Dow trades near record high on futures. Fed takes house criticism – Feb. 26th, 2015
U.S. Index Futures Advance as S&P, Dow Trade Near Record Highs
The markets are hot this week, and trading is surging, especially in regards to US index futures. This also means that equities will most likely advance after closing near all-time highs, as investors looked to earnings and economic reports for clues on the economy’s strength.
Contracts on the Standard & Poor’s 500 Index expiring in March added 0.2 percent to 2,113.3 at 7:29 a.m. in New York. Dow Jones Industrial Average futures rose 15 points, or 0.1 percent, to 18,209. Both equity gauges traded near records on Wednesday as declines in Hewlett-Packard Co. and Apple Inc. offset gains among retailers amid corporate earnings. Futures on the Nasdaq Composite Index climbed 0.2 percent today, as the underlying measure closed near an all-time high reached during the dot-com era in 2000.
10 Things in Tech You Need to Know Today
Tech is a fast-moving, ever-changing industry that can surprise you at every turn. That’s why it’s important to know what’s going on, and to stay ahead of the curve. Here are 10 solid facts for tech, today, that you should know if you’re looking to invest. Here’s a small sample:
- YouTube isn’t profitable.Sources say that the site is struggling to attract visitors directly rather than through links.
- Apple’s iPad sales are dropping.New data shows that Apple’s share of the global tablet shipment market was down 20% last year.
Source: Business Insider
House Republicans Intensify Attacks on Federal Reserve
Republicans are mad at the Fed, and now they’re making their voice heard. Earlier this week, congress and members of the Federal Reserve Bank met to discuss the role of the financial institution. Needless to say, some republican lawmakers were not too happy, accusing Fed chair Janet L. Yellen of promoting “liberal policies” and called for more regulation.
Republicans, who control Congress but not the agencies that interpret and execute legislation, appear frustrated with the course of economic policy. They want the Fed to move more quickly toward raising interest rates and to ease some of the restrictions that a Congress controlled by Democrats imposed on the financial industry after its 2008 collapse.
“Fed reforms are needed, and I, for one, believe Fed reforms are coming,” said Representative Jeb Hensarling, the Texas Republican who is chairman of the committee.
Source: The New York Times
Want to become more successful? It’s all in how you manage your time
Time management is important in nearly every aspect of life, but in business it’s particularly critical. How you manage your time can be the difference between success and failure, and it’s often not easy to do if you’re not prepared. In one of our latest blog posts, we give you some solid tips on how to do it like a pro. Here’s a small sample.
Budget Time Efficiently
When you budget your time to do the most enjoyable work first, it will give you more time to concentrate on the things you struggle with. If you feel like you’re struggling with everything, and wasting time across the board, you may need to reevaluate your whole business strategy. Wasted time costs money, but more importantly, it costs you your confidence. A good business needs to be running on all cylinders, in a variety of areas. Work efficiently on what you’re good at, so you have spare time to improve on what you’re not. It’s that simple.