Economy Tag Page








Gasoline Prices

I know I am in trouble now. I got excited about paying $2.43 for a gallon of gas yesterday. That is down from around $2.80 just a couple of weeks ago.
Did someone convince the oil companies that they had enough profits or are they just teasing us?
$2.43 is still ridiculous, but, I am glad to see a little relief. Now if gasoline prices would drop some more I could afford to go to the grocery store.
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New Mercedes for All of Your Need


Do you know Mercedes Benz? Most people seem to have been familiar with this name. Mercedes Benz is the world’s oldest German brand name for automobiles, buses, coaches, and trucks. Mercedes Benz automobiles have introduced the majority of technological and safety features common in modern vehicles. Mercedes Benz automobiles are always connected with luxury and uncompromising comfort which other automobiles may do not possess. However, searching for the new series of Mercedes Benz automobiles i


New CCC project will focus on underserved communities


The CCC, known for their work with kids, will seek to broaden their impact into underserved parts of the city. (Photo © J. Maus) The Community Cycling Center plans to launch a new project in 2009 that will seek to broaden the scope of their mission into ethnically diverse and low-income communities in North and Northeast Portland. According to the CCC’s Director of Community and Programs Alison Hill Graves, the new project will start in early spring of next year and will seek to build “cu


China's long game


China's long game by Sam Roggeveen 1 min ago This line from an Economist article on China's aviation industry caught my eye: Many foreign analysts doubt that Western airlines will ever be prepared to buy Chinese aircraft. But, as in other fields, China is playing a long game. That's a point I didn't convey in my post earlier this week on China's naval modernisation. That modernisation — and indeed, China's military modernisation as a whole — has been rapid over the last two decades.


Science, agriculture and New Zealand’s future - (Www.OSIR.org.in) Scoop


Federated Farmers is to be congratulated for its contribution to the debate about the economy’s future direction, Agriculture Minister and Progressive Leader Jim Anderton said today. Jim Anderton said it is important for all New Zealanders to Source: www.scoop.co.nz Cooling climate consensus of 1970s never was - Science News CHILLING POSSIBILITIES Read the original article on Climate Change as it was posted in the 1975 edition of Science News . The reasons to disbelieve that humans are causi


An ill wind is BREWERing in Arizona


Posted by AzBlueMeanie: Many of you have heard by now that Governor Janet Napolitano has been tapped by the Obama transition team to become the new Secretary of the Department of Homeland Security. Napolitano may be Homeland Security pick It is only a matter of official confirmation. Napolitano would be a vast improvement over Michael Chertoff whose dysfunctional response to Hurricane Katrina bordered on criminal negligence. He should have been forced to resign along with Michael "heckuva job


Governor’s Ratings: 2009/2010


Governor’s races are odd birds.  Of all the races I follow — House, Senate, Presidential, even state legislative — they tend to be the least partisan.  The reasons are similar to the reasons that Presidential races often seem so issues-less, especially when compared to the legislative races:  People don’t look at their chief executive and see a bundle of issues; they see a leader.  This is more pronounced at the local and state level, where they just see someone who fixes potholes and makes sur


Jobless Benefits Extension Wins Senate OK; Bush Will Sign


Just before adjourning for the Thanksgiving break, the Senate by a voice vote approved an extension of unemployment insurance (UI) benefits for jobless workers who exhaust their benefits before finding new work. The action came the same day that the Department of Labor reported that new claims for unemployment benefits last week jumped to a 16-year high, hitting a seasonally adjusted 542,000 from a downwardly revised figure of 515,000 in the previous week. More than 1 million U.S. workers hav


“Stay Home for the Holidays” Says Freddie/Fannie


Lights are being hung, turkeys are getting stuffed, and millions of Americans are preparing for the upcoming holiday season. Joining in the spirit of giving, despite all of the turmoil and chaos in our economy, Freddie Mac and Fannie Mae have decided to suspend all foreclosure sales of occupied homes. This moratorium is expected to last between Nov 26 and Jan 9, giving the companies’ time to evaluate and consider their new loan modification plan aimed at assisting borrowers who have fallen more


Diamonds in the Rough (Economy)


By Sean Ballent De Beers has more than doubled its U.S. consumer-marketing budget for the holiday season. Chief strategic officer of Forevermark, the recently launched De Beers diamond brand, based his decision on new research that shows diamond jewelry to be the number-one gift for the holiday season. Why in a time of economic crisis would people be buying diamonds? It seems that the majority of women prefer to receive one gift that has a lasting value, rather than multiple smaller ones. T


