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31 Oct 2009 10:45

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U.S.: Where did the stimulus save jobs, mostly? Education. Weird.

  • 325,000 of the jobs saved were in education – which is a nice, but unexpected windfall source
Posted by Ernie Smith • 0 Comments • Permalink

30 Oct 2009 09:12

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Biz, U.S.: Consumer spending doesn’t keep up with clunker sales

  • +1.4% the increase in consumer spending in August, largely thanks to cash for clunkers source
Posted by Ernie Smith • 0 Comments • Permalink

30 Oct 2009 08:57

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U.S.: The White House is ready to pounce on this stimulus jobs number

  • 650,000 brand new jobs created source
Posted by Ernie Smith • 0 Comments • Permalink

29 Oct 2009 10:45

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Biz: Jolt Cola could get jolted out of the market by investors

Jolt Cola
  • Sad story, really. The generation-old ultra-caffeinated cola, which was a trailblazer for energy drinks across the board, is in danger of going away for good. The founder of the company, Carl J. Rapp, blames investors who damaged the company’s assets, pushed it into debt and are attempting to force it into liquidation. “The name will show up someplace else, but just that,” said William I. Kohn of the Cleveland firm of Benesch, Friedlander, Coplan & Aronoff. “I don’t see anybody buying the entire package.”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

27 Oct 2009 10:58

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Biz, U.S.: Daily poll: Are you feeling confident, fellow consumers?

  • The Conference Board research group says its consumer confidence index is currently sitting at a 26-year low. We guess we can see it, but want to know how you’re feeling, personally. And since we can’t come to every one of your homes to ask you, a poll is the best way. So vote.source
Posted by Ernie Smith • 0 Comments • Permalink

27 Oct 2009 10:24

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Biz: Home prices are slowly starting to make a comeback

  • 1.2% increase in August – the fourth straight up month source
Posted by Ernie Smith • 0 Comments • Permalink
 

23 Oct 2009 18:17

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Biz, U.S.: Bank Failure Friday takes victim number 101

  • 1992 the last year with so much bank fail source
Posted by Ernie Smith • 0 Comments • Permalink

22 Oct 2009 10:36

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U.S.: Unemployment benefits aren’t lasting as long as unemployment

  • 7,000 people lose jobless benefits each day; that’s bad source
Posted by Ernie Smith • 0 Comments • Permalink

16 Oct 2009 11:06

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Biz: Ken Lewis is retiring rich, but Bank of America is still struggling

  • $1 billion in losses, mostly from bad debt, this quarter alone source
Posted by Ernie Smith • 0 Comments • Permalink
 
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