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They're hanging the black crepe today at The New York Times, the Associated Press, CNN, ABC, NBC, CBS and other mainstream media outlets. Why? Because the recession the media has been pining for months now has once again escaped their clutches.
This after the U.S. Commerce Department reported this...
Read More | 15 Days Ago
With the semiconductor market on the ropes, Intel is doing all it can to stay relevant - financially and globally.
To that end, today's news that Intel has "doubled down" on China by rolling out its second venture fund in the burgeoning Far East Tiger. The fund, to be called the Intel Capital...
Read More | Apr 8th, 2008
Businesses are snapping their wallets shut, at least when it comes to software spending - usually a good leading indicator of economic growth.
One key benchmark, the ChangeWave corporate software spending survey, has seen a shift into negative territory for the first time in years.
In its...
Read More | Feb 29th, 2008 | Comments: 1 | Last Comment: 13 Days Ago
Anybody reading this blog knows that the media has been adamant about the U.S. economy tanking into recession, with reporters putting their notebooks and tape recorders down and waving pom-pom's in support of economic strife for millions of Americans.
Why? Once again, who knows? Probably because...
Read More | Feb 21st, 2008
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
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
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
Are Americans brain-challenged when it comes to the economy? Or misinformed by the mainstream media?
It's a question that must be asked today, after a CNN-Opinion Research Poll released this morning shows that nearly half-of Americans think we're already in a recession.
That, after continued...
Read More | Oct 18th, 2007 | Comments: 1 | Last Comment: Oct 22nd, 2007
You've just to love it.
Honestly, you just can't make this stuff up.
One day after the business media engaged in an epic bout of hand-wringing over a decline in home sales values, a new report out today shows that consumers have looked at the housing mess, saw that it impacted only about 1% of...
Read More | Sep 28th, 2007
The Wall Street Journal has an interesting article out this morning touting a new defensiveness among investors -- and what they plan on doing to protect their portfolios against a possible recession.
"With the housing downturn, credit crunch, gloomy employment data and a parade of maudlin...
Read More | Sep 24th, 2007
