Posts by Lauren Lyster
- Lauren Lyster at Yahoo Finance15 hrs ago
More fresh reads on housing this week as an industry group reported applications for home mortgages rose last week -- driven by refinancingdemand -- and home improvement retailer Lowe's came out with second quarter earnings, lowering its outlook on sales for the year.
- Lauren Lyster at Yahoo Finance1 day ago
When you think of Hollywood blockbusters like "The Hunger Games" and "The Hobbit," actress Jennifer Lawrence might come to mind... actor Orlando Bloom, too, perhaps. But billioniare investor Carl Icahn? Probably not. Yet some sophisticated hedge fund investors like Icahn have bet on tinseltown and seen billions in (paper) gains thanks to the success of movies like the aforementioned. (In this case, Icahn actually lost out on $2 billion in profits due to his timing.) That's according to Greg Zuckerman and Ben Fritz's reporting in the Wall Street Journal.
- Lauren Lyster at Yahoo Finance1 day ago
A Barron's story sent sharesof oil and gas equipment company Schlumberger (SLB) higher Monday as the company focuses more of its efforts on the North American energy market. Meanwhile, theEnergy Information Administration recently reported thatU.S. crude oil production in July was the highest since April 1987. Greg Zuckerman, a reporter at The Wall Street Journal and author of The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters, sat down with us to talk about where we are in the U.S. "energy revolution."
- Lauren Lyster at Yahoo Finance5 days ago
It's the 27th year of Discovery Channel's (DISCA) Shark Week, and while it has scored some record ratings, it might have viewers treading water in fear. One company, perhaps, can relieve some of that terror -- Shark Shield, which makes a device that claims to deter sharks from attacking people.
Amanda Wilson, general manager of the company, tells Yahoo Finance in the accompanying video, "We know shark attacks are rare, but that doesn't mean it isn't terrifying for people. Unfortunately, [the movie] Jaws has had a tremendous effect on our mentalities when we go in the water. This gives you the peace of mind to enjoy your water sport."
- Lauren Lyster at Yahoo Finance6 days ago
Mayors of the 30 biggest cities in the U.S.met in New York this week, pledging to fight inequality, while another report blames the record income gap for weakness in the housing market. But Tyler Cowen, an economics professor at George Mason University and author of Average is Over, tells us all of the focus on inequality has somewhat obscured the actual problem.
"The top one-percent is earning more ... because they're doing well in global markets," he tells us in the accompanying video, asserting that's largely a good thing. "The other issue is that people on the bottom are seeing smaller or slower gains and that is the real problem."
- Lauren Lyster at Yahoo Finance8 days ago
Watchout Apple (AAPL), Google (GOOG) and Fitbit. While consumers await the rumored iWatch, anticipate Google Glass'scommercial lauch and try to discern the merit of a senator's FitBit privacy concerns, a startup called Ringly is trying to take tech wearables mainstream. The company's strategy is to take up the fashion quotient and target women, with a new line of smartphone-connected jewelry.
Related: 4 tips for protecting your passwords
- Lauren Lyster at Yahoo Finance12 days ago
President Obama shook up the debate over the future of the Internet this week, when he raised some net neutrality concerns in response to a question at the U.S. Africa Business forum this week. His comments put his position at odds with the Federal Communications Commission's proposal, which would open the door to allowing Internet providers to offer content companies so-called "fast-lane" access.
- Lauren Lyster at Yahoo Finance13 days ago
The U.S. economy grows notably faster and scores higher on a number of other marks when the president is a Democrat rather than Republican, according to new research from Princeton economists Alan Blinder and Mark Watson. Professor Blinder discusses the findings with us in the video above.
First, the facts: According to the analysis, there was an average of 1.8% better annual GDP growth (a difference Blinder notes was "large and persistent") when a Democrat was president . There were also fewer quarters of the economy in recession, more jobs added and hours worked, larger declines in unemployment and higher corporate profits.
Blinder explains that their main work went back as far as quarterly data on the national economy goes, which is the Truman Administration in the 1940s (though they also had some "not as trustworthy data" going back to 1870s, which they didn't put as much stock in).
- Lauren Lyster at Yahoo Finance14 days ago
The outbreak of the deadly Ebola virus in West Africa is the largest oubreak ever recorded, has claimed the lives of 932 people as of the latest report from the WHO Wednesday, and has infected two American healthcare workers now receiving treatment in the U.S. Meanwhile, there is no vaccine, no FDA-approved treatment and no cure for the virus.
Why is that? Les Funtleyder, portfolio manager at E Squared Asset Management who focuses on healthcare points to two factors. "It's so rare that it's hard to get a population large enough to do a trial," he says, and second, there's "really no commercial incentvie to do it. There's no money in emerging market diseases."
- Lauren Lyster at Yahoo Finance15 days ago
The cost of private universities has risen 28% over the decade from 2002 to 2012, while student debt in America now clocks in at around $1.2 trillion with seven million people in default, according to The Economist. Gene Wade, founder and CEO of University Now believes he has a solution to some of these issues through his online education model.
Interestingly, Wade tells us he is "not trying to disrupt the model" of traditional brick-and-mortar universities, which he believes are worth it for some segments of students.
With two, for-profit online-based schools, Patten University and New Charter University, Wade says he is trying to address a "real problem in higher education where jobs are being created ... that require a college education but we don't have workforce to fill [them]," while millions are unemployed. The problem he's trying to solve is "how do we make college more affordable, more accessible and available to the masses."