• 125k jobs disappeared in June, the first dip this year after months of increases
• 225k Census jobs – specifically – went away in June (they inflated the numbers)
• 9.5% the current unemployment rate, which somehow went down in June source

• 23% rise in pending home sales between January and April
• 30% decline in pending home sales IN MAY ALONE source

• 7.7B number of shares the government owns due to the Citibank bailout
• $10.5B revenues from selling a third of those shares (around 2.6 billion)
• $2B amount in profits the government has made from the sales source

• Well, that’s the funniest thing we’ve seen all day. Woot.com is one of the coolest concepts for shopping online anywhere, and they’re totally irreverent to boot. And now that Amazon has acquired them, that’s gonna change, right? Actually, no. See, Amazon acquired a similarly irreverent site called Zappos.com about a year ago, and they left the corporate culture alone. The company’s CEO, Matt Rutledge, puts it this way: “We plan to continue to run Woot the way we have always run Woot – with a wall of ideas and a dartboard.” source

• It’s too unstable. It shouldn’t be the basis of international currency. Who the heck decided the dollar was king? Nobody knows, but the United Nations are fighting back, saying that countries who have based their currency on the dollar have seen their own currencies become undervalued. We suggest they switch to Monopoly money. Everyone wins that way, kinda. source

• 40% the amount the stock increased on its IPO day (it was a great day)
• 3.85% the amount the NASDAQ as a whole fell today (it was a bad day)

Elon Musk scored big, too

• $70M the amount that Musk put into Tesla Motors all by himself – he was broke before today
• $650Mthe amount that Musk’s share in the company is worth after today – not bad, duder
• $15M the amount Musk took out to ensure his Tony Stark-like life can continue source

• 3.8% increase in home prices year-over-year in April source

• » Why it’s misleading: Basically, this number is up 3.8 percent from one of the lowest levels on record. It’s still 30 percent off its peak level. Also, we have to imagine the May numbers will suck even worse, what with that 33 percent drop in new home sales and all.

• yes Russia’s top energy official is saying that he’s expecting Hayward’s resignation as soon as today.
• no The London-based company is denying the reports, saying that Hayward’s job is safe. source

Flickr Photo By Caitlinator

• Right now, it sucks to be Kellogg’s. The company was forced to recall numerous brands of cereal over a reportedly soapy/metallic/stale flavor that some of their cereal boxes had. Sure, it was a lot of cereal, but we were also curious how many bowls of cereal that actually was. So we did the math. And this is going to affect a lot of mornings.

• 28 million boxes recalled for a weird odor and taste (eww)

• 20 complaints about cereal that tasted like soap or metal (eww)
• 13 average number of ounces in the various recalled boxes
• 353M number of servings of cereal that is – based on our math, below

• 69Mbowls of Apple Jacks, based on an average of 12.85 servings per box
• 95M bowls of Corn Pops, based on an average of 11.78 servings per box
• 148Mbowls of Froot Loops, based on an average of 12.63 servings per box
• 41Mbowls of Honey Smacks, based on an average of 15.3 servings per box

• » Methodology: We based our findings on the various serving sizes available for each type and size of cereal, dividing evenly for each serving size. We then multiplied by the average serving size – Kellogg’s provides this on their Web site – which in most of the cases was one ounce, making the math relatively easy. While it’s likely that Kellogg’s sold more Apple Jacks than Honey Smacks, we unfortunately do not have exact counts. One thing we do know is that Froot Loops’ share of the market is, at minimum, 26 percent larger than any of the other brands, so we took that into account. Oh yeah, if you’re like us, you probably eat double the size of the recommended serving without realizing it. Because we don’t measure. We just pour.

• $100
  billion the amount BP, as a company, has lost since the oil spill began
• 14
  years the amount of time since their stock was at this low a level source