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Friday, August 7, 2015
Who are the heavyweights of the stock market?
At US$660 billion, Apple is the stock market's heavyweight. Like a handful of other "big cap" companies such as Microsoft and Exxon Mobil, the iPhone maker's market value means that when its shares move, so can the market. And these are the companies that influence your stock portfolio.
Shortening, pie crusts, brownies and microwave popcorn could be partially exempt from a government phase out of artificial trans fats -- if the food industry gets its way.
Thursday, August 6, 2015
The U.S. trade deficit increased in June as solid consumer spending pulled in more imports, while the strong dollar restrained exports.
Wednesday, August 5, 2015
The U.S. territory of Puerto Rico, deep in economic crisis, has defaulted on part of its US$73 billion debt by missing a bond payment due on Monday, rating firm Moody's said.
Tuesday, August 4, 2015
Canadian rivers: Solution to New England's high energy prices?
Plenty of raw electricity sloshes around in Quebec's rivers and reservoirs, promising relief for U.S. northeasterners, who pay the nation's highest power costs. But getting those electrons to smartphones and air conditioners in Boston, Hartford and New York City is another matter entirely.
Misery deepens for those left in Puerto Rico
Most tables are empty at Walter Martin's coffee shop in San Juan's colonial district. His brow is furrowed with concern and glistens with sweat in the sweltering Caribbean morning.
Monday, August 3, 2015
Apartment rents are up. So are prices for restaurant meals, haircuts, gym memberships and a cup of coffee.
Saturday, August 1, 2015
Falling oil prices and delayed business consumption have taken a toll on the manufacturing sector, the economic indicator of which flashed a depressed "blue" signal in June, according to a report released yesterday by the Taiwan Institute of Economic Research (TIER, 台灣經濟研究院).
Friday, July 31, 2015
The U.S. economy posted a solid rebound in the April-June quarter after a harsh winter, led by a surge in consumer spending and a recovery in foreign trade that bode well for the rest of the year.
Thursday, July 30, 2015
The number of signed contracts to buy homes fell in June, as limited supplies of homes on the market are holding back possible sales growth.
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