Changes in the rental market affect both the landlord and tenants struggling to find or rent space at the optimal rate. One San Francisco landlord has made national news by sending out a notice to this rent-controlled residents warning they must show proof they have a FICO credit score of 725 and earn $100,000 a year. When major news networks contacted Robert Shelton the landlord of the Fillmore Street apartment building he gave no reply to the question of what renters who don’t meet this … [Read more...]

Black Friday of 2013 seemed like any other post-holiday sale day. Shoppers prepped after a day of binge eating turkey, visiting relatives, and watching football was ready to do some major spending. Retailers wait all year for big sale days in order to make up for lagging sales at other times of the year, but on this Black Friday retailers weren’t the only one’s anticipating the huge influx of shoppers. While long lines of shoppers slide their credit and debit cards through scanners the … [Read more...]

The spring forecast for EU’s unemployment rate shows signs of an even faster recovery than originally reported. According to the new forecast released Monday the economic recovery spreading across the 28-country bloc will benefit the 25.7 million currently registered as unemployed. The EU’s executive Commission said the economic recovery should drop the current numbers by as much as 11.8% this year and by as much as 11.4% by 2015. Aaccording to Slim Kallas the EU’s Commissioner  tasked with … [Read more...]

Microsoft has announced they have completed the purchase of the mobile phone business Nokia for $7.5billion (5.44 billion euros).  The deal had been due to complete earlier in the year but was held up by regulatory approval issues. The deal will see the end of production of Nokia mobile phones and instead will see the Finnish company focusing on mapping services, development of technology and licenses and networks. “Today we welcome the Nokia devices and services to our family,” announced … [Read more...]

For the first time in three years, the ever so popular Internet video service, Netflix, will raise its prices. A good first quarter earnings report is partly the reason why the company plans to raise prices, but the Internet video service also needs to amplify its yields in order to pay for the production of its original content such as “House of Cards” and “Orange is The New Black.” According to Netflix CEO Reed Hastings, the company’s 36-million current subscribers will continue to pay … [Read more...]