Even with high unemployment and looming fiscal cliff, the U.S. stock market is steaming ahead. The just ended third quarter results prove this. The $3.9 trillion strong U.S. diversified-stock funds that contain 7,857 funds gained 5.29 percent in the third quarter and 25.5 percent gain for the last 12-month period. Meanwhile the bond funds gained […]
Apple’s iPhone 5
The much anticipated Apple iPhone 5 finally went on sale on Friday, September 14, 2012 on Apple Stores and on-line as well as its carriers including AT&T, Verizon Communications and Sprint Nextel. The Apple stock, ticker: AAPL, reached a new all-time high as a result. Some Wall Street analysts were quick to declare that the […]
The U.S. tax payers to profit from an earlier bailout
At a time where Feds announcing new quantitative easing to stimulate job growth and bring down the stubbornly high unemployment, some of the earlier bailout efforts are bringing in profits for the U.S. tax payers. Four years ago, the U.S. Government bailed out several Wall Street behemoths amid heavy criticism and controversy. One of those […]
Dow Jones Industrial Average (Dow)
The Dow announced that it is replacing the current Kraft Foods (KFT) in the index with UnitedHealth Group (UNH) at the close of market on Friday, September 21, 2012. The Dow Jones Industrial Average is also known as Dow, Dow 30, Industrial Average, DJIA and Dow Jones. It is one of the stock market indexes. […]
Quantitative Easing 3 (QE3)
On Thursday, September 13, 2012, the Federal Reserve Bank (Central Bank or Feds) of the U.S. announced that it is initiating a plan to buy $40 billion a month worth of mortgage-backed securities for an indefinite time period. It is intended to stimulate job growth and speed-up the stagnating economic recovery. Since this is the […]
The Berlin Air Show
The 2012 Berlin Air Show by the ILA will be held in September 11 – 16, 2012. Airbus is expected to complete its target of 600 planes for the year at the show according to news sources. At orders for 798 planes Boing is the world’s largest maker of planes. The Berlin show will showcase […]
What is happening with the Euro (€)?
Member states of the European Union (EU) have adopted the Euro (€) as the common currency and the sole legal tender. The EU consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain. The monetary policy of the EU is set by the European […]
The Best Protein Shake Recipes
The best protein shake recipes or meal replacement shake recipes are pretty much determined by what you like. There are many homemade recipes that you can make according to your tastes. Our bodies require protein so that our cells and organs can function properly. Most women who are healthy need about 46 to 56 grams […]
The U.S. unemployment rate and the job growth
The U.S. unemployment rate stubbornly hover around 8.3 percent according to the latest estimates from the U.S. Bureau of Labor Statistics. The unemployment rate is fluctuating between 8.1 percent and 8.3 percent so far this year. However, it is still lower than the highest rate of 10 percent encountered in October 2009. The jobless rate […]
An unproductive Congress
The U.S. House and Senate started a five week vacation on August 3, 2012. Most of the Congress will be campaigning for November elections. The current Congress will be known as the most unproductive in the modern history. After the 2008 Presidential elections, Democrats were in the control of the Congress. Major legislation passed by […]