Suddenly, Google looks shaky

Google's big business — search advertising — isn't growing as fast as it used to. In fact, it's growing more slowly than it has in years.


Fidelity Contrafund loads up on Facebook and it pays off

The $108 billion Fidelity Contrafund continues to have a big appetite for Facebook Inc's stock, adding to its position in the social media company during the third quarter and praising its mobile ad revenue growth and "visionary management."


Microsoft CEO on the cloud, inequality & spinoff

Microsoft has proven its potency in the cloud, and is one of three companies with the scale, resources, and know-how to dominate the market, CEO Satya Nadella told CNBC.


Underemployment worse than U.S. data suggest

Federal Reserve policy makers are missing a key element as they assess the health of the labor market: data that includes whether those who are employed are overqualified for their job or would like to work more hours.


U.S. nonbank cash holdings at record high $1.65 trln-Moody's

Corporate America's cash stockpile increased to a record $1.65 trillion in mid-2014 from $1.64 trillion at the end of 2013, although the pace of growth has slowed sharply, Moody's Investors Service said on Monday. The top five cash holders were all technology companies whose combined holding was $415 billion, or about a quarter of the total.


Deflationary pressure bears down on global economy: Dan Alpert

"We've leveled the wings of the plane, is it really flying or are we actually going to fall into the same disinflationary or deflationary trap as Europe?"


Phone hackers dial and redial to steal billions

A phone fraud on the rise and aided by Internet-connected phone systems can lead to six-figure bills for businesses.


Central banks to the rescue! ECB plays "Boy Wonder" to Fed's "Batman"

On Wednesday markets plunged, but a day later some comments from St. Louis Fed President James Bullard on Bloomberg TV helped take the edge off investors' skittishness. He said, “We have to make sure inflation and inflation expectations remain near our target. And for that reason, a reasonable response of the Fed in this situation... we could go on pause on the taper at this juncture and wait until we see how the data shakes out into December.”


McDonald’s Gets More Expensive, Turning Off Some Diners

Mike Hiner used to take his grandsons to McDonald's (MCD) when they wanted a treat. The loss of bargain-seeking customers like Hiner underscores a growing challenge for McDonald's Corp.: While the company still offers several items for $1, its menu is quietly getting more expensive. McDonald's said its prices were up about 3 percent through the end of June compared with 12 months earlier. Analysts estimate that McDonald's revenue fell 1.8 percent to $7.2 billion in the period.


China GDP may reignite global growth panic

China may ignite fresh panic over the state of the global economy when it reports its third quarter gross domestic product (GDP) on Tuesday, which could confirm a marked slowdown in the world's main growth ...

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ICM Lending is a loan lender specializing in reverse mortgage. While we represent individuals for reverse mortgages throughout California, many of our clients have Orange County real estate and Los Angeles real estate. If you are 62 years of age or older and are interested in learning more about a reverse mortgage and how it can help to supplement your monthly financial needs, please contact ICM Lending...



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