http://money.cnn.com/news/newsfeeds/siliconalley/big-tech/verizon_could_sell_iphones_as_soon_as_next_year_2009_4.html
Verizon Wireless is currently in talks with Apple to sell the iPhone as early as next year. This will help Apple maximize its iPhone business. The reason many people don't buy iPhones and are fustrated with their phones is because of the sometimes-crappy 3G network.
Tuesday, April 28, 2009
Swine Flu Fears May Hammer Travel Industry
http://moneynews.newsmax.com/economy/swine_flu/2009/04/28/208201.html
This item has to do with the new flu epidemic. With this break out, some are suspecting the travel industry being hit hard. Travel to mexico has been heavily discouraged by the US government. Other countries have started taking action also. Europe's health official has said not to travel anywhere the flu has hit. Other countries are taking action in the airports by checking people for signs of fever. I chose this article because my family and i are big travelers and this just interested me. I do agree with the governments discouraging travel to flu hit places because they are looking out for the better interest of the country. Nothing could be worse than it spreading throughout the world because of people traveling with the flu to different countries. Yes the information is being stated fairly because the article shows the reasons why governments are taking these precautions. The government could shut down travel completly but i think that is too drastic and some people must travel. this is my second time using this source and i would use it again.
This item has to do with the new flu epidemic. With this break out, some are suspecting the travel industry being hit hard. Travel to mexico has been heavily discouraged by the US government. Other countries have started taking action also. Europe's health official has said not to travel anywhere the flu has hit. Other countries are taking action in the airports by checking people for signs of fever. I chose this article because my family and i are big travelers and this just interested me. I do agree with the governments discouraging travel to flu hit places because they are looking out for the better interest of the country. Nothing could be worse than it spreading throughout the world because of people traveling with the flu to different countries. Yes the information is being stated fairly because the article shows the reasons why governments are taking these precautions. The government could shut down travel completly but i think that is too drastic and some people must travel. this is my second time using this source and i would use it again.
Oh That Swine Flu*
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2009/04/28/financial/f033245D73.DTL&type=business
The threat of a swine flu pandemic kept global businesses and investors on edge Tuesday, disrupting travel plans and sending stock markets down on fears the outbreak could worsen and cause more economic misery. Stocks of air lines and travel adgencies were in fear that travellers would stay home due to the out break. "Much of the fallout hit financial markets jittery about the future, as opposed to the real economy. Shares in Europe's largest airline Air France-KLM continued the sharp drop begun Monday, falling an additional 2.85 percent to euro8.16 on Tuesday. Shares in European hotel giant Accor SA, which operates 9 Sofitel and nearly 1,000 Motel 6 hotels in the United States, slid 4.35 percent to euro30.10." said Greg Keller. The virus suspected 150 deaths in Mexico.With the world economy already seen shrinking 1.3 percent this year by the International Monetary Fund, swine flu could add more stress by further eroding trade, consumer spending and investment — snuffing out what many say are the glimmers of a recovery. i chose this artical because its a very hot subject right now. I can understand rather. This outbreak affected airlines,hotels, and population. Yes, the writer was simply states the economic loss many buisness are suffering. i would definatly use this source again i love the articals here!!!!
The threat of a swine flu pandemic kept global businesses and investors on edge Tuesday, disrupting travel plans and sending stock markets down on fears the outbreak could worsen and cause more economic misery. Stocks of air lines and travel adgencies were in fear that travellers would stay home due to the out break. "Much of the fallout hit financial markets jittery about the future, as opposed to the real economy. Shares in Europe's largest airline Air France-KLM continued the sharp drop begun Monday, falling an additional 2.85 percent to euro8.16 on Tuesday. Shares in European hotel giant Accor SA, which operates 9 Sofitel and nearly 1,000 Motel 6 hotels in the United States, slid 4.35 percent to euro30.10." said Greg Keller. The virus suspected 150 deaths in Mexico.With the world economy already seen shrinking 1.3 percent this year by the International Monetary Fund, swine flu could add more stress by further eroding trade, consumer spending and investment — snuffing out what many say are the glimmers of a recovery. i chose this artical because its a very hot subject right now. I can understand rather. This outbreak affected airlines,hotels, and population. Yes, the writer was simply states the economic loss many buisness are suffering. i would definatly use this source again i love the articals here!!!!
