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sports authority

Sports Authority Has Gone Bankrupt

It has been looming for a while, but it has been officially announced that Sports Authority has filed for bankruptcy while in the meantime it is also going to be closing 140 of its stores. That is about a third of its entire chain of stores. Back in January, pundits and analysts alike were predicting that the company was going to go bankrupt when it was revealed it had missed a debt repayment amounting to $20 million. The closing of…

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European Central Bank

Looking At The Future Of The European Central Bank

The eurozone and its central financial institution, the European Central Bank, have been facing a series of seemingly non-stop challenges in recent years. Slow growth, economically strained member nations, and the potential of powerhouse Britain’s exit from the EU all pose serious threats, and as the future of European unity seems to be uncertain, the ECB is being watched by the world to see what may happen next.   Growth and Volatility   In a January policy meeting, the ECB’s…

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idaho

Idaho Panel Backs Measure Requiring Campaign Finance Reports

Political campaign related financing has long been a subject of hot debate. Many claim that financing tends to be inconsistent across states and, some would say, even across candidates. In fact, Jimmy Carter, former United States president and beloved figure, recently gained media attention for his statements on how political financing often equates to, to use his words, “legalized bribery” and what a serious and problematic issue this is. And, while many states are either ignoring the problem or struggling…

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UPS

UPS Finance Chief Says, “We Are Not Afraid Of Amazon.”

United Parcel Service – one of the world’s largest express carrier and package delivery service provider– reported its highest fourth-quarter earnings recently. Founded in 1907 as a messenger company in the United States, the company, which is also recognized as a major provider of supply chain management solutions, has overcome its on record despite the given competition. Delivering more than fifteen million packages a day to over 6.1 million customers – both, national and international; they have reported big earnings…

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bernie sanders student loans

Bernie Sanders on Student Loans

The Independent Vermont Senator has a track record of solid financial strategies that he’s proposed to help with common American economic problems, such as closing the gendered and racial wage gaps, a minimum wage that allows the earner to afford basic housing, and taxation on Wall Street to help balance the wealth distribution back to favor the middle- and lower-classes.   Despite Sanders’ Many Strong Economic Plans, His Student Loans Ideas Flounder   But Senator Sanders’ statements on the astronomical…

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Warren Buffett attends the premiere of "Wall Street: Money Never Sleeps" at the Ziegfeld Theatre on September 20, 2010 in New York City. *** Local Caption ***

Today’s 5 Most Inspirational And Powerful People In Finance World

The finance sector of our market is so that one has to gain a substantial amount of experience to carve a niche and attain success in this financial world. While some may disagree with this view, as there are people who, with their hard works, have proved that age has nothing to do with the success, yet enriched experience matters a lot, and it is also a very well proven fact that experience is a great teacher.   Comprising of…

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Smith & Wesson Making A Killing

Smith & Wesson Making A Killing

For America’s gun makers, the slaughter of innocent people such as the grade school children at the Sandy Hook Elementary School somehow turned into a very disgustingly profitable past few years. In the three years since the massacre in Newtown, Connecticut, the country’s biggest gun manufacturers have made loads of money following a string of mass shootings — proof that as the body count rises, so do sales and profits. What is this saying about the world we live in?…

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US dollar power

U.S Dollar Power

Recent news has shown that the power of the greenback is becoming a major power again. This has both good and bad aspects to it. It’s good because it gives more power to people using the currency and brings stability to the economy. Then there’s also the fact that precious metals will suffer from the increase in valuation. Here is some history on the U.S. dollar and importance tied to it. Even though the vast amount of money traded per…

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Sugar Babies It Is All About The Benjamins

Prostitution just sounds so Santa Monica Boulevard where Los Angelenos drive through witnessing transvestites and real women walking up and down the boulevard like owned slaves, waiting to be chosen. That word has always had a Jack The Ripper vibe to it. However, sugaring makes it sound like a mutual agreement to the encounter and appreciation is shown with a very healthy lump of a cash. I had first heard about Sugar Babies on the Bethenny Frankel talk show. Frankel…

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Apple Stocks Falling Again

Apple has been a huge name in the technology world and has provided consumers with great products over the years. It is surprising to hear that Apple might be in a bit of trouble according to Credit Suisse. The Credit Suisse Group is a leading global financial services company located in Zurich. Representatives from the group are claiming that this trouble might only be short term, and information is coming at a time when Apple’s shares are down.   Cuts…

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