Amazon (AMZN) shares retreat after wide Q2 earnings miss >>> READ MORE

Ryan Helps Romney Bring in Big Bucks

Aug 15, 2012, 1:33 pm EDT
Ryan Helps Romney Bring in Big Bucks

Just 72 hours after Mitt Romney announced he had selected Paul Ryan as his running mate, the Republican ticket has already began reaping the benefits. In the three days following Romney’s decision, the campaign has raised $7.4 million in online donations.

Nearly as soon as Romney brought Ryan out and made his vice president pick publicly known, the GOP campaign started sending out fundraising pitches on behalf of the Romney/Ryan team. More than 101,000 donations came in during those 72 hours, meaning the average donation per person was over $70.

It’s more good news for the fundraising arm of Romney’s campaign, which is coming off its third straight month of raising more than Barack Obama’s campaign. The campaign currently has $185.9 million socked away, but much of that cannot be spent until Romney is officially named the Republican candidate for president at the end of the month, during the Republican National Convention in Tampa Bay, Fla. Read 

USDA to Buy $170M Meat to Help Drought-Stricken Farmers

Aug 14, 2012, 10:02 am EDT
USDA to Buy $170M Meat to Help Drought-Stricken Farmers

This summer’s drought has been absolutely brutal on American farmers. Nearly every state has felt the impact of low rain falls, particularly in the Midwest, where drought has been the most extreme and where most U.S. farming occurs. Earlier this month, agriculture experts predicted the U.S. corn yield would be the lowest in a decade.

This will almost certainly raise prices on a wide variety of goods, from cornflakes to soda to ethanol. One of the most drastic impacts the drought has already been having is on livestock farmers. Increases in corn costs mean an increase in the cost of feed, which has forced many of them to prematurely slaughter or sell their animals.

The United States Department of Agriculture is looking to step in and help, though. The USDA announced it will be buying up to $170 million in meat from farmers affected by the drought. Read 

Paul Ryan’s Portfolio Is the Envy of Wall Street

Aug 14, 2012, 7:30 am EDT
Paul Ryan’s Portfolio Is the Envy of Wall Street

As Mitt Romney’s new running mate on the Republican presidential ticket, Paul Ryan is going to have a lot of explaining to do when it comes to jobs policy and federal spending plans.

But one thing that may not get much attention — at least in the mainstream media catering to typical voters — is Paul Ryan’s strategy on investing.

According to Ryan’s 2011 financial disclosure statements released by The Center for Responsive Politics, the Wisconsin legislator has a portfolio that most of us retail investors can relate to: a diversified group of large cap stocks. Read 

Let the Chinese Investors Overrun the U.S.

Aug 14, 2012, 7:00 am EDT

OK, apologies for the hypey headline … but there’s been too much nonsense lately about who “owns” America, and whether or not we plucky patriots have enough piss and vinegar to take back our own country.

The bottom line is that we should be thrilled that foreign investors “own” us. Not just because global investment is not a simple zero-sum game of borrower and lender — but because the alternative is mighty ugly.

As Alhambra Investment Partners puts it in “Things We Think We Know,” capital is leaving China and searching for safer environs. That America remains the safest place to invest right now speaks a wealth about our economic might — and the importance of us keeping an economy this attractive to foreign capital. Read 

Paul Ryan: 10 Things to Know About Romney’s VP Pick

Aug 13, 2012, 11:44 am EDT
Paul Ryan: 10 Things to Know About Romney’s VP Pick

Among politicians, political reporters, and other Washington insiders, Wisconsin Rep. and Republican vice presidential nominee Paul Ryan is fairly well known. For many in the general public, though, this is the first time they have heard in-depth discussion about Romney’s running mate. Here are ten interesting facts about the rising Republican star. In high school, he worked at McDonald’s

However, his manager believed he didn’t have the social skills to work the front counter, so he was stuck working the grill. It’s been a long trip from grill cook to candidate for vice president. He also once drove the Oscar Mayer Weinermobile

While in college, Ryan had a sales job with the famous hot dog maker. Part of his work involved driving the famous Weinermobile around. Read 

Is This Election REALLY About Jobs?

Aug 13, 2012, 10:52 am EDT

So Paul Ryan is officially riding shotgun with Mitt Romney, and we can get down to the business of vetting the issues (and the ugly ads) with each party’s ticket now a lock. (Sorry Ron Paul … but I’m going out on a limb and calling the primary for Romney.)

That means a big focus on jobs and the economy, right?

Well, maybe not. Read 

1 209 210 211 212 213 289