Home Prices Change Sharply
Home prices dropped sharply in February, but for the first time in 25 months the decline was not a record, another sign the housing crisis could be bottoming.
housing seems really important now specialy with a ressecion
i think this is good and maybe should help people with there money situation if they are lookin for homes.
this was presented fairly great information.
i would love to use this source again
http://finance.yahoo.com/news/US-home-prices-post-186-pct-apf-15053459.html
housing seems really important now specialy with a ressecion
i think this is good and maybe should help people with there money situation if they are lookin for homes.
this was presented fairly great information.
i would love to use this source again
http://finance.yahoo.com/news/US-home-prices-post-186-pct-apf-15053459.html
Drug companies hope for Medicaid expansion
http://news.yahoo.com/s/nm/20090422/hl_nm/us_usa_healthcare_campaign;_ylt=Al9YkAu0amfwpEV1VhIoK_SCSbYF
It seems some leading drug companies would like to promote some positive changes to U.S. Healthcare. Being a huge critic i am about our healthcare, this one article caught me quick. I support these new ideas 100% and hope they pull through with it, because im tired of people not being able to afford certain medications that they may need to survive, or poor people being poorer because of the money they need to spend on meds. I beleive this article was very clear with its message, and i will be following up on this on Yahoo News.
It seems some leading drug companies would like to promote some positive changes to U.S. Healthcare. Being a huge critic i am about our healthcare, this one article caught me quick. I support these new ideas 100% and hope they pull through with it, because im tired of people not being able to afford certain medications that they may need to survive, or poor people being poorer because of the money they need to spend on meds. I beleive this article was very clear with its message, and i will be following up on this on Yahoo News.
GM plans to cut 23,000 jobs
http://money.cnn.com/2009/04/27/news/economy/auto_workers/index.htm
And now we have more people looking for jobs.
And now we have more people looking for jobs.
consumer confidence
http://news.yahoo.com/s/ap/20090428/ap_on_bi_ge/us_economy;_ylt=A0wNcwqsIfdJ2n0AHgSyBhIF
This item is about consumer confidence and how it is going from high to low and low to high. I chose this because I am a consumer which means some of my views may be in this item. I agree with this item because of personal feeling. If i don't feel confortable spending my money on something I won't and that doesn't help the economy. I believe that the information has some what be presented fairly because people have to understand that consumers are afraid of what they spend money on so they either save it or don't spend it. I would use this source again because I could understand what it was talking about.
This item is about consumer confidence and how it is going from high to low and low to high. I chose this because I am a consumer which means some of my views may be in this item. I agree with this item because of personal feeling. If i don't feel confortable spending my money on something I won't and that doesn't help the economy. I believe that the information has some what be presented fairly because people have to understand that consumers are afraid of what they spend money on so they either save it or don't spend it. I would use this source again because I could understand what it was talking about.
How and when to use credit...
http://www.recordonline.com/apps/pbcs.dll/article?AID=/20090424/BIZ/904240380/-1/BIZ16
This article is about is about knowing how and when to use your credit. The reason why I choose this article is bacause my aunt is facing problems with credit cards and I want to learn why is the so many people is facing credit problems and most of them are making the same mistakes over and over.I agree with this article beacause like Jessica Holcomb said one of the solutions is not having one ........Yes i thinkit was presented fairly because it saids hot things are.... I will used this site again bacause i really like it and i also believed it was usefull to me.
This article is about is about knowing how and when to use your credit. The reason why I choose this article is bacause my aunt is facing problems with credit cards and I want to learn why is the so many people is facing credit problems and most of them are making the same mistakes over and over.I agree with this article beacause like Jessica Holcomb said one of the solutions is not having one ........Yes i thinkit was presented fairly because it saids hot things are.... I will used this site again bacause i really like it and i also believed it was usefull to me.
swine flu and the economy
http://money.cnn.com/2009/04/27/markets/markets_newyork/index.htm?section=money_latest
The Swine Flu has been announced as a public health emergency and has effected people in many ways. The Swine Flu made the stock markets fall, Dow Jones industrial average fell 51 points because of it, people are worried how the flu will effect the economy. Airlines and hotels are also getting hit very hard because of the swine flu, people are more hesitant to fly and travel because they do not want to go to unfamiliar places incase they do get the flu. Europe is getting hit the hardest because of the flu, that is where most of the cases have occured.
I chose this issue because it is a recent problem that is happening and it is effecting the stock markets which have already been down because of the recent recession. I understand how the swine flu is effecting the economy, and hopefully there will be a solution soon. The information from this article was very useful and it helped me understand how the swine flu is effecting the economy and what it is specifically effecting. I would use this source again, i used CNN money for my last blog and I beleive it is a reliable source and gives me real and true information.
The Swine Flu has been announced as a public health emergency and has effected people in many ways. The Swine Flu made the stock markets fall, Dow Jones industrial average fell 51 points because of it, people are worried how the flu will effect the economy. Airlines and hotels are also getting hit very hard because of the swine flu, people are more hesitant to fly and travel because they do not want to go to unfamiliar places incase they do get the flu. Europe is getting hit the hardest because of the flu, that is where most of the cases have occured.
