In preparing to write my posts, I often come across noteworthy and sometimes bizarre financial and business news. Below are links to some of these sites. Enjoy!
I am especially appreciative to the Skilled Investor and the festival of frugality. Our post “Luxury Goods Are the New Porn” was included in the carnival of financial planning, and Is there room for Economic Optimism? was included in the festival of frugality and the carnival of financial planning. I appreciate both sites for the links. Thanks for spreading the word!
Posts of Week
House approved delay of DTV conversion
Record 19 Million homes stood vacant in 2008
Quantify Everything: How Bad is the Economy… Really?
80 percent of wall street workers get bonuses, some still unhappy
Financial crisis has destroyed 40 percent of world wealth
Humorous Money News
55,000 laid off on Monday
Do countries count money differently
Business News
Glaxo is slashing costs and jobs further
GM, Chrysler offering to buyout tons of blue-collar employees
100 companies that will survive 100 years
Starbucks to layoff 6700, close 300 stores
Post office (USPS) may switch to 5-day delivery schedule amid economic concerns
Some credit card companies financially profiling customers
JP Morgan exited Madoff-Linked funds early
Exxon-Mobil set record with with $45.2 billion in profit
Macy’s to cut 7000 jobs, slash dividend
Economy
Consumer incomes and spending falls; savings rises
Record 19 Million homes stood vacant in 2008 (POW)
Quantify Everything: How Bad is the Economy… Really? (POW)
80 percent of wall street workers get bonuses, some still unhappy (POW)
Disgorge, Wall street Fat Cats (POW)
Financial crisis has destroyed 40 percent of world wealth (POW)
Entertainment Money News
Media firms keep pink slips coming
House approved delay of DTV conversion (POW)
Springsteen debuts at Number 1 in US
Wall Street bonus-fest 2008: 6th largest haul on record (POW)
Offbeat Money News