Ted Cruz: Stocks to Watch If We Get a ‘President Cruz’

Mar 24, 2015, 9:20 am EDT

The 2016 race for the Republican Party presidential nomination started in earnest Monday, as Ted Cruz made his announcement official. The fiery Texas Senator actually took a page out of Tesla Motors Inc (NASDAQ:TSLA) CEO Elon Musk’s playbook by using Twitter to make the initial announcement. Source: GrabPress

Cruz then made his first official speech as a presidential candidate on Monday to an audience of primarily students of Liberty University in Lynchburg, Virginia. In his speech, which was delivered without the assistance of a teleprompter, Cruz called himself a “courageous conservative” whose agenda includes repealing the Affordable Care Act (a.k.a Obamacare), promoting Second Amendment rights, implementing a much more hawkish foreign policy and abolishing the Internal Revenue Service in favor of a flat tax.

Stated differently, a President Ted Cruz would mean guns, bigger guns and lower taxes. Read 

Election 2016: Sen. Ted Cruz Is Running for President

Mar 23, 2015, 12:59 pm EDT

Texas Senator Ted Cruz has announced that he will be running for President in 2016.

Sen. Ted Cruz is the first Republican candidate to officially announce that he’ll be running in the 2016 presidential elections. He is hoping raise to $1 million for his campaign during its first week and $40 million total. His early announcement is reportedly part of an effort to stand out from possible candidates to raise money, reports The New York Times.

Sen. Ted Cruz announced his presidential run at Liberty University. He said he wants to repeal the Affordable Care Act, terminate the Internal Revenue Service, protect human life and traditional marriage. Cruz has spoken out against income inequality and has also rejected climate control, NYT notes. Read 

5 Oil Stocks to Buy as Insurance Against ISIS

Mar 13, 2015, 10:40 am EDT

I just read a fascinating(ly wrong) piece on oil. The shocking headline exclaims that we should all be prepared for oil prices in the range of $10 to $20. Source: ©iStock.com/Zelfit

This is the dramatic point where I place my hand on my forehead and shake my head in bewilderment, wondering what these poor souls don’t understand about the oil market.

Those who argue that you should avoid oil stocks because of their (misconceptions) about the oil market are doing you a great disservice. Read 

Minimum Wage by State 2015

Mar 9, 2015, 12:34 pm EDT

The National Conference of State Legislatures has released a list of the current minimum wages in the United States. The list details minimum wage by state and also includes the Washington D.C. area. It was last updated on Feb. 24, 2015.

Here is the minimum wage by state in the U.S.

    Alabama — None Alaska — Currently $8.75, but will increase to 9.75 on 1/1/16. Arizona — $8.05 Arkansas — Currently $7.50, but will increase to $8.00 on 1/1/16 and then $8.50 on 1/1/17. California — Currently $9.00, but will increase to $10.00 on 1/1/16. Colorado — $8.23 Connecticut — Currently $9.15, but will increase to $9.60 on 1/1/16 and then $10.10 on 1/1/17. Delaware — Currently $7.75, but will increase to $8.25 on 6/1/15. Florida — $8.05 Georgia — $5.15 Hawaii — Currently $7.75, but will increase to $8.50 on 1/1/16, $9.25 on 1/1/17 and $10.10 on 1/1/18. Idaho — $7.25 Illinois — $8.25 Indiana — $7.25 Iowa — $7.25 Kansas — $7.25 Kentucky — $7.25 Louisiana — None Maine — $7.50 Maryland — Currently $$8.00, but will increase to $8.25 on 7/1/15, $8.75 on 7/1/16, $9.25 on 7/1/17 and $10.10 on 7/1/18. Massachusetts — Currently $9.00, but will increase to $10.00 on 1/1/16 and $11.00 on 1/1/17. Michigan — Currently $8.15, but will increase to $8.50 on 1/1/16, $8.90 on 1/1/17 and $9.25 on 1/1/18. Minnesota — Currently $8.00 for large employers and $6.50 for small employers. Mississippi — None Missouri — $7.65 Montana — $4.00 for employers with under $110,000 in yearly sales and $8.00 for everyone else. Nebraska —  Currently $8.00, but will increase to $9.00 on 1/1/16. Nevada — $7.25 with health benefits and $8.25 without health benefits. New Hampshire — None New Jersey — $8.38 New Mexico — $7.50 New York — Currently $$8.75, but will increase to $9.00 on 12/31/15. North Carolina — $7.25 North Dakota — $7.25 Ohio — $7.25 for employers grossing $283,000 or less and $8.10 for everyone else. Oklahoma — $7.25 Oregon — $9.25 Pennsylvania — $7.25 Rhode Island — $9.00 South Carolina — None South Dakota — $8.50 Tennessee — None Texas — $7.25 Utah — $7.25 Vermont — Currently $9.15, but will increase to $9.60 on 7/1/15, $10.00 on 7/1/16 and $10.50 on 1/1/18. Virginia — $7.25 Washington — $9.47 Washington D.C. — Currently $9.50, but will increase to $10.50 on 7/1/15, $11.50 on 7/1/16. West Virginia — Currently $8.00, but will increase to $8.75 on 12/31/15. Wisconsin — $7.25 Wyoming — $5.15

To learn more about the minimum wage by state in the U.S., click here. Read 

Report: Hilary Clinton Used Only Personal Email Account as Secretary of State

Mar 3, 2015, 1:38 pm EDT

Hilary Clinton did not have an official email account with the State Department when in office.

During her four years as Secretary of State, Clinton used a personal email account for official purposes. The move breaks National Archives and Records Administration’s rules.

The agency says personal email accounts should only be used for emergency situations. Clinton’s aides reportedly knew of her use of personal email on department servers and kept quiet. Read 

Jihadi John: Who Is Mohammed Emwazi?

Feb 26, 2015, 2:09 pm EDT

Jihadi John, who is the the man behind the Islamic State beheading videos, has been identified as Mohammed Emwazi.

The identity of Jihadi John was revealed by some of his former associates and was confirmed by two U.S. government sources. He is a programmer from London and is 26 years old. Emwazi was born in Kuwait and moved to England when he was six years old, reports Reuters.

The identity of Jihadi John was discovered by the British and US governments with the help of facial and voice recognition software. Agencies didn’t want to publicly identify him as they thought it would make him harder to find. He has been connected to the killings of four US citizens, two British and Japanese citizens and more than 20 Syrian soldier, Reuters notes. Read 

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