Dow Jones Industrial Average (Dow)

The Dow announced that it is replacing the current Kraft Foods (KFT) in the index with UnitedHealth Group (UNH) at the close of market on Friday, September 21, 2012. The Dow Jones Industrial Average is also known as Dow, Dow 30, Industrial Average, DJIA and Dow Jones. It is one of the stock market indexes. […]

Quantitative Easing 3 (QE3)

On Thursday, September 13, 2012, the Federal Reserve Bank (Central Bank or Feds) of the U.S. announced that it is initiating a plan to buy $40 billion a month worth of mortgage-backed securities for an indefinite time period. It is intended to stimulate job growth and speed-up the stagnating economic recovery. Since this is the […]

The Berlin Air Show

The 2012 Berlin Air Show by the ILA will be held in September 11 – 16, 2012. Airbus is expected to complete its target of 600 planes for the year at the show according to news sources. At orders for 798 planes Boing is the world’s largest maker of planes. The Berlin show will showcase […]

What is happening with the Euro (€)?

Member states of the European Union (EU) have adopted the Euro (€) as the common currency and the sole legal tender. The EU consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain. The monetary policy of the EU is set by the European […]

The Best Protein Shake Recipes

The best protein shake recipes or meal replacement shake recipes are pretty much determined by what you like.  There are many homemade recipes that you can make according to your tastes.  Our bodies require protein so that our cells and organs can function properly.  Most women who are healthy need about 46 to 56 grams […]

The U.S. unemployment rate and the job growth

The U.S. unemployment rate stubbornly hover around 8.3 percent according to the latest estimates from the U.S. Bureau of Labor Statistics. The unemployment rate is fluctuating between 8.1 percent and 8.3 percent so far this year. However, it is still lower than the highest rate of 10 percent encountered in October 2009. The jobless rate […]

An unproductive Congress

The U.S. House and Senate started a five week vacation on August 3, 2012.  Most of the Congress will be campaigning for November elections.  The current Congress will be known as the most unproductive in the modern history. After the 2008 Presidential elections, Democrats were in the control of the Congress.  Major legislation passed by […]

Movie theater massacre in Colorado

An armed gunman killed 12 and wounded 58 in a movie theater in Aurora, Colorado just after midnight during an opening screening of the latest Batman movie “The Dark Knight Rises”. The gunman has been identified as a 24-yearold dropout of a neuroscience PhD program at the University of Colorado, Denver. At the time of […]

How Libor scandal affects you

On June 28, 2012, Barclays, the United Kingdom’s second largest bank by assets admitted to a claim by the authorities that it manipulated borrowing cost from 2005 to 2009 and agreed to pay a fine of $455 million to U.K. and U.S. authorities to settle charges. Barclays sets the London interbank offered rate commonly known […]

Apple’s iPhone and navigation

Since its launch in 2007, Apple’s iPhone carried Google’s mapping software on its home screen. This provided iPhone users directions as well as terrain information at their fingertip especially when they are on the road. At the recently concluded Apple’s Worldwide Developers Conference (WWDC) in San Francisco, it announced that Google Maps will be discontinued […]