All Posts Tagged Tag: ‘Economy’

Unemployment Benefits: What the Newest Numbers Mean

According to data released today by the U.S. Department of Labor, the number of Americans applying for unemployment benefits fell 9,000 for the week ending June 22, 2013. The seasonally adjusted initial benefits claims was 346,000. Numbers of initial claims for the previous week was 355,000. Unemployment initial claims are near a five-year low, which was actually hit last month. …

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U.S. Online Retail Spending Up 15% From Last Year

comScore put out some new data on U.S. retail ecommerce spending for the third quarter of 2012. It was up 15% from the same quarter in 2011. Online retail spending reached $41.9 billion for the quarter, and the fourth quarter is where we should see the real spending. It’s the twelfth consecutive quarter, by the way, that comScore has shown …

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Home Sales Rose in July, But Prices Didn’t Follow

The U.S. Department of Commerce announced yesterday that residential home sales throughout the U.S. rose 3.6% in July over home sales in June. The July sales rate matches the rate seen in May, which was the highest rate seen in just over two years. The sales, estimated at 372,000 homes, are also 25.3% more than July home sales in 2011, …

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Dr. Doom 2013 Prediction: Global Economic Turmoil Headed Our Way

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 to assume that countless buttholes are being clenched whenever this guy has something to say. And while you may think …

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Are Data Caps Bad, Or Are They Justifiable?

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.

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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.

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Hansen Clarke: Congressman Introduces The Student Loan Forgiveness Act of 2012

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 to shift towards a more forgiving approach such as loan forgiveness or Income Based Repayment (IBR). On the other side …

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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.

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Apple Antitrust Suit May Predict Coming Market Decline [Study]

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. Major antitrust suits generally come just after the decline into a bear market. Growing negativity toward Apple in the social …

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CIOs Continue Hiring IT Professionals

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 Hiring Index and Skills Report. In the latest quarterly survey, 8 percent of chief information officers (CIOs) interviewed said they …

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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 trillion per year by 2015, which, combined with cloud efficiencies, will drive significant organizational reinvestment and job growth. “The cloud …

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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 research firm Metra Martech. Many of these jobs will relate to engineering, software and manufacturing, as robots are primarily associated …

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