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December 2 2009: It's foolish to ask for luxuries in times like these
theautomaticearth.blogspot.com — Unemployment has exploded: "We've lost a ton of jobs since I was here last," Davidowitz says, noting... the "real" unemployment rate is 17.5%. "That's an astounding number." Housing continues to sink: "The consumers' biggest asset is down trillions" in ... (more) December 2 2009: It's foolish to ask for luxuries in ...
The Automatic Earth
theautomaticearth.blogspot.com — Unemployment has exploded: "We've lost a ton of jobs since I was here last," Davidowitz says, noting... the "real" unemployment rate is 17.5%. "That's an astounding number." Housing continues to sink: "The consumers' biggest asset is down trillions" in ... (more) The Automatic Earth

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Employment Chart Round-Up
47 minutes ago at The Big Picture
Media Digest  12/4/2009  Reuters, WSJ, NYTimes, FT, Bloomberg
Media Digest 12/4/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
247wallst.com — Reuters: Goldman Sachs (NYSE:GS) may make bonus payments in stock. Reuters: China is worried about sticking to... dollar deposits. Reuters: A well-known economist says housing will continue to fall. Reuters: Bank of America (NYSE:BAC) sold over ... (more) Media Digest 12/4/2009 Reuters, WSJ, NYTimes, FT, ...
Media Digest  12/3/2009  Reuters, WSJ, NYTimes, FT, Bloomberg
Media Digest 12/3/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
247wallst.com — Reuters: Affluent borrowers are being made credit card offers. Most other people are rarely solicited. Reuters: Bank... of America (NYSE:BAC) will repay $45 billion in TARP funds. Reuters: AMR (NYSE:AMR) and TPG have offered JAL $1.1 billion in ... (more) Media Digest 12/3/2009 Reuters, WSJ, NYTimes, FT, ...
In Which Dean Baker Is Unhappy with the New York Times's Edmund Andrews
delong.typepad.com — Dean Baker: In Just a Decade the U.S. Interest Burden Could Be as High as It Was... in 1992!!!!!!! : That might not sound scary to most people, but this was the punch line of a front page NYT news story.... The fourth paragraph asserts that: ... (more) In Which Dean Baker Is Unhappy with the New York Times's ...
DUBAI DEBACLE
marketnut.net — WHAT IS DUBAI WORLD? Dubai World is the emirate’s flag bearer in global investments. It has a... central role in the direction of the emirate’s economy and has four main areas of operations: Transport & Logistics, Drydocks & ... (more) DUBAI DEBACLE
Baselines, Counterfactuals and the Stimulus
Baselines, Counterfactuals and the Stimulus
econbrowser.com — Apropos the post on evaluating the impact of the stimulus, here is graphical depiction of what IHS... Global Insight, Macroeconomic Advisers, and Moody's predicted under the counterfactual of no stimulus against the w/stimulus outlook (from NYT ).  ... (more) Baselines, Counterfactuals and the Stimulus
Media Digest  11/26/2009  Reuters, WSJ, NYTimes, FT, Bloomberg
Media Digest 11/26/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
247wallst.com — Reuters: Saab’s failure to be bought shows that Chinese companies are having trouble moving into Western markets... through M&A. Reuters: AIG (NYSE:AIG) and former CEO Greenberg settled legal issues between them. Reuters: Dubai will put a ... (more) Media Digest 11/26/2009 Reuters, WSJ, NYTimes, FT, ...
Media Digest   10/5/2009  Reuters, WSJ, NYTimes, FT, Bloomberg
Media Digest 10/5/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
247wallst.com — Reuters: Toyota (NYSE:TM) returned to a profit. Reuters: The Fed will keep rates near zero for an... extended period. Reuters: Cisco (NASDAQ:CSCO) beat forecasts. Reuters: Gold is near $1,100. Reuters: The Senate approved new ... (more) Media Digest 10/5/2009 Reuters, WSJ, NYTimes, FT, ...
Media Digest  11/6/2009  Reuters, WSJ, NYTimes, FT, Bloomberg
Media Digest 11/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
247wallst.com — Reuters: The Wall St. insider trading probe lead to another 14 arrests. Reuters: Fannie Mae (NYSE:FNM) lost... $19 billion and as Treasury for money. Reuters: GM is readying its plans for Opel and some of its workers went on strike. Reuters: The ... (more) Media Digest 11/6/2009 Reuters, WSJ, NYTimes, FT, ...
Time Inc Layoffs Begin; About 400
Time Inc Layoffs Begin; About 400
paidcontent.org — The layoffs at Time Inc, intended to save about $100 million in costs, have begun, and the... news group is the first, understandably. About 15 to 20 sales and marketing employees were told today, most of them from Sports Illustrated, reports NYT . The ... (more) Time Inc Layoffs Begin; About 400
Weekend Reading: Gold, Vegas, Sex, and Commercial Real Estate
paul.kedrosky.com — A few links from my weekly Weekend Reading column: Inside the Global Frenzy for Gold ( NYT... ) Las Vegas construction nears standstill ( Las Vegas Sun ) The Technology Behind the Madoff Scam ( IDD ) Bank of England says financiers are ... (more) Weekend Reading: Gold, Vegas, Sex, and Commercial Real ...
Media Digest  11/9/2009  Reuters, WSJ, NYTimes, FT, Bloomberg
Media Digest