The record Powerball jackpot is only the latest trick by states addicted to gambling revenues to lure nongamblers. Online gambling is also on the horizon, with the first legal website for games of chance now running in Nevada.
The electric car manufacturer's increased first quarter profits were fueled in part by zero-emission vehicle credit sales to other car makers. They were also boosted by more efficient manufacturing. With the right financing, the company predicts its Model S electric car could now be accessible to 10 million American households.
There are investment opportunities in both, but finding your edge in oil is a lot easier than in natural gas, right now.
Spending cuts set to pummel most government programs starting today so far haven't had much effect on investors. The $85 billion in across-the-board 'sequestration' cuts were expected to cause airport delays, disrupt public services and result in lower pay or layoffs for millions of government workers.