Economy

Credit Suisse Study 2022 Qatar World Cup Economic Fallout With Bribery Investigation Results Still Pending

Global financial services company Credit Suisse believes Qatar would only suffer short-term economic consequences if they were to lose the rights to host the 2022 World Cup as FIFA's bribery investigation against the desert nation winds down.

Barneys New York Pays Over $500M in Racial Profiling Settlement

The New York department store Barneys New York was accused of racially profiling black and Hispanic customers almost a year ago. About two weeks ago, Barneys New York gave out more than half a million dollars in a racial profiling settlement.

McDonald's Names Mike Andres New U.S. President in Midst of Slumping Sales

For the second time in two years, McDonald's Corp is replacing its U.S. president as the fast food chain struggles to improve sales in its home market.

Stock Market News: Dow Jones is Back Over 17,000, S&P 500 Rises as Well

Investors are expecting good statements from the Fed Friday U. S. stocks were higher with the Dow Jones Industrial Average hitting the 17,000 mark again and the S&P 500 hitting a new record.

Macy's, New York State Settle Racial Profiling, False Detention Complaints Against Latinos, African Americans

Retail store Macy's agreed to pay $650,000 to settle a 16-month investigation into allegations of racial profiling and false detentions of its customers.

US Unemployment Benefits Claims Drop 14,000, But Latino-Populated States See Increase in Initial Claims

The U.S. Department of Labor has updated its unemployment benefits claims for August, and while some states saw increases in initial claims, the overall seasonally adjusted figure dropped.

New York Minority and Women Business Leaders Protest City Contracting Laws They Claim are Devastating Their Businesses

Revisions to how the New York City contracts with minority and women owned businesses have led to fewer contracts, particularly for Hispanic-owned construction companies.

President Obama Immigration Reform Options: Executive Action Options Pitched by Business Groups

The White House has made it clear that President Barack Obama will use executive action to address the immigration crisis at the southern U.S. border, but the administration may be cooperating with businesses on how to tackle the problem.

Snapchat Reportedly Working with Brands on "Discovery" News, Media, and Ad Platform

Snapchat may not just be for sending your friends quick quirky messages that disappear after a few seconds. The skyrocketing social media site could soon ad advertisements, along with TV and movie clips and news.

Apple Stock Hits $100 per Share for First Time Since Stock Split

A new record for Apple shares. Apple's stock shares crossed over the $100 mark for the first time since the stock completed a seven-for-one stock split back in July.

Female Video Gamers Increase in US: Companies Target Women as Gender Gap Narrows

Average age is 31 Once upon a time, the majority of video gamers were men. That is not the case today, according to The Wall Street Journal Online. While the male gamers still outnumber the females, the gap right now is quite narrow.

Uber Car Service Hires David Plouffe: Ex-Obama Advisor to Help in Fight Against Taxi Industry

The future of transportation The startup ride-sharing company Uber's CEO Travis Kalanick has just announced that they have hired David Plouffe as their senior vice president for policy and strategy, according to The Huffington Post.

Samsung Galaxy Tab 4 Nook Release and Price News: Barnes and Noble Partners With Samsung For New Tablet

Exact same specs as the Samsung Galaxy tablet Samsung and Barnes & Noble are introducing a new e-reader and entertainment tablet. The companies are calling it "the first-ever full-featured Android tablet that is optimized for reading.

New York City's Herald Square Macy's Department Store to Pay Thousands for Racial Profiling, Report on New Policies for 3 Years

On Tuesday, Macy's signed a deal with New York Attorney General Eric Schneiderman to pay $650,000 for a settlement in allegations of racial profiling in its flagship store in Herald Square, New York City.

Honest Tea Experiment Deems Honolulu the Most Honest City in America.

Hawaii city takes first place for second year in a row. Honest Tea is trying to see just how honest people in the United States are. They've been conducting a social experiment on Americans for the past few years to see who is honest and who isn't so honest.

More Millennial Entrepreneurs Likely to Vote in 2014 Midterm Elections Than 2012, 'Skeptical' of Political Parties

More millennials are planning to vote this November than in 2012, yet the demographic's turnout is still lower than any other age group.

HTC One M8 Release News: Verizon Begins Selling Phone Exclusively for Windows

Phone is identical to the HTC One that runs Android At noon on Tuesday, Verizon Wireless exclusively began selling the HTC One M8 for Windows, a mouthful that boils down to an HTC One phone that runs the Windows Phone operating system, according to PC World.

Internet Explorer Reddit AMA: Microsoft Developers Reveal New Features, Ponder Browser Name Change

IE makes a comeback Developers and program managers of Microsoft's Internet Explorer joined the Reddit thread "Ask Me Anyting" (AMA) on Thursday in an attempt to persuade users online to give the notorious browser another chance, Gizmodo reports.

Housing Market News: Housing Starts Spike in July; Is the Economy Gaining Momentum?

Despite increase in consumer prices, economists say the market has momentum After two straight months of declines, U. S. housing starts bounced back sharply in July, suggesting that the economy is gaining some momentum, according to a Reuters report based on Commerce Department data.

Stock Market News: Nasdaq Hits 14-Year High, Dollar General Soars

Stocks were higher Monday, oil hits lowest level in more than a year. Stocks jumped Monday after tensions around the world eased and investor uncertainity fell.