WASHINGTON — Employers added only 54,000 workers in May, fewest in eight months, and the unemployment rate rose to 9.1%. The weakening job market raises concern about an economy hampered by high gas prices and lingering effects of the Japanese tsunami and nuclear disaster. The key question is whether the meager...
Washington, D.C. - According to the U.S. Mint, it now costs 2 cents to make 1 penny, so instead of spending your pennies, go trade them in for cash at your local metal scrap yard? Ok, that won't exactly work out so well for you after you figure in the profit...
The West Coast Green Project, an initiative being rolled out by the federal government and private companies will start installing electric car charging stations on I-5 from Oregon, through Seattle and on to the Canadian border, to be ready for use by the end of the year. In conjunction but...
Redmond, CA On Tuesday Microsoft announced that Satya Nadella will be the companies new Chief Executive Officer replacing Steve Ballmer who will retire later this year. Nadella is no stranger to the software giant having joined the company in 1992. He is currently the president of Server and Tools Business. One of...
In our ever-connected global economy, it’s hard to make sense of where we are going with our economy. Is it getting better, worse, stagnant…? Who can say, here are the facts: Yesterday, President Barack Obama ordered the release of 30 million barrels of oil from the Strategic Petroleum Reserves in...
Despite fines, tax penalties, and other regulatory burdens, nearly 9% of employers surveyed said they intend to end company health insurance for its employees. They plan to end the benefits in 2014 once the health care exchanges, a product of President Obama's health care reform laws, are up and...
Are the days of "true" banking long gone, replaced by "service providers" who charge you to use your own money? Back in the day, a customer could deposit money into a bank where the money would be safe and insured.  They could later withdraw any portion of it for any...
San Francisco, CA Facebook celebrates its 10 year birthday today and a lot has changed from when it was thefacebook.com and was started in a Harvard dorm room. 10 year later Facebook has 1.2 billion users, $150 billion in market capitalization and over $8 billion in annual revenue. Facebook founder...
Washington, D.C.- The nation's unemployment rate jumped sharply due to Hurricane Superstorm Sandy, up 78,000 to a seasonally adjusted 439,000. That was well above analyst's expectations of 375,000. States in the mid-Atlantic and Northeast have reported significant new jobless claims following Sandy while the rest of the nation continued on its...
Mozilla had confirmed reports that it, along with Foxconn, are jointly building a new Smartphone or Tablet with their own operating system. Mozilla is the maker of Firefox and is the world's largest not-for-profit software maker and Foxconn is the world's largest electronics manufacturer according to revenue, building popular Apple,...