Dunk City: Florida Gulf Coast is the Crown Jewel of March Madness

  Florida Gulf Coast apparel sales are soaring on the heels of the basketball team’s unparalleled success in this year’s NCAA Division I National Tournament.  The Florida Gulf Coast Eagles are the biggest surprise in this year’s NCAA Tournament, and thanks to this success, is now suddenly the hottest ...

Guns and Ammo Sales Propel Jobs Boom

  The booming enthusiasm for firearms is propelling a vibrant job market for the manufacturing of ammunition and firearms.    Guns and ammo are selling at a fast clip these days, and that means ammunition makers are hiring. In fact, some manufacturers are scrambling to find enough workers to meet their increased ...

Leveraged Finance Booming as Big-Ticket M&A Deals Soar

  Leveraged finance activity, specifically leveraged high-yield bonds and loans, is on pace to have one of its busiest months in the past decade. The loan market is surging as issuers continue to take advantage of meager borrowing costs. Another contributing factor is the sheer volume of big ticket M&A deals, which generate ...

Economy Much Worse Than We Think

  The Great Recession of 2008 may have officially ended during the summer of 2009, but many Americans are pessimistic about the overall state of the economy, according to a national survey conducted by the John Heldrich Center for Workforce Development at Rutgers University.  Nearly 1,110 unemployed and employed Americans ...

Weekly Jobless Claims Edge Higher

  The number of Americans filing new claims for unemployment benefits edged higher this past week, but a trend reading dipped to its lowest in five years and pointed to ongoing improvement in the labor market.    Initial claims for state unemployment compensation increased 2,000 to a seasonally adjusted 336,000 ...

Sitting on a Gold Mine: Cyprus has an Abundance of Natural Gas

  Cyprus has not been the luckiest nation in the recent weeks; however, at the end of 2011, an American energy firm made a find that was a bit more than fortuitous: the company found a massive giant natural gas field off of Cyprus’ southern coast.  The natural gas field is modest by international standards; Noble ...

Crisis Levels: Recession Looming over France

  Business activities in France shrank in March at the most rapid rate in four years, defying expectations for a broad improvement. Moreover, the gloomy figures probably plunge the euro zone’s second-largest economy into a widespread recession several surveys revealed on Thursday.   Data gatherer Markit claimed ...

Yahoo CEO Receives $1.1 Million Bonus after Ending Work-at-Home Program

  Yahoo CEO Marissa Mayer took home a $1.12 million cash bonus for her first half-year on the job in 2012. In addition to the cash bonus, Mayer received restricted stock worth another $13 million, according to Yahoo company filings.    Filings also disclosed that Mayer, who joined Yahoo in July of 2012, will receive ...

Workers not getting their Piece of the Pie

  The gap between hourly pay and productivity is the highest it’s been since the few years following World War II. “A larger share of what companies in the United States are producing is going to the owners, and operators of the firms and the lenders who financed the firm’s projects while a smaller percentage ...

Cyber Currency is Booming

  Bitcoin—digital currencies created by an anonymous hacker--sounds like something from the future or science fiction; however, the four-year-old currency is quite real and trading at an all-time high.    One Bitcoin was worth approximately 40 U.S. dollars earlier this week, and surged today to nearly $50 ...

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