What that means is that there isn't much of a multiplier effect for the economy from quantitative easing - it basically boosts the economy by $1 for every $1 worth of quantitative easing the Fed does.
Founder Michael Dell’s attempt to take the computer maker private in a $24 billion deal has hit a snag, or two or three.
Over 90 percent of the decline is directly attributable to the tax hikes that went into effect in 2013, including the Social Security payroll tax hike, the various Obamacare tax hikes and President Obama's desired tax hikes upon high income earners and investments that were part of the fiscal cliff tax deal at the beginning of the year, all of which applied at the federal government level.
Whoever could blow the largest bubble before it blew up all over your face won the contest. Some contests were decided by a group vote, while other competitions were judged by simply measuring the width of the gum that covered your face and hair.
China's Shuanghui International has agreed to purchase Smithfield Foods for $4.7 billion in cash in order to fill a demand for pork in China, amid continued food safety scandals abroad.