View Top 10 Cities for Online Freelancers – By Earnings in a larger map Alex Rolek, recently unemployed, took his interest in sophisticated technology and turned it into a new career online. After graduating from University of Boulder-Colorado, he started his first “real-world” job at a Las Vegas land development company. While waiting for the [...]
Archive | May, 2011
Men Find A New Fit In Retail
Ouigi Theodore sat on a green metal-studded leather chair in the corner of his flagship retail store, balancing the tasks of dressing impeccably, watching his BlackBerry phone for messages and overseeing the rest of the ongoings in the shop. “I started this business to sell t-shirt designs,” said Theodore. “Now I’m stressing over people offering [...]
Japan Crisis Has Minor Impact on U.S. Economy
The crisis in Japan has had a major impact on its economy but a minor one elsewhere, underscoring the country’s slipping prominence in the global economy. The earthquake, tsunami and ensuing nuclear crisis that plagued the northeastern coast of Japan have caused immeasurable human toll. Early predictions of its economic impact in Japan were also [...]
Strength of Luxury Item Sales Fuel Future Economic Growth
Having thoughts of splurging on a new Coach bag for the spring? Picturing yourself with the new white iPhone 4? Well you’re not the only one. The sales of high-end luxury items have increased over the past few months, a sign that further economic growth is not far behind. A number of high-end retailers are [...]
Leave the Hybrid, Take the Electric Motor
As auto makers worldwide ramp up efforts to promote new and improved electric models, some engineers are spreading a less expensive message: with a little expertise, or at least the help of an expert, you can turn your own gas-fueled car into an electric vehicle. In a course on electric car conversion at Skyline College [...]
Another Tax Holiday, Another Short-Sighted Trip
Treasury officials are in talks over whether American firms should be allowed to repatriate funds at a discount, in what is sometimes called a tax holiday. It has been trumpeted as a needed boost to the economy and a welcome step toward reform. Firms such as Apple, Oracle, and Qualcomm are pushing hard for the [...]
Stagnant Wages Making Inflation Worse?
There is no doubt the U.S. economy is still in a fragile state. A wave of commodity driven inflation spurned by the increasing cost of gasoline, energy and food is making the situation worse. In an effort to combat the increases many are turning savings and pension into supplements to the salaries. Couple this with [...]
Job Search Not Easy for Laid-off Public Sector Workers in New Jersey
In late April of this year, 125 Paterson cops joined thousands of state and local employees in New Jersey to receive pink slips in the last year. In the last twelve months, New Jersey has let go of over 26,000 state and local government workers. The Garden State is one of many states letting public [...]
Tight credit keeps buyers from cheap homes
In the aftermath of a housing crisis built on easy credit, today’s tighter credit standards are widely accepted. But just how fine a comb lenders put to loan applications can be surprising. California Realtor Scott G. Harrison tells the story of a recent buyer with a pending contract on a Bay Area condominium. Months earlier, [...]
The Economic Toll of the Japan Crisis
The disaster in Japan has caused immeasurable human toll but as more numbers from March and April are released, its economic impact may prove less dire than first expected, at least for the rest of the world. A few weeks after the earthquake and tsunami hit the northeastern coast of Japan, analysts rushed to predict [...]