Weekly Initial Jobless and Unemployment Claims Rise to 464,000 – Above Estimates of 459,000
Weekly initial jobless and unemployment claims data has been released and there has been a rise to 464,000 which is higher than the consensus of 450,000. This is also quite a jump from the 429,000 from last week. The data from the previous week included the July 4th holiday which could have provided a backlog [...]
Telemundo and NBC Network Look to Cash in on 2010 US Salsa Open in Oakland, California
When it comes to TV ratings in the summer many networks find it extremely difficult to drive audiences to their living rooms. Telemundo and NBC Network are looking to cash in on the first ever Salsa championship event open to the public. The 2010 US Salsa Open championship will begin on July 22nd, 2010 and [...]
Comic Con 2010 Offers Gaming and Comic Book Entrepreneurs a Chance to Exchange Ideas in San Diego, CA
Comic Con 2010 will kick off tomorrow, July 22, 2010 in San Diego, California and it will give gaming and comic book entrepreneurs a chance to exchange ideas. There is little argument to be made the two minds are better than one. Well, at conventions, entrepreneurs have a chance to put thousands of great minds [...]
Federal Housing Finance Agency (FHFA) Home Price Index Data Shows Movement of Single Family House Prices
The Federal Housing Finance Agency (FHFA) Hope Price Index (HPI) will be released tomorrow and it could go a very long way in helping many current and future homeowners determine the overall direction of housing prices. The HPI is a repeat sales index that measures prices changes in repeat sales or refinancings. The data is [...]
Weekly Initial Unemployment and Jobless Claims Report – Consensus Expects 450,000 from Labor Deparment
The weekly initial unemployment and jobless claims report will come out tomorrow, Thursday, July 22nd, 2010 and the consensus is that the Labor Department will report a jump to 450,000 from 429,000 last week. Last week we saw the lowest number for unemployment and jobless claims since the beginning of 2008. There is a great [...]
Research in Motion (RIMM) Shows America the Abilities of Blackberry 6 – Stock Price Down 21% Year to Date
Research in Motion continues to remain the #1 provider of smartphones in America but with the increased competition of Apple iOS and Google Android the folks at RIMM know they must step up their game to stay atop this market. Yesterday, Research in Motion showed America the mulitmedia capabilities of Blackberry 6. The Blackberry blog [...]
Ben Bernanke Comments Push Stock Market Lower by Over 1% – Mortgage Rates Tank with 10 Year Treasury Yield
Around 2:00 Ben Bernanke made the statement that the economic outlook remains “unusually uncertain” which spooked the market and sent the major indices down over one full percentage point. Along with the stock market drop we saw the 10 year treasury rate yield tank as well which is sure to push mortgage interest rates lower. [...]
Kyle Parker Returns as Clemson Tigers Quarterback During Sophomore Year – Turns Down 1st Round MLB Money
Today Kyle Parker made the announcement that he will return as the Clemson Tigers starting quarterback during his sophomore season rather than taking his baseball game to the major leagues. Just last month Kyle Parker was selected as the 26th draft pick in the first round of the Major League Baseball draft by the Colorado [...]
BP CEO Denies Rumors of Resignation – Future Replacement for Tony Hayward Must Clean Up BP Image Quickly
There have been many rumors swirling that the BP CEO, Tony Hayward, would submit his resignation very soon. BP and Tony Hayward have denied these rumors but anything is possible when billions of dollars are lost. While Tony Hayward might survive 2010 and possibly 2011 his future replacement is going to have to do a [...]
Shirley Sherrod Asked to Resign from USDA – Possible Fears of Another Class Action Racism Lawsuit
Over the last few days many Americans are starting to get bits and pieces of the Shirley Sherrod story and why she was asked to resign from her position as the Agricultural Department’s director of Rural Development in Georgia. Sherrod feels that her “racist” comments were taken out of context which forced her to, subsequently [...]
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