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US Employment Figures Remain Robust Amidst Declining Retail Sales

US Employment Figures Remain Robust Amidst Declining Retail Sales

According to a US Labor Department report, initial jobless claims have contracted to 289,000 as of March 7. The claims, which indicate how many Americans filed for fresh unemployment benefits during the week, hit a three-week low compared to the revised 325,000 data in the previous week. An analysts’ poll […]

Twitter Disappoints As Growth Hits a Wall

Twitter Disappoints As Growth Hits a Wall

Twitter Inc reported for the first time a quarter that did not have any growth in users, since it became a public company. This has stoked fresh worries about how long it will be before the company can reverse this trend. The stalled expansion in the number of monthly users […]

US Private Sector Adds Fewest Jobs Since January 2014: ADP

US Private Sector Adds Fewest Jobs Since January 2014: ADP

According to Automatic Data Processing (ADP) Inc. National Employment report, private sector employers in the US have added the fewest jobs since January last year. This could increase concerns related to the revival of the US economy following a slump during the first quarter. This was evident by the fact […]

IBM Partnership With Apple Good For Stockholders

IBM Partnership With Apple Good For Stockholders

IBM shares were on the rise after the company announced an exclusive partnership with Apple (APPL) to transform enterprise mobility through a new class of business apps. In pre-market activity IBM (IBM) shares were up 2% . The stock closed at $188.40 on slightly higher than normal volume. Apple’s stock […]

Bank of England Left Rate Unchanged

Bank of England Left Rate Unchanged

The Bank of England policy makers said that low prices of oil and subdued growth in wages would keep a lid on the country’s inflation as they left the key rate at its record low. In its minutes from its meeting in December, the policy committee weighed the robust growth […]

Dual Screen Phone Launches in the United Kingdom

Dual Screen Phone Launches in the United Kingdom

As mobile device makers are becoming more and more competitive, the second generation YotaPhone is stepping up and making waves. This phone is being launched in the United Kingdom and designed with a larger screen, more powerful processer, and a full, touch e-ink display. Yota Devices is manufactured by a […]

ECB Announces Eurozone’s First Quantitative Easing Program

ECB Announces Eurozone’s First Quantitative Easing Program

The European Central Bank has reportedly disclosed plans to launch the first ever Quantitative Easing program for the Eurozone. The report follows an ECB meeting held on Thursday. ECB’s governing council has decided to launch its first and much-awaited Quantitative Easing (QE) program for the Eurozone, to help the distressed […]

Apple Works On Damage Control After Celebrity Accounts Hacked (AAPL)

Apple Works On Damage Control After Celebrity Accounts Hacked (AAPL)

Apple is in the hot seat after the nude photos of 100 or so female celebrities were apparently stolen from files stored in its iCloud service. Apple’s iCloud service allows users to store photos, media, documents, and other content in the cloud, where they can then access it from any […]