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All Recent Tags With the markets roiling today, although not as roughly as many economic pundits had predicted before the Federal Reserve announced a three-quarter percent cut in its prime lending rate (from 4.25% to 3.50%), maybe we can exhale and examine what lies in front of us, from an economic viewpoint.
A...
Read More | Jan 22nd, 2008
Oh boy, our domestic financial flu is spreading, and overseas financial markets are in a swoon as a result.
That's the big news today even as the U.S. financial markets are closed for Martin Luther King Day. With U.S. banks and stock exchanges closed down in honor of the slain civil rights legend,...
Read More | Jan 21st, 2008
Keeping track of the economic news is getting nerve-racking - akin to watching a train wreck in slow motion.
In the past 24 hours we've seen . . .
- A Fortune magazine study showing that about 75% of Americans who think we're either already in a recession or are heading toward one (no surprise...
Read More | Jan 18th, 2008 | Comments: 1 | Last Comment: Jan 19th, 2008
Today's batch of economic news is mixed, and seemingly conflicted as ever.
Hey, don't shoot me - I'm only the messenger.
But for techies wondering how secure their jobs really are these days the news from the most recent Federal Reserve Beige Book report signaled economic growth for November and...
Read More | Jan 17th, 2008
If you've been following this blog, you know I'm no nay-sayer on the economy. A realist, yes, but I won't wave pom-poms for a recession like so many others in the media.
That said, I don't think there's any doubt that 2008 will be short of a robust year for technology. And that's okay. Economies...
Read More | Jan 16th, 2008
Okay, I was downed by technology issues for a few days but I'm back up with a vengeance.
And just in time, as the major technology companies begin to release their quarterly earnings statements. IBM was first up earlier this week, and easily surpassed analyst expectations. Wall Street attributed...
Read More | Jan 16th, 2008
Interesting news from a new study of 112 homes in the Seattle area that shows a 10% reduction in home energy bills through the use of "smart grid" technology.
The study, conducted by the U.S. Department of Energy, and reported on CNet News this morning, says its GridWise Project not only saves...
Read More | Jan 10th, 2008 | Comments: 1 | Last Comment: Jan 10th, 2008
There's an old saying in marketing that the consumer always gets what he or she wants.
That's likely never been more true than with today's cell phones, where users are clamoring for more than just songs downloads, video, GPS, systems, and, increasingly, voice mail technologies.
Voice mail? Did...
Read More | Jan 8th, 2008 | Comments: 2 | Last Comment: Jan 9th, 2008
Warner Brothers certainly has a lot of weight to throw around the consumer technology - and their latest move landed squarely on increasingly frustrated HD-DVD providers.
In a move that signals a tectonic shift in the consumer video industry, Warner Bros. Entertainment announced last week that it...
Read More | Jan 7th, 2008
The drum beat has already started for next week's Consumer Electronics Show in Las Vegas, where you won't be able to swing a dead rotary dial phone without hitting a slick sales type breathing the word "wireless" into your ear.
Elena Malykhina, writing in Information Week this morning, advises...
Read More | Jan 4th, 2008