Job News From: Forbes

Forbes.com: Business News

The Man Behind The Obama Show It's Ricky Kirshner's job to make sure the Democrat's big party comes off right. Is Content King Once More? While social networks grab the limelight, small media sites are attracting buyers. Looking For Energy, Google Goes Geothermal Google.org announces it will help find ways to tap the heat under the earth's surface. Regional Banks May Need Federal Rescue U.S. regulators expected to step in if situation worsens and a bailout becomes necessary. Dark Cloud Over Amylin Why it's so hard to know if the diabetes drug Byetta causes a severe side effect.

Job News From: Yahoo! Business

Yahoo! News: Business Wed, 20 Aug 2008 06:38:44 GMT

LandCap JV to buy Wachovia loans: report (Reuters) Reuters - A joint venture created by LandCap Partners is buying $40 million of troubled land and construction loans from Wachovia Corp The Wall Street Journal said. EBay lowering fixed-price sellers' listing fees (Reuters) Reuters - EBay Inc is cutting the fees U.S. sellers on its site pay for fixed-price items, in one of the company's boldest moves this year to boost merchandise for sale, lure new buyers and take on competitors. HP results top Street despite stronger dollar (Reuters) Reuters - Hewlett-Packard Co results beat Wall Street targets as net profit rose 14 percent, subduing fears that slowing economies and a stronger dollar would weaken the world's biggest computer and printer maker and its rivals. Asia stocks rebound on hopes for China boost (Reuters) Reuters - Most Asian stock markets edged higher on Wednesday, rebounding from a two-year low as Chinese shares surged on hopes for policies from Beijing to jumpstart growth, though many analysts said it was a long shot. Inflation pressures mount as home building slows (Reuters) Reuters - U.S. wholesale prices shot up in July at the fastest annual rate in 27 years, while home builders cut back on construction as they worked through a glut of unsold homes, government data showed on Tuesday. Out with EDGAR, in with IDEA; SEC's new system (Reuters) Reuters - EDGAR, the computer database for filing documents with the U.S. Securities and Exchange Commission, is giving way to a new system that aims to let investors more easily analyze corporate reports and other financial information. Russia 'makes 1 bln dlrs' on Fannie Mae, Freddie Mac bonds: reports (AFP) AFP - Investments in the bonds of struggling US home-loan financers Fannie Mae and Freddie Mac have earned Russia more than a billion dollars in the past six months, press reports said Tuesday. 2Q profit reports from retailers show more strain (AP) AP - From affluent shoppers at Saks to bargain-hunters at Target, from Home Depot to office supplier Staples, consumers are pulling back and that's hurting retailers and raising more concerns about how they'll do the rest of the year.

Job News From: NPR

NPR Topics: Business Tue, 19 Aug 2008 17:21:00 -0400

Soaring Food Prices Threaten ProgressFood prices around the world have hit record highs — and that's starting to take a toll. For example, some experts worry those left hungry in Ethiopia will suffer permanent physical and mental disabilities, such as chronic illness and lower IQ. How To Know If You're RichPastor Rick Warren asked both presidential candidates about their definition of "rich" this weekend. They gave very different answers. Jared Bernstein of the Economic Policy Institute offers his definition of rich, middle class and upper middle class. Fannie And Freddie Still ShakingAfter a bail-out last month, the government-sponsored companies are still on unsteady ground. The director of macroeconomics at Moody's Economy.com examines what trouble for Fannie and Freddie means for the economy. 'Marketplace' Report: Inflation SurgesThe Labor Department reports that prices at the wholesale level shot up 1.2 percent in July — the hottest inflation since 1981. The federal government blames rising energy motor vehicles costs, among other matters. Should Babies Get Own Plane Section?10,000 people voted to create a separate section for parents with babies and small children on the bargain fare Web site, Airfare Watchdog.com. The Web site's creator discusses the feasibility of such an idea. Tax Credit For First-Time Home BuyersCongress just passed the Housing Act, authorizing a tax credit of up to $7,500 for certain first-time home buyers. Our personal finance contributor says consumers need to be careful when signing up. Send Your Back-To-School Saving TipsHow are you economizing during the back to school shopping season? We want all your creative ideas. The EcononautWhat does "producer price index" mean? Adam Davidson, NPR's economics reporter explains. Calif. Home Sales Up Amid Drastic Price CutsThe number of home sales is finally increasing in Southern California, one of the hardest-hit areas. The bad news is that about half of the homes were sold as part of foreclosure proceedings, and it appears that many homes finally moved because of drastic price reductions. Banking, Housing Worries Drive Down StocksOil prices were down again Tuesday — about a dollar a barrel — despite concerns about Tropical Storm Fay in the Gulf of Mexico. But the oil news was overshadowed by the financial markets, where concern about banking and housing were driving stocks lower. Grim Anniversary: Credit Crunch Is 1 Year OldIt was a year ago this week that the global credit crunch began. The mortgage business was struggling with steep losses, and the troubles were spreading throughout the credit markets. Since then, the economy has ground almost to a halt. How much has changed in a year and what's been learned? Shares Of Fannie, Freddie Hit 20-Year LowStock in Fannie Mae and Freddie Mac took a beating Monday on Wall Street. Investors are growing increasingly worried about the need for a government bailout. What Happens To Patrons' Cash When Bank Fails?Banks are failing as a result of the housing crisis, and a former chief economist with the International Monetary Fund predicted Tuesday that the global financial crisis is far from over. David Wessel, economics editor of The Wall Street Journal, talks about what happens to people with money in a bank that fails. Inflation A Growing Threat As Producer Prices JumpAn index tracking prices that companies pay for goods jumped up sharply in July, which means inflation is a growing threat. Meanwhile, the housing market continues to slump, with home-builders sharply cutting back on construction projects. 'Amenity Migrants' Alter Life In Resort TownsSummer vacation season is winding down, but desire to move to the beach or the mountains is running strong. An increasing number of people are translating that urge into a reality.