Increasing Wall Street Bonuses, Decreasing Main Street Wages
Mon Apr 12, 2010 | | Posted in Finances News
The Washington-based Bureau of National Affairs (BNA) has kept track of and published reports about the wage-trend in the form of an indicator affecting the workers in America. It is known as Wage Trend Indicator™ (WTI). The most recent published indicator shows that WTI fell to 97.14 during the first quarter of 2010. It’s down … Continue Reading »
NY Fire Department No.2 To Pull In $242G A Year Pension
Fri Apr 2, 2010 | | Posted in Finances News
New York Post reported news by Philip Messing, updated on March 29, 2010: “The second-in-command of the FDNY has retired on a tax-free disability pension worth an estimated $242,000 annually for the rest of his life.” The online issue says this is the highest ever awarded to a city firefighter. Breakdown Frank Cruthers’ annual pension … Continue Reading »
Do We Have Bunch Of Teenage Twits In The Nation’s Capital?
Sat Mar 6, 2010 | | Posted in Finances News
I can make a lot of comments on what’s going on in the nation’s capital especially on Capitol Hill but that would be from the outside what I have learned from the media. Folks working on the inside might know what’s going on in Congress. The members in both houses of Congress are supposedly representing … Continue Reading »
Saving & Spending 2009 – You win some, you lose some
Mon Feb 1, 2010 | | Posted in Finances News
Consumer spending rose slightly less than expected in December as households opted to save extra cash, lifting savings to a six-month high, a Commerce Department report showed on Monday. It said consumer spending rose 0.2 percent after increasing by an upwardly revised 0.7 percent in November. For the whole of 2009, spending fell 0.4 percent, … Continue Reading »
Can a business sustain itself let alone grow plucking eybrows?
Sat Dec 12, 2009 | | Posted in Finances News
Patricia Lilibeth Zamora-Asencio is a small business owner, an artist, a designer. She is the designer of the utmost in the field of plucking eyebrows. That’s all she does and she is fantastic and knowledgeable in her field. She works with little pots of brown powder sharing a shelf with pencils, razors and brushes. She … Continue Reading »
Cash for Caulkers could mean $12K per home
Wed Dec 9, 2009 | | Posted in Finances News
Some newspapers and blogs reported President Obama has proposed a new program Tuesday that would reimburse homeowners for energy-efficient appliances and insulation, part of a broader plan to stimulate the economy. Steve Nadel, director at the American Council for an Energy-Efficient Economy, who’s helping write the bill, said a homeowner could receive up to $12,000 … Continue Reading »
Bernanke said “significant economic challenges remain”
Tue Nov 17, 2009 | | Posted in Finances News
It seems that the U.S. economy is on a longer path of recovery than previously expected. It was apparent from the Federal Reserve Bank chairman, Mr. Bernanke’s speech who indicated significant economic challenges remain and that the central bank’s extended period of low borrowing costs may get even longer. Speaking in New York yesterday, he … Continue Reading »
GM’s turnaround effort will come under new scrutiny Monday
Mon Nov 16, 2009 | | Posted in Finances News
Wall Street Journal reported Sunday, Nov. 15 By JOHN D. STOLL that General Motor’s turnaround effort will come under new scrutiny Monday as the company reports financial results for the first time since emerging from bankruptcy. GM is expected to update its cash position, indicate how close it is to earning money in North America, … Continue Reading »
First-Time Home Buyers Set Record in Past Year
Sat Nov 14, 2009 | | Posted in Finances News
First-time buyers made up a bigger share of the housing market in 2009 than any other year on record, according to a survey done by Washington-based National Assn. of Realtors. The number of first-time home buyers rose to 47% of all home sales from 41% of transactions in last year’s study, and was the highest … Continue Reading »
Can Buick Lacrosse bring out the ‘GM’ in General Motors
Thu Nov 12, 2009 | | Posted in Finances News
I mean the Grand Master that General Motors used to play the role as on the American automobile landscape. Christopher Jensen wrote on Buick LaCrosse in New York Times back in October 2009. Jim Federico, G.M.’s global vehicle line executive for midsize cars, says the LaCrosse is not a rebadged Insignia with a green card … Continue Reading »
