The average price of retail diesel has dropped to a record low — under $2 a gallon for the first time in 12 years, and gas is currently around $1.72 a gallon. The prices are tied to a huge supply of diesel and a warmer winter, according to the Energy Information Administration analysit Sean Hill. […]

Report by Cambridge professor’s takes a critical look at economics of immigration The current large-scale immigration policy of the UK will result in small gross economic benefits while creating serious negative consequences, according to a UK economics professor who has just published a report on his research. The moral and practical questions related to controlling […]

Many PayPal account holders have been unable to access their PayPal accounts for the past five days. Attempts to access their accounts results in a redirect loop fatal error. Pages of comments about the ongoing issue with PayPal have been filed on the website downdetector.com. Reports of the “too many redirects” error message began to […]

On Monday, August 25, the Italian stock market (Piazza Affari) plumbed down roughly 6 percent following the rapid decrease of the Chinese stock market of about 8.5 percent. Despite its geographic distance, China is progressively closer to Europe. The fluctuation of the stock market is just one of the many phenomenons resulting from the increase of relationship intensity between […]

As part of Google’s stated ambition to “do more,” co-founders Larry Page and Sergei Brin have announced they will be restructuring under the umbrella of Alphabet, Inc., a new parent company that will encompass Google and all other Page and Brin projects. Current Google CEO Page wrote in a blog Monday that in addition to […]

Some costs cut down on other costs, as any businessperson knows. Microsoft’s focus on cloud computing — after its recent failed purchase of Finish multinational communications and information technology company Nokia — is showing proof of smart business, according to analysts who point to findings that chief information officers are already using or are planning to use […]

Who knows best what content users of social media want to see? According to Facebook in statements accompanying the roll out of their latest news feed update, users themselves. “We know that ultimately you’re the only one who truly knows what is most meaningful to you and that is why we want to give you […]

Of 541 European businesses polled on their intentions to expand in China this year, only 26 percent said they were “optimistic” about their companies being profitable in China, and only 56 percent said they had plans to expand in the Asian nation. The number marks a significant drop from the previous year, when 86 percent of […]

American trend forecaster Gerald Celente’s quip that “As U.S. wages war, China wages business” is more reality than wit. The New York Times reported on Sunday that Xi Jinping visited Pakistan in preparation of a $46 billion investment in infrastructure projects. Meanwhile, the Obama administration remains mired in the backlash following the deaths of two […]

The clock is ticking on the Greek debt agreement, and the smell of impending default fills the air. The Financial Times reported on Monday that the Greek government is prepared to forego €2.5 billion worth of payments due to the IMF in the next couple months, effectively plunging the nation into default. The southern European […]

It’s anyone’s guess… On Wednesday, March 18th, the Federal Reserve released an official statement and held a press conference regarding monetary policy and current economic conditions. In this statement, the Fed projected a decline in its inflation expectation, and revised projected GDP growth downward. These are both signs of a slowing economy, not the accelerating […]

The end of civil war brings fresh opportunities Foreign investment is a hot topic at the moment. The idea mostly, in the current climate, invokes criticism and anger, such as the recent Guardian opinion piece that lamented the selling off of British and London infrastructure to foreign investors. To compound this, there has been general […]