Tag Archives: Finance

The Chinese Economic Slowdown in 2015

This year, the Chinese economy has lost some of its luster and aura of perceived invincibility.  The commodities boom went bust, affecting everything from oil fields in Texas to coal mines in Indonesia.  While China had been on everybody’s mind … Continue reading

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Zuma Faces Criticism

  Since South African President Jacob Zuma fired his finance minister Nhalnhla Nene, he’s received criticism in South Africa and beyond.  The currency in South Africa fell close to a record low against the dollar yesterday morning as the markets … Continue reading

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The Decline of Oil

Earlier today, oil fell another 6% to $37.50 a barrel, the lowest level since February of 2009.  Since June 2014, a massive supply glut has wiped out two-thirds of oil’s value.  This latest plunge has taken its toll on the … Continue reading

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Will Twitter Get a New CEO?

Today marks Twitter’s board meeting, where the board will most likely discuss its options for the company’s next CEO.  Although there’s yet to be any guarantee that a decision will be made, there is a sense of urgency in the … Continue reading

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The September Stock Market

Stocks jumped in afternoon trading today as Wall Street has attempted to rebound from yesterday’s sharp sell-off that saw the Dow drop 470 points and fall back into “correction territory”.  Investors were encouraged by positive economic reports that hinted to … Continue reading

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Will Oil Prices Decline More?

A couple of years ago, gas prices were at what seemed like an all-time high; a full tank o f gas typically cost around $60.  But in the past year or so, prices have plummeted as the demand for oil … Continue reading

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2014 For the Stockmarket

2014 was overall a solid year for the US stock market.  Even with losses, the Standard & Poor’s 500-stock index ended the year with an 11.4 percent increase, meaning 6 straight years of gains.  Compare that to oil, which had … Continue reading

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How To Be A Millionaire

Getting rich has never been easy, and becoming rich by the time you’re 30 sounds nigh impossible.  However, I recently came across an article in Entrepreneur, that talks about the key steps to becoming a millionaire by the time you’re … Continue reading

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Mt. Gox Stops Trading

This Tuesday, Mt. Gox, previously the world’s biggest bitcoin exchange, stopped trading.  The CEO of the company claimed that the bitcoin business was at a “turning point”, which led to concerns about the future of bitcoin.  In response to this, … Continue reading

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