Bill Gates overtakes Carlos Slim as richest man in the world
After five years out of the top spot, Bill Gates has regained his title as richest man in the world, beating Mexican billionaire Carlos Slim.…
Housing starts fell in April, new home applications reach 5-year high
Housing starts fell in April, most of the decline was in apartment construction. Applications for new construction reached a five-year peak.…
How Inca Kola survived the cola wars and became an icon
Inca Kola took the country by storm and by the mid 1940’s Peruvians were sucking it down by the gallons. It survived the cola wars and is a national icon. …
Marketplace Fairness Act, another burden on Main Street
The Marketplace Fairness Act allows states to collect sales taxes at the time of a transaction performed online or by catalog retailers. …
The most hated stock market rally ever!
This is possibly the biggest rally ever and yet no one cares. As the stock market makes new high after new high, there are some very odd things going on. …
Retail sales rebound in April: Spending adds to economic growth
The rebound from a weak March suggests consumers may help boost economic growth again this spring as retail sales edged up 0.1 percent in April from March.…
Yahoo! considering adding Hulu to family
Rumor has it that Yahoo! Chief Executive Officer Marissa Mayer is considering a big buy for the company: online streaming service Hulu.…
Brazil takes over Mexico for WTO Director General spot
For the first time in the history of the World Trade Organization (WTO), two Latin American contenders were disputing the leadership of the international institution that deals with the no menial task of facilitating trade…
Baltimore first Hispanic woman developer turns ordinary to extraordinary
Torruella Gaines found an opportunity as a real estate developer to give back to Baltimore, the city she loves, building a strong company, “Tu Casa Development Group,” with over one million dollars in real estate…
Freddie Mac reports big earnings in Q1: $4.6 billion net income
Freddie Mac earned $4.6 billion in Q1, helped by a stronger housing market. They paid $7 billion to the U.S. Treasury toward their $170 billion bailout.…
