Business

How to Increase Returns for Your Retirement Savings

(Abaconda M.G., CC BY-SA)
(Abaconda M.G., CC BY-SA)

How do you get a return in this zero interest rate environment without taking too much risk? To earn income in this very low interest...

Companies

Reasons for the explosive growth of social channel Pinterest

Once upon time the social networking site known as Pinterest was a visual pin-board platform. Nowadays the social networking service has grown to a visual discovery tool including a force to be reckoned within the world of social commerce. A …... Read More


Business

Most recent blogs and columns

  • Apple CEO Tim Cook introduces the new Apple Pay product in Cupertino, Calif., on Sept. 9, 2014. Some experts believe Apple Pay, with its presence on millions of iPhones and its advanced security features, could be the service that leads to widespread adoption of the so-called mobile wallet. (AP Photo/Marcio Jose Sanchez)

    Will Apple’s Digital Wallet Kill the Card Swipe?

    NEW YORK—Apple wants the plastic credit card to become as rare as the paper check. On Tuesday, the company announced Apple Pay, a digital payment... Read more

  • In this May 22, 2014 photo, patrons enter an Olive Garden Restaurant in Short Pump, Va. Olive Garden is hurting itself by piling on too many breadsticks, according to an investor that's disputing how the restaurant chain is run. (AP Photo/Steve Helber)

    Investor Tells Olive Garden: Back Off on the Breadsticks

    NEW YORK—Olive Garden is hurting itself by piling on too many breadsticks, according to an investor that’s disputing how the restaurant chain is run. In... Read more

  • FILE - This July 16, 2013 file photo shows a Wall Street street sign outside the New York Stock Exchange in New York. Asian stocks erased gains and European markets were lower Thursday Sept. 11, 2014 as investors tried to second guess the Federal Reserve's thinking on the timing of an interest rate hike.  (AP Photo/Mark Lennihan, File)

    Wall Street Stocks Slip, Heading for Weekly Loss

    NEW YORK—The stock market edged lower in early trading, heading for its first weekly loss since the start of August. Declines were led by energy... Read more

  • Trader Leon Montana works on the floor of the New York Stock Exchange, Aug. 19, 2014. (AP Photo/Richard Drew, File)

    Wall Street Stocks Open Lower as Sluggish Month Continues

    NEW YORK— U.S. stock indexes are opening slightly lower as the market’s sluggish September continues. The Dow Jones industrial average eased 27 points, or 0.2... Read more

  • (Mandy Cheng/AFP/Getty Images)

    HTC Looking to Compete With GoPro by Launching New Rugged Camera

    HTC may have shelved plans for its smartwatch but the company is still looking to diversify its portfolio. According to a Bloomberg reporter the company might unveil... Read more

  • In this Tuesday, Aug. 19, 2014 photo, a woman passes an active wear display at a J.C. Penney store, in New York. The Commerce Department releases retail sales data for August on Friday, Sept. 12, 2014. (AP Photo/Richard Drew)

    U.S. Retail Sales Rise in August on Auto Sales

    WASHINGTON — Auto buying drove U.S. retail sales higher in August, a possible sign that job growth in recent months has led to accelerated consumer... Read more

  • This Oct. 17, 2012, photo shows a sign in front of Yahoo! headquarters in Sunnyvale, Calif. Yahoo says the government threatened to fine the company $250,000 a day if it did not comply with demands to go along with an expansion of U.S. surveillance laws by surrendering online information, a step the company regarded as unconstitutional. (AP Photo/Marcio Jose Sanchez)

    U.S. Threatened Yahoo With Huge Fine Over Surveillance

    WASHINGTON—Yahoo’s free email service could have cost the company an extra quarter of a million dollars a day. The government called for the huge fine... Read more

  • PA sign is posted outside of the Hewlett-Packard headquarters on May 23, 2014 in Palo Alto, California. (Justin Sullivan/Getty Images)

    HP Fined $58.7M for Bribery of Russian Government

    SAN FRANCISCO—Hewlett-Packard Co. pleaded guilty Thursday to felony charges that former employees bribed Russian government officials for a contract, and the company has been fined... Read more

  • This Oct. 17, 2012, photo shows a sign in front of Yahoo! headquarters in Sunnyvale, Calif. Yahoo says the government threatened to fine the company $250,000 a day if it did not comply with demands to go along with an expansion of U.S. surveillance laws by surrendering online information, a step the company regarded as unconstitutional. (AP Photo/Marcio Jose Sanchez)

    Yahoo Says Gov’t Threatened $250,000 a Day Fine

    WASHINGTON—Yahoo said Thursday the government threatened to fine the company $250,000 a day if it did not comply with demands to go along with an... Read more

  • Challenges when negotiating in Spain and Latin America. (iStock/Getty Images)

    Challenges for Negotiators in Spanish Speaking Countries

    BUENOS AIRES—According to the World Economic Forum (WEF), problems are afflicting many countries in Latin America when it comes to doing business. Corruption, taxes, and... Read more

  • In this Nov. 23, 2011, photo an American flag flies from the US Capitol in Washington. The federal government ran a lower budget deficit in August 2014 than a year ago, remaining on track to record the lowest deficit for the entire year since 2008. Worries over the timing of a US rate hike, economic weakness in China and an impending referendum on Scottish independence kept a lid on global stock markets Wednesday, Sept. 11, 2014. (AP Photo/Carolyn Kaster)

    Stocks Close Mixed; Health Care Companies Sink

    NEW YORK—U.S. stocks are ending mixed as traders consider the outlook for interest rates, the latest sanctions against Russia and volatile energy prices. Healthcare stocks,... Read more

  • In this June 23, 2014, photo recruiter Christina O. (L) with New Western Acquisitions meets with employment seekers during a job fair in Philadelphia. The Labor Department reports on the number of people who applied for unemployment benefits last week on Thursday, Sept. 4, 2014. (AP Photo/Matt Rourke)

    Unemployment Benefits Extension 2014: US Budget Dips to $128B in August

    WASHINGTON—The federal government ran a lower budget deficit this August than a year ago, remaining on track to record the lowest deficit for the entire... Read more

  • A Yes supporter crashes a Labour Better Together rally on Buchanan Street in Glasgow, Scotland, as the campaign ahead of the Scottish independence referendum intensifies, Thursday Sept. 11, 2014. The referendum on Scotland's independence takes place on September 18. (AP Photo/PA, Danny Lawson)

    Scottish Banks to Move if Independence Is Approved

    GLASGOW, Scotland—Scotland’s leading banks warned Thursday that they would move their headquarters to England if Scots vote to leave the United Kingdom, intensifying doubts about... Read more

  • French President François Hollande (L) poses Economy Minister Emmanuel Macron following the presentation of the "34 plans for the new industrial France" Tuesday, Sept. 9, 2014, at the Elysee Palace in Paris. (AP Photo/Patrick Kovarik)

    European States Struggle With Draghi’s Challenge

    FRANKFURT, Germany—European Central Bank head Mario Draghi made the first move in his grand plan to rescue the economic recovery. Now it’s over to the... Read more

  • In this Oct. 6, 2009, photo employee John Abou Nasr pushes shopping carts in the parking lot of a Home Depot in Methuen, Mass. Home Depot’s data breach could wind up being among the largest ever for a retailer, but that may not matter to its millions of customers. (AP Photo/Elise Amendola)

    4 Reasons Shoppers Will Shrug Off Home Depot Hack

    NEW YORK—Home Depot’s data breach could wind up being among the largest ever for a retailer, but that may not matter to its millions of... Read more

  • Ukrainians hold posters during a remembrance ceremony in memory of the Sept. 11 terror attacks in the United States and memory of the people, who died during the Boeing 777, Malaysia Airlines flight MH17 crash in eastern Ukraine at the monument of victims of terror in Kiev, Ukraine, Thursday, Sept. 11, 2014. Text reads: 'People have a right to life'.(AP Photo/Efrem Lukatsky)

    European Union Hits Russia With New Economic Sanctions Over Ukraine

    BRUSSELS—The European Union has decided to slap new economic sanctions on Russia — including ones targeting the country’s vital oil industry — for what it... Read more

  • Apple CEO Tim Cook introduces the new Apple Pay product in Cupertino, Calif., on Sept. 9, 2014. Some experts believe Apple Pay, with its presence on millions of iPhones and its advanced security features, could be the service that leads to widespread adoption of the so-called mobile wallet. (AP Photo/Marcio Jose Sanchez)

    Will Apple’s Digital Wallet Kill the Card Swipe?

    NEW YORK—Apple wants the plastic credit card to become as rare as the paper check. On Tuesday, the company announced Apple Pay, a digital payment... Read more

  • In this May 22, 2014 photo, patrons enter an Olive Garden Restaurant in Short Pump, Va. Olive Garden is hurting itself by piling on too many breadsticks, according to an investor that's disputing how the restaurant chain is run. (AP Photo/Steve Helber)

    Investor Tells Olive Garden: Back Off on the Breadsticks

    NEW YORK—Olive Garden is hurting itself by piling on too many breadsticks, according to an investor that’s disputing how the restaurant chain is run. In... Read more

  • (Mandy Cheng/AFP/Getty Images)

    HTC Looking to Compete With GoPro by Launching New Rugged Camera

    HTC may have shelved plans for its smartwatch but the company is still looking to diversify its portfolio. According to a Bloomberg reporter the company might unveil... Read more

  • This Oct. 17, 2012, photo shows a sign in front of Yahoo! headquarters in Sunnyvale, Calif. Yahoo says the government threatened to fine the company $250,000 a day if it did not comply with demands to go along with an expansion of U.S. surveillance laws by surrendering online information, a step the company regarded as unconstitutional. (AP Photo/Marcio Jose Sanchez)

    U.S. Threatened Yahoo With Huge Fine Over Surveillance

    WASHINGTON—Yahoo’s free email service could have cost the company an extra quarter of a million dollars a day. The government called for the huge fine... Read more

  • PA sign is posted outside of the Hewlett-Packard headquarters on May 23, 2014 in Palo Alto, California. (Justin Sullivan/Getty Images)

    HP Fined $58.7M for Bribery of Russian Government

    SAN FRANCISCO—Hewlett-Packard Co. pleaded guilty Thursday to felony charges that former employees bribed Russian government officials for a contract, and the company has been fined... Read more

  • This Oct. 17, 2012, photo shows a sign in front of Yahoo! headquarters in Sunnyvale, Calif. Yahoo says the government threatened to fine the company $250,000 a day if it did not comply with demands to go along with an expansion of U.S. surveillance laws by surrendering online information, a step the company regarded as unconstitutional. (AP Photo/Marcio Jose Sanchez)

    Yahoo Says Gov’t Threatened $250,000 a Day Fine

    WASHINGTON—Yahoo said Thursday the government threatened to fine the company $250,000 a day if it did not comply with demands to go along with an... Read more

  • Challenges when negotiating in Spain and Latin America. (iStock/Getty Images)

    Challenges for Negotiators in Spanish Speaking Countries

    BUENOS AIRES—According to the World Economic Forum (WEF), problems are afflicting many countries in Latin America when it comes to doing business. Corruption, taxes, and... Read more

  • In this Oct. 6, 2009, photo employee John Abou Nasr pushes shopping carts in the parking lot of a Home Depot in Methuen, Mass. Home Depot’s data breach could wind up being among the largest ever for a retailer, but that may not matter to its millions of customers. (AP Photo/Elise Amendola)

    4 Reasons Shoppers Will Shrug Off Home Depot Hack

    NEW YORK—Home Depot’s data breach could wind up being among the largest ever for a retailer, but that may not matter to its millions of... Read more

  • Houses become more affordable when mortgage rates fall. (Epoch Times)

    BMO Offers 2.99% 5-Year Fixed-Rate Mortgage Again

    TORONTO—The Bank of Montreal has slashed its five-year fixed mortgage rate to 2.99 percent, a level that had previously raised concerns that it may lead... Read more

  • Russian president Vladimir Putin during a press conference in Brussels on January 28, 2014. (Georges Gobet/AFP/Getty Images)

    €250M Euro From European Union to Agriculture Which Is ‘Made in Italy’

    ROME—Brussels takes action to help European countries affected by the Russian embargo against the agri-food sector. Big money especially supports agricultural and cheese producers, who... Read more

  • Cabana Bay Beach Resort at Universal Orlando Resort officially grand-opened with a special performance by The Beach Boys June 19, 2014 in Orlando, Florida. (James Kilby/Universal Orlando Resort via Getty Images)

    Universal Orlando Plans To Build 5th Resort

    ORLANDO, Fla.—A fifth mega-hotel is being built at Universal Orlando. The theme park resort announced the plans Tuesday with Loews Hotels & Resorts, which will... Read more

  • Customers exit a Dollar General store, in San Antonio. Dollar General is going hostile with its $9.1 billion bid for Family Dollar after repeated rejections of previous offers by its rival. (AP Photo/Eric Gay)

    Dollar General Goes Hostile in Bid for Rival

    Dollar General is going hostile with its $9.1 billion bid for Family Dollar after its rival repeatedly rejected previous offers. The discount chain has commenced... Read more

  • Minecraft
(Courtesy of Microsoft)

    Microsoft in Τalks to Βuy Minecraft Μaker Mojang for Οver $2 Βillion

    Microsoft is in “serious discussions” to buy Mojang, the creator of the massively popular online game Minecraft, for more than $2 billion dollars. The new... Read more

  • Outgoing Ferrari President Luca Di Montezemolo attends a press conference at the Ferrari headquarters in Maranello, Italy, Wednesday, Sept. 10, 2014. Fiat-Chrysler announced that Ferrari president Montezemolo will leave the company next month amid a disappointing season by the flagship Formula One team and before an imminent stock listing of merged parent company Fiat-Chrysler. The statement from Ferrari's parent company said Montezemolo will depart on Oct. 13 following Ferrari's 60th anniversary celebration of sales in the United States. Fiat-Chrysler CEO Sergio Marchionne will take on the Ferrari job in the immediate term. (AP Photo/Antonio Calanni)

    Ferrari President Montezemolo to Leave the Company

    TURIN, Italy—After more than two decades presiding over one of the biggest and most successful teams in Formula One, Luca Di Montezemolo is stepping down... Read more

  • Phil Schiller, Apple's senior vice president of worldwide product marketing, discusses the new iPhone 6 (C) and iPhone 6 plus (R) on Sept. 9, 2014, in Cupertino, Calif. (AP Photo/Marcio Jose Sanchez)

    Apple Reveals Larger iPhones and Smartwatch, Mobile Payment, New Software…

    CUPERTINO, Calif.—For the first time in years, Apple’s iPhones weren’t the star of the show. Apple unveiled a smartwatch on Tuesday, a wearable device that... Read more

  • Apple CEO Tim Cook introduces the new iPhone 6 and iPhone 6 Plus on Sept. 9, 2014, in Cupertino, Calif. (AP Photo/Marcio Jose Sanchez)

    Apple Live: New IPhones, Wearable Device Expected

    CUPERTINO, Calif.—Apple’s larger iPhones won’t just have bigger screens. They’ll have a new, horizontal viewing mode to take advantage of the larger display. The iPhone... Read more

  • Ray Rice #27 of the Baltimore Ravens sits on the bench against the Dallas Cowboys in the first half of their preseason game at AT&T Stadium on Aug. 16, 2014, in Arlington, Texas. (Ronald Martinez/Getty Images)

    Nike Ends Business Relationship With Ray Rice

    NEW YORK—Nike is severing its business ties to Ray Rice a day after he was let go by the Baltimore Ravens and suspended indefinitely by... Read more

  • Google Executive Chairman Eric Schmidt, center, arrives for a meeting about the "right to be forgotten" in Madrid, Tuesday, Sept. 9, 2014. (AP Photo/Daniel Ochoa de Olza)

    EU Antitrust Officials Reject Google’s Settlement Offer

    BRUSSELS—The European Union’s antitrust body is again rejecting Google’s offer to settle a case claiming it abuses its dominant position in Internet searches. The 28-nation... Read more

  • A notice informing customers of the quality of food products is displayed outside a McDonald's fastfood restaurant in Hong Kong on July 28, 2014. McDonald's in Hong Kong suspended sales of chicken nuggets and several other items including chicken burgers, salads and lemon tea after admitting it imported food from a U.S.-owned firm in China at the centre of an expired meat scandal on July 25. (Dale de la Rey/AFP/Getty Images)

    McDonald’s August Sales Hurt by China Scandal

    OAK BROOK, Ill.— McDonald’s said Tuesday that a key global sales figure fell 3.7 percent in August, driven lower as the world’s biggest hamburger chain’s... Read more

  • More than 5,000 employees at the Showboat and Revel Casinos lost their jobs as both places closed this weekend in Atlantic City, New Jersey. Four of the 12 casinos with which Atlantic City started the year will have closed by the middle of September. That is putting almost 8,000 people total out of work. Trump Plaza is closing September 16, 2014, and the Atlantic Club shut down in January. (Jessica Kourkounis/Getty Images)

    Trump Casinos File for Bankruptcy

    ATLANTIC CITY, N.J.—Trump Entertainment Resorts has become the latest Atlantic City casino owner to file for bankruptcy protection. The company filed in U.S. Bankruptcy Court... Read more

  • FILE - This July 16, 2013 file photo shows a Wall Street street sign outside the New York Stock Exchange in New York. Asian stocks erased gains and European markets were lower Thursday Sept. 11, 2014 as investors tried to second guess the Federal Reserve's thinking on the timing of an interest rate hike.  (AP Photo/Mark Lennihan, File)

    Wall Street Stocks Slip, Heading for Weekly Loss

    NEW YORK—The stock market edged lower in early trading, heading for its first weekly loss since the start of August. Declines were led by energy... Read more

  • In this Tuesday, Aug. 19, 2014 photo, a woman passes an active wear display at a J.C. Penney store, in New York. The Commerce Department releases retail sales data for August on Friday, Sept. 12, 2014. (AP Photo/Richard Drew)

    U.S. Retail Sales Rise in August on Auto Sales

    WASHINGTON — Auto buying drove U.S. retail sales higher in August, a possible sign that job growth in recent months has led to accelerated consumer... Read more

  • Challenges when negotiating in Spain and Latin America. (iStock/Getty Images)

    Challenges for Negotiators in Spanish Speaking Countries

    BUENOS AIRES—According to the World Economic Forum (WEF), problems are afflicting many countries in Latin America when it comes to doing business. Corruption, taxes, and... Read more

  • In this Nov. 23, 2011, photo an American flag flies from the US Capitol in Washington. The federal government ran a lower budget deficit in August 2014 than a year ago, remaining on track to record the lowest deficit for the entire year since 2008. Worries over the timing of a US rate hike, economic weakness in China and an impending referendum on Scottish independence kept a lid on global stock markets Wednesday, Sept. 11, 2014. (AP Photo/Carolyn Kaster)

    Stocks Close Mixed; Health Care Companies Sink

    NEW YORK—U.S. stocks are ending mixed as traders consider the outlook for interest rates, the latest sanctions against Russia and volatile energy prices. Healthcare stocks,... Read more

  • In this June 23, 2014, photo recruiter Christina O. (L) with New Western Acquisitions meets with employment seekers during a job fair in Philadelphia. The Labor Department reports on the number of people who applied for unemployment benefits last week on Thursday, Sept. 4, 2014. (AP Photo/Matt Rourke)

    Unemployment Benefits Extension 2014: US Budget Dips to $128B in August

    WASHINGTON—The federal government ran a lower budget deficit this August than a year ago, remaining on track to record the lowest deficit for the entire... Read more

  • A Yes supporter crashes a Labour Better Together rally on Buchanan Street in Glasgow, Scotland, as the campaign ahead of the Scottish independence referendum intensifies, Thursday Sept. 11, 2014. The referendum on Scotland's independence takes place on September 18. (AP Photo/PA, Danny Lawson)

    Scottish Banks to Move if Independence Is Approved

    GLASGOW, Scotland—Scotland’s leading banks warned Thursday that they would move their headquarters to England if Scots vote to leave the United Kingdom, intensifying doubts about... Read more

  • French President François Hollande (L) poses Economy Minister Emmanuel Macron following the presentation of the "34 plans for the new industrial France" Tuesday, Sept. 9, 2014, at the Elysee Palace in Paris. (AP Photo/Patrick Kovarik)

    European States Struggle With Draghi’s Challenge

    FRANKFURT, Germany—European Central Bank head Mario Draghi made the first move in his grand plan to rescue the economic recovery. Now it’s over to the... Read more

  • Ukrainians hold posters during a remembrance ceremony in memory of the Sept. 11 terror attacks in the United States and memory of the people, who died during the Boeing 777, Malaysia Airlines flight MH17 crash in eastern Ukraine at the monument of victims of terror in Kiev, Ukraine, Thursday, Sept. 11, 2014. Text reads: 'People have a right to life'.(AP Photo/Efrem Lukatsky)

    European Union Hits Russia With New Economic Sanctions Over Ukraine

    BRUSSELS—The European Union has decided to slap new economic sanctions on Russia — including ones targeting the country’s vital oil industry — for what it... Read more

  • Signs welcome visitors to a model home as construction is under way at a housing development in Zelienople, Pa. Wednesday, Sept. 10, 2014. (AP Photo/Keith Srakocic)

    30-Year Mortgage Rate Rises Slightly to 4.12 Percent

    WASHINGTON—Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year. Mortgage company Freddie Mac said Thursday the nationwide... Read more

  • In this June 12, 2014 photo, Laura MacDonald, 25, interviews for an administrative sales position at the Cleveland Career Fair in Independence, Ohio.  The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week. The report will be released Thursday Sept. 11, 2014 at 8:30 a.m. Eastern.(AP Photo/Tony Dejak)

    Unemployment Aid Applications Rise to 315K

    WASHINGTON—More people sought U.S. unemployment benefits last week, though the trend in benefit applications in the past month remained low. The Labor Department says that... Read more

  • RadioShack Corp. announced plans to close nearly 1100 of its electronics stores in the coming months. (Justin Sullivan/Getty Images)

    RadioShack Says it May Need More Capital

    NEW YORK— RadioShack says it may need more capital to help complete its turnaround efforts. CEO Joseph Magnacca said in a statement on Thursday that... Read more

  • A woman walks past an electronic board of a local bank showing the Hong Kong share index in Hong Kong Wednesday, Sept. 10, 2014. Global stocks sank under the weight of worries about the possible timing of a U.S. rate hike, economic weakness in China and an impending referendum on Scottish independence. Hong Kong's Hang Seng fell 1.9 percent to 24,705.36. (AP Photo/Vincent Yu)

    World Stocks Down as Fed’s Next Policy Move Mulled

    SEOUL, South Korea— Asian stocks erased gains and European markets were lower Thursday as investors tried to second guess the Federal Reserve’s thinking on the... Read more

  • A Scottish Saltire flag flies over Lambeth Town Hall on Sept. 10, 2014, in London, England. English councils and national government buildings have been asked to fly the national flag of Scotland. Scottish voters will take part in a referendum on Sept. 18, 2014, to decide on independence. (Peter Macdiarmid/Getty Images)

    All Roads Lead to Greenback Strength: Secession Risks Emerge as Draghi Goes All-In

    Financial markets became a lot more uncertain with a number of risk factors coming to the fore and the U.S. dollar benefitting over the observation... Read more

  • Russian president Vladimir Putin during a press conference in Brussels on January 28, 2014. (Georges Gobet/AFP/Getty Images)

    €250M Euro From European Union to Agriculture Which Is ‘Made in Italy’

    ROME—Brussels takes action to help European countries affected by the Russian embargo against the agri-food sector. Big money especially supports agricultural and cheese producers, who... Read more

  • Rosemary Anderson of Watsonville, Calif., testifies on Capitol Hill in Washington, on Sept. 10, 2014, before the Senate Aging Committee hearing to examine Older Americans and student loan debt. Anderson could be 81 by the time she pays off her student loans. After struggling with divorce, health problems and an underwater home mortgage, the 57-year-old anticipates there could come a day when her Social Security benefits will be docked to make the payments. Like Anderson, a growing percentage of aging Americans struggle to pay back their student debt. Tens of thousands of them even see their Social Security benefits garnished when they cannot do so. (AP Photo/Lauren Victoria Burke)

    Senior Americans Burdened With Student Debt

    WASHINGTON—Rosemary Anderson could be 81 by the time she pays off her student loans. After struggling with divorce, health problems and an underwater home mortgage,... Read more

  • In this Feb. 3, 2011, photo a United Express jet takes off from Houston's Bush Intercontinental Airport in Houston. The regional airline industry may soon face the kind of consolidation that thinned the ranks of the largest airlines from eight between 2008 and the end of 2013. (AP Photo/Pat Sullivan)

    Regional Airlines Not Sharing in Big Companies’ Success

    DALLAS—For passengers traveling between smaller cities and large hub airports, the ticket may say Delta, American or United, but they’re likely flying on a regional... Read more

  • This July 15, 2013, photo shows the New York Stock Exchange in New York. Worries over the timing of a US rate hike, economic weakness in China and an impending referendum on Scottish independence kept a lid on global stock markets on Sept. 10, 2014. (AP Photo/Mark Lennihan)

    US Stocks Are Mixed Following Two Days of Losses

    NEW YORK—U.S. stocks were drifting between small gains and losses on Wednesday following two days of losses. Worries over the timing of a U.S. rate... Read more

  • Cypriot President Nicos Anastasiades addresses the nation in a live televised speech in Nicosia on March 25, 2013. (Petros Karadjias/AFP/Getty Images)

    EU Says Cyprus’ New Laws Clash With Rescue Deal

    NICOSIA, Cyprus—The European Union warned Cyprus Wednesday that it may be flouting the terms of its multibillion-euro rescue package after the country’s parliament approved legislation... Read more

  • In this July 30, 2012, photo Dave Krepco, director of the Second Harvest Food Bank, checks on inventory at the food bank warehouse in Orlando, Fla. The Commerce Department reports on wholesale stockpiles and sales in July. The report will be issued Wednesday Sept. 10, 2014. (AP Photo/John Raoux)

    US Wholesale Stockpiles Up 0.1 Percent in July

    WASHINGTON—Stockpiles held by U.S. wholesale businesses edged up in July by the smallest amount in a year while sales rose at a healthy clip. Wholesalers... Read more

  • France's Finance Minister Michel Sapin announces that the country will miss the European Union's deficit target for three more years during a press conference at Bercy in Paris, Wednesday, Sept. 10, 2014. Sapin said France's deficit would be around 4.3 percent of GDP in 2015 and would not dip under the 3 percent target for EU countries until 2017. (AP Photo/Francois Mori)

    Stalled France to Miss Deficit Target Until 2017

    PARIS—France has revised down its growth forecasts and says it will miss its deficit target for another three years, confirmation that Europe’s second-largest economy will... Read more

  • (L–R) General Sales Manager Deirdre O’Connell, Flushing Sales Manager Donna Rubertone, President and CEO Patricia J. Petersen, and COO Tom Calabrese of Daniel Gale Sotheby’s International Realty cut the ribbon on their first Queens office in Flushing, Sept. 5, 2014. (Courtesy of Daniel Gale Sotheby’s International Realty)

    Luxury Brokerage Expands Into Queens

    Last week, Daniel Gale Sotheby’s International Realty officially opened its first Queens office in Flushing to target the most diverse of communities in the city.“We’ve... Read more

  • Houses become more affordable when mortgage rates fall. (Epoch Times)

    BMO Offers 2.99% 5-Year Fixed-Rate Mortgage Again

    TORONTO—The Bank of Montreal has slashed its five-year fixed mortgage rate to 2.99 percent, a level that had previously raised concerns that it may lead... Read more

  • A condominium complex is under construction west of downtown Toronto. CMHC expects condominium starts to decline over the near term. (Epoch Times)

    Canadian Housing Starts Lower Than Expectations in August

    OTTAWA—The annual pace of housing starts in Canada slowed in August to 192,368 units, down from 199,813 in July, according to the Canada Mortgage and... Read more

  • Mishelle Farer, an avid user of Airbnb, in her apartment where she rents a room on Airbnb, in New York on Oct. 10, 2013. (AP Photo/Seth Wenig, File)

    Breaking Down the Labyrinth of Tax Laws for New York Vacation Home Owners

    Room sharing, room renting, and vacation home rentals have become very popular, garnering significant attention recently.Leading websites such as HomeAway.com and VRBO.com each list over... Read more

  • Podium of 488 University, by CORE Architects. (Amexon)

    488 University Luxury Condo to Rise Above Distinguished Toronto Avenue

    This week, Amexon launched 488 University, a 55-storey mixed-use building at the corner of University Ave. and Dundas St. West.  This type of development may be... Read more

  • The Little Tokyo Service Center's headquarters are at Casa Heiwa, an affordable housing project in downtown Los Angeles. Aug. 19, 2014. (Eric Zhang/Epoch Times)

    Group Fights for Affordable Housing in LA

    LOS ANGELES—The average Los Angeles resident spends nearly half of his income on rent, higher than anywhere else in the U.S. The city also has... Read more

  • Canada’s Housing Market Gains Strength as Mortgage Rates Stay Low

    Canada’s housing market is akin to a snowball gaining in size as it rolls downhill pushed by ongoing low mortgage rates, but it’s not in... Read more

  • This property in Ottawa is an example of one that was recently closed and will be used for a rent to own. (Innovalty Investments)

    Rent-to-Own as a Successful Real Estate Investment Strategy

    A popular type of real estate investment strategy is what is known as “rent-to-own” investing, or “lease option” investing. I will use the term “rent-to-own”... Read more

  • Renderings of 50 West in downtown Manhattan. (DBox)

    Downtown Tower Draws Families Across Manhattan

    The 64-story curved-glass 50 West tower has officially opened sales to the public, after a quiet phase during which 30 percent of the 191 units... Read more

  • Report: Oversight Lacking in NYC Payroll Project

    NEW YORK—Investigators say poor oversight allowed a New York City payroll-technology project to spiral into a $700 million tangle of contractor fraud, budget overruns and... Read more

  • A rendering of the finished 7 million square-feet Manhattan West development. (Courtesy of Brookfield Properties)

    Manhattan’s Far West Taking Shape

    Manhattan’s far west side, once a strip of ports and rail yards, has been reclaiming underutilized land for upscale development in recent years. And none... Read more

  • Investment properties in the U.S. can create additional tax filing requirements for Canadians depending on how the property is used. (Fotolia)

    Considerations for Canadians on Owning US Real Estate

    More and more Canadians are purchasing U.S. real estate for personal and/or rental use. It’s important to understand how different ownership options lead to different... Read more

  • Renderings of the interior of One York Street's 10th floor. (Courtesy of Urban Compass)

    Conceptualizing a Downtown Bachelor Pad

    Residents in the Enrique Norten-designed One York Street building in Tribeca have been turning down resale offers for up to $50 million, according to Urban... Read more

  • Rendering of 520 West 41st Street. (via Draft Environmental Impact Statement submitted to DCP)

    Silverstein’s Supertall West Side Project Proposing 1,400 Units

    Silverstein Development Corp.’s plans to develop a record setting 106-story supertall tower on the Hudson Yards site would hold 1,400 apartments, about 280 of which... Read more

  • New York Mayors Join Fight Against Zombie Properties

    Sixteen mayors state-wise have joined Attorney General Eric Schneiderman in support of a bill against zombie properties, or abandoned lots or homes that end up... Read more

  • (Courtesy of UrBin)

    On-Demand Storage for City Dwellers

    With the lowest car-ownership rate in the country, New York City is one of the best locations for delivery services, which really deliver anything from... Read more

  • Charles Stuart, VP of Land Sales at Marketvision. (Marketvision)

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    Hanging out for an hour with Charles Stuart feels like drinking an entire coffee mug of gin while watching a washing machine full of soaking... Read more

  • Elliot Taube. (International Home Marketing)

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  • Lobby of Royal Connaught. (Spallacci Group/Valery Homes)

    Hamilton’s Royal Connaught the Centre of New Residential Condo Project

    Hamilton’s Royal Connaught Hotel has been the centrepiece of the city for nearly a century. When you set eyes on its 13 Edwardian storeys, you... Read more

  • Darren Rovell discusses Cubs owner Tom Ricketts' announcement that the team will move forward with a renovation of Wrigley Field that could affect rooftop sight lines.

    Wrigley Renovation Could Lead to Lawsuit

    Darren Rovell discusses Cubs owner Tom Ricketts’ announcement that the team will move forward with a renovation of Wrigley Field that could affect rooftop sight... Read more

  • Trader Leon Montana works on the floor of the New York Stock Exchange, Aug. 19, 2014. (AP Photo/Richard Drew, File)

    Wall Street Stocks Open Lower as Sluggish Month Continues

    NEW YORK— U.S. stock indexes are opening slightly lower as the market’s sluggish September continues. The Dow Jones industrial average eased 27 points, or 0.2... Read more

  • In this Nov. 23, 2011, photo an American flag flies from the US Capitol in Washington. The federal government ran a lower budget deficit in August 2014 than a year ago, remaining on track to record the lowest deficit for the entire year since 2008. Worries over the timing of a US rate hike, economic weakness in China and an impending referendum on Scottish independence kept a lid on global stock markets Wednesday, Sept. 11, 2014. (AP Photo/Carolyn Kaster)

    Stocks Close Mixed; Health Care Companies Sink

    NEW YORK—U.S. stocks are ending mixed as traders consider the outlook for interest rates, the latest sanctions against Russia and volatile energy prices. Healthcare stocks,... Read more

  • A woman walks past an electronic board of a local bank showing the Hong Kong share index in Hong Kong Wednesday, Sept. 10, 2014. Global stocks sank under the weight of worries about the possible timing of a U.S. rate hike, economic weakness in China and an impending referendum on Scottish independence. Hong Kong's Hang Seng fell 1.9 percent to 24,705.36. (AP Photo/Vincent Yu)

    Drop in Energy Stocks Depresses Wall Street’s Morning Session

    NEW YORK—U.S. stocks opened lower Thursday, led by a decline in energy stocks as the price of oil continue to slide. Oil has tumbled 13... Read more

  • A Scottish Saltire flag flies over Lambeth Town Hall on Sept. 10, 2014, in London, England. English councils and national government buildings have been asked to fly the national flag of Scotland. Scottish voters will take part in a referendum on Sept. 18, 2014, to decide on independence. (Peter Macdiarmid/Getty Images)

    All Roads Lead to Greenback Strength: Secession Risks Emerge as Draghi Goes All-In

    Financial markets became a lot more uncertain with a number of risk factors coming to the fore and the U.S. dollar benefitting over the observation... Read more

  • Russian president Vladimir Putin during a press conference in Brussels on January 28, 2014. (Georges Gobet/AFP/Getty Images)

    €250M Euro From European Union to Agriculture Which Is ‘Made in Italy’

    ROME—Brussels takes action to help European countries affected by the Russian embargo against the agri-food sector. Big money especially supports agricultural and cheese producers, who... Read more

  • In this Aug. 19, 2014, photo trader Leon Montana works on the floor of the New York Stock Exchange. Worries over the timing of a US rate hike, economic weakness in China and an impending referendum on Scottish independence kept a lid on global stock markets on Sept. 10, 2014. (AP Photo/Richard Drew)

    US Stocks End Higher as Apple Shares Jump

    NEW YORK—U.S. stocks broke two days of losses on Wednesday as a jump in Apple shares helped push indexes higher. Apple rose 3.1 percent, its... Read more

  • Leaving aside security concerns Apple is not adding value to mobile payments with technology.  (AP Photo/Marcio Jose Sanchez)

    New Gadgets Are Fine, But What About Apple’s Added Value?

    Picking time periods is always tricky when comparing economic performance. Apple’ stock for example has outperformed the S&P 500 by 24 percent since April this... Read more

  • FILE - This April 22, 2010, file photo, shows a Wall Street sign in front of the New York Stock Exchange. Global stock markets were subdued on Tuesday, Sept. 9, 2014, but the dollar hit a six-year high against the yen on investor expectations the Federal Reserve will end stimulus and raise interest rates in coming months. (AP Photo/Mark Lennihan, File)

    Wall Street Stocks Open Lower; Home Depot Drops

    NEW YORK—Stocks are opening slightly lower, pulling the Standard & Poor’s 500 index back below 2,000 points. The S&P 500 fell five points, or 0.3... Read more

  • FILE - This Jan. 4, 2010 file photo shows an entrance to a Wall Street subway station in New York. U.S. stocks are edging lower in early trading Monday, Sept. 8, 2014, pulling the market back from a record high close last week. (AP Photo/Mark Lennihan, File)

    Stocks Drop as Oil Price Slump Hits Energy Sector

    NEW YORK—U.S. stock indexes moved mostly lower in early trading Monday after the market reached a record high last week. Energy stocks fell the most... Read more

  • FILE - This Jan. 4, 2010 file photo shows an entrance to a Wall Street subway station in New York. U.S. stocks are edging lower in early trading Monday, Sept. 8, 2014, pulling the market back from a record high close last week. (AP Photo/Mark Lennihan, File)

    Wall Street Stocks Start Slow; Yahoo Gains on Alibaba IPO

    NEW YORK—U.S. stock indexes moved mostly lower in early trading Monday after the market reached a record high last week. Campbell Soup fell after the... Read more

  • A Scottish and a Union flag fly outside a Scottish memorabilia shop in Edinburgh, Scotland. (AP Photo/Scott Heppell, File)

    UK Stock Markets Fall Amid Scotland Independence Fears

    LONDON—British stocks and the pound fell Monday after a poll showed a narrow majority supporting Scottish independence for the first time ahead of a Sept... Read more

  • A foreign exchange company employee walks in front of an electric monitor displays the current exchange rate of Japanese yen against US dollar at Gaitame. com. Co. Ltd., a foreign exchange company in Tokyo, on Sept. 5, 2014. (AP Photo/Koji Sasahara)

    S&P 500 Hits Record on Dividend Stocks

    NEW YORK—A surge in dividend-rich utility stocks helped push the Standard & Poor’s 500 index to a record Friday. Investors bought up the stocks after... Read more

  • A foreign exchange company money trader works as screens show the current exchange rate of Japanese yen against U.S. dollar, top right, and euro, top left, in Tokyo, Friday, Sept. 5, 2014. The U.S. dollar rose to around 105.70 yen, the highest since October 2008, on Friday morning. (AP Photo/Koji Sasahara)

    Wall Street, World Stock Markets Welcome Weak Jobs Report

    LONDON—Softer than anticipated U.S. jobs data helped rein in market expectations of an interest rate increase from the Federal Reserve in the next few months,... Read more

  • Trader Patrick McKeon works on the floor of the New York Stock Exchange on Aug. 21, 2014. US stocks rose on Sept. 4, 2014, after the European Central Bank (ECB) surprised traders by trimming its main interest rate to a record low, and announcing that it would purchase asset-backed securities in an effort to stimulate the region's ailing economy. (AP Photo/Richard Drew)

    Wall Street Today: Stocks Flat as Oil Drop Offsets ECB Stimulus

    NEW YORK—A slump in oil prices weighed on the stock market Thursday, pushing the Standard & Poor’s 500 index to its third straight loss. Stocks... Read more

  • Self-directed IRA investment options and restrictions to know

    One of the difficulties that we are faced with today is how to soundly make solid investments in light of the rough financial times. Whatever... Read more

  • Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI) (R) at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, on Sept. 3, 2014. Asian stock markets rose Wednesday, lifted by new signs of strength in the US economy and expectations that Europe's central bank will provide more support to the flagging region. (AP Photo/Lee Jin-man)

    Tech Stocks Turn Wall Street Lower

    NEW YORK—Reports that Russia and Ukraine were close to reaching a cease-fire agreement gave stock markets around the world a lift on Wednesday. In the... Read more

  • Traders work on the floor of the New York Stock Exchange on Sept. 2, 2014, in New York City. (Spencer Platt/Getty Images)

    Potential Ukraine Cease-Fire Boosts Wall Street Stocks

    NEW YORK—Reports of an apparent cease-fire in eastern Ukraine gave stock markets around the world a boost on Wednesday. U.S. stocks headed higher in early... Read more

  • In this Sept. 30, 2008, photo a Wall Street sign hangs in front of the New York Stock Exchange. US stocks wavered in morning trading on Sept. 2, 2014, as investors looked ahead to major economic reports out this week. (AP Photo/Mark Lennihan)

    US Stock Market Ends Slightly Lower

    NEW YORK—Concerns over weaker global growth appeared to overshadow strong reports about the U.S. economy Tuesday, nudging the stock market to a tiny loss. Crude... Read more

  • FILE - In this Sept. 30, 2008 file photo, a Wall St. sign hangs in front of the New York Stock Exchange. U.S. stocks wavered in morning trading Tuesday, Sept. 2, 2014, as investors looked ahead to major economic reports out this week. (AP Photo/Mark Lennihan, File)

    Stock Market Down in Midday Trading

    NEW YORK— U.S. stocks were mostly lower in early afternoon trading Tuesday even after news that the economy was gaining strength. The S&P 500 dipped... Read more

  • Traders work on the floor of the New York Stock Exchange on September 2, 2014. (Spencer Platt/Getty Images)

    Stock Market Mostly Losing in Morning Trading

    NEW YORK—U.S. stocks are wavering in morning trading Tuesday as investors look ahead to major economic reports out this week. Central banks meet in Europe... Read more


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