Business

The Web Is Becoming A Giant Television Set

Ryhor Bruyeu/iStock Editorial/Thinkstock(NEW YORK) — The internet may soon be less about typing and more clicking and watching. In other words, the web is becoming a giant TV screen: video is expected to become at least 80 percent of consumer traffic on the web by Read More

Gas Prices Continue to Rise

iStock/Thinkstock(WASHINGTON) — Gas prices continue to go up as summer nears. The Energy Department says the average price of regular unleaded gas went up about three more cents in the past week and now stands at $2.77 a gallon. In California, the average is about a Read More

Wall Street Continues Slump After Holiday Weekend

JaysonPhotography/iStock/Thinkstock(NEW YORK) — The Dow suffered its worst day in a month on Tuesday as all of the sectors of the S&P 500 continued to drop after the holiday weekend. The Dow Jones Industrial Average closed at 18,041.54 on Tuesday, down 190.48 Read More

What Jony Ive's Promotion Means at Apple

Apple(NEW YORK) — Jony Ive was already the most prominent design visionary at Apple and now the London-born designer, who has the honor of having a sir before his name, is stepping into the newly created position of chief design officer. The move will allow Ive to Read More

New Home Sales Surge in April

iStock/Thinsktock(NEW YORK) — New home sales were up in April nearly 7 percent from March with 517,000 single-family homes sold, according to the latest figures released by the Commerce Department. March sales were also revised up a few thousand units signaling a Read More