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Economy Articles

Dr. Doom 2013 Prediction: Global Economic Turmoil Headed Our Way Dr. Doom 2013 Prediction: Global Economic Turmoil Headed Our Way
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Dr. Doom 2013 prediction: Economist Nouriel Roubini recently stated that a “perfect storm” for economic disaster is currently brewing, and he stands behind his beliefs. Considering Roubini is the guy who accurately predicted the country’s previous financial disaster, it’s safe …

Are Data Caps Bad, Or Are They Justifiable? Are Data Caps Bad, Or Are They Justifiable?
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How do you feel about data caps? I think it’s safe to assume that most people aren’t in favor of them, which is why many public interest groups are speaking out against them. Several of these groups have reached out to lawmakers and the FCC asking that they investigate data caps.

What Will the JOBS Act Do for Startups & the Tech Industry? What Will the JOBS Act Do for Startups & the Tech Industry?

Last week, President Obama signed into law the Jumpstart Our Business Startups Act, more commonly known as the JOBS Act. The White House administration is hoping that small businesses and startups will drive recovery and create new jobs.

Hansen Clarke: Congressman Introduces The Student Loan Forgiveness Act of 2012 Hansen Clarke: Congressman Introduces The Student Loan Forgiveness Act of 2012
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Student loan forgiveness is a hot button issue in America right now and there are many voices on each side. One side believes that given the state of the economy and the vanishing of middle class job opportunities, we need …

Is Antitrust Enforcement as Regulation Harming American Companies? Is Antitrust Enforcement as Regulation Harming American Companies?

Antitrust is quickly becoming a buzzword in the technology space as companies such as Google, Apple, and others are being investigated. The Federal Trade Commission is currently looking at Google in regards to claims that it is using its search power to favor its own products in search results.

Apple Antitrust Suit May Predict Coming Market Decline [Study] Apple Antitrust Suit May Predict Coming Market Decline [Study]
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The antitrust suit that the Justice Department threatened Apple with on March 7 may bear a wider significance for overall market trends. According to one recent study, U.S. government attacks on highly successful corporations historically correlate to stock market peaks. …

CIOs Continue Hiring IT Professionals CIOs Continue Hiring IT Professionals
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In another sign of a rebounding economy, technology executives are expected to continue hiring IT personel in the second quarter of 2012, albeit at a slower pace than three months ago, according to the newly released Robert Half Technology IT …

Cloud Computing To Create 14 Million New Jobs By 2015 Cloud Computing To Create 14 Million New Jobs By 2015

According to a new study by IDC, the growth of cloud computing is on track to create nearly 14 million new jobs globally by 2015. IDC’s research, which was commissioned by Microsoft, predicts revenues from cloud innovation could reach $1.1 …

Robotics Industry To Create 1 Million New Jobs Robotics Industry To Create 1 Million New Jobs

According to the International Federation of Robotics, increasing use of robots will create 1 million new jobs in the next 5 years. The announcement is based on a study, “Positive Impact of Industrial Robots on Employment,” conducted by the market …

What Happens to AT&T and T-Mobile Now? Congressman Boucher Weighs In What Happens to AT&T and T-Mobile Now? Congressman Boucher Weighs In
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Last month, AT&T withdrew its bid to purchase T-Mobile USA from Duetsche Telekom after a lot of criticism, especially from the Department of Justice and the FCC. The merger did receive a lot of support, but criticism proved to be louder.

IT Employment Continues to Grow IT Employment Continues to Grow

In December 2011, the IT job market grew by 15,300 jobs, which is part of a general upward trend according to a report by TechServe Alliance. This figure encumpasses IT service firms, suppliers, clients, and consultants. This is almost a …

Apple Shares Reached All-Time High Today (Twice) Apple Shares Reached All-Time High Today (Twice)

On the heels of news that Apple’s iPhone interest among consumers is sustaining unprecedentedly high levels, Apple can enjoy one more round on the house of good news today: shares of the company briefly surpassed the $427 mark twice today, …

Sprint Spreading Christmas Cheer with Assurance Wireless Program Sprint Spreading Christmas Cheer with Assurance Wireless Program
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According to the Employment Situation Summary released earlier this month from the Bureau of Labor Statistics, the unemployment rate is 8.6 percent, which means 13.3 million people are unemployed. In other words, a lot of people are clearly struggling.

Facebook Hogging The Internet

Facebook has a lot going for it lately.

Economy is a Bright Spot For Facebook
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Facebook is reportedly planning on expanding its staff by up to 50% this year. CEO Mark Zuckerberg delivered this news to Bloomberg, saying the economy has provided a "great environment" for them, because nobody else has been hiring.

eCommerce Sales Down From Last Year
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comScore has released its Q2 retail eComerce sales estimates, which indicate that US online retail spending totaled $30.2 billion, which is 1% less than the same period last year. This is only the 2nd time eCommerce spending has been lower for the same quarter than the previous year.

Online Back-to-School Shopping Not Too Popular
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It doesn’t look like too many people plan to do their back-to-school shopping online. eMarketer looks at a combination of studies from BIGresearch and the National Retail Federation, Deloitte, and OfficeMax. These studies paint similar pictures, and they just don’t show too many intentions from parents to turn to the web as the school year draws near.

Apple Bucking The Current Economical Trend

While it should come as no surprise, Apple is doing very well, thank you. Amidst all of the gloom and doom, the hand wringing and the concern over the future, Apple is simply rolling along as if to say “What recession?” In what will likely be a classic case study in business schools for the future, Apple has taken an approach to the market that is so revolutionary that it has to be examined. You see, they are providing high quality products that fill needs for their customers.

Google and the Economy
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Google releases their Q2 earnings today.  It will be interesting to see how their results will be received on Wall St. for a number of reasons. Google is one of those companies that people measure the economy as a whole against to some extent. As such, today has sort of a groundhog day kind of feel to me.  I don’t typically spend a lot of time watching economic news – even in good times, but i’ll be paying a little more attention to it today.

Google and Egypt Ink $10 Million Deal
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Google and the Egyptian Ministry of Communications and Information Technology have signed a $10 million contract regarding business and workforce development in Egypt. Egyptian Minister of CIT, Dr. Tarek Kamel came to Washington D.C. this week with the goal of reinforcing bilateral relations between Egypt and the US, a representative for the Information Technology Industry Development Agency (ITIDA) tells WebProNews.

Within A Year, Facebook Triples Its Advertiser Base

I know you’re tired of hearing the same old “the economy is going down the tubes” sob story, so I brought you something different today—a company that’s actually increasing its advertiser base. And not just any company—a social media company (and you know how tough it is to really make money there—you know, other thank from VCs).