amir salleh

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Rents are rising at a slower pace

Due in part to a lack of inventory, finding an affordable place to rent is a struggle for many residents across the country. Rents are still rising quickly, but thanks to new apartment buildings opening, they are growing at a slower pace, even in some of the hottest rental markets.<p>The San Francisco …

Real Estate

Oil Stocks the Most Gurus Are Buying

As crude oil prices continue their descent to almost their lowest point since 2009, many value investors have contemplated whether oil stocks offer a compelling value.<p>In November, North Sea Brent Crude averaged $44 per barrel, falling $4 per barrel from October, due to an increase of 1.3 million …

Oil & Gas Industry

Dow rallies on heels of historic Federal Reserve interest-rate hike

U.S. stocks rallied Wednesday, extending gains to a third straight session after the Federal Reserve raised its key interest rate for the first time …

Stock Markets

Oil down second day running on fresh supply build, dollar spike

NEW YORK (Reuters) - Oil prices fell as much as 2 percent on Thursday, with Brent trading near 11-year lows, as data showing fresh supply builds at the delivery point for U.S. crude futures added to worries about a global glut.<p>A gas pump is seen hanging from the ceiling at a petrol station in Seoul …

Oil

Asia stocks buoyed by outlook for gradual Fed rate hikes

TOKYO (AP) — Asian stocks posted broad gains Thursday after the Federal Reserve ended protracted uncertainty in markets by raising interest rates for …

Indonesia is building a “Pearl Harbor” in the South China Sea complete with fighter jets

Hobe, Holger Behr/Public domain via commons<p>The Natuna archipelago, a remote part of Indonesia in the South China Sea, consists of about 280 sleepy islands. Inhabitants there survive mostly on fishing or farming. It seems an unlikely place for a military buildup, but this week Indonesian defense …

China

STOCKS SURGE AFTER THE FED RAISES RATES: Here's what you need to know

First, the scoreboard:<p><b>Dow:</b> 17,749.09, +224.18, (1.28%)• <b><br>S&P 500:</b> 2,073.07, +29.66, (1.45%)• <b><br>Nasdaq:</b> 5,071.13, +75.77, (1.52%)<p>And now, the top stories on Wednesday:<p><b>DON'T MISS: The Fed decision was unanimous, and that says something about the future »</b>

S&P 500

U.S. sells $1.83 billion of weapons to Taiwan despite Chinese objections

<b>(CNN) —</b> Despite strong opposition from China, the Obama administration authorized a $1.83 billion weapons sale to Taiwan Wednesday, marking the first U.S. arms shipment to the island in four years.<p>Consisting almost exclusively of defensive weapons, the military package includes two U.S. Navy guided …

China

Angela Merkel pledges to cut German immigration figures but rejects limit

Chancellor says country will pursue range of measures to reduce number of arrivals while also living up to its humanitarian responsibility<p>Angela Merkel has promised to “tangibly” reduce the number of refugees and migrants entering Germany in an attempt to quell a rebellion in her conservative …

6 Clues Your Pricing May Be Too Low

Mark, one of our business coaching clients, ran a successful service business with sales in the low 7-figures.<p>He had a loyal customer base, a solid team and growing sales. But his profit margin had been stuck lower than he felt it should be.<p>After looking at his financials and doing a deep dive into …

Finally! Fed raises interest rates

America's first interest rate hike in nearly a decade is here.<p>The Federal Reserve raised its key interest rate on Wednesday from a range of 0% to 0.25% to a range of 0.25% to 0.5%.<p>The rate hike is a small one, but it will affect millions of Americans, including investors, home buyers and savers. …

Economics

Warren Buffett sells Goldman and Walmart, buys GM and Fox

In the worst quarter for U.S. stocks since 2011, Warren Buffett's Berkshire Hathaway was a big buyer.<p>In fact, Berkshire (BRKA) increased the number of shares it held in its portfolio by 25%.<p>One of the biggest additions to Berkshire's portfolio came without buying additional shares. He ended up with …

Move over meat: how the UK can diversify its protein consumption

A new report from the Carbon Trust explores how consumers can be put on a more sustainable food path<p>The UK is a country of meat eaters. The typical diet is high in processed meats containing salt and unhealthy fats, and low in fibres and nutrients from fish, fruit, vegetables, nuts and grains.<p>“We …

In the face of the latest disappointing jobs report, a growing number of companies are outsourcing jobs to online freelancers. This growing marketplace is likely to transform the way we work. http://bit.ly/15AzUIT

A fair wind for George Osborne’s new growth talisman

Pick an economic indicator. Consumer confidence, jobs, retail sales, manufacturing activity, service sector growth, credit availability, falling inflation, even construction output. All of them are pointing in the right direction, suggesting the recovery is finally under way.<p>In the parlance of Mark …

Lack of strategy means the high street’s future is descending into farce

“Tactics without strategy is the noise before defeat,” a Chinese philosopher once said. Prime Minister David Cameron would do well to reflect on this.<p>Those gushing photo-shoots with Mary Portas and promises, made two years ago, to bring back the bustle to our high streets seem a long time ago …

Britain's industrial output grows at fastest pace in two years

British industrial output grew at the quickest pace in more than two years in June, as manufacturing showed the first rise across all sectors for the first time since 1992, providing further evidence of the country's broad-based economic recovery.<p>Manufacturing jumped 1.9pc in June compared to a …

NSA chief General Keith Alexander heckled at hacker conference in Las Vegas

"I spent 11 years in hell. Now your hell is just beginning… you will face hell for eternity." http://bbc.in/13pSAZQ Michelle Knight, one of the three kidnapping victims held for more than a decade by Ariel Castro, has spoken at his sentencing hearing. Watch live: Sentencing of Ariel Castro http://bbc.in/13pSyRH Policewoman describes rescue http://bbc.in/13pSAZO

UN narcotics body warns Uruguay over marijuana bill

<b>The International Narcotics Control Board (INCB) says it is concerned by the approval by Uruguayan MPs of a bill which would legalise marijuana.</b><p>The INCB says the law would "be in complete contravention to the provisions of the international drug treaties to which Uruguay is party".<p>Under the new …

Cannabis

Scientists have discovered that Saturn's gravitational pull is responsible for the extraordinary hot geysers on the Enceladus moon that spew water out into space http://bbc.in/13nyEXB The particles are ejected from active fissures known as "tiger stripes" at Enceladus' south pole. Salt in the plumes suggest the water may come from a liquid ocean beneath its icy shell. Photo courtesy of NASA

Universal Credit staff describe chaos behind scenes of flagship Tory reform

Staff working on the biggest shakeup of the welfare state in its history have described the project as "soul-destroying" and "unbelievably frustrating", with some saying they are under so much pressure that they can only engage in "firefighting and panic management".<p>A leaked internal survey of …

Lawyer who proved to be fugitive oligarch Mukhtar Ablyazov's downfall

In an operation that could have come straight from a Hollywood thriller, investigators tracked down fugitive Kazakh oligarch Mukhtar Ablyazov to his hideaway in the south of France by following a close friend of his all the way from London.<p>Walking down the steps of the Royal Courts of Justice in …

LEED says this tower, the Bank of America tower, is New York's greenest office building, but new data debunks those claims. "LEED excels at building hype and utterly fails at predicting a structure's energy usage." http://f-st.co/qUTI7ZB

Bank of England gives lenders six years to plug £121bn black hole

British banks have been given six years by the Bank of England to plug a £121bn capital shortfall in order to meet tough European rules.<p>Most of the financial black hole - £120bn - is in the UK’s 25 biggest banks and building societies that each hold assets of at least £100bn.<p>The findings come in a …

Actor George Clooney, one of Hollywood's biggest stars, attacked one of the most famous hedge fund managers on Wall Street, calling billionaire Daniel Loeb a "carpet bagger" who is "trying to manipulate the market." http://bit.ly/16pbW1T