As markets overseas continue to crumble and consumer confidence further deteriorates, investors have channeled their worries into gold for protection. The price of gold has risen steadily since early July, peaking on Wednesday at a record $1,578.55 per ounce. Michael Widmer, an analyst at Bank of America-Merrill Lynch, said that […]

This past month, the University of Maryland football team unveiled its new line of Under Armour uniforms and the Atlantic Coast Conference (ACC) added two more schools to the conference. The Terrapins debuted their new uniforms to a national audience during their season opener on Sept. 5 against the University […]

The U.S housing market recently experienced the largest price drop in two years. New home sales dropped to a six month low in August, despite an upward trend in the preceding months.   Figures for August show an annual home sales rate of 295,000, a 2.4 percent drop from 302,000 […]

In addressing the nation’s deficit, President Obama proposed a debt-reducing policy called the “Buffett Rule” that, if implemented, would raise taxes on America’s wealthy.             The “Buffett Rule” would tax individuals earning $1 million or more at least the same percentage of their income as the middle-class taxpayers. The […]

Employers from the consulting firms Censeo, Deloitte Consulting, IBM, KPMG, McGladrey and PricewaterhouseCoopers attended Alpha Kappa Psi’s (AKP) second annual consulting career day Sept. 23 in the Van Munching lobby. Consulting Career Day was composed of three parts: a student welcome and employer panel discussion, a case interview workshop […]

Netflix’s announcement that they will separate their DVD and streaming services has created a frenzy of negative feedback among customers and financial analysts alike.             Reed Hastings, Netflix Co-Founder and CEO, recently announced the split in an email to subscribers and in a blog post on the company’s website. […]

Just a few years ago, Research in Motion’s BlackBerry line was on top of the mobile phone market as a niche phone for people in the business world. Its BlackBerry Messaging (BBM) was likewise one of the top features in the market. Now, RIM has fallen behind its smartphone competitors […]

The White House is supporting the U.S. Postal Service’s (USPS) request to end Saturday mail delivery, sell non-postal items and raise postage rates in order to save jobs. The proposal would cut federal deficits by $18.6 billion within 10 years. If Congress does not reach an agreement, as many as […]

The domestic automobile industry got a boost this week after General Motors and the United Auto Workers union struck a new deal. Among other provisions, the deal created nearly 6,400 new jobs and raised entry-level pay for UAW-GM employees.                       […]

Financial market analysts IDC released a startling report about the PC market. It estimated that sales of tablets, such as Apple’s iPad, would make up 15 percent of 2011 PC sales. In just their second full year of release, tablets have quickly busted onto the PC scene, becoming a top […]