According to a new report by Oxfam America, the wealthiest one percent of the world’s population will control half of the world’s total wealth by 2016. The report included plenty of shocking statistics.
Have you ever wondered what it would take to have your dog grooming business publicly traded on the New York Stock Exchange (NYSE)? Maybe you made $2,500 babysitting your neighbors’ kids last year and started thinking to yourself, “I could be the CEO of Nasdaq-listed ‘Babysitting Inc’! Wouldn’t that look nice on a resume?” If…
After a disappointing earnings season for the “Big Four” American banks, calls for breaking up the massive companies have once again started to surface, and the stocks of JPMorgan Chase & Co. JPM 2.58%, Bank of America Corp BAC 2.75%, Citigroup Inc C 2.48% and Wells Fargo & Co WFC 1.53% are all down sharply…
The Washington Nationals signed former Cy Young Award-winning pitcher Max Scherzer to an astounding $210 million, seven-year contract last week. After a record-setting $50 million signing bonus is included, Scherzer’s contract is worth an average of $30 million per year. Incredibly, Scherzer’s new contract barely cracked the top 10 largest current sports contracts. Here’s a…
In a recent report, Morgan Stanley analysts took an in-depth look at credit card giants Visa Inc V 2.21% and MasterCard Inc MA 2.05% ahead of their earnings releases later this week. Here’s what analysts had to say about the two companies.
Winter Storm Juno is bearing down on the Northeast, and the Weather Channel is calling for more than two feet of snow in some areas over the next three days. With blizzard warnings already in effect in parts of seven states, Juno will certainly be causing major disruptions this week. Here are four stocks that…
Despite a continued recovery in the U.S. economy and generally strong growth of American industry last year, not all companies enjoyed a prosperous 2014. In fact, two of the ten largest bankruptcies in history happened last year. Here’s a rundown of the 10 largest bankruptcies (by assets) of all time.
Atlantic City was once the Mecca of American gambling east of the Rocky Mountains. However, the Atlantic City gaming industry has suffered an unprecedented collapse over the past decade. What happened to the once-great gambling city?
Residents in the Northeast are hunkering down in anticipation of Winter Storm Juno, as blizzard warnings have been issued for parts of seven states in the region. The Weather Channel is forecasting more than two feet of snowfall for certain areas over the next three days. Here’s a look at five stocks that could benefit…
Presenting at its second annual media brunch in Detroit ahead of the 2015 North American International Auto Show, Cox Automotive and Kelley Blue Book made predictions of 10 technologies that drivers will see by 2020. Here’s a rundown of the list: