A new report has been released by the Interactive Advertising Bureau (IAB) stating that mobile advertising grew exponentially over the past year — not just in the U.S., but on a global scale. According to AdWeek and Marketing Land, global mobile ad revenue reached $31.9 billion in 2014, which was a 64% increase from mobile advertising expenditures in 2013. Considering that 67% of consumers are more likely to make a purchase from a business that maintains a good mobile website … Continue reading “Mobile Ad Spending Higher Than Ever, According to Recent IAB Survey”
The Greek Stock Market Just Opened After 5 Weeks of Silence — And It’s Still One Big Mess
Posted on August 12, 2015July 19, 2024Categories Business, Headlines, Investing Leave a comment on The Greek Stock Market Just Opened After 5 Weeks of Silence — And It’s Still One Big MessWith everything happening in the stock market today more people are reading investment banking articles seeking to explain how investment banking relates to what everyday people are seeing in the news. Many people do not know investment banking basics because what investment banks do not seek out average people as clients. If you are interested in understanding this part of our economy you may want an investment banking guide that can walk you through how banks apply for the FINRA … Continue reading “The Greek Stock Market Just Opened After 5 Weeks of Silence — And It’s Still One Big Mess”
Commercial Real Estate Rates Rise, Says Fed
Posted on August 7, 2015July 19, 2024Categories Business Leave a comment on Commercial Real Estate Rates Rise, Says FedThe Federal Reserve announced on July 15 that commercial real estate prices have been rising quickly in certain regions of the country, and if the trend should continue, it’s possible that it could jeopardize the country’s financial stability. According to a report from the Wall Street Journal, the Federal Reserve presented its semiannual report to Congress on Wednesday and stated that, in additional to increased property prices, the economy is now seeing that “underwriting standards at banks and in commercial … Continue reading “Commercial Real Estate Rates Rise, Says Fed”
After-Hours Trading Adding $40B Brings Amazon’s Market Value to Record Highs
Posted on July 30, 2015July 19, 2024Categories Business, Economy, Sales & Marketing Leave a comment on After-Hours Trading Adding $40B Brings Amazon’s Market Value to Record HighsWith the announcement of its second quarter earnings, Amazon didn’t just come out on top of its other cloud computing competitors; it spurred a Wall Street frenzy which resulted in Amazon Web Services (AWS) adding $40 billion during after-hours trading. The second quarter earnings of AWS cloud computing services were announced on July 23, according to Business Insider and Forbes, and reportedly saw revenues jump 81% to $1.8 billion, which was 16 points higher than Wall Street had initially predicted. … Continue reading “After-Hours Trading Adding $40B Brings Amazon’s Market Value to Record Highs”
Twitter Stocks Flew — and Then Fell — Because of a Bloomberg Imposter Website
Posted on July 24, 2015July 19, 2024Categories Business, Headlines Leave a comment on Twitter Stocks Flew — and Then Fell — Because of a Bloomberg Imposter WebsiteUsing the URL bloomberg.market, a hoax news story from “Bloomberg” told investors on Tuesday, July 14 that Twitter had received a takeover offer of $31 billion, causing its stocks to skyrocket by 8%. By copying Bloomberg’s logo and website design, it took traders a while to realize that the story was a hoax. It’s no secret that consumers are heavily influenced by the design and color scheme of a business’s website; if an organization’s website looks unprofessional, 94% of consumers … Continue reading “Twitter Stocks Flew — and Then Fell — Because of a Bloomberg Imposter Website”
MetLife Introduces First Longevity Annuity for Its Clients’ Retirements
Posted on July 21, 2015July 19, 2024Categories Business, Investing Leave a comment on MetLife Introduces First Longevity Annuity for Its Clients’ RetirementsOn Monday, July 20, insurance giant MetLife revealed its first longevity annuity for individuals’ retirement accounts, making it the latest firm to take advantage of new rules that allow plan beneficiaries to use insurance products. According to Investment News, Metlife’s Guaranteed Income Builder will now be available as a qualifying longevity annuity contract (QLAC). A QLAC is a type of deferred-income annuity in which clients buy their contract now, but don’t see their annuity payments until much later in the … Continue reading “MetLife Introduces First Longevity Annuity for Its Clients’ Retirements”
J.P. Morgan’s ‘Zombie Debt’ Collection Practices Have Garnered a $136M Settlement
Posted on July 17, 2015July 19, 2024Categories Business, Economy, Headlines Leave a comment on J.P. Morgan’s ‘Zombie Debt’ Collection Practices Have Garnered a $136M SettlementThere’s nothing that American consumers like better than to see a major Wall Street financial institution put in its place, and consumers certainly got some entertainment out of the latest court ruling that cracked down on J.P. Morgan Chase and Co., resulting in a $136 million settlement for abuses on credit and debit card collections. According to USA Today and the Wall Street Journal, state and federal authorities began investigating the banking conglomerate after discovering possible “legal violations in…. the … Continue reading “J.P. Morgan’s ‘Zombie Debt’ Collection Practices Have Garnered a $136M Settlement”