Economic News

Morgan Stanley Warns Larger Stock Slide Could Be Coming

Despite the apparent rebound the stock market at large has seen so far this week, it might not be the time to celebrate just yet. If some spectators are to be believed, there could be even bumpier days ahead as inflation concerns and other factors threaten both the stock and...

How Much Will Consumers Spend on Valentine's Day This Year?

Although we may not have needed a study to tell us that Valentine's Day festivities can get expensive, seeing the actual figures is always fascinating. In the grand scheme of things, $144 might not be a ton but the $19.6 billion figure is pretty staggering.

Inflation Worries Hit Wall Street as Dow Falls

Although this week has been rocky for investors (tip: don't check your retirement accounts right now), this pullback has been a long time coming. Addititionally it's still arguable whether this sell-off truly qualifies as a meltdown as guesses as to where we go from here are dime a dozen. So...

Buffet, Bezos, and Dimon Plan to Form Health Insurance Company

The debate over healthcare in America took an interesting turn this morning as executives from three major corporations announced their intentions to get into the healthcare industry. Jeff Bezos of Amazon, Warren Buffet of Berkshire Hathaway, and Jamie Dimon of JPMorgan Chase say they're joining forces to create a better healthcare...

Multiple Businesses Announce Bonuses, Wage Increases Citing Tax Bill

That said there's no denying that these bonuses will certainly help out a number of workers, even if it is likely only a temporary fix. In any case there's no doubt that we will see the debate over whether this latest tax bill is functioning as intended for quite some...

United Wants to Match Low-Cost Carriers on Price

Yesterday our contributor Kyle took a look at the business model of Allegiant Air including the unique elements that allow them to offer such low fares. Incidentally, if United Airlines has anything to say about it, Allegiant's fare-cutting measures could be the norm soon enough. As CNN Money reports, United Continental's president...

Dow Reaches 26K, Sets Record with Speedy Rise

Investors got some good news today as the Dow Jones Industrial Average reached another record high, hitting 26,000. While the question of whether these bullish gains will last or whether you may be headed for a major pullback are open for debate, the current rally has been an impressive one.