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  • Auto and Gasoline Sales Help Boost November Retail Sales Growth - 14 December 2009
  • Despite initial reports from many retailers that the start to the holiday season has been relatively sluggish, the Commerce Department reported Friday (December 11) morning that retail sales climbed by 1.3 percent in November. This follows a 1.1 percent boost in retail performance during October.

  • $2,000 Gold is Coming - 5 December 2009
  • The price of an ounce of gold continues to remain above $1,200 after reaching a new all-time high at $1,218.25 to start the final month of 2009. In early Friday (December 4) morning trade, the spot rate for gold was $1,205.40.

  • Is US Economy Heading for a ‘Double Dip’? - 3 December 2009
  • With the majority of economic analysts in agreement that the US economy is moving out of the recession and is in a recovery phase, many are still dubious, biding their time to see if the recovery will be sustained, or go into decline again in what is being termed as a 'double dip'. The view that the US economy is in recovery is being based primarily on the 3.5 percent growth experienced in the third quarter, but the surge of optimism has not touched everyone, and some economists are calling for authorities to be prepared with economic stimulus plans to be put into action early next year, particularly with the aim of creating jobs in a struggling labor market where the ranks of the unemployed keep growing.

  • Ethical Consumerism - 23 November 2009
  • With it being an accepted fact that consumer spending is a driving force behind the US economy, as we head into the festive season, retailers are no doubt hopeful that consumers will ease the negative impact of the economic crisis that has held the country in its grip all year. However, as consumers continue to grapple with job losses and pay cuts, which have led many to lose their homes and other assets, they have been forced to trim down their shopping lists and redefine what they may have viewed as necessities in the past. This redefining may very well also have a negative impact on ethical consumerism, a practice which is also referred to as ethical purchasing, ethical consumption, green consumerism and moral purchasing.

  • Mobile Communications Market Thrives Despite Tough Times - 20 August 2009
  • With technology continuing to move ahead rapidly, there is no denying that techs present a highly competitive, and lucrative, market sector. Currently in the news is the battle of the search engine titans as Microsoft and Yahoo attempt to secure at least an increased portion of a market indisputably dominated by Google. Another ongoing battle that is no doubt of interest to stock market traders is that between Research In Motion (RIM), the manufacturers of BlackBerry, and Apple with its iPhone, in what has become known as the "Smartphone Wars".

  • Wall Street Rally Over As GM & Chrylser Cut Dealerships - 18 may 2009
  • By Wednesday of last week, when markets took a dive on Wall Street following the worse-than-expected retail sales results for April, as well as dismal results on housing and employment, there was still some optimism that Thursday and Friday could possibly see markets recoup their losses and extend the two month rally - but this was not to be. As more bad news filtered through to investors, Friday was somewhat of a roller coaster ride, ending the week with all three major indexes – the Dow Jones Industrial Average, Standard & Poor’s 500 and Nasdaq Composite - declining for the first time in ten weeks.

  • Some Highlights of Wall Street’s Week Ahead - 4 may 2009
  • In a market where the phrase "less worse" appears to be an acceptable replacement for "improved" when discussing stock market performance, analysts and investors are grasping at any news that may be seen as positive. While Thursday saw major stock indices ending slightly lower, the unofficial closing figures revealed that the Dow ended the month of April on a positive note with an increase of 7.4 percent, while the Nasdaq climbed 12.4 percent and the S&P 500 jumped 9.4 percent for the month.

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