Barrack Obama has written a new page in the history books by becoming the first black President of the United States. Now after the glitz of winning the battle with John McCain by taking the presidency, Obama must now face a tougher battle with the mess of an economy he has inherited.
On the first day of the realization that we have a new president, the stock market took a nose dive. Business leaders are holding there breath while waiting for his decisions to show what type of economic policy a…
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Added by In Business on November 5, 2008 at 6:00am —
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When you are in sales or own a company you've got to concentrate everyday on feeding your pipeline. The more you feed it the more you'll make. You've got to get creative in finding those customers that are looking to buy your exact product. It's getting harder and harder to beat out everyone else and get them to know about you to choose you.
The ABSOLUTE fundamental to sales and it's greatest secret success formula is so basic that it's astounding.
You know how they say that things change yet…
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Added by In Business on October 31, 2008 at 7:00am —
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We all witnessed the fall of the stock market when the bailout wasn't accepted on Monday. Later, when the Asian markets opened, they fell too. The economic bailout plan is not to save wealthy Wall Street but it is the integrity of the American dollar and the world wide markets.
Before this huge mess American dollars were the most coveted money where everything seemed like it was based on it. Now, it is a sad shadow of what it once was.
The economic bailout is not for a select group but the who…
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Added by In Business on September 30, 2008 at 9:30am —
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Tropical storm Gustav doesn't seem as much a threat as was feared earlier this week. The markets took it well even as Gustav inched closer to hitting the Gulf and American shores. There have apparently been vast improvements in the oil rigs to handle a beating much more than 2005 and tropical storm Katrina.
Gas prices haven't risen. The price of oil has actually decreased significantly (gas is now under $4) since the oil lords discovered that Americans are just using less oil. Huh... they reall…
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Added by In Business on August 28, 2008 at 11:21pm —
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Who hasn't heard about how bad the economy sucks. Well now even Vegas where nothing ever hurt it is feeling the pain. A major casino just slashed 40,000 jobs. Let's see their real estate market CRASHED!!! Now their jobs are being slashed.
Why didn't it hurt before for Vegas when everyone else was hurting? The local economy is no longer mostly gaming related. There are now regular jobs not casino related that take up a higher proportion of their economy so now Vegas suffers like every where else…
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Added by In Business on August 1, 2008 at 10:11pm —
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The economic downturn and rising prices is causing more and more people to stop spending. They are taking their money to pay off debts or increase their savings which further stumps any kind of economic recovery. This is according to a study by Reuters and the University of Michigan.
However, looking at these gas prices and the higher prices for everything...who can save? The worsening job market, banks reluctance to lend and ridiculous oil prices is causing consumer sentiment to be nothing ros…
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Added by In Business on July 19, 2008 at 11:30pm —
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It's always easier to ignore the hard things in life. We have already begrudgingly gotten used to gas prices that are over $4 a gallon and normal families losing their homes to foreclosure. Whenever a big event like a big bank goes down then it makes us notice once again that the economy is still really hurting.
IndyMac once one of the largest lenders in America was taken over by federal regulators. This thrift bank grew big during the recent real estate boom and specialized in Alt-A no doc or…
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Added by In Business on July 12, 2008 at 2:38pm —
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As the mortgage crisis continues and more homes are falling into foreclosure, banks are looking at alternate ways to make money. Since the interest rates for home loans are so low and they are getting scrutinized under a microscope, banks are now turning to credit cards as a source of making big income.
As more Americans are financially squeezed and turn to their credit cards to pay their bills, the credit card companies are sending out more offers to do balance transfers with a minimum 3% fee…
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Added by In Business on July 2, 2008 at 10:51pm —
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Before the boom in gas prices, people would buy a home further and further into the suburbs to afford a bigger home and avoid the smog. Now with the onslaught of enormous gas prices, people are now returning to urban cores or finding homes that are closer to their jobs. Sitting an hour in t…
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Added by In Business on June 19, 2008 at 12:00am —
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This is the definitive guide to understanding whether working at home for a company or owning your own online business is right for you.
Many people are on the search for real work from home businesses and the exact how to steps to get to work from home. It actually has two components.…
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Added by In Business on June 13, 2008 at 2:30am —
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Social networks are very powerful focused audiences that advertisers can tap knowing their ad dollars are reaching their exact audience. In a few years, it will be the well established niche social networks aht gt bought up left and right so it might as well be you. How can you capital…
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Added by In Business on May 28, 2008 at 1:59am —
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Making money online is the siren call that many are drawn to and yet many have found it much harder than it looks. Why? Because like anything you are talking about a real business not just a microwavable meal. Anytime you see a get rich quick opportunity where you don't have to do a th…
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Added by In Business on May 27, 2008 at 2:02am —
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Have you checked out the gas prices? I remember last year when I thought that $3 gas was expensive. Now it looks like we are headed towards $5 gas. The oil rich countries are laughing all the way to the bank and President Bush's talk with them didn't make a dent. They actually just turned h…
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Added by In Business on May 18, 2008 at 1:30pm —
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This housing crisis is not new news however when you think of people who go into "foreclosure" it is becoming surprising. Foreclosure and bankruptcy is no longer for a small group of people or completely irresponsible people but mainstream Americans.
An unforeseen illness or layoff…
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Added by In Business on May 12, 2008 at 11:30am —
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You need to be aggresive at all times with expenses but even more so during a Recession. Think you've spent a dollar? Nope, you've spent more than that when you factor in that that dollar was an after tax dollar plus the opportunity cost of what else you could have done with that mone…
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Added by In Business on May 6, 2008 at 6:00am —
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Watching the news you would think that every business is languishing during this Recession. Not so! Here are 5 Industries that is seeing a boom in business.
1. Bail Bonds - The more that prices go up the more crime we'll see. It's one thing when you can't buy a gold chain and another…
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Added by In Business on May 4, 2008 at 11:00am —
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Running a restaurant is no easy feat. There is the short life span of ingredients and how to predict what will be ordered most so you don't run out of it. Now add in the factor of a run on rice and now the slim margins of a Restaurant owner is under question.
Any Asian restaurant has rice…
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Added by In Business on April 25, 2008 at 7:30am —
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What does it mean if the current student loan crisis acts as the breaking point to where parents and students can no longer afford to send their kids or go to College? Will this damage the future of America's dominance of the world economy?
That begs the next question which is "how rele…
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Added by In Business on April 22, 2008 at 6:00am —
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What hope that has been left after the onslaught of the mortgage crisis, credit squeeze, Recession woes, Inflation, price of gas and increase in the cost of living is being strangled by the teetering student loan crisis. Sallie Mae the nation's largest student lender reported that it los…
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Added by In Business on April 20, 2008 at 6:30am —
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The most important part of a business plan is the homework you need to do before you write a business plan. That consists of researching, analyzing, and evaluating the business opportunity you’d like to pursue. Doing your homework will unveil the potential weaknesses and problem a…
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Added by In Business on April 2, 2008 at 7:30am —
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