Disrupted Long Island Rail Road Service is Expected to Normalize on Thursday

RailA spokesperson for Metropolitan Transportation Authority said that the repairs on Wednesday that disrupted the Long Island Rail Road (LIRR) in and out of New York Penn Station, is expected to return to normal service on Thursday.

Marissa Mayer, Yahoo CEO’s Short Maternity Leave Plan Disappoints Many

Marissa Mayer, Yahoo CEO’s Short Maternity Leave Plan Disappoints ManyMarissa Mayer, the CEO of Yahoo is going to have twins and she announced that she would take maternity leave as little as two weeks. Although that's a personal choice, but the news has turned heads. It's just that the timing is such, when the issue of parental leave and work-life balance has been a subject of strong discussions in number of companies.

U.S Factory Activity Slows down; Strong Construction Sector and Auto Sales Keeps Economy on Solid Footing

U.S Factory Activity Slows down; Strong Construction Sector and Auto Sales Keeps Economy on Solid FootingA sharp slowdown was noted in the US factory activity which in August dropped to a two-year low. However, strong gains in sale of automobile  and the construction sector hinted that the economy has a solid footing.

No Signs of OPEC Cutting Oil Production; Iran and Iraq Plan to Boost Production

No Signs of OPEC Cutting Oil Production; Iran and Iraq Plan to Boost ProductionThere is no indication of the OPEC members slowing their production rates as the oil prices slip once again. The OPEC members are far from being united and Iraq said that it will not cut down on the oil production rather will increase it to support its growing population.

Christine Lagarde, Managing Director of the International Monetary Fund Says Recent Market Volatility could have Spillover Effect

Christine Lagarde, Managing Director of the International Monetary Fund Says Recent Market Volatility could have Spillover EffectThe global economy is growing more and more dependent on each of the key players in all regions, that was felt more when the Chinese yuan dropped affecting the stock markets all over the globe along with a basket of currencies.

Average Gas Prices Drop Nationally Says GasBuddy.com

Average Gas Prices Drop Nationally Says GasBuddy.comThe average gas price at the pumps which have been dropping gradually for almost one month slipped almost thirteen cents in the last one week to an average of $2.99 per gallon according to a survey by GasBuddy.com.

The gas price tracker's shows that it was 37.6 cents less than the previous month and almost 80 cents lower than the average of one year ago.

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