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15 Aug 2010 21:31

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Biz: It’s official: China’s economy is bigger than Japan’s, way behind U.S.

  • $1.28B the GDP of China’s newly 2nd-place economy in the second quarter of 2010
  • $1.22B the GDP of Japan’s economy in 2nd quarter 2010, which fell behind China for the first time
  • $14B the GDP of the U.S. economy throughout 2009, which is way out in front source
Posted by Ernie Smith • 2 Comments • Permalink

30 Jun 2010 10:19

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Biz: The UN says what we’re all thinking about the dollar bill

  • It’s too unstable. It shouldn’t be the basis of international currency. Who the heck decided the dollar was king? Nobody knows, but the United Nations are fighting back, saying that countries who have based their currency on the dollar have seen their own currencies become undervalued. We suggest they switch to Monopoly money. Everyone wins that way, kinda. source
Posted by Ernie Smith • 0 Comments • Permalink

08 Jun 2010 10:47

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Biz: Investors must be scared: Gold hits a record high value

  • $1,251 per ounce of pure, golden gold source
Posted by Ernie Smith • 0 Comments • Permalink

30 May 2010 12:19

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Biz, U.S.: BP’s stock is in free-fall right now; we wonder why

  • 25% decline in BP’s stock since the oil saga began source
Posted by Ernie Smith • 0 Comments • Permalink

13 Oct 2009 20:14

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Tech: If star bloggers leave their sites, the brand suffers significantly

  • 94% of perezhilton.com’s value is gone without Perez Hilton source
Posted by Ernie Smith • 0 Comments • Permalink

29 Jul 2009 23:25

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Biz: From thousands to $30: iStockPhoto and the cover of Time

istockphoto0729
  • A great find from our friend Charles Apple (who wrote a great write-up on the site just as it was launching). This image was on the cover of Time, one of nation’s highest-circulation magazines, yet Robert Lam got paid just $30 for it. If a commissioned photographer took it, they would’ve gotten paid much more. It’s not the first time something like this has happened, but it’s becoming more prevalent due to the fact that some stock photo (and editorial content) sites tend to thin the value of content. Read the blog. It makes great points. source
Posted by Ernie Smith • 0 Comments • Permalink

28 Jul 2009 11:21

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Biz, U.S.: Home prices are on the rise for the first time since 2006

  • 0.5% increase in home prices from last month source
Posted by Ernie Smith • 0 Comments • Permalink
 

09 Jul 2009 11:01

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Biz: Hear that sound? It’s AIG’s stock falling further into oblivion

  • zero Citigroup’s analysis of the company’s possible equity value due to the mess they’ve gotten themselves in
  • -22% Decline in AIG’s stock just this morning, on top of the 90% in value it’s lost in the last year or so source
Posted by Ernie Smith • 0 Comments • Permalink

23 Jun 2009 21:14

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Biz, U.S.: Ah, housing numbers. Per usual, they don’t make anyone happy.

  • +2.4% increase in sales of previously-owned homes in May, a number the National Association of Realtors say might be deceptive
  • -6.8% decline in value of housing, year-over-year in April. Sound depressing? Well, that’s what Wall Street thought source
Posted by Ernie Smith • 0 Comments • Permalink

12 Jun 2009 10:59

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Biz, U.S.: *POOF* A bunch of our wealth just disappeared recently

  • $1.3 trillion is completely gone from households in 1Q ’09 source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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