U.S. unemployment rate falls to 9%
The…
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Men's underwear leaves the Stone Age
FORTUNE -- The days of over-sized jeans sagging from the derrieres of men everywhere are no more. Skinny jeans, tailored pants, and fitted oxfords are de rigeur, leaving little room for excess fabric in the undergarment department. Boxers or briefs used to be the only question men needed to ask themselves, but today, the options have grown. Five years ago, Tom Patterson was a medical-device sales rep by day and an avid-viewer of CNBC's The Big Idea with Donny Deutsch by night. "All of the featured products or services ... were created out of personal frustration," recalls Patterson. "I found myself constantly looking around, asking, 'What can I make better?'" During the financial crisis, Patterson was laid off from a sales job he held for six years. During his down time, he realized that one of the biggest fashion annoyances he faced while he was working was a fabric gut -- that baggy bump just above the belt line caused by a loose-fitting undershirt.$34,000 in debt, wants to start a business
Michele Heyward has a big heart. When friends or family struggle financially, she is always there to help with a mortgage or car payment or clothes for the kids. Recently she has been spending more than $1,800 a month on others.Chinese New Year makes U.S. biz uneasy
As China celebrates the New Year by ushering in the Year of the Dragon, U.S. small companies with exposure to the country are doing more hand-wringing than rejoicing.Behind an expat's wine startup success
FORTUNE -- Language and cultural differences make it hard to be an expat entrepreneur under any circumstances. It's doubly hard if the main market for your product plunges into a wrenching economic crisis. And it's even more difficult if your costs are in a country that suffers incredibly high inflation. That's the position in which Michael Evans has found himself during the last few years. The Mendoza, Argentina-company he co-founded, Vines of Mendoza, was selling turn-key "vineyard estates" largely to Americans, whose disposable income evaporated following the 2008 collapse of Lehman Brothers and financial crisis. Even worse, as Evans' buyers were disappearing, his costs were rising; Argentina's already high inflation shot past 20% in 2010 and stayed there. Evans knew something would have to be done fast. "I've been through something like this before in 2000, when I was at a dot-com. When something like that happens, you don't know exactly what's going to pass, but you know things will get worse before they get better," says Evans, 46. Faced with tumbling income and soaring inflation, as 2008 moved into 2009, the company cuts costs by 40% by laying off 30% of its staff ("By far, the worst day of my life," says Evans).Furniture maker lands coveted spot at State of the Union
Bruce Cochrane relaunched his family's furniture company in Lincolnton, N.C., last year, because he wanted to create jobs for Americans instead of setting up shop in China to take advantage of the cheaper labor.Entrepreneur News
Personal Finance
Obama expands foreclosure prevention program
The Obama administration is taking another swing at improving its main foreclosure prevention program.Retirement saving: Don't shortchange the later years
Many people think they can plan on spending less later in retirement since they'll become less active as they age. But if their health declines, they may actually shift spending rather than reduce it. Do you think it's risky to plan as if one's expenses will go down later in retirement? --Tim, U.K.Nonprofit founders put passions ahead of planning
Scott Pankratz and Julie Osborn are phenomenal planners and money managers -- except when it comes to their own investments.Recovering from a too risky portfolio
We spoke to five families who face challenges that could keep them from meeting their financial goals. With a few tweaks to their game plan, they can get back on course. Here, the Mitchells' story -- and the recommended financial fixes.Rich, Gingrich and crazy rich
Which presidential candidate paid the most in taxes? Who is the most charitable? Here's an inside look at the top candidates' 2010 income tax returns.Lifestyle
Branson's new underwater plane
The latest addition to the Virgin mogul's fleet will spirit vacationers to and from his private Caribbean island.Luxury travel is back!
But you can still find a deal for your winter tropical vacation.Jaguar XJ: Tata's luxury flagship
Jaguar rolls out a new top-of-the-line luxury sedan -- the finishing touch on a troubled brand's make-over.Mansions on the Vineyard
Martha's Vineyard boasts some of the nation's priciest real estate - and stunning views.Retirement
Don't shortchange the later years
Many people think they can plan on spending less later in retirement since they'll become less active as they age. But if their health declines, they may actually shift spending rather than reduce it. Do you think it's risky to plan as if one's expenses will go down later in retirement? --Tim, U.K.Laid off and making the retirement savings last
Ed Parker never planned on retiring early. But in 2009, at age 61, he was laid off from his job as a manager at a Caterpillar dealership and realized he was ready to end full-time work. His wife, Roxann, had retired a decade earlier from her job at a department store, and travel plans beckoned.Nonprofit founders put passions ahead of planning
Scott Pankratz and Julie Osborn are phenomenal planners and money managers -- except when it comes to their own investments.Recovering from a too risky portfolio
We spoke to five families who face challenges that could keep them from meeting their financial goals. With a few tweaks to their game plan, they can get back on course. Here, the Mitchells' story -- and the recommended financial fixes.Can I give my 401(k) firm the boot?
My 401(k) is managed by a brokerage firm that was busted by the SEC for fraudulent practices (although those practices weren't related to my 401(k) plan). Still, I don't want to invest my money with, or pay fees to, to a firm I consider unethical. For now, I've switched all of my money into the bond account figuring it's the safest place to invest until I can figure out what to do. But I'd really like to get into another 401(k) plan. Can I do that? -- Michael S.Welcome to our Community!
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State of the Union address
Posted by Leonard Fields on January 24, 2012 at 5:05pm 0 Comments 0 Likes
Just got home and awaiting the state of the union address.
