Author Archive
Here come the profit reports
And yet more optimism. Great data, great optimism, great opportunities ahead to recover now that macroeconomic data shows favorable conditions. This article is good preparation for the coming week.
By Alexandra Twin, senior writerApril 11, 2010: 8:48 AM ET
NEW YORK (CNNMoney.com) — Investors return to work this week with the Dow just short of [...]
Stocks rise on more signs of growth; Dow tops 11K
So here is the hard data that proves that the worst is over. For all you defeatist out there…things are getting better. I can’t believe how many people are so negative about the economy when you have such positive, factual information such as this article and the many other articles I have posted [...]
Consumer behavior shows recession is over
This is another interesting article about the economy. But who do we believe? I can tell that things are OK, but things will never get back to the way they were. Some might say that the U.S. economy is done and it’s only going to get worse. Well, what do we [...]
Economy getting better, but still ‘a long way to go’
By the CNN Wire Staff
Washington (CNN) — The slow but steady U.S. economic recovery appears set to continue, with underlying indicators signaling a growing strength, some of the nation’s senior economists said Sunday.
“The trend has turned,” said Lawrence Summers, director of the White House National Economic Council, on CNN’s “State of the Union” program. [...]
Economy adds jobs at fastest pace in three years
And yet another view of the same data, an optimistic view at that. This is a good read.
By Jeannine Aversa and Christopher S. Rugaber, AP Economic Writers
Economy adds 162,000 jobs for March, strong sign that recovery is finally taking hold
WASHINGTON (AP) — The nation added jobs at the fastest pace in [...]
March jobs report shows growth
More postive news on the economic front as the U.S. economy continues to grow at a snails pace. Of course growth cannot come fast enough for some, but there is a light at the end of the tunnel.
I have said many times in the past that the U.S. economy will never be [...]
SBA small biz lending doubles
Wow, this is a very interesting article being that I am constantly preaching the need to distance ourselves from business loans. My concern is only for those businesses that are not structured to manage loans nor are they prepared to manage the responsibility of a loan, its monthly payments and its interest payments. [...]
U.S. Economy: Consumer Spending Increases as Incomes Stagnate
Yet another interesting article regarding the economy and its ability to bounce back. As I have blogged before, depending on who you talk to, the U.S. is either going broke, or we are slowly recovering. Naturally the U.S. economy will never be what it was where everyone had three cars, two houses, and [...]
Why a $14/hour employee costs $20
This is a great reminder to business owners as well as employees that the costs associated with owning a business, or being employed is much more than we think. This article talks about the extra amount employers pay to keep a human employed. I call it labor burden, which is all the “other [...]
Where to get start-up cash now
Bank credit is scarce and investors are skittish, but that didn’t stop these 6 startups. They found creative ways to raise cash during the downturn.
This is an interesting article being that there are so many negative stories about this economy but there also are people out there starting businesses. Whether it’s in their garage or [...]