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01 Jul 2010 11:00

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Biz: Previously-owned home sales follow new home sales to the crapper

  • 23% rise in pending home sales between January and April
  • 30% decline in pending home sales IN MAY ALONE source
Posted by Ernie Smith • 0 Comments • Permalink

01 Jul 2010 09:35

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Biz: The federal government coming out ahead on Citibank bailout

  • 7.7B number of shares the government owns due to the Citibank bailout
  • $10.5B revenues from selling a third of those shares (around 2.6 billion)
  • $2B amount in profits the government has made from the sales source
Posted by Ernie Smith • 0 Comments • Permalink

23 Jun 2010 10:31

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Biz: HOLY CRAP IN BOLD LETTERS: Home sales absolutely PLUMMET

  • 33% drop in sales in May, which is unprecedented source
Posted by Ernie Smith • 6 Comments • Permalink

16 Jun 2010 20:36

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U.S.: Obama can’t even get the Democrats behind a new stimulus bill

  • 45 senators voted for the bill – not even a majority source
Posted by Ernie Smith • 0 Comments • Permalink

11 Jun 2010 10:47

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Biz: Ah crap: After a solid streak of retail increases, sales go down

  • +0.6% the increase in retail sales in April; that’s pretty good
  • -1.2% the decrease in retail sales in May; that’s really bad
  • sevennumber of months of increases before May’s decrease source
Posted by Ernie Smith • 0 Comments • Permalink

06 Jun 2010 22:05

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Biz, U.S.: Real reason we should fear 2012: Our growing national debt

  • $13 trillion in total debt; it could outpace GDP by 2012 source
Posted by Ernie Smith • 0 Comments • Permalink

04 Jun 2010 10:42

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Biz: Census jobs: They boost your figures, then go away fast

  • 411,000 the number of added May jobs that came from the Census alone (i.e. most of them)
  • 9.7% the current jobless rate; expect that to go back up when the Census goes away source
Posted by Ernie Smith • 0 Comments • Permalink
 

03 Jun 2010 10:37

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Biz: It’s the Census, stupid: Jobs show serious improvement in May

  • 513,000 the increase in non-farm payrolls in May, helped by the Census
  • five number of consecutive months the job market has improved source
Posted by Ernie Smith • 0 Comments • Permalink

30 May 2010 13:34

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U.S.: Unemployed people get lost in the Senate shuffle again

  • good The House decided to pass an extension on jobless benefits before the June 2 deadline.
  • bad The Senate didn’t, and they don’t go back to work until June 7, so no benefits next week, guys. source
Posted by Ernie Smith • 0 Comments • Permalink

29 May 2010 13:19

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Biz: No May flowers here: For stocks, it was the worst May since 1940

  • 7.9% dip in Dow’s value in the merry month of May source
Posted by Ernie Smith • 0 Comments • Permalink
 
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