Crude Oil Price Falls Again

Posted On January 28, 2015

(New York, NY) -- Crude oil prices are getting hammered. West Texas Intermediate crude is back below 45 dollars a barrel today as stock continues to swing. A barrel fell as low as 44 dollars and 92 cents this morning. Yesterday, the American Petroleum Institute reported that inventories surged by almost 13 million barrels last…

Apple Has Enough Money To Pay Everyone $556

Posted On January 28, 2015

(Undated) -- Apple has enough money to pay every person in the United States 556-dollars. A new "USA Today" analysis shows the company currently has a cool 178-billion in cash and investments. In the fourth quarter, Apple posted unheard of profits of 18-billion dollars. Microsoft is also raking in a respectable pile of dough. The…

Shake Shack Expecting Higher IPO Results

Posted On January 28, 2015

(New York, NY) -- Shake Shack is expecting big results from its initial public offering. The burger chain's IPO prediction is up to between 17 and 19 dollars per share, which would value the company at up to 674-million dollars. The company is known for its Shackburgers, flat-top hot dogs and milkshakes. The New York-based…

Report Blames Walmart For American Obesity

Posted On January 28, 2015

(Undated) -- Walmart supercenters are expanding the American waistline. That's one of the conclusions of a new report published the National Bureau of Economic Research. The researchers found higher rates of obesity in areas dense with supercenters. The report notes that big-box retailers and Walmart in particular have made junk food increasingly cheap, plentiful and…

Citibank Settles Beef With New York Attorney General

Posted On January 28, 2015

(Undated) -- Citibank has an agreement with New York's attorney general over screening for checking and savings accounts. The "Wall Street Journal" reports the bank will be more forgiving of people's banking histories. Beginning March 15th Citi will change the way it uses information from a database of information on how people handle their bank…