economy
Hooters-Style Restaurants Thrive Despite The Bad Economy
Financial watchers are divided on how restaurants fare during a downturn in the economy. Some schools say that the food and restaurant industry is "bullet proof" - and that food is a necessity; Others say that going out to eat at a restaurant is a "disposable purchase" - one that people tend to cut back on when money is tight.
Food Service Employees Not Treated Well – As Washington Cites Job Growth In That Sector
Washington Insiders continue to boast about how well the economy is doing; One of the service areas that gets trumpeted as seeing growth is the restaurant and food industry. And while it's true that there has been some growth there over the last few years, it comes at a price.
Is This How We Move Forward? Unemployment Numbers Jump Again
8.2%. That's the newest unemployment number; Up - again - from last quarter. At the same time, GDP growth also slowed - from 3% to 1.9% - signs that our economy if far from being in a good spot.
Sesame Street Layoffs; Second Round Claims A Dozen Staffers
How's that economy working? A dozen staff members of the venerable PBS children's show Sesame Street were layed-off yesterday. The cuts came from the New York City office.
JCPenney’s New Image Fails; Reports Large 1st Quarter Loss
Three months into JCPenney's new, "improved" image reveals one thing: customers aren't impressed. First Quarter numbers were recently posted, showing that the retailer was off by $163 million dollars.
Just prior the end of Q4 in 2011, JCPenney rolled out a
Retail Sales Slow To A Crawl
Despite the rosy reports coming from Washington, it appears that retail sales have slowed down to a stand-still. The Commerce Department reported that retail sales figures grew only 0.1% in the the month of April - and forecasts for the summer aren't looking any better
JCPenney’s Morale Problem
Earlier this year, JCPenney rolled out their new look and approach to retail sales - with a reduced emphasis on "sales" and "clearance" and more of an up-scale feel to their operations. It was a direct effort to combat sluggish sales across the board in their stores.
Appetite For Kids Meals Wanes
The love/hate relationship that Americans have with fast food kids meals seems to be taking another turn.
Long portrayed as a key contributor to childhood obesity, fast-food kids meals may be losing their appeal to youngsters — and, more importantly, their parents
Beware: Fiscal Cliff Looms For U.S. Market
As a country, we've done nothing to manage our debt the last couple of years. In fact - we've added to it at a record rate. Wall Street-"dooms-dayers" foretell of a fiscal cliff that the market is headed for.
Low Tax Rate, Refund For Obama
I thought that millionaires were supposed to pay more in taxes? Barack Obama's tax returns are public information and inquiring eyes have noticed two things: His effective tax rate is lower than the 30% he proposes and he's also getting a very large tax refund!
One-Fifth Of U.S. Adults Don’t Use The Internet
The simple fact that you're reading this story puts you in the other category; One-fifth of adults living in the United States don't use the internet.
Internet adoption among U.S. adults increased rapidly from the mid-’90s to about 2005

