Daily Pulse
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Glug glug glug - cash drains out of stocks
by
Paddy Hirsch
Sep 19, 2011
Money continues to flow out of the stock market. A report by Bloomberg News today cites research by the Investment Company Institute and EPFR...
Clawbacks: IRS collects $2.7 billion in unpaid taxes
by
Paddy Hirsch
Sep 16, 2011
The IRS says it has dredged up $2.7 billion from people who squirreled cash away in foreign bank accounts and failed to pay tax on it. The news t...
30-year mortgage rate falls again. Good news or bad?
by
Paddy Hirsch
Sep 15, 2011
Freddie Mac announced today that the 30-year mortgage rate has fallen to its lowest level since 1951. It's at 4.09 percent now, which should be...
iBuy: iPhone users anticipate upgrade
by
Paddy Hirsch
Sep 14, 2011
iPhone users say they will upgrade to the new iPhone 5....even though Apple hasn't even announced that there will be an iPhone 5. (of course they...
Running low: Truckers buy less diesel
by
Paddy Hirsch
Sep 13, 2011
Truckers are buying less diesel fuel. A study by Ceridian and UCLA found that diesel fuel purchases fell in July and August, meaning there's less...
Cereal killer: Corn crop could be worst since 2005
by
Paddy Hirsch
Sep 12, 2011
The USDA had some bad news for people who like to eat corn-based products today. The hot, dry summer is to blame for what's likely to be a poor c...
Breaking the bank
by
Paddy Hirsch
Sep 9, 2011
The markets buzzed today with reports that Bank of America may have to cut 40,000 jobs. This bad news comes less than 24 hours after President Obama launched a job creation proposal that looks both lackluster and doomed to failure in Congress.
For public good, not for profit.
Economy going to pot?
by
Paddy Hirsch
Sep 8, 2011
More Americans are smoking pot. That's the finding of a survey by the Substance Abuse and Mental Health Services Administration, which says more ...
U.S. falls in competitive stakes
by
Paddy Hirsch
Sep 7, 2011
America is now the fifth competitive economy in the world. The World Economic Forum dropped the U.S. one place in its rankings, putting America...
Stay cool, America
by
Paddy Hirsch
Sep 6, 2011
The U.S. is still the coolest kid on the block. So says a survey of 30,000 people all round the world by badoo.com. We knew this all the time, of...