I chose this issue because it is a recent problem that is happening and it is effecting the stock markets which have already been down because of the recent recession. I understand how the swine flu is effecting the economy, and hopefully there will be a solution soon. The information from this article was very useful and it helped me understand how the swine flu is effecting the economy and what it is specifically effecting. I would use this source again, i used CNN money for my last blog and I beleive it is a reliable source and gives me real and true information.
flightclub sneakers overpriced?
Would you pay 2500 for these!? http://www.flightclubny.com/p.php?fc=ny&c=aj&sc=aj4&i=010631
Tuesday, April 21, 2009
citi feild
http://foxforum.blogs.foxnews.com/2009/04/13/kerpen_citifield_mets/
This article is about how the New York Mets about there team playing in A building named after a major corporate failure which the company dependent on bailout after bailout of taxpayers in order to stay in buisness..
This article is about how the New York Mets about there team playing in A building named after a major corporate failure which the company dependent on bailout after bailout of taxpayers in order to stay in buisness..
GM to cut 1,600 jobs this week
http://money.cnn.com/2009/04/20/news/companies/general_motors_cuts/index.htm?postversion=2009042010
This article is about GM cutting a large amount of salaried employees as part of a previously announced plan. These cuts will affect nearly all GM operations in the U.S. As the recession has hammered the auto industry, the Treasury Department has loaned GM (GM, Fortune 500) $13.4 billion so far and is looking at providing additional assistance to help the automaker avoid bankruptcy. President Obama announced March 30 that the company needed to make additional cuts to become viable and receive additional government loans. Many salaried employees have retired or left voluntarily to help GM in this crisis. U.S. salaried employees who keep their jobs will receive pay cuts effective May 1 and running through the end of this year. Executive employees will have their base pay reduced by 10%, and many other salaried employees will see reductions of 3% to 7%.
This article was pretty helpful and the information given was good. GM explained their plans to avoid bankruptcy and President Obama made it clear that cuts are needed and are part of the 10,000 salaried positions GM plans to eliminate around the world.
This article is about GM cutting a large amount of salaried employees as part of a previously announced plan. These cuts will affect nearly all GM operations in the U.S. As the recession has hammered the auto industry, the Treasury Department has loaned GM (GM, Fortune 500) $13.4 billion so far and is looking at providing additional assistance to help the automaker avoid bankruptcy. President Obama announced March 30 that the company needed to make additional cuts to become viable and receive additional government loans. Many salaried employees have retired or left voluntarily to help GM in this crisis. U.S. salaried employees who keep their jobs will receive pay cuts effective May 1 and running through the end of this year. Executive employees will have their base pay reduced by 10%, and many other salaried employees will see reductions of 3% to 7%.
This article was pretty helpful and the information given was good. GM explained their plans to avoid bankruptcy and President Obama made it clear that cuts are needed and are part of the 10,000 salaried positions GM plans to eliminate around the world.
Thrifty is the new frugal
http://money.cnn.com/2009/04/20/pf/citigroup_kerschner_thrifty.fortune/index.htm?postversion=2009042010
Signs that we're reaching an economic bottom are beginning to emerge: a 28% jump in the S&P 500 index since its March low, a sustained rise in oil prices, and the Fed's latest Beige Book noting "a moderation in the pace of decline. Many American Consumers are spending consiously rather than conspicuous. Economist are predicting this "slump" to last longer than planned bcause of consumers spending. This artical reminds me of one of our lessons in class. i choose to believe that consumers are spending alot more consious because money is very tight an people are scared of the risk. I chose this artical because it is a prime exsample of how consumer spending is affecting the economy. I would recommend this artical as well as follow the subject.
Signs that we're reaching an economic bottom are beginning to emerge: a 28% jump in the S&P 500 index since its March low, a sustained rise in oil prices, and the Fed's latest Beige Book noting "a moderation in the pace of decline. Many American Consumers are spending consiously rather than conspicuous. Economist are predicting this "slump" to last longer than planned bcause of consumers spending. This artical reminds me of one of our lessons in class. i choose to believe that consumers are spending alot more consious because money is very tight an people are scared of the risk. I chose this artical because it is a prime exsample of how consumer spending is affecting the economy. I would recommend this artical as well as follow the subject.
