Category: Featured News

With election day less than two weeks away, critics, supporters, and neutral analysts alike are zeroing in on the two major presidential candidates’ plans and platforms, particularly when it comes to reducing the national debt. According to a new report from the nonpartisan Committee for a Responsible Federal Budget, both Democrat Hillary Clinton’s and Republican Donald Trump’s proposed tax plans would significantly increase the current $20 trillion national deficit, despite their vastly opposing economic plans. In spite of her claims … Continue reading “Report: Trump and Clinton Economic Plans Will Both Increase National Debt”

If you’re among the three percent of Americans who invest in real estate and plan to buy property within the next 12 months, you may want to keep an eye on one property in particular. The childhood home of hotel tycoon and Republican presidential nominee Donald Trump will soon be up for auction. The brick and stucco Tudor house in Queens, New York was all set to go to auction last Wednesday, October 19; however, the owners chose to postpone … Continue reading “Donald Trump’s Childhood Home to Be Auctioned Off After Election”

It’s no secret that the U.S. is riddled with debt. However, until recently, few have known how much the average American is in the hole. In total, the U.S. owes a total nationwide debt of $12.29 trillion dollars. About two-thirds of this debt is home mortgage debt, which may be the result of 59% of homeowners misunderstanding the terms and details of their mortgage. If they perhaps had understood their agreement, they may not have been in such debt. Additionally, … Continue reading “America is Overwhelmed by Debt”

Samsung has announced that its Galaxy Note 7 recall will cost them approximately $3 billion as a result of discontinued sales. After weeks of reports that the device was overheating — and even bursting into flames — the South Korean company halted production early last week. Issues were thought to have been resolved when replacements were issued, but those too began to overheat and catch fire. The company expects most of the lost sales to hit bottom during the next … Continue reading “Samsung Note 7 Issues to Cost $3 Billion in Lost Sales for Phone Company”

Approximately 70% of all manufacturing facilities use a compressed air system, but these days, compressed air is being used for so much more. Thanks to France’s Production Functional Factory, cyclists can now use a small, hand-held compressed air system to reinflate their bikes’ tires. Many cyclists currently use a compact hand pump or CO2 cartridges to keep their high-pressure tires inflated on long trips. However, hand pumps take a lot of time and effort, and CO2 cartridges are expensive and … Continue reading “New Device Uses Spinning Bike Wheels to Generate Compressed Air for Under-Inflated Tires”

Although 2015 saw a few major, headline-grabbing data breaches, it looks like the overall amount of record breaches will increase by more than 56%. “What makes the large-scale data breaches somewhat disconcerting is that they came despite the fact that so many enterprises are supposedly bolstering their defenses in response to previous high-profile breaches,” read Breach Level Index’s official report. According to Dark Reading, during the first half of 2016, more than 554 million records — compared to the 707 … Continue reading “Data Breaches On Track to Exceed 1 Billion by the End of 2016”

Camping World Holdings, a recreational vehicle dealership, made headlines when its CEO, Marcus Lemonis, took the company public last week. The initial public offering raised a staggering $251 million. Lemonis, who owns 38 million shares of the company, intends to maintain his majority control, but offered about 11.4 million shares at $23 to the public. Camping World is the biggest RV retailer in the company, cornering a market of the almost 11 million children and adults who attend camps every … Continue reading “Camping World CEO Marcus Lemonis Takes His Company Public”