Been hearing all of the "GOP" sizzling today!
It will be interesting to see what clears after the smoke.
Economic numbers are looking better this…
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Unemployment rate falls to 8.5 pct., hiring surges
Posted by George Vasu on January 12, 2012 at 8:53pm 0 Comments 0 Likes
Nation added 200,000 jobs in…
U.S. unemployment rate falls to 9%
Posted by George Vasu on November 21, 2011 at 2:00pm 0 Comments 0 Likes
Do you know anyone that worked at MF Global ?
Posted by George Vasu on November 11, 2011 at 3:38pm 1 Comment 0 Likes
Staffing Compensation Estimator
Posted by George Vasu on November 3, 2011 at 6:00am 0 Comments 0 Likes
Staffing Compensation Estimator: Internal staff compensation comparisons by title, skill segment, and firm!…
Continue Staffing Industry Revenues To Surpass $121. Billion in 2012
Posted by George Vasu on November 2, 2011 at 6:00am 1 Comment 0 Likes
7 Trends that have changed the world of work and how to adapt
Posted by Rita Martin on November 1, 2011 at 1:07am 0 Comments 0 Likes
This article was a great reminder for me and I found it very interesting I really like points 4, 5 and 6 ~ hope you enjoy!
The world of work is changing. Here’s how to deal with it…
Continue Please check "Ishikawa's Blog"
Posted by Kosuke Ishikawa on October 31, 2011 at 2:22pm 0 Comments 0 Likes
Hi. Please check "Ishikawa's Blog" from time to time. I try to update my blog regularly: http://gl-hr.com/blog/
Thank you very much!
Kosuke Ishikawa
All of the Masters of Success Agree
Posted by Janet Marletto on October 31, 2011 at 5:44am 0 Comments 1 Like
Secrets of Six Figure Women by Barbara Stanny
Posted by Janet Marletto on October 30, 2011 at 1:30pm 0 Comments 1 Like
There has been a beautiful response to my blog on Pure Thought! This will make the world better.
The book I am reading…
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The Start Small, Win Big Challenge
Good Morning America’s small-business guru invites you to take the small steps to catapult your career to new heights. Enter to win great prizes during our 12-week Start Small Win Big entrepreneurial challenge--plus the grand prize winner will snag free consultations with Tory Johnson and Darren Hardy!
Inside the Shark Tank
Drama, intrigue, greed, deception - yes, we're talking about the hit TV show! SUCCESS goes behind the scenes and lands some coveted tips from the Sharks.The 2011 SUCCESS Achiever of the Year Nominees
Whose accomplishment, innovation or big idea most significantly impacted you, your business or your world in 2011? Cast your vote.Modern Marketing: Think Differently
To survive and thrive in business, you need to embrace and leverage the power of technology. Check out these strategies and resources.Tony Jeary: The Success Strategies
Business is results, so how do you get the right results faster than your competition? Learn the three keys.Top Content
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Major Economic Indicators Latest Numbers
Consumer Price Index (CPI):
unchanged in Dec 2011
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Unemployment Rate:
8.5% in Dec 2011
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Payroll Employment:
+200,000(p) in Dec 2011
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Average Hourly Earnings:
+$0.04(p) in Dec 2011
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Producer Price Index (PPI):
-0.1%(p) in Dec 2011
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Employment Cost Index (ECI):
+0.3% in 3rd Qtr of 2011
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Productivity:
+2.3%(r) in 3rd Qtr of 2011
News Release
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U.S. Import Price Index:
-0.1% in Dec 2011
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U.S. Export Price Index:
-0.5% in Dec 2011
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Markets
Dow breaks 3-week winning streak
U.S. stocks ended mostly lower Friday as jittery investors digested a weaker-than-expected economic growth report and as Europe's debt crisis still loomed in the background.FDA blocks orange juice shipments from Canada
The Food and Drug Administration said Friday that it had detained orange juice shipments from Canada after they tested positive for low levels of a banned fungicide previously found in Brazilian juice. The FDA announced earlier this month that it would begin testing foreign orange juice shipments for the presence of the fungicide carbendazim before allowing them to enter the country. On Friday, the agency said that among 80 shipments from around the world it tested so far, six from Canada and five from Brazil had tested positive. The samples that have tested positive so far had carbendazim levels of between 10 and 52 parts per billion. The Environmental Protection Agency says carbendazim levels under 80 parts per billion do not raise safety concerns.The anti-Kodak: Eastman Chemical
It is every parents' dream that their children enjoy a better life than they have. I am not sure if that's also true for parent companies and their offspring.SEC to step up scrutiny of private equity firms
The private equity world is struggling to stay in the shadows.What's behind Netflix's 22% spike?
Netflix is the highest flying stock on the S&P 500 Thursday, but was its fourth-quarter earnings report enough to justify a 22% run up in the stock?Economy
Mortgage probe unveiled as foreclosure talks loom
President Obama's latest probe into the mortgage meltdown will have more power than past efforts, and federal officials say it won't derail a possible $20 billion settlement for underwater and foreclosed homeowners.Just how rich is Romney?
Exactly how much is Mitt Romney worth? Hard to say.U.S. economy growing faster, but still struggling
The United States economy picked up speed at the end of 2011 as businesses substantially built up their inventories and consumers increased their spending.Campaign finance, Colbert style
Is Stephen Colbert a comedian, political candidate or professor of campaign finance law?Why is the Fed still so nervous?
Some might say that the Federal Reserve is wisely taking a smart, wait-and-see approach regarding the economy. I am not one of those people.Badge
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