Heavy snow caused layoffs increasing jobless claims to 468,000 as unemployment lines got just a little longer. Count that and add in that many state agencies were closed due to the extreme weather and you have the perfect storm as the backlog jam is in the process of getting caught up.
Instead of the Wall [...]
Oprah’s Oscar Show Returns!
Oprah Winfrey, one of the most influential television show hosts, is bring back her annual Oscar show and will be celebrating the 82nd year of the Academy Awards. ” brought by Oprah’s production company Harpo Productions, in conjunction with ABC will have Oprah interviewing the biggest stars in Hollywood.
The expected settings are to be intimate [...]
The Economics of the Olympics
What used to be a huge world event is not relegated to the secondary TV channels due to a waning interest in this global sporting exercise. At one time the television stations could count on great ratings from all over but now the ratings are weak and the advertising dollars follow right along.
Sure, the athletes [...]
Johnny Damon Gets 8 Million!
Yesterday, 36 year old Johnny Damon, signed a one year deal with Tigers for 8 million dollars.
And he thought it was not fair.
Here is a guy that is on the downside of his career, throws like a 7 year old school girl and only had a great power hitting year because of the jet stream [...]
Obama Offers Housing Help!
An influx of money for the states of California, Arizona, Nevada, Florida and Michigan will be put into the housing agencies in order to help those states from the outrageous foreclosure issues they are having. President Obama is going to announce a 1.5 billion dollar plan at a press conference in Las Vegas today.
The [...]
Burger King cuts the Cheese
Burger King is cutting costs by eliminating one slice of cheese from it’s “BK Dollar Double” one dollar cheeseburger. Although it may make a minuscule impact on the consumer, the savings to the restaurant chain could be as much as 2 cents per burger or a total of 2% of the gross revenue from [...]
Jobless Claims – Here We Go Again!
Surprise, Surprise, Surprise!
An unexpected rise in jobless claims hits us right in the face as filings for unemployment benefits surged to 473,000. It had fallen the previous week and we thought that there was a little light at the end of the unemployment tunnel. It is looking like the labor market is not [...]
Stimulus Plan – One Year Later
Has the stimulus plan, which is one year old today, accomplished what it should have in this time frame?
You be the judge based on the following:
The Department of Transportation has approved over 10,000 state highway projects for a total of 34 billion dollars… only about 8 billion has been disbursed as of now. That seems [...]
Home Offices on the Way Out
Back in the day, the United States was booming with small business owners operating out of a home office when starting out. The concept, although not completely dead, is slowly morphing to the cafe and restaurant world. Many business owners are now meeting in places that have free wifi and fancy coffee as they market [...]
Derek Jeter – New Contract?
Having spent his entire professional playing career with the world’s most famous franchise, Derek Jeter is in his last year of his current contract and has the option to become a free agent at the end of this budding new season. The face of the Yankees is pushing 36 and at an age when [...]