General Business
Double dip recession: What are the odds?
Is a double dip recession on the horizon? No. But if the media continues to present such doom and gloom then maybe, just maybe, consumers might hold back their spending. This last quarter of better than expected earnings reports from retailers and food establishments proved that not only are we out of [...]
Accounting v Finance, it’s an apple and an orange
This particular post relates to qualifying the support we need and get for our businesses especially when it comes to areas of our businesses we truly do not understand. The accounting side of business comes to mind as this aspect of business is truly one of the areas that most business owners shy away from. [...]
India’s economy grows at fastest pace in 2 years
India economy grew 8.6 percent in Jan-Mar quarter, best in 2 years as manufacturing rebounds.
Erika Kinetz, AP Business Writer
MUMBAI, India (AP) — A rebound in manufacturing and recovering farm output drove India’s quarterly economic growth to 8.6 percent, the best in two years as Asia’s third-largest economy returns to pre-crisis levels of expansion.
Growth for the [...]
Debt-induced stress continues for many Americans
In spite of brighter economic outlook, many people still feeling stress over debt, joblessness.
Jeannine Aversa, AP Economics Writer
WASHINGTON (AP) — The economy trudges ahead yet debt dogs many Americans, stressing them out even as they firm up their own financial foundations.
There are new jobs produced but old worries persisting for people despite belt-tightening and boosted [...]
Fed is working to get credit to small business
Great evidence of the Fed stepping in to help small business. Although this is great news, I am still not an advocate of operating business via loans, credit etc. For those who know me personally, you know there are ways to operate a business without credit. This is a positve article relating [...]
Jobs slowly returning on Main Street
Even more examples of a turn around in the economy. This is great news and a great motivator for small business owners to keep on chugging along. There is a light at the end of the tunnel.
Good article by CNNMoney.
By Catherine Clifford, staff reporter
NEW YORK (CNNMoney.com) — Main Street’s job hemorrhaging has slowed.
Companies [...]
Home sales rise as unemployment claims fall
More good news everyone. Good news is relative but there is no doubt that the economy is in a constant state of flux. When will we ever get back to where we were 20 months ago? Never.
This is a great article where the operative word is “modestly”. Remember folks, it is what [...]
The Conference Board: U.S. economic recovery is strengthening
More positve data on the U.S. economy.
Monday, April 19 – Kansas City Business Journal
The U.S. economic recovery seems to be gaining strength, according to new figures from The Conference Board.
Its Leading Economic Index reached its highest level in March, rising 1.4 percent, after having lifted 0.4 percent the month before and 0.6 percent in January, [...]
Wall Street reform: Washington’s next battle
This will be an interesting debate/battle. Does Wall Street need reform? Absolutely. As I have been playing with the market over the last three years I do see that there is room for improvement. After teaching graduate school and furthering my research toward completion of my PhD, I also see there is [...]
U.S. Economy: Trade Gap Widens More Than Anticipated on Imports
And yet still more positive indicators revealing an end to the recession. Sure this is really not a report to be proud as it plainly stated that we buy more foreign than American products but it does show that Americans are spending. What are they spending? In other words, where are they [...]