According to Slice, a firm that measures US consumer habits, the demand for the Apple Watch dropped after the first week and it hasn’t recovered since. Quartz believe it’s mostly due to the watch not knowing what problem to fill (that and the entry fee is a bit high for mainstream users).
If you could only be a clown…to the world’s biggest brand…and never get…fired? McDonald’s CEO Steve Easterbrook says that Ronald McDonald is here to stay and stay he will.
Memorial weekend is just around the corner and that usually means higher prices at the pump. Well, it seems that brent crude has leveled off around $66 and looks to stay in that area for the three-day weekend.
AdultFriendFinder was hacked and all of your personal information was leaked! That’s 3.9 million members and this hack, according to MarketWatch, is “deeply personal”.
Remember the news stories about the Hong Kong markets this week, especially about Hanergy Thin Film Power Group Ltd. and Goldin Financial Holdings Ltd.? It appears that the pace at which they gained market cap is actually common, but market corrections are the ones that are “rare”. If this isn’t manipulation, I don’t know what it is.
Bad things will always be bad, right? Banks will never stop rigging the markets. They even say so in their disclosure notices. Check out what Matt Levine had to say about that.
The dollar rose after data showed core inflation exceeded expectations.
WARNING! Stocks and bonds are on the verge of collapse, according to David Stockman. He says he’s expecting a stock market crash very soon.
Is this the beginning of the end for all of us?
OPEC isn’t slowing down its oil production. Will we see low oil prices for a decade?
Ah, Goldman released a similar study, and now Bank Of America is doing it too. How To Exploit Millennials And Take Their Money. Seriously. They’re calling it a “Millennial investment opportunity.” Check it out.
As if things couldn’t get any worse! Fried food prices are going to increase! According to Bloomberg, canola seed farmers have been heavily affected by drought, threatening to cut production for its second consecutive year. NOOOOOOO!