Lebron James Sneaker Contract 90 Million For 7 Years.
do you think this is a good contract? do u feel they should have did somethign else with the money?
http://findarticles.com/p/articles/mi_m1355/is_24_103/ai_102981596/
http://findarticles.com/p/articles/mi_m1355/is_24_103/ai_102981596/
http://moneynews.newsmax.com/economy/gas_prices/2009/04/20/205121.html
Price of Gas at Pump at Four-Month High
This article was about the rising gas prices. Over the last four months the average cost has rose to a high of $2.06. I chose this article because i am getting my car today and i will have to start paying for gas. i agree with what the article is saying because the information is basically statistics. I think it is presented fairly because the article shows how the prices in various cities has changed over time. I would use the moneynews website agian becasue it appears to be a legit source of news that is at the same time up to date.
~B. Thomas jr
Price of Gas at Pump at Four-Month High
This article was about the rising gas prices. Over the last four months the average cost has rose to a high of $2.06. I chose this article because i am getting my car today and i will have to start paying for gas. i agree with what the article is saying because the information is basically statistics. I think it is presented fairly because the article shows how the prices in various cities has changed over time. I would use the moneynews website agian becasue it appears to be a legit source of news that is at the same time up to date.
~B. Thomas jr
President Obama talks about cutting taxes
http://cnnmoney.mobi/money/business/economy/detail/140141;jsessionid=B65143DFCDA3A84E1A016CE872E88D90
This article is about the changes President Obama is trying to make when it comes to the amount of taxes and what people are being taxed on. One of President Obama's goals as the new President of the United States is to lower and cut taxes. He thinks money should be more invested in education, energy and healthcare. I chose this article because the day to pay your taxes just passed and I know it cost some people a lot of money. Taxes are a big issue, and they are costing people a lot of money. I agree that taxes should be focused more on people's education, because almost no one can not afford to have a good education on their own, they need financial help. Also, health care is a big issue, more and more American's can not afford health care, and people get sick more often because they can not afford to go to the doctors. And the last thing he said that money should be more invested in is new energy sources, our planet is in danger if we continue using the sources we have been using for years, we need to find new sources of energy, and that could take a lot of money and time, but it is neccesary.
This article was helpful, and the information it gave was presented fairly, it simply stated what President Obama had said and what he plans to make happen, it did not seem bias or opinionated. I would use CNN money again, because it was a reliable and helpful source. I am interested in what else President Obama thinks needs to happen when it comes to health care, education and energy, besides the fact that our tax money should be going to thoes issues instead of other things. I would like to research more on that topic.
This article is about the changes President Obama is trying to make when it comes to the amount of taxes and what people are being taxed on. One of President Obama's goals as the new President of the United States is to lower and cut taxes. He thinks money should be more invested in education, energy and healthcare. I chose this article because the day to pay your taxes just passed and I know it cost some people a lot of money. Taxes are a big issue, and they are costing people a lot of money. I agree that taxes should be focused more on people's education, because almost no one can not afford to have a good education on their own, they need financial help. Also, health care is a big issue, more and more American's can not afford health care, and people get sick more often because they can not afford to go to the doctors. And the last thing he said that money should be more invested in is new energy sources, our planet is in danger if we continue using the sources we have been using for years, we need to find new sources of energy, and that could take a lot of money and time, but it is neccesary.
This article was helpful, and the information it gave was presented fairly, it simply stated what President Obama had said and what he plans to make happen, it did not seem bias or opinionated. I would use CNN money again, because it was a reliable and helpful source. I am interested in what else President Obama thinks needs to happen when it comes to health care, education and energy, besides the fact that our tax money should be going to thoes issues instead of other things. I would like to research more on that topic.
Monday, April 20, 2009
How to be in this blog
Welcome to Ms. Goodman's period 6 economics news blog! The economy is dominating the news, and probably will be for some time. It's important to understand what's going on and to be able to judge whether the information is trustworthy.
Here's what to do. Find an article about the economy, finances, or money on the Internet. It MUST MUST MUST be no more than 1 week old. Put the link to your article in your blog and answer the following questions. Please use proper spelling and punctuation! Your entry will be much easier to read.
You must post at least once a week or lose 10 points from your grade for each week you miss. Your participation in this blog counts as TWO TESTS.
A blog is a conversation. I encourage you to be part of it so we can all help each other understand the tough times we live in. You can do it!
Here's what to do. Find an article about the economy, finances, or money on the Internet. It MUST MUST MUST be no more than 1 week old. Put the link to your article in your blog and answer the following questions. Please use proper spelling and punctuation! Your entry will be much easier to read.
- What is this item about?
- Why did you choose it?
- Do you agree with what's happening in the news item you chose? Why or why not?
- Do you think the information has been presented fairly? Why or why not?
- Would use this news source again?
You must post at least once a week or lose 10 points from your grade for each week you miss. Your participation in this blog counts as TWO TESTS.
A blog is a conversation. I encourage you to be part of it so we can all help each other understand the tough times we live in. You can do it!
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