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23 Feb 2010 10:32

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Biz: Consumers not confident about much of anything anymore

  • 46.0 the consumer confidence index, which is at its lowest level since April 2009
  • 63.8 the expectations index, which is also down significantly; who needs hope, anyway?
  • 19.4 the present situation index, which is at its lowest level in 27 years (sob) source
Posted by Ernie Smith • 0 Comments • Permalink

14 Jan 2010 09:48

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Biz: Retail unexpectedly sucked last month; jobs sucked last week

  • -0.3% decline in retail sales in December; a growth of 0.5% was expected during the holidays
  • +11,000 increase in jobess claims last week; it wasn’t supposed to be quite that high source
Posted by Ernie Smith • 0 Comments • Permalink

30 Dec 2009 20:52

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Biz: Who’s GMAC’s new owner? You are, American taxpayer.

  • $3.8
    billion     the government’s added stake in the struggling GM-tied auto financing company
  • $16.3
    billion     the government’s total stake in the company; that’s more than Chrysler, guys source
Posted by Ernie Smith • 0 Comments • Permalink

11 Dec 2009 11:43

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Biz: People are buying slightly larger amounts of crap than before

  • 1.3% increase in retail sales in November source
Posted by Ernie Smith • 0 Comments • Permalink

12 Nov 2009 10:17

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Biz: New jobless claims haven’t looked this low in a long time

  • 502,000 this past week’s jobless claims level – the lowest it’s been in 2009; and that level is still kind of high!
  • 488,000 the jobless claims level in the week ending January 3, the last time claims were this freaking low source
Posted by Ernie Smith • 0 Comments • Permalink

02 Nov 2009 22:04

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Biz: Black & Decker, Stanley mix their tools in same toolbox

blackanddecker1102
  • We’re sorry for all the dirty jokes we’ve made lately, but they’re WAY too easy to make. Anyway, Stanley plans to buy Black & Decker in an all-stock deal for $3.5 billion. They’ve been trying to share the same tool belt for a while now, but they only pulled it off today. We’re going to stop writing now, just so we can avoid making another tool pun. source
Posted by Ernie Smith • 0 Comments • Permalink

29 Oct 2009 10:30

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Biz, Tech: Nintendo can’t count on the Wii to save them anymore

  • 52% drop in quarterly profit – Sony & MS are on top again source
Posted by Ernie Smith • 0 Comments • Permalink
 

29 Oct 2009 09:57

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Biz: That’s promising: The economy’s starting to grow again

  • 3.5% increase in 3Q gross domestic product; hooray! source
Posted by Ernie Smith • 0 Comments • Permalink

23 Oct 2009 12:48

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Biz, U.S.: After August fall, home sales get significantly better in September

  • 9.4% boost in pre-owned home sales from August source
Posted by Ernie Smith • 0 Comments • Permalink

12 Oct 2009 20:32

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Biz: Citigroup didn’t keep its eyes on shady trading, gets punished

  • $600,000 fine for sucking source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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