Monday, November 14, 2011
Friday, November 11, 2011
Thursday, November 10, 2011
Tuesday, November 8, 2011
Monday, November 7, 2011
Friday, November 4, 2011
News from this month just came in that America has dropped the unemployment rate down to 9% by adding about 80,000 jobs this last month says this Dallas morning news article. This is a good amount of growth coming from the august and September combined made 102,000 jobs. Also in the second quarter this year, almost 97,000 jobs were created for the complete second quarter. For the third time this year there are only less than 400,000 people that are unemployed. The increase is most likely helped by the growth of the economy in the third quarter. Although the unemployment rate is decreasing it can still not compete with the population growth in America. Employers are scared to hire people until the level of demand becomes steady. The Fed says that they expect the unemployment rate to reach about 8.6% by this time next year and remain steady for a while.
The movie rental company, Blockbuster, has been dealing with many setbacks. The rise of online movie distributors like Netflix and also more convenient ways of getting movies like Redbox, which are conveniently located at many gas stations around the country. This competition has been making Blockbuster make some very important decisions. One decision they have to deal with is the shutting down many of the stores including the most convenient one by my house. Now I have moved on to the much more convenient road of Netflix and the occasional Redbox movie. Also, due to the demand being so high for Netflix and Redbox they upped the prices by two dollars. This forced Blockbuster to make the same decision because of competition says this article. I think that Blockbuster needs to start making some big decisions now to compete with Netflix and Redbox, or else bad things will happen.
Thursday, November 3, 2011
Starting with a regular iPad 2, the aluminum back panel is replaced with one made of solid 24ct gold. Then, the normal Apple logo is replaced with one made of 24ct gold and with 53 diamonds. The part of the front of the iPad that surrounds the screen is made of ammonite, one of the rarest rocks on the planet. Finally, the feature that really sets this iPad apart is the actual Tyrannosaurus rex bones shaved into the finish. The final touch is the home button is replaced with a platinum base complete with 12 outer diamonds and a single 8.5ct centerpiece.
As if the price tag alone doesn't make this iPad a luxury good, only two in the world are being produced. This iPad is certainly an extreme example of a luxury good, which only a few are able to afford.
Wednesday, November 2, 2011
Tuesday, November 1, 2011
Trick-or-treaters may have paid more of a price this year during Halloween. Peanut butter and all the products associated with, such as Reese’s (the best candy on the market) are dealing with escalating prices due to one of the worst peanut harvests in recent years. Price increases ranging from 20% to 40% as early as last Tuesday have been issued for many Peanut butter producers. According to last year, the price for a ton of peanut butter has already gone up by $750 and continues to climb. Many experts agree that next years peanut butter prices can’t look any better until harvest time roles around. In addition, we can expect increases in many of the compliments associated with peanut butter products. Soon enough jelly will be sold at prices through the roof just because it is so closely associated with peanut butter. Next year’s harvest needs to produce a decent yield of peanuts because I don’t want to start paying the extra buck for something as simple as a Reese’s cup!