Douglas Edward Broyles

60 Flips | 5 Magazines | 15 Likes | 1 Following | 2 Followers | @dougbroyles | Keep up with Douglas Edward Broyles on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Douglas Edward Broyles”

The 4 essential facts about Islam you really need to know

Much of the rhetoric used to discuss Islam has left many Americans with the impression that Muslims are Public Enemy No. 1.<p>This was certainly true …

Kim Jong-un Is Set to Receive a 'Global Statesman' Award — and Not in North Korea | VICE News

Kim Jong-un, the hermetic North Korean leader whose regime has likened US President Barack Obama to a monkey and called South Korean President Park Geun-hye a "crafty prostitute" and a witch, is set to receive an award that hails his global statesmanship.<p>Indonesia's Sukarno Center, an organization …

Why Facebook is an unfriendly reminder of IPO risk

NEW YORK (MarketWatch) — Facebook’s flubbed initial public offering a year ago Saturday laid bare some important truths worth remembering even as …

Dollar tops ¥103 amid talk of Fed tapering

NEW YORK (MarketWatch) — The U.S. dollar rose to its highest level in nearly three years versus a basket of currencies and notched its highest level …

Talk of Fed wind down grows louder

WASHINGTON (MarketWatch) — The drumbeat to reduce the rate of bond purchases by the Federal Reserve grew louder Thursday, with a dovish voice joining …

The persistent supply-side constraints in US housing

2013-05-17T12:16:02.000Z<p>By: Cardiff Garcia<p>Every now and then, we take a look at why the US housing comeback continues at a pace that has disappointed …

Associated Press News

The City of London’s future as a global financial center is safe…for now

LONDON—It’s a refrain that seems to get recycled every few years: London’s storied financial center, “the City”, is under existential threat from onerous new regulations or competition from emerging financial capitals.<p>But could the dire warnings prove true this time? Five years after the financial …

Regulation

BoE policymaker Martin Weale douses hopes of monetary stimulus when Mark Carney arrives

A top Bank of England policymaker has doused hopes that the incoming Governor Mark Carney will be able to give the economy a boost following his arrival in July.<p>Martin Weale, a member of the rate-setting Monetary Policy Committee, warned that more stimulus risked a damaging surge in inflation …

Economics

How bond investors can avoid becoming losers

PRINCETON, N.J. (MarketWatch) — Investors throughout the world are flocking to so-called safe havens.<p>The 10-year Treasury US:10_YEAR has recently …

Greens slam Obama for draft rules about fracking on federal land

The Obama administration is still playing it cool with environmentalists. First it skirted the protracted battle over the Keystone XL pipeline, which could carry dirty tar sands oil from Canada to the American Gulf Coast. Now it’s facing opposition to proposed fracking regulations on tens of …

Oil & Gas Industry

Black-hat bitcoin’s days are numbered

On Tuesday (May 14), the US government seized accounts that Japan-based Mt. Gox, the world’s largest bitcoin exchange, held at its US bank, Wells Fargo, and with Dwolla, an online payments company. The government said Mt Gox violated money laundering rules. (Mt Gox says it is investigating.) For …

Bitcoin

Julius Genachowski Leaves the F.C.C.

After four and a half years running the F.C.C., Julius Genachowski is stepping down on Friday. He’s had an eventful time: dealing with net neutrality, spectrum auctions, mergers, and David Ortiz’s exhortative expletive on national TV. As Genachowski prepares to leave, he agreed to chat with <i>The New</i> …

#FitchTheHomeless: Watch the Harsh (!) Anti-Abercrombie Video That's Gone Viral

Greg Karber -- a self-described "writer, performer, video-maker, cultural critic and entrepreneur" based in L.A. -- doesn't mince words. His YouTube …

Jobless rates fell in 40 states and D.C. in April

Unemployment rates fell in 40 states and the District of Columbia in April, the government reported Friday.<p>Three states had increases while jobless rates were unchanged in seven states.<p>The U.S. jobless rate was 7.5% in April, down from 7.6% in March. Nineteen states had rates significantly lower …

Charts show how Facebook destroyed $40 billion in value during its first year as a public company

Hard to believe but it’s true. Facebook shares priced exactly one year ago today at $38 a share, giving the social media behemoth a market value of round $104 billion. (“Pricing” is when the company gets the money and the investment bank gets the shares, which it then turns around and sells to …

Stock Markets

Drive On: Plug-in car sales hit 100,000 -- is it enough?

