May
06
Unemployment in the United States might be around nine per cent, and record numbers of Americans are on food stamps. But one thing you can be sure of there is that the rich are getting richer.Accor…
Feb
27
So now the corporations are closing in on Twitter.The Financial Times reports that a JPMorgan fund is in talks to acquire a substantial stake in Twitter and that it hopes to acquire 10 per cent of …
Feb
14
As with most things in the world, things seem to be heading China's way. The world's number one gambling spot is now China. Macau is now bigger than Las Vegas.The Washington Post reports th…
Jan
01
Global payments provider Visa has entered the location-based mobile marketing space with its new iPhone app. Visa has deals in place with around 50 different retailers and each of them offers speci…
Jan
01
Will the next recovery come from the tech sector? And are we seeing a new tech bubble?The Wall Street Pit site says tech stocks are now driving the Nasdaq, largely through the explosion in social m…
Dec
30
It wasn't that long ago that geeks and nerds were regarded as losers. That's no more. Geek is now chic.As reported here, technology ruled when it came to the biggest search terms on Google….
Dec
22
What do you say when corporate profits are soaring at a time when one in three families in the world's richest country are below the poverty line?That's the latest from the Working Poor Fam…
Dec
13
A couple of years after receiving billions in aid from long suffering US taxpayers (at least those with jobs), and really cheap funding from the Federal Reserve, Wall Street banks are set to record…
Nov
20
And so the war of words with China continues with Fed chairman Ben Bernanke attacking China for keeping its currency low to attract imports.There has been plenty of talk of late of trade wars betwe…
Nov
11
It takes a Harvard MBA to destroy an economy. The response of George Bush to America's financial crisis while he was president just proves the point.With his memoirs out, Bush is on the intervi…