James

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How to Make: A Tommy’s Margarita

A proper margarita does not come premixed in a bottle. Nor does it come from a neon-lit, hypnotically slow-churning slush machine sitting behind a …

6 Telltale Signs It's Time to Become Your Own Boss

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>It’s hard not to be intrigued by entrepreneurs.<p>The men and women who say goodbye to the security of a paycheck for the path of small business ownership make up the backbone of the American economy. They control their own destinies, …

Why the Term "Middle Class" Is Meaningless Today

"Hillary Rodham Clinton calls them 'everyday Americans.' Scott Walker prefers 'hard-working taxpayers.' Rand Paul says he speaks for 'people who work for the people who own businesses.' Bernie Sanders talks about 'ordinary Americans'," writes Amy Chozick in her <i>New York Times</i> article on how the term …

The bond-market exodus is accelerating

Bank of America Merrill Lynch's latest update on the bond market shows that the exodus from investment-grade debt funds is accelerating.<p>Investors last week pulled billions from funds investing in high-quality bonds issued by US companies, according to the BAML report.<p>This rush for the exit comes …

Iran is about to start selling oil that may cost just $1 a barrel

Citi, at the time, expected oil to go back up to $63 a barrel in 2015, after the price plummeted below $50.<p>Today, oil sits at $37 a barrel. Goldman Sachs recently agreed it could tumble as low as $20 a barrel, a level that would decimate the already heavily damaged economies of Saudi Arabia and …

Switzerland's biggest banking problem lies between its negative interest rates and non-existent cash

In other words, protestors want to limit the amount of financial speculation private banks can do by forcing them to only lend cash that can be taken from existing reserves.<p>For instance, if Bank X has £100 million in its reserves, it will only be allowed to lend up to £100 million.<p>Campaigners want …

The 5 Worst Investments of 2015

To say that 2015 was a trying year for America’s investor class would be an understatement.<p>Market participants were buffeted by a number of …

2015 NFL playoff picture and scenarios: Broncos clinch, but seeding still a mystery

Heading into Week 17, almost anything can still happen in a ridiculously tight AFC playoff race.<p>With an overtime victory over the Cincinnati Bengals on Monday night, the Denver Broncos have officially punched their ticket to the 2015 NFL playoffs. After a 7-0 start, it was unfathomable that Denver …

NFL

U.S. Stocks Down, and Running Out of Time

There are four trading sessions left in 2015, and it’s still an open question whether the major indexes will close out the year higher or lower. That pretty much tells you everything you need to know about the U.S. equity market in 2015.

Stock Markets

Colorado's pot industry is a cash business. A small credit union wants to change that.

Calling itself the "littlest David" battling the "biggest Goliath," a fledgling Colorado credit union took the Federal Reserve to court Monday in a case that may determine whether the cannabis industry will bank openly or continue to operate almost entirely in cash.<p>Denver's Fourth Corner Credit …

Cannabis

Predictions for the 2016 housing market | Reuters

(Reuters) - Is this going to be your year to buy a new home?<p>An advertisement for two-family homes is seen outside an oceanside community in the Rockaway area of the Queens borough of New York, September 16, 2015. REUTERS/Shannon Stapleton<p>No housing expert has a crystal ball, but Svenja Gudell, …

Real Estate

These 5 Trends Will Shape the Global Economy in 2016

Every year brings its share of economic events that take us by surprise. Few people predicted the collapse in oil prices that started in the summer …

Biggest Steals, Overpays of MLB Offseason Entering January

It's never too early to deem offseason acquisitions busts or steals, and there's already been plenty of moves we can analyze so far this winter.<p>Over the next few slides, we'll identify a handful of those transactions that fall under those two categories.<p>What constitutes a bust or a steal? In short, …

Chicago White Sox