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24 Feb 2009 10:54

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U.S.: The market comes crashing down – hard – on houses

  • 18% tumbles in home prices during the fourth quarter of 2008 – the largest decline in the survey’s 21-year history
  • 40% dives from their market peaks in some markets, including San Francisco, Miami, Phoenix and Las Vegas source

12 Feb 2009 10:42

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Biz, U.S.: Today’s scary number: Homes hit a 30-year low in value

  • -12.4% fall in home prices during 2008 source

08 Feb 2009 21:29

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U.S.: Gas is creeping up in price again

  • 6¢ national rise in prices in the last two weeks; it’s nearly $2 a gallon source

05 Feb 2009 10:12

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Music: Live Nation and Ticketmaster want to merge? The Boss isn’t a fan.

  • The proposal Ticketmaster, which handles ticket sales at venues across the country, and Live Nation, a spin-off of Clear Channel that promotes and produces live shows and has recently gotten into the artist management business, want to merge, sources say. As both businesses cover much of the live music industry, the merger would face antitrust scrutiny.
  • The concern Fans are not very happy about this idea, largely due to Ticketmaster’s history of shady practices and overcharging. Ticketmaster convenience fees can significantly increase the price of a concert ticket. If Live Nation, which has recently gotten into the ticket-distribution business itself, remained a competitor, they could help lower prices by increasing competition.
  • Bruce weighs inBruce Springsteen, who has a long history of railing against corporate greed, weighed in with a note on his Web site. In it, he stated that “the one thing that would make the current ticket situation even worse for the fan than it is now would be Ticketmaster and Live Nation coming up with a single system.” source

24 Jan 2009 02:15

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Tech: Mac prices, then and now

  • $2,495 cost of a Mac at its 1984 launch; Apple’s new machine was underpowered at the time
  • $2,499 cost of the newest version of the 15-inch MacBook Pro laptop; it’s considered top-of-the-line source