Archive for the Category ‘Finance’

How Plastic Surgery as Economic Indicator

How Plastic Surgery as Economic Indicator

The Procedures for most of the plastic surgery are considered as non-essential, the patient can elect to have work done, just don’t expect health insurance to cover it. When the economy’s shaky and money is tight, they don’t have the money to spend. The fact is that elective cosmetic procedures rose by [...]

As Gingrich Is In Need of Cash,Forced to Focus on Donors Rather Than Voters

As Gingrich Is In Need of Cash,Forced to Focus on Donors Rather Than Voters

Newt Gingrich recently joined Gov. with more than 50 bundlers, who had powered Mr. Perry’s formidable campaign-cash machine , on a conference call of Texas.
Telling the group ,Mr. Perry asked his top financial rainmakers to raise money for Mr. Gingrich, that he fully supported the former House speaker.
But it seems unlikely that Mr. Gingrich will [...]

Looking At President Obama’s Plan for Higher Education

Looking At President Obama’s Plan for Higher Education

President Obama Wants to Force Colleges to Reduce Tuition, but at What Cost?
President Obama “put colleges and universities on notice” on Tuesday night in his State of the Union address.Find a way to stop tuition from going up, he told them, or risk losing federal aid money. Following up on that charge, Obama put forward [...]

Loonie reaches near three-month high against dollar

Loonie reaches near three-month high against dollar

TORONTO—The Canadian dollar reached its highest level against its U.S. counterpart in nearly three months on Thursday after new U.S. jobless data and Wednesday’s move by the Federal Reserve to keep rates low signaled the U.S. economic recovery may be faltering.
The loonie rose 0.21 of a cent to 99.86 cents US after going as high [...]

Affirmative-Action Foe Is Facing Allegations of Financial Misdeeds

Affirmative-Action Foe Is Facing Allegations of Financial Misdeeds

WASHINGTON — Ward Connerly, the black businessman who has been the face of the movement to end affirmative action for nearly two decades, is facing accusations from a prominent former ally that he has mismanaged — and exploited for his own benefit — donations to that cause made by fellow conservatives.

Mr. Connerly has faced accusations [...]

For-Profit Schools: ‘Agile Predators’ or Just Business Savvy?

For-Profit Schools: ‘Agile Predators’ or Just Business Savvy?

The mounting pile of evidence against for-profit institutions, a new report from the National Bureau of Economic Research finds a grim future for students who attend for-profit schools.
The study, written by a trio of Harvard researchers,Are these institutions “nimble critters” smartly capitalizing on the increased demand for college degrees by providing educational opportunities to students [...]

Deep Gulf drilling thrives 18 mos. after BP spill

Deep Gulf drilling thrives 18 mos. after BP spill

ALAMINOS CANYON BLOCK 857, GULF OF MEXICO (AP) — Two hundred miles off the coast of Texas, ribbons of pipe are reaching for oil and natural gas deeper below the ocean’s surface than ever before.
These pipes, which run nearly two miles deep, are connected to a floating platform that is so remote Shell named it [...]

Infosys,TCS see muted growth; fall in IT spend dims outlook

Infosys,TCS see muted growth; fall in IT spend dims outlook

The performance of the country’s top tier information technology companies is expected to be muted for the quarter to December 2011, following seasonal weakness due to holidays coupled with uncertainty over the impact of a weak rupee on their profits.
These companies are expected to maintain a cautious outlook for the remainder of this fiscal. This [...]

PSU stocks can help weather current storm

PSU stocks can help weather current storm

The stocks of public sector units, or PSUs, are getting curious looks from investors. Spooked by the volatile market and the uncertainty in the global scenario, most investors are looking for ideas to weather the storm. One such idea currently doing the rounds is picking up stocks with strong intrinsic value. That would explain why [...]

The Temporary Tax Cut – Tragic Death

The Temporary Tax Cut – Tragic Death

Christmas trees at the Capitol, carols at the National Cathedral–and another partisan catfight over taxes.Last year, Democrats and Republicans rang in the season with a bitter fight over extending the Bush tax cuts.
This December, lawmakers are bickering over another expiring provision: the payroll tax cut. Over the short term, allowing this cut to expire would [...]