Australian Banks: Floating on An Air of Invincibility
'My biggest worry is that millions of Australians are expecting money to be waiting for them that won't be there,' says Nick Hubble, your weekend editor and man behind the new Money for Life Letter, which launched earlier this week. If you haven't seen Nick's new film yet, you can check it out here.
Blizzard Raises its Outlook as it Hopes for Strong Holiday Shopping Season
Activision Blizzard Inc. posted its profit for the third quarter which exceeded analysts' estimates as company saw strong sales of its "Skylanders" and "Diablo" game titles. The largest video-game maker has also raised its full-year outlook as it expects strong holiday shopping season's sales of the latest game "Call of Duty."
Shares of Asia Slump On Concerns Over US Fiscal Cliff
Shares of Asia Slump On Concerns Over US Fiscal Cliff
New York University Asks Students to Plot Detailed Terrorist Attacks, Complete with Targets, Funding and Operatives
A New York University (NYU) professor has landed herself in the national spotlight after several of her students spoke out about a controversial class assignment that involved plotting the details of a realistic terrorist attack.
Weakest Growth of Quarterly Profit Registered by Lenovo in Two Years
Lenovo Group Ltd, which is looking to register itself as one of the top makers of PCs in the world, has suffered a major setback when it logged the weakest quarterly profit growth in a period of two years this quarter. The result was caused by the fact that more and more customers are intending towards the mobile gadgets instead of the PCs to fulfill their needs of computing.
Why US Infrastructure Spending Won’t Help the Economy
Why US Infrastructure Spending Won’t Help the Economy
Mr Market’s Turn to Vote
Stocks fell this morning. Hard. Last we checked, the Dow was down by more than 300 points. Gold dipped too, shaving $20 off the previous session's $45 per ounce gain. And energy prices were down across the board, with a barrel of oil trading just a touch above $85.
Wal-Mart Tempts Customers with Black Friday Deals on Thanksgiving Night
Wal-Mart Tempts Customers with Black Friday Deals on Thanksgiving Night
Why the Stock Market Couldn’t Care Less About Obama’s Win
We don't know. But if it's anything like the last four it will be full of meaningless sound bites, lies, trillion dollar deficits, and probably more bank bailouts. There was something genuinely depressing about the whole US election thing.
The Superannuation Gravy Train
Did you see former Treasurer Peter Costello's article in yesterday's Age? He gets stuck into fund managers and all the other travellers on the superannuation gravy train. The 'super system' holds around $1.3 trillion in assets, so it's no surprise it's attracting plenty of hangers on.
Sale of Apple iPad Soars Over 3 Million Over First Weekend
Apple Inc. has sold nearly 3 million of its new iPads in just three days of its availability in the market. The huge Apple iPad sales have been registered in just three days the tablet computers have been available.
End of Suzuki’s American Dream
This is the end of Suzuki's American dream. American Suzuki Motor Corp. informed that it would file for Chapter 11 bankruptcy protection.
Five Ways to Ensure You are Drinking Safe, Clean Water Even in a Crisis
The aftermath of the Northeastern U.S. Frankenstorm or superstorm demonstrates what can happen in heavily populated areas stricken without power and lots of flooding.
Marijuana Decriminalized in Washington and Colorado as Voters Reject Police State 'War on Drugs'
Here's some good news in the election results: Voters in Washington and Colorado have decriminalized small quantities of marijuana for recreational use. This is an attempt to end the insane waste of law enforcement resources on small-time pot users who pose no threat to society.
No Inflation to See Here!
It's a big week. The race that stops the nation will stop us from coming into our St Kilda headquarters tomorrow. We used to try working on Melbourne Cup day. But we gave up when we realised most people really do take the day off. But don't worry. We've queued up a special US election preview presentation for your enjoyment. Watch out for it.
Using the Habit of Optimism to Find Great Investment Opportunities
You may of already had your fill of electoral madness so how about some central banking madness?
The Cantillon Effect: Confessions of a One-Percenter
Larry Summers, bless his heart, is back on the Financial Times editorial page. He's arguing for more stimulus...more spending...more Barack Obama. We should send him a 'thank you'. He's been great for business.
Why Government Debt Blows Up
Richard Koo knows what's going on. At least, to a point. He's a fool, but not an idiot. In Bastiat's terms, he sees the effects of a debt deflation. As for the unseen consequences of the government's efforts to fix it, he doesn't even bother to look.
Economic Freedom: Why the USA is Now the Land of the (Less) Free
Today, we Americans will enter voting booths all across the nation to pull the levers that will shape our destiny. Either we embrace the big, expensive promises of the Left or we embrace the big, expensive promises of the Right.
Pricing Tussle of EU e-book to be Won by Amazon
According to sources familiar with the situation, the regulators of the European Union are all set to put an end to the antitrust probe on the prices of e-books by agreeing to the offer of Apple Inc. and also other publishers in order to loosen the price restrictions set on Amazon.com Inc.
Is Your Brain Getting Enough of this Critical Nutrient?
Long chain omega-3 fatty acids Ecosapentaenoic acid (EPA) and Docosahexaenoic acid (DHA) are critical for brain and eye health and development throughout the course of life. The western diet is deficient in high quality omega-3 fatty acids and is loaded with processed vegetable oils.
Deadly Antibacterial Chemical Triclosan Found in Human Breast Milk, Blood Plasma
It can be easily identified as a stated ingredient in many conventional brands of hand soap, toothpaste, shampoo, and hand sanitizer, but a new report out of Europe reveals that the deadly antibacterial chemical triclosan is also now showing up in persistently high levels in lakes and waterways around the world, as well as in human breast milk and blood plasma.
These Five Superfoods are Scientifically Proven to Halt the Spread of Breast Cancer
Though there is little meaningful talk about this important subject in the mainstream media, cancer prevention is something that every single person needs to be thinking about, especially in light of the excess of genetically-modified organisms (GMOs), environmental chemicals, and other modern exposures linked to rapidly rising rates of this deadly disease.
First Gene Therapy Study in Human Salivary Gland Shows Promise
Gene therapy can be performed safely in the human salivary gland, according to scientists at the National Institute of Dental and Craniofacial Research (NIDCR), part of the National Institutes of Health.
Scientists Find Achilles’ Heel of Cancer Cells
Scientists from the German Cancer Research Center (Deutsches Krebsforschungszentrum) and Heidelberg University Hospital have identified the HDAC11 enzyme as a promising target for new cancer therapies.
Why Gold Hasn’t Risen
We were on RT television. The pretty interviewer, Lauren Lyster, wanted to know what would happen after the election.
A Lesson in Hurricane Economics
Were you watching the markets yesterday, Fellow Reckoner? Well, you might have saved yourself the time. Stocks were flat. Oil and gold both rose, but each by less than half a percent. A virtually uninterrupted snoozefest, in other words.
When ‘Nanny State’ Deficits Becomes Unviable
In order to exercise control over the population, governments throughout history have made people dependent on government largess. A government can make an increasing number of people dependent on its generosity by providing more and more benefits to a larger and larger share of the population.
Symantec and PayPal hit by an Anonymous Hacking Spree
The Anonymous hacking spree on Symantec and PayPal is apparently just the inauguration of defacements and document dumps on the 5th of November that is marked as the Guy Fawkes Day or a day of protest.
Apple’s iPad Mini Rolled Out in Asia to Shorter Lines
Fans of Apple Inc.'s devices in numerous Asian countries had lined up on the 2nd of November in order to lay their hands on the Apple iPad mini that was due for release on that day. The price of the Apple iPad mini device has been set higher to some of the similar gadgets of rival companies like Amazon.com and Google Inc.