Cracking Finance
Your only stop for Business, Finance, Jobs and Insurance news.
Why should we worry about US’s AAA rating downgrade?
As you might be fully aware by now, United States of America has, for the first time in history, lost it’s AAA rating. US has held this rating since 1917. Standard and Poor (S&P) reduced US’s rating from AAA to AA+. This move was made by S&P due to concerns …
Federal Reserve slashes card fees for merchants
For all you business owners with merchant accounts, there is a very good news. The Federal Reserve Board has decided to cut down the fees from 44 cents to 21 cents. The fees that I am talking about are the ones that banks and credit card companies collect for each …
AT&T about to buy T-mobile
Ladies and gentleman, we have a major acquisition taking place at the moment. AT&T, U.S. mobile service, has managed to strike a deal with Deutsche Telekom AG’s T-Mobile worth $39 billion.
This is so far the biggest deal this year and has already gained a lot of attention for numerous reasons. …
How to prepare yourself for another recession
While the worst part of the recession may have passed, the truth is that the American economy is still in deep trouble. Thousands lost their jobs, houses, cars and are still struggling to recover financially and economically. However, I wonder how many of them truly learned a lesson. For many, …
Apple quarterly results surpass expectations
Just recently, news of Apple’s Chief Executive Steve Job taking leave of absence due to poor health dropped the value of Apple’s shares but not for too long as they quickly picked up after Apple released its results for its fiscal first quarter.
Apple’s latest results have surprised everyone by surpassing …
Ernst & Young blamed for hiding Lehman Bros. ill condition
As we know, the recession in United States of America was mainly triggered when one of the most prestigious investment bank, Lehman Brothers, went bankrupt. So far the government has not been able to clearly blame someone for this.
Recently, Attorney General Andrew Cuomo has accused Ernst & Young, a reputed …
Google TV arrives, brings internet and TV together
If you are a Google fan, you may already know that Google TV is finally here. Google TV has been in the news for a long time now and after all that wait, it has arrived. The idea is simple: TV + Internet. Internet is finding its place in almost …
Motorbike and motorcycle insurance – important factors to consider
Motorbike insurance – You hear a lot about car insurance but not that much about motorcycle insurance. Maybe it has to do with cars being more expensive and more popular. But there are several motorbike users in this world who are looking to get insurance for their motorbikes.
If you have …
Google in trouble over privacy concerns
As you probably already know, Facebook has been in the news lately over privacy issues. The new changes to the privacy policy have stirred several protests.
Now it’s Google’s turn. As you know, Google offers a service called Street View which provides street pictures around the world on Google Maps. Google’s …
Why you should not delete your Facebook account!
Whether or not you are a Facebook user, you probably know the main reason why Facebook has been in the news lately. Facebook, the most popular social networking site as of now, likes to makes changes on a regular basis. Recently, it altered its Privacy Policy quite a bit and …
Blog RSS Feed
Follow Me on Twitter