The Face of Corporate America

Corporate America is in a great shape, at least when it comes to acquisitions, investments, and the face of its overall economy.  According to recent Federal Reserve Q2 data, non-financial companies’ liquid assets (currency, foreign deposits, money-market and mutual fund shares) reached a record of close to $2.3 trillion, marking a jump of nearly 60…

Insight Into Investing with the Silverfern Group

It’s always interesting and helpful in the financial world to look at company investing plans and processes. One company, the Silverfern Group with Clive Holmes and Reeta Holmes, was recently written about in the German institutional investment magazine Portfolio Institutionell. Today, the Silverfern Group has offices in New York, Frankfurt, Amsterdam and Sydney. Founders and…

Social Security Collection: Early or Delayed?

Seniors across the United States are planning to rely on Social Security income after they retire. Recent reports, however, have indicated that over 40% of seniors claim their funds almost immediately, resulting in a loss. According to Hans Scheil, CEO of Cardinal Retirement Planning, it’s behavioral finance. “They want the security of knowing a government…

Lucky iPhone 8 in China?

Apple Inc. is excited to be launching its iPhone 8 in China – but the Chines public isn’t jumping for joy. That’s because it has a price tag of as much as $1000 attached to it – and that’s about double the average Chinese monthly salary. The iPhone has slipped to the fifth position in…

Zalando Might Be Opening Stores

If you’re a fan of the online fashion retailer Zalando, you may be able to shop with them in person soon. That’s because they are thinking about opening stores in major cities. As the co-chief executive Rubin Ritter told Germany’s Manager Magazin,  “We have proper fans in the metropolises who spend much time with us…

800 Losing Job with Caterpillar Inc.

800 employees of Caterpillar Inc. are going to lose their jobs soon when the Aurora, Illinois plant closes. As Lisa Miller, the Caterpillar spokeswoman explained to Reuters, “Out of about 800 production positions, about 500 positions would likely be added to Decatur and about 150 positions would be added in North Little Rock.” This is…

3 Recent President Trump Nominations

Many new nominations have been getting attention in the Trump administration and are certainly worth noting and learning about in more detail. Last week, President Trump nominated Patrick Shanahan to be the deputy Defense secretary. Shanahan has, most recently, been Boeing’s Senior Vice President for Supply Chain and Operations. Prior to this, he was the…

Credit Card Wars

Credit card companies are facing off in a potential war to try to keep their customers – and to keep them happy. American Express Co. will be offering $200 a year in Uber rides to their customers, along with other perks, on their Platinum charge cards. They are hoping to keep their high-end customers happy…