11-26-2015, 11:29 PM
It's a key shift in spending habits that started during the Great Recession. And the trend continues as we head into the holiday shopping season this weekend. The savings rate in the United States rose to 5.6% in October -- its highest mark in nearly three years. In September, the savings rate was 5.3%. Put another way, Americans put aside an extra $40 billion in October rather than spend it.
Americans are saving more than spending - Nov. 25, 2015
Dr. Frank Hu just finished a 40-year study on the effects of coffee on the human body. People who drink more coffee it turns out, live longer. Specifically, Hu’s study found that coffee-drinkers have lower risks of cardiovascular and neurodegenerative diseases, as well as suicide.
Harvard scientist who's studied coffee for 20 years explains why it's amazing - Business Insider
The eurozone is recovering. Fiscal spending in China has surged by 36pc from a year ago and this will paper over a lot of cracks. The commodity crash is worth $1.5 trillion of net stimulus for global consumers.
George Osborne delays the fiscal pain but it will still be ferocious - Telegraph
The S&P 500's profit margin growth over the past five years has been driven largely by tech, and one name in particular: Apple. Unfortunately for the market and for Apple, the days of exceptional expansion may be over.
The days of Apple's amazing profits may be over
Until the European Union forced pro-democracy changes in 2008, Sark also was also Europe's last feudal state. It was ruled by a single hereditary figure, the Seigneur, who oversaw a parliament made up solely from descendants of 40 families who settled Sark in 1565. Queen Elizabeth I offered the island to the settlers, who came from the Channel Island of Jersey, in return for them to kick out the pirates operating from Sark's rocky coves. Until recently, Sark's old laws demanded that many landowners keep a musket handy – just in case of any battles that needed fighting.