Hot on Money Journal

Strange Deal for Exxon Mobil

Strange Deal for Exxon Mobil

Apr 18, 2014

The crisis in Crimea and the growing tensions between the U. S. and Russia have put the spotlight on one of the strangest relationships in business, Russian President Billionaire Vladimir Putin, one of the richest men in the world and oil giant Exxon Mobil (NYSE: XOM). Exxon Mobil CEO Rex Tillerson and Putin’s friendship is based on one thing, money. In 2011,...

Highest Paying Jobs in US

Highest Paying Jobs in US

Apr 17, 2014

Orthodontists earned an average of $196,270 to rank as the highest paying jobs in the U.S. for 2013, according to the U.S. Labor Department. The average Chief Executive Officer (CEO) made $178,400 to rank as the second highest paid. The numbers might come as a shock to some, but aren’t exactly a surprise for parents paying dentist’s bills for...

Cater to the Rich for Big Money

Cater to the Rich for Big Money

Apr 16, 2014

If you want to make big money cater to the rich. The wealthiest 10% of American households take home more than half the country’s total income, according to the Stanford Center on Poverty and Inequality. Those who figure out how to cater to the rich for services or goods could make a wealthy living in the new economy. Income inequality is likely to remain for...

Apple to Introduce Bigger iPhone

Apple to Introduce Bigger iPhone

Apr 15, 2014

Consumer interest in the next generation iPhone is unprecedented, according to a survey by Change Wave research. The new iPhone is likely to be even more popular than the earlier versions since it is expected to offer a bigger screen for users. About 14% of  respondents said they are “very likely” to buy the new bigger iPhone 6. Another 26% surveyed said they...

Doubts Cloud Sears Future

Doubts Cloud Sears Future

Apr 14, 2014

Once regarded as an iconic American institution, Sears is on life support, with stores in cities from coast to coast closing. The age old retailer, which was once a regular stop for its high quality selection of power tools and appliances, including washers and dryers is selling off assets. Retail analyst John Kernan says he expects the chain to close 500 Sears...