The Greek Stock Market Just Opened After 5 Weeks of Silence — And It’s Still One Big Mess

Posted on August 12, 2015November 25, 2020Categories Business, Headlines, Investing   Leave a comment on The Greek Stock Market Just Opened After 5 Weeks of Silence — And It’s Still One Big Mess

The Athens Stock Exchange had only been open for a matter of minutes after its five week hiatus before investors began breaking down into tears as their stocks plummeted. According to USA Today and Newsweek, the Greek stock market fell by a whopping 23% immediately after opening on Monday, August 3. However, it also climbed slightly to 16% by the end of the day, and as economists and investors have noted, it’s unreasonable to expect a market to do well … Continue reading “The Greek Stock Market Just Opened After 5 Weeks of Silence — And It’s Still One Big Mess”

Twitter Stocks Flew — and Then Fell — Because of a Bloomberg Imposter Website

Posted on July 24, 2015Categories Business, Headlines   Leave a comment on Twitter Stocks Flew — and Then Fell — Because of a Bloomberg Imposter Website

Using 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”

SEC’s In-House Jury-less Trials Under Fire

Posted on July 21, 2015Categories Headlines   Leave a comment on SEC’s In-House Jury-less Trials Under Fire

The Securities and Exchange Commission has been doing a pretty good job recently. In 2014, its enforcement division brought 755 cases and collected an agency record $4.1 billion. However, its powers may soon be weakened. The U.S. Chamber of Commerce recently called for numerous reforms to the SEC’s investigation process in a new report. The Center for Capital Markets Competitiveness (CCMC), which authored the report, suggests in the document strengthening policies surrounding in-house trials, admissions of wrongdoing, and “Wells notices,” … Continue reading “SEC’s In-House Jury-less Trials Under Fire”

The Student Loan Crisis: Why One Government-Backed Tuition Program May Not Be Enough

Posted on July 20, 2015Categories Economy, Headlines   Leave a comment on The Student Loan Crisis: Why One Government-Backed Tuition Program May Not Be Enough

Student loan debt: it’s the one part of college that can haunt you before you’ve even arrived on campus, and it remains your unwanted friend for long after you’ve graduated. Although plenty of Americans will argue that the student loan debt crisis reached its boiling point at least a few years ago, the government is finally attempting to curb the problem. As The Consumerist reports, the Obama Administration proposed back in January a piece of legislation that aims to make … Continue reading “The Student Loan Crisis: Why One Government-Backed Tuition Program May Not Be Enough”

J.P. Morgan’s ‘Zombie Debt’ Collection Practices Have Garnered a $136M Settlement

Posted on July 17, 2015Categories Business, Economy, Headlines   Leave a comment on J.P. Morgan’s ‘Zombie Debt’ Collection Practices Have Garnered a $136M Settlement

There’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”

Despite High Northeast Pollen Levels, Big Data Calculations Helped the Northeast Survive Spring Allergy Season

Posted on June 3, 2015November 25, 2020Categories Headlines   Leave a comment on Despite High Northeast Pollen Levels, Big Data Calculations Helped the Northeast Survive Spring Allergy Season

Predicting the severity of the spring allergy season each year is no easy feat; between calculating possible pollen levels to estimating how much allergy medicine will be consumed by adult (and pediatric) consumers, it’s not uncommon for researchers to make inaccurate predictions. In 2010, for example, the Northeast region of the U.S. went through an allergy medicine shortage. According to a recent report from the Wall Street Journal, several pharmaceutical companies struggled to produce enough allergy medicine for residents during … Continue reading “Despite High Northeast Pollen Levels, Big Data Calculations Helped the Northeast Survive Spring Allergy Season”

Chiropractors Have Most Secure Job in Nation, Financial Firm Finds

Posted on April 22, 2015Categories Business, Headlines   Leave a comment on Chiropractors Have Most Secure Job in Nation, Financial Firm Finds

Chiropractors have the best job security in the country, according to an analysis done by financial company 24/7 Wall Street and publicized in late March. The company used 2014 unemployment data from the U.S. Bureau of Labor Statistics to compare just shy of 600 careers. Chiropractic services had the lowest unemployment rate of any field, at just 0.1%. The median annual pay (calculated from 2012 data), was $66,160. Dr. Kevin Cunningham, vice chancellor for student affairs at Palmer College of … Continue reading “Chiropractors Have Most Secure Job in Nation, Financial Firm Finds”