News from the world's markets

On Sunday, April 19, Frederick’s of Hollywood Group Inc., a retailer known for its selection of racy women’s lingerie, filed for Chapter 11 bankruptcy protection after closing its remaining stores and settling a deal to sell itself as an online-only...

The latest business and corporate news

Mobile Ad Spending Higher Than Ever, According to Recent IAB Survey

A new report has been released by the Interactive Advertising Bureau (IAB) stating that mobile advertising grew exponentially over the past year — not just in the U.S., but on a global scale. According to AdWeek and Marketing Land, global mobile ad revenue reached $31.9 billion in 2014, which was a 64% increase from mobile advertising expenditures in 2013. Considering that 67% of consumers...

The Greek Stock Market Just Opened After 5 Weeks of Silence — And It’s Still One Big Mess

The Athens Stock Exchange had only been open for a matter of minutes after its five week hiatus before investors began breaking down into tears as their stocks plummeted. According to USA Today and Newsweek, the Greek stock market fell by a whopping 23% immediately after opening on Monday, August...

Commercial Real Estate Rates Rise, Says Fed

The Federal Reserve announced on July 15 that commercial real estate prices have been rising quickly in certain regions of the country, and if the trend should continue, it’s possible that it could jeopardize the country’s financial stability. According...

After-Hours Trading Adding $40B Brings Amazon’s Market Value to Record Highs

With the announcement of its second quarter earnings, Amazon didn’t just come out on top of its other cloud computing competitors; it spurred a Wall Street frenzy which resulted in Amazon Web Services (AWS) adding $40 billion during after-hours trading. The second...

The Greek Stock Market Just Opened After 5 Weeks of Silence — And It’s Still One Big Mess

athens stock exchange

The Athens Stock Exchange had only been open for a matter of minutes after its five week hiatus before investors began breaking down into tears as their stocks plummeted. According to USA Today and Newsweek,...

by Financiarul

Are Millennials Being Priced Out Of The American Dream?

One family house for sale

To rent, or not to rent? For many Millennials, that is definitely not the question. Many young Americans are more likely to ask, “To pay my student loans, or not?” Since the Postwar years of the 1950s, homeownership has always been part and parcel of the American Dream. But data from recent years suggests Millennials are increasingly ambivalent...

MetLife Introduces First Longevity Annuity for Its Clients’ Retirements

On Monday, July 20, insurance giant MetLife revealed its first longevity annuity for individuals’ retirement accounts, making it the latest firm to take advantage of new rules that allow plan beneficiaries to use insurance products. According...

Commercial Mortgage-Backed Securities Not Performing Well, Experts Say

Despite an ostensibly strong showing in previous years, commercial mortgage-backed securities (CMBS) are starting to lose their strength. Sddt.com reports that after an incredible return of 11.4% to CMBS investors in 2014, a return better...

Banks Are Trying to Stay Afloat with New Methods of Business

Feel like a latte with your loan? A Capital One branch is hoping that a new initiative, in which cafes will be located inside bank branches, will pay off for them. As a result of a huge shift in the banking industry due to the prevalence...

Which Brands Reign Supreme Among Social Media Users? The Answer May Surprise You

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L’Oreal, Dove, Nivea and Chanel are the most coveted brands — on social media, that is. According to a new survey, these four brands are the most likely to be recommended by social...

Girls’ Self-Esteem is Boosted by Running Program

young girl doing gymnastics with motion blur

For many parents, getting children to be more active is a chore, especially when kids prefer to watch TV, play video games, or read books inside. To combat their children’s sedentary lifestyles,...

Seattle Dog Recognizes the Benefits of Public Transit; Takes Herself to the Dog Park on Bus Line

Gas prices have now fallen below $2 per gallon in states across the country, hitting $1.95 in some cities on the West Coast. Although many people are probably taking advantage of the cheap prices at the...

New Study Finds That Getting More Sleep Means Needing Less Sick Leave

It’s long been known that adults require approximately hours of sleep every night, but a new study published in the medical journal Sleep gives a new reason to get all 40 winks — employees...

Recent Report Shows Increase in EMV Security

customer paying with credit card

According to a recent report, more merchants are installing EMV card readers to reduce liability to their businesses from fraudulent transactions. This is beneficial to the consumers because it increases...

Online Business Booms Despite Predictions of Increased Identity Theft and Fraud, Report Finds

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Current trends indicate that consumers in the U.S. will spend nearly $370 billion online by 2017. However, even though business may be booming, new research also indicates that the dangers of online card...

Do TV Ads Still Work? Survey Says…

Confidence in TV ads has plummeted in the era of digital video, but a new analysis shows that TV ads are actually still the most effective advertising medium available when compared to numerous...

Is Facebook Too Influential?

Facebook has become one of the most powerful, influential forces online. There are 1.44 billion monthly active Facebook users, 65% of whom use it daily. About 6% of the total time web users collectively...