Ex-US Treasury Secretary urges Federal Reserve to not make the 'Serious Error' of Raising Interest Rates

Former U.S. Treasury Secretary Larry Summers claims that the aggressive sell-off on the global markets can lead to "a very serious situation" and raising interest rates could be a big mistake.


Comcast's super-fast cable internet will surpass Google Fiber

Comcast announced this week that it has plans to roll out a next-generation cable technology that will opportune it to compete at the same speed that Google Fiber has, which is 1 gigabit per second.

Intel Seeks to Improve Cloud Services from OpenStack with $100M Investment in Mirantis

Intel is partnering up with Mirantis to advance OpenStack cloud computing framework with a $100 million investment.

Home Care Workers Extra Compensation, But From Whose Pocket?

Many home health workers and other direct care workers will have the best day of their lives because they are going to have a raise. What drives this wage increase include union assertive campaigns, bountiful state minimum wage laws, an authoritative court decision on Friday and most significant is demand growth for paid home care by consumers.


Latest News

China is reportedly planning to cut deposits that banks are required to hold in reserve to counter the effects of a weaker currency.
The London property market that's been a favorite global hotspot for years, is fast losing its sheen as British pound becomes stronger, while emerging economies currencies are turning out to be weaker.
There are 1,000 businesses from 35 different companies that have officially signed up for Airbnb's latest corporate peer-to-peer lodging service, "Airbnb for Business."
A few sentences from Donald Trump's previous speech are, he wants the system simplified to the minimum and he wants to see a reduction in all taxes, especially for the corporate and middle class.
Greece's Prime Minister, Alexis Tsipras, resigned recently, triggering a snap election on September. This is just in time as the country is about to tap it new 86 billion bailout package.
Linkedin launched Wednesday a new app called Lookup that helps people find their co-workers online more efficiently by searching based on their name, title, education, skills, and experience.
Streamlining a startup business makes its workflow more efficient, effective, and faster. Some entrepreneurs become more of an employee to their company instead of running their company. This happens when they fail to automate and streamline their startup business.
Facebook is now the leading source of traffic for news, overtaking search giant Google, according to traffic analytics firm Parse.ly.
Hyperloop Transportation Technologies had agreed to work with Oerlikon Leybold Vacuum and engineering design company, Aecom, to build Elon Musk's vision; the Hyperloop tube.
This is no joke. If you are an iPhone user and got a $1, you have the great opportunity to test drive Samsung's latest phone models namely the Galaxy S6 Edge, Galaxy S6 Edge+, and the Galaxy Note 5.