock,” and will result in the creation of the sixth-largest defense contractor in the United States, according to a report from Reuters. “This transaction extends our position as a premier […]

Here’s how a couple retired at 28 on $600k

At 6-foot-4, Matt Owen barely manages to stand upright in his van that he and his wife, Alli, have lived in for the last six months. Barely 28 years-old, the two engineers retired earlier this year on the $600,000 made in four years, intending to live the next few years traveling the United States. They […]

China’s trade surplus with the US rose sharply in September ahead of Trump sanctions

China reported a record trade surplus with the United States despite the ongoing economic dispute between Beijing and Washington. According to a report from Agence France Presse (AFP), the excess is worth around $34.1 billion as of September. Currently, China is exporting more than $46 billion worth of goods to the US, while only importing […]