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29 Dec 2009 11:05

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Biz: Home prices increase, barely, but it’s not worth celebrating

  • 0.4% boost, mostly from gov’t incentives source
Posted by Ernie Smith • 0 Comments • Permalink

29 Dec 2009 10:23

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Biz: Consumers more confident, convinced they can do anything now

  • 50.6 the consumer confidence level in November; uhh, are we sure we can do this?
  • 52.9 the consumer confidence level this month; see, it went up! You can do anything, guys! source
Posted by Ernie Smith • 0 Comments • Permalink

23 Dec 2009 15:26

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Biz: Big banks pay back TARP, but small banks are simply screwed

  • 55 banks and other companies missed their TARP interest payments in November
  • 140 banks have closed this year, the most since 1992, which is depressing source
Posted by Ernie Smith • 0 Comments • Permalink

23 Dec 2009 13:49

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Biz: Wells Fargo: We don’t need your stinkin’ bailout money anymore

  • $25 billion goes back to the government ASAP source
Posted by Ernie Smith • 0 Comments • Permalink

23 Dec 2009 13:41

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Biz: Spending up, homes down: Our economy likes mixed signals

  • 0.5% increase in consumer spending in November alone
  • -11.3% decrease in new home sales; oh, how you tease source
Posted by Ernie Smith • 0 Comments • Permalink

22 Dec 2009 08:57

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Biz: The not-so-incredibly-growing economy: It’s not as big as hoped

  • +2.8% the rate that the economy grew last quarter, according to numbers released last month
  • +2.6% the revised rate that the economy grew last quarter; we want our other .6% back source
Posted by Ernie Smith • 0 Comments • Permalink

18 Dec 2009 15:30

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Biz, U.S.: Most states say their unemployment numbers are going down

  • 36 states – and D.C. – say that things are getting better source
Posted by Ernie Smith • 4 Comments • Permalink
 

08 Dec 2009 09:59

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World: Looking to fend off recession, Japan pushes their own stimulus

  • $81 billion to help keep their economy afloat source
Posted by Ernie Smith • 0 Comments • Permalink

04 Dec 2009 10:09

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U.S.: Obama puts pressure on the private sector to start hiring again

  • While I believe that government has a critical role in creating the conditions for economic growth, ultimately, true economic recovery is only going to come from the private sector.
  • Barack Obama • Speaking at the jobs summit, which include more than 100 CEOs and other buisness and political leaders, about the private sector’s role in economic recovery. In other words, you bastards have to start hiring again if we’re gonna get out of this mess. source
Posted by Ernie Smith • 0 Comments • Permalink

29 Nov 2009 01:11

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Biz: Black Friday sales mostly flat, but with silver lining online

  • +0.5% increase in sales this Black Friday, compared to last year
  • +35% increase in Black Friday Web purchases from last year source
Posted by Ernie Smith • 0 Comments • Permalink
 
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