Failing Economy and the IT Sector in Corner Cubicle


The point of this poll is to see if an economic downturn would effect the IT industry and how much, and more speciffically which which areas of expertise. Many of us know the economy sucks dow closed around 7500 today. So take the poll and we'll see whats going on out their in the IT world economy. If you know of anything good to add on to this just post it. Thanks, Musya


The Democrats’ Recession


By John R. Lott Jr. The market has fallen in six of eight days since Barack Obama won the election. The Dow Jones Industrial average has fallen from 9,625 to 8,497, a 12 percent decline. The NASDAQ and S&P 500 have experienced similar declines. The Wall Street Journal and others have labeled the drop the “Barack Market,” reflecting the higher taxes on everything from capital gains and dividends to income and increased regulations. They are right, but they are thinking much too narrowly. Much,


How the Recession Will Impact Private Fliers


When three top auto executives traveled to Washington yesterday to plead for a multi-billion dollar slice of the government bailout, headlines blared about the trios’ choice of transportation. But even as private jets are being painted as the latest symbol of corporate excess—at least by Congress and taxpayer advocacy groups—private aviation companies report that now is actually a good time to be a private flier. With companies rolling out more deals and programs with increased perks for consum


Afternoon update 11.20.08


(Thanks for visiting the site. We post three times a day: a Valley political briefing, news briefing and editorial roundup in the morning; a mid-day post on an issue of interest to Valleyfornnians; and an afternoon update. We post Saturdays and Sundays too.) AD 30: Gilmore's lead grows -- Danny Gilmore added 63 votes to his lead in the 30th District race when Fresno County finished counting provisional ballots in the district. The Hanford Republican now has a 2,914-vote lead districtwide o


Lively is Dead, Long Live Google Earth?


It was a nice experiment, but it will soon be over: Google Lively will be discontinued. As Dusan Writer says: But the surprise virtual world entry is the one that arrived before Google Lively, in my opinion, and that’s Google Earth itself, which is about as comprehensive a virtual world as you can imagine. The only thing missing are avatars. Oh, and objects beyond the building facades. But with a new version of Sketch-Up - who knows, all the pieces of the pipeline are there, aren’t they? But


Fonterra cuts payout forecast as cheese sliced, butter melts


Fonterra cuts payout forecast as cheese sliced, butter melts November 21st, 2008 Fonterra has announced its payout forecast has been reduced to NZ$6.00 per kilogram of milk solids from NZ$6.60 per kilogram as global dairy prices fall, including a 39% drop in cheddar prices from a year ago. The revised forecast strengthens expectations that the New Zealand economy is facing a prolonged recession deep into 2009, and puts added pressure on Reserve Bank Governor Alan Bollard to cut the Official


Generation Y defies recession


Toni Scott and Melissa Phipps say global financial worries have not affected their sales to young people. Recession. What recession? While families, debt-burdened individuals and pensioners tighten their spending, Mount Gambier’s young people are continuing to live the high life. Generation Y has shrugged off the global downturn and remains optimistic about the future. With little debt and higher disposable incomes, most of those born after 1980 have managed to remain relatively protecte



November 20, 2008 5:58 PM NEWS FLASH: Never Too Old To Learn One of the disadvantages of our economy being in a depression is, that many businesses are having lots of difficulties to survive. Many people may find themselves without a job, or may anticipate to be without one soon. Now is the time to get an online degree and open up the options for more and better career opportunities. It may be the time, to finally take the time, to do what you always had wanted to do


Lessons from Britain for Detroit's bailout


Lessons from Britain for Detroit's bailoutWith policies such as low taxation and a light regulatory hand, American can build the industries of tomorrow, not the "lame ducks" of America's pastCommentary by Paul DriessenClimate change taxes create 'fuel-poverty' in UKFollowing Britain's lead, the Environmental Protection Agency is preparing regulations that would micromanage every aspect of the US energy system and economyCommentary by Newt GingrichDemocrats bring crony capitalism to DetroitFrank


Bloodbath in California housing market


These are some very scary numbers. If you want into the market in Northern California you can now pick up property at almost half what it was going for a year ago."Despite an increasingly uncertain economy,... read more


Book: Software Studies by Lev Manovich Available Online


Image and announcement source: Software Studies Note: In the Spirt of the commons Lev Manovich makes available online his latest book. Release notes from the book’s website follow below. ———- VERSION: November 20, 2008. Please note that this version has not been proofread yet, and it is also missing illustrations. Length: 82,071 Words (including footnotes). Software Takes Command by Lev Manovich is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 Unit




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