America's budget deficit this year will be the lowest since 2007Goldman Sachs thinks that the federal budget deficit this fiscal year will be the lowest it's been since the start of the financial crisis.
Amazon's 'Prime Day' could provide a major boost to July's retail sales reportWhile many Amazon shoppers were disappointed by the Prime Day selection of items, the company recorded record sales on the day.
Wall Street doesn't think using your friend's Netflix account is a problemAccording to Citi's Mark May, a recent survey GlobalWebIndex Survey of 5,721 Netflix users in the United States and United Kingdom found th...
Morgan Stanley thinks this could be the worst oil crash in 45 yearsBack in January, Morgan Stanley drew similarities between the current oil crash and the one in 1986- when oil prices fell 45 per cent.
Germany's large trade surplus is affecting the rest of EuropeEurozone unemployment stands above 11%, and even passes 13% when excluding Germany. Meanwhile, Germany's rate is less than half of that, at...
The 21 biggest family-owned businesses in the worldStatistics from the Family Business Institute show that only one third of family-owned businesses last into a second generation of ownershi...
Goldman Sachs says a digital healthcare revolution is coming - and it could save America $300 billionThe US spends about 18 per cent of its GDP on healthcare. It is often said that the US desperately needs to reduce healthcare costs.
These 4 companies produce almost half of the world's beerAccording to a report from Bank of America Merrill Lynch, Anheuser-Busch InBev, SABMiller, Heineken, and Carlsberg produce about half of th...
Greece may be even worse off than the US was during the Great DepressionWith the nonstop talk about Greece's dire financial situation, one wonders just how bad things really are. Is Greece technically in a depre...
Here's why it doesn't really matter who is on US $10 noteOn June 17th, Treasury Secretary Jack Lew announced that the new $10 note, set to be unveiled in 2020, will feature a woman who represents ...
'Twitter is rapidly becoming the BlackBerry of social media': HarvardJust a day after Twitter announced that CEO Dick Costolo was stepping down, a Harvard professor said the company needs a "clean sweep" to p...
Why Vanguard CEO Bill McNabb didn't fire anybody during the 2008 financial crisisIn addition to making sure the firm's funds were secure, McNabb worked to ease employee fears, telling them that no one would be fired.
World Cup 2015: England face rampaging New Zealand in World CupNew Zealand are already in touching distance of a quarterfinal berth after two consecutive wins against Sri Lanka and Scotland