Posts Tagged ‘Economy’
The Truth Behind the Housing Slump
Last Updated on Wednesday, 25 August 2010 05:03 Written by mcorbett Wednesday, 25 August 2010 05:03
Unless you have been under a rock you probably have heard a lot about this week’s (Aug. 24th) U.S. Home Sales numbers plummeting to its lowest levels in more than a decade. This news was not well received by the capital markets as the Dow Jones Industrial Index was down 133 points in a day because of the news. Many who are novice in their understanding of the capital markets and economics are not able to grasp the significance of the news stating that U.S. Home Sales is 25.5% below the level that it was a year ago. This is big news and shows a crack in the recovery of the U.S. economy. In other words the economic engine of America is breaking down right before our eyes.
Tags: Economy, Existing Homes Sales, Housing Slump, Real Estate | Posted under News | No Comments
Summer Concert Revenues Melt Away
Last Updated on Monday, 19 July 2010 09:21 Written by mcorbett Tuesday, 20 July 2010 08:00
Concerts which have been a source of revenue for many artists that look to recoup from millions lost due to piracy which has rocked the music industry. As a result of the slow growth of the US economy, tours have taken a huge hit as many artists have canceled shows because of the lack of ticket sales. This month, pop diva Rihanna postponed six dates on her “Last Girl on Earth” tour.
Concert promoter Live Nation, informed investors last Thursday
Tags: broken business model, Economy, live nation, Ticket Master | Posted under News | 1 Comment
Why it’s best to Start your Company when the Economy is Down
Last Updated on Wednesday, 21 April 2010 07:28 Written by mcorbett Wednesday, 21 April 2010 03:00
Adam L. Penenberg who is writing a new book called Viral Loop which takes an in-depth look at how companies such as Facebook, Twitter, Skype and others grew so big so fast. What Adam noticed was that all these companies were
Tags: Bad Economy, business, Economy, entrepreneur, entrepreneurship | Posted under News | 8 Comments
Entrepreneurship and Why the U.S Economy depends on it PT1
Last Updated on Monday, 15 February 2010 08:22 Written by mcorbett Tuesday, 16 February 2010 10:00
As I briefly wrote in “Can our Economy be Saved?” don’t be fooled by one of the few bright spots of our economy: the Software and services sector. The Software and Services sector has had a 12.63% growth in EPS (earnings per share: The portion of a company’s profit allocated to each outstanding share of common stock). Earnings per share serve as an indicator of a company’s profitability. Although you may hear or read financial analysts talk about the bright spot in this sector, there is a fundamental breakdown in the U.S economy that is not being told to the American people.
Tags: business, capitalism, Economy, entrepreneur, recession | Posted under News | No Comments
Can our Economy be Saved?
Last Updated on Saturday, 13 February 2010 08:39 Written by mcorbett Monday, 15 February 2010 09:00
Don’t be fooled by the “positive performance” during earning season that we are seeing from the high tech companies; Silicon Valley is taking a blow in the area of talent, jobs and capital.
Tags: Economy, Silicon Valley, unemployment | Posted under News | 1 Comment