Online dating is growing faster than ever. The business of love is our cover story this week. 109 million americans are single and finding a Perfect Match is a really big and profitable business. The dating Services Industry cashed in 2. 7 billion in revenue last year and will grow more than 5 this year. Nearly half of that revenue is from Online Dating sites like match and eharmony. 26 comes from smartphone dating apps like tindr. More than 45 brands including oq cupid, plenty of fish, r time and harmony. Internet dating companies charge for monthly subscriptions and more americans of all ages are signing up. Over the past three years the number of 18 to 24yearolds using Online Dating has surged nearly to 27 and the number 65 to online has doubled to 12 . Launched in 2000, eharmony was one of the first online match makers with a questionnaire. With apps offering instant matches can eharmony compete . Greg langston is the ceo of eharmony. Your approaching is more slow and time consumin
Even the initial drop was not a huge one, not even 1 . All three major averages are down. The dow is down 30 points. At one point, it was down about 100 points. Iscould be worse, i guess, the way to look at the averages. This is despite the job report coming in much weaker than estimated, and on top of that, we got a Services Report that was weaker than estimated, showing the slowest expansion last month going back to 2014. Interesting phenomenon we are seeing. Take a look at the groups on the move to see what is supporting the gains we are seeing. It looks like it has to do with the drop we are seeing in bond yields. Utilities are up and Telecom Stocks are up, and those tend to be the groups that benefit when yields are lower. Consumer staples also representing the defensive groups. Financials are far and away the worstperforming group. Look at what is happening with the banking stocks. A big drop here in Companies Like jpmorgan, wells fargo, bank of america, and citigroup. The percep
Campaign manager says about him. Donald trump has built a lot of businesses on the backs of the little guy. Maria samsung feels the heat this morning over replacement galaxy 7. Take a look. We are looking at fractional losses this morning. It all started in europe, dragged down because of new low this is morning for shares of Deutsche Bank. We will tell you about the Deutsche Bank story. Index in germany all down more than 1 . In asia overnight stocks stumbling to end the week, both nikkei ending well over 1 . Hang seng down almost 2 and if you feel the need for speed for the family ferrari wants to put you behind the wheel of new super fast family car. The surprising reason why you cant buy the 2 milliondollar convertible, actually. Joining me to break it all down Dagen Mcdowell, morgan ort, ortegus. Dagen i can answer that question. I will never own a ferrari. Certainly not one like that. Big show ahead. Fox military analyst jack keane is with us and bob carry and trump Senior Advise
The devilish from the fed has dissipated. Futures in the u. S. Negative, dow futures off 75 points. That flat. Dead flast. T. Dollar yen bright red. Down 1. 3 1 , the japanese yen is stronger. Every single major currency. A weaker euro. Yields lower. That is her market wrap. Lets get first word news. Vonnie in syria, fighters backed by the u. S. And russia have been on Opposing Side and are zeroing in on islamic state, the russian supported syrian army is trying to cut off their main supply route between iraq and syria. Kurdish forces supported by the u. S. Are moving closer to the militant groups capital. In icelandic, a third day of antigovernment demonstrations. After leaked documents reveal the prime ministers the trimester had rhetoric heating up between Bernie Sanders and Hillary Clinton, Bernie Sanders said the front runner is not qualified to be president. His reason, sanders listed wall street donations to her super pac and support for the war in iraq. Clinton was asked if san
Since november. The catalyst, some pin the it on investors taking a more optimistic view yesterdays moves by the European Central bank to cut rates and expand its stimulus program. Others by contrast say it was a report that helped lift oil to its highest price since december. More on that in a moment. Whichever one you choose it was a good day for stocks. The dow roles 218 points to 17,213. The nasdaq gained 86. The s p 500 rose a big 32. As for the week, the dow and s p added roughly 1 , the nasdaq a little less than that. Oil got that lift today following a report by the International Energy agency which said that prices may have hit a bottom. As a result, domestic crude finished up nearly 2 to 38. 50 a barrel, the highest level since december, a 7 gain for the week. Jackie deangelis tells us what the iea sees. The milliondollar for question for oil, have prices bottomed . The International Energy agency said today its possible. The report citing reduced output in the United States