The price of copper climbed Monday extending its upturn from last Friday after an earthquake affected Chile, the biggest producer of the red metal worldwide, and the price of the dollar declined. But the earnings were limited by concerns about the impact that might have for the economic world growth, the increase on the prices [...]
The dollar suffered a major decline today reaching its lowest price of these first two months of the year. Many investors are waiting for the testimony Ben Bernanke, president of the United States Federal Reserve, before the Congress, to make any decisions regarding investing in the dollar. There is much speculation on the street that [...]
The futures on gold moved higher for a second consecutive day this Monday, as the crisis in the Middle East and North Africa continued. At the same time, petroleum prices were near a 29 month high further increasing the attractiveness of the precious metal as an alternative asset. At the Comex division of the New [...]
Recent flyers distributed in South Africa advertising cash for human organs was discovered to be a hoax, officials there reported Thursday. The hoax was a publicity stunt for a soon to be released horror film, but authorities were working diligently to track down the alleged doctor issuing the ads. Even the Health Department issued a [...]
The U.S.-based daily discount website is set to tackle the world’s largest internet market yet. Groupon, accessed by 50 million user in the U.S. on a daily basis, is partnering with the Chinese internet leviathan, Tencent and will be called GaoPeng.com. Although electronic discounts are now hugely popular, it’s estimated the competition in China may [...]
Freddie Mac (OTC: FMCC) reports that long-term fixed rates dropped slightly below 5 percent this week with only 1-year treasury indexed ARM’s increasing. For the week ending February 24, 30-year fixed-rate mortgages had an average of 0.6 points and 4.95 percent interest for the week. That is down slightly from last weeks average of 5.0 [...]
NFC, or Near Field Communication is the technology that resides inside the increasingly popular tap-to-pay credit and debit cards that allow users to make payments without swiping a card’s mag-stripe through a terminal. A simple tap on a sensor is all that’s required to initiate a transaction. Now, the same technology is beginning to make [...]
Mac OS X Lion, the eighth iteration of Apple, Inc.’s (NasdaqGS: AAPL ) desktop operating system has shown its mane for the first time in the form of a preview sent to software developers. As is typical of any operating system cycle, Apple has released a developer preview to those individuals and companies who design [...]
New information on underage Canadian girls – two who were 12-years-old were sent to the U.S. to marry American polygamists has been revealed, prompting the R.C.M.P. to renew a criminal investigation into the matter. Cpl. Annie Linteau of the RCMP confirmed Friday that the province’s attorney general alerted the Mounties about the new evidence last [...]
A baby-sale ring in Thailand has been shut down, Taiwanese police said. Baby 101 advertises surrogate motherhood services in Thailand, but was actually discovered to be a ring in which Vietnamese women were forced to have babies which the company then sold for profit. Several Taiwanese, Chinese, and Burmese individuals have been arrested for running [...]