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04 Nov 2009 20:27

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U.S.: The Senate gets completely behind extending unemployment

  • 14 weeks amount of time the bill, which still needs to go through the House, covers for those about to run out of unemployment source

03 Nov 2009 20:25

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Biz: Bailed-out banks throwing more money at employees this year

  • $117.6 billion in paydays so far in 2009 for eight top bailed-out banks source

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

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

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

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

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
 

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

26 Oct 2009 13:29

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Biz: Verizon gets hit – hard – by lowered corporate spending

  • 30% decline in The Network’s 3Q profits; ouch source

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