Ford Motor Company announced Tuesday its U.S. sales rose 21 percent from September and 3 percent from a year ago. This marks the third time in the last four months Ford sales have increased.
Motor sales ...
Tuesday, November 03, 2009
... the White House is claiming the stimulus 650,000 jobs saved or created under President Obama's stimulus plan. Further, “the White House also says the stimulus is on its way to meeting a goal of ...
Monday, November 02, 2009
The second full week of third quarter earnings is sharing headline space this week with the housing sector, as a handful of released reports are causing renewed concerns on the damaged industry. Wall ...
Wednesday, October 21, 2009
U.S. home mortgage applications dropped last week as interest rates on 30-year loans rose above 5%. The 5 percent level has recently sparked a boom in refinancing.
Low mortgage rates, high affordability ...
Wednesday, October 14, 2009
...
As long as the factory owners (i.e. Beijing) can keep up appearances via rampant stimulus spending and reckless bank loan creation, how would we even know anything was wrong? If it is true that China ...
Tuesday, October 13, 2009
... economy will surge to 8.9% in 2010.
In November 2008, the Chinese government rolled out a $585 billion stimulus package to help improve global exports. The stimulus package was used to build infrastructure ...
Friday, October 09, 2009
Running out of money and plagued with red tape, Cash for Clunkers program will end on Monday, August 24.
From Brian Wingfield, Forbes:
WASHINGTON -- The Obama administration will end its popular ...
Friday, August 21, 2009
Though he supported the stimulus , Warren Buffett warned that Congress will have to address the problem of the deficit soon.
From Daniel Carty, CBS News:
Billionaire investment guru Warren Buffett says ...
Thursday, August 20, 2009
... the United States since June 1983. Year-to-date, total job losses in the country now total 3.851 million. There are now 14.9 million Americans out of work.
Critics of the $787 billion stimulus package ...
Friday, September 04, 2009
Auto dealers race to file final paperwork for Cash for Clunkers deals as $3 billion program winds ends today.
From Peter Valdes-Dapena, CNNMoney.com:
NEW YORK (CNNMoney.com) -- Cash for Clunkers is ...
Monday, August 24, 2009
With sales up as a result of "cash for clunkers," General Motors is adding more work shifts and overtime.
From Katie Merx, Bloomberg:
(Bloomberg) -- General Motors Co., benefiting from
...
Tuesday, August 18, 2009
12.
Internet Stimulus
(Matching tags: Stimulus Plan,Information Technology,Internet Connectivity)
$7.2 billion of stimulus money has been set aside to bring broadband to rural America.
From Sharon McLoone, CNNMoney.com:
WASHINGTON (CNNMoney.com) -- Fast Internet access is a luxury most businesses ...
Tuesday, August 11, 2009
The Obama administration has been saying the U.S. is headed toward recovery thanks to the economic stimulus plan his administration put in place. In fact, according to The Boston Globe, Vice President ...
Thursday, August 06, 2009
... Economic Council says the $787 billion stimulus program is laying the foundation for a recovery.
However, there are still troubling signs that a recovery could be further out. For example, Reuters ...
Tuesday, August 04, 2009
Following Friday’s relatively good GDP report, President Barack Obama stepped out to say that his stimulus has helped “put the brakes on the recession.”
Obama chose his words carefully, cautious not ...
Monday, August 03, 2009
... from an energy loan program that was part of the $787 billion economic stimulus plan passed earlier this year. The original cash-for-clunkers bill had set aside $4 billion for the plan, but was pared back ...
Friday, July 31, 2009
Lawmakers consider additional funding as the "Cash for Clunkers" incentive, which was supposed to continue into the fall, may have already run out of money.
From John Crawley, Reuters:
WASHINGTON (Reuters) ...
Friday, July 31, 2009
'Cash for Clunkers' incentive started Friday and will continue until the $1 billion is used up.
From LA Times:
(WGN-AM)- After two decades and 126,000 miles, John and Susan Musinski's 1990 Ford Econoline ...
Friday, July 24, 2009
President Barack Obama is not ready to prepare a second stimulus plan. He says the first stimulus has worked according to plan.
In his weekly address, Obama said, “In a little over one hundred days, ...
Monday, July 13, 2009
An advisor to President Obama said that the U.S. should prepare a second stimulus plan, just in case.
From Vidya Ranganathan, Reuters:
SINGAPORE (Reuters) - The United States should be planning for ...
Tuesday, July 07, 2009
Today is the deadline for all 50 states to appropriate 50% of the highway stimulus that the federal government will give them. Eventually all of the money will be used for roads, highways, interstates ...
Monday, June 29, 2009
... concept. Washington reports that despite all the billions in stimulus monies it has been pumping out, wholesale prices only rose some 0.2% in April, while consumer prices rose a mere 0.1%.
Needless ...
Monday, June 29, 2009
Citing the possibility of 10% unemployment by year’s end, President Obama says he wants to see how the current stimulus helps before initiating a second stimulus .
From Hans Nichols and Julianna Goldman, ...
Tuesday, June 23, 2009
... Services Soars
Indeed, the administration listed cyber security as an important part of its $787 billion stimulus plan, which in turn leans heavily on Information Technology (IT) upgrades.
Stanley ...
Thursday, June 04, 2009
General Motors’ (GM:NYSE) CEO Rick Wagoner is not happy. The U.S. basically blackmailed him out of his job.
In what’s being called the most surprising and dramatic government interventions since the ...
Monday, March 30, 2009
... FDR, could this be the direction the G-20 takes?
It’s not a lock. Germany has resisted the call for more stimulus packages. And Australian Prime Minister Kevin Rudd has said, “There was ‘never the intention’ ...
Monday, March 30, 2009
A 30-year fixed mortgage can now be had at a rate of 4.85%, the lowest recorded rate in a Freddie Mac survey dating to 1971.
Bankrate.com reports that the nation’s average rate at 5.19% is the lowest ...
Thursday, March 26, 2009
The U.S. dollar has been on a bit of a volatile tear lately. First, China suggests that the world should have a global reserve currency independent of a specific country-based currency.
In other words, ...
Wednesday, March 25, 2009
More Power for Federal Reserve and Treasury
The Federal Reserve and U.S. Treasury Testify Before Congress
A Taipan Publishing Group Market News Brief By Sara Nunnally, Senior Research Director, Taipan ...
Tuesday, March 24, 2009
We knew it was coming. It was the plan all along, left hanging over from the last administration’s bailout plan… Buy up the bad assets banks purchased so that they can clear their books and start lending ...
Monday, March 23, 2009
... to reverse." – President Barack Obama on the dangers of stimulus delay
Your humble editor is feeling pretty okay about the state of the world right now. Or at least, more so than in recent weeks.
Put ...
Friday, February 06, 2009
Impact of Stimulus Plan on American Economy
Stimulus Package - No Free Lunch!
A Taipan Publishing Group Investment Research Report
By Zach Scheidt, Editor, Taipan
With President Obama’s billion-dollar ...
Thursday, February 19, 2009