Sometime over the weekend, the electric-car movement is going to hit a major milestone: 100,000th plug-in car in the U.S. is likely to be sold.<p>So says Plug-In America, an advocacy group that that is doing its best to point out how electric cars are starting to make an impact on America's highway. …

Retiring Wall Street Strategist Gives Amazing Investment Advice Just Before He Quits

This is a bummer. Minack's work was lucid and helpful.<p>But as a parting gift to clients, Minack wrote a two-page farewell note that contains the best investment advice you will likely ever receive.<p>What is this investment advice?<p><b>Don't try to pick stocks</b>• <b><br>Don't try to time the market</b>• <b><br>Just invest in a</b> …

Investing

After Deadly Chemical Plant Disasters, There's Little Action

You might think that everything would have changed for the chemicals industry on April 16, 1947. That was the day of the Texas City Disaster, the worst industrial accident in U.S. history. A ship loaded with ammonium nitrate — the same chemical that appears to have caused the disaster last month in …

Tesla Has a Fresh $1 Billion — And Lots of Ways to Spend It

Tesla Motors Inc. just raised about $1 billion in new capital, riding a remarkable burst of investor exuberance. New Tesla shareholders will now get …

Tesla

Caterpillar CEO: 'We Can Never Make Enough Profit'

That's best illustrated by these two charts, showing the trends in corporate profits as a percentage of GDP, compared to wages.<p>The company has a notoriously difficult relationship with labor, recently closing and moving a factory in Ontario after union representatives refused a 50% pay cut, cutting …

The great debt ceiling countdown begins anew at midnight

Mark your calendars: After tomorrow (May 18), the US Treasury can’t borrow any more money to fund already-authorized spending until Congress increases the debt limit. And you may remember that when the US runs out of cash, we end up on a very complicated and worrisome path, one that could end in a …

Republicans

Wealthy People Are Starting To Buy Up More Small Businesses This Year

• More wealthy people are starting to buy up small businesses, according to a Pepperdine study.<br>• Economists expected retail sales to fall in April, but they unexpectedly rose by 0.1%, despite being held back by falling gas prices.<br>• The Small Business Administration is shifting some funds to focus on …

Small Business

Syrian Electronic Army Adds Financial Times to Its Social Media Hacks

This article is from the archive of our partner .<p><i>The Financial Times</i> became the latest news agency to fall prey to the Syrian Electronic Army, the …

Removed: news agency feed article

The article that you tried to access, which was part of a feed supplied by a news agency, is no longer on available on the Guardian …

Tech Industry

Soros and other top hedgies now love Google more than Apple

For a long time, hedge funds roped themselves to Apple and rode its remarkable rise higher. It was almost like they <i>had</i> to own it. The stock had such a large weight in stock market indexes, the so-called smart money risked severe under-performance by opting not to own the electronics giant. But as …

Stock Markets

Why Yahoo Paid $1.1 Billion For Tumblr Even Though It Only Has $13 Million In Revenue

One fact is getting cited a lot now that the acquisition is announced: That Tumblr had only $13 million in revenue in 2012, after taking $125 million in investor funding.<p>With lousy economics like that, why would Yahoo even consider such a high price?<p>It's worth comparing a putative Yahoo-Tumblr deal …

Advertising

Refinery woes pushing Midwestern gas prices to all-time highs

It's been a rollercoaster year for gas prices, which began the year averaging $3.29 a gallon, then zoomed to $3.78 in February before dropping to $3.50 last month. Current average price: $3.64.<p>Troubles at several oil refineries are driving gasoline prices sharply higher in the Midwest, and the …

IRS And 501(c)(4) Damned If They Do Damned If They Don't

Damned if you do, damned if you don’t. While heads roll at the IRS for allegedly picking on Tea Party groups, the agency is being sued by Citizens for Responsibility and Ethics in Washington (CREW) for generally being too easy on 501(c)(4) organizations engaging in politics. The suit, Gill v. …