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Real Personal Income less Transfer Payments

The National Bureau of Economic Research (NBER) uses several measures to determine if the economy is in recession. From the most recent NBER memo : Because a recession is a broad contraction of the economy, not confined to one sector, the committee emphasizes economy-wide measures of economic activity. The committee believes that domestic production and employment are the primary conceptual measures of economic activity

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Fed’s Pianalto: "May take years to get back to 2007 level of output"

From Cleveland Fed President Sandra Pianalto: When the Small Stuff Is Anything But Small . A few excerpts: You know we have been through one of the most severe and longest recessions in our nation’s history.

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Weekly Initial Unemployment Claims Increase to 496,000

The DOL reports on weekly unemployment insurance claims : In the week ending Feb.

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Make or Break Earnings for Baidu (BIDU, GOOG, MSFT, YHOO)

Baidu Inc. (NASDAQ: BIDU) is up for earnings later this evening for us, Wednesday morning for, to report earnings.  All the media outlets sell you on “this might be the most important earnings season in years” on a misguided basis, but this is going to be one of the most important reports for Baidu.  The [[ This is a content summary only

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Google Cuts Nexus One Termination Fee

It has probably occurred to Google (GOOG) management that customer service for its Nexus One handset has been poor and that has hurt the handset’s reputation.

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Can Obama Wrangle Chinese Currency Deal?

By Max Fisher of The Atlantic Wire When President Obama traveled to China in November, currency policy was among the most-discussed issues.

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Analysts Warming to Oracle More and More (ORCL, IBM, SAP)

Oracle Corp. (NASDAQ: ORCL) has just completed its acquisition of Sun Microsystems, and so far we are seeing analysts overwhelmingly in favor of the stock based on the most recent calls or on recent price changes.  More importantly, the price targets are being raised along with the earnings expectations for beyond 2010.  There are some [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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Signs Of The Apocalypse: The Return Of The Layoff

Layoffs in unrelated industries, even when close together in time, are just that—unrelated. That is until they begin to grow rapidly in number. Three of America’s largest firm announced firings or signaled them during the last week.

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Film Industry Economic Losses Mount From Continuing World Wide Piracy

First-run movie DVDs of films made by US studios are sold be vendors on the streets within a few miles of the central offices of the People’s Republic in Beijing. The Motion Picture Association says it lost $244 million because of piracy in China in 2005, the most recent year for which the association has comprehensive figures. The [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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Blackstone Looks for IPO Exit in Graham Packaging (GRM, BX)

Graham Packaging Company Inc. is one of the most recent filings for a private equity-backed initial public offering.  While terms were not given for this IPO, the company listed that it would sell up to $350 million worth of common stock in its IPO.  The packaging company said that it plans to list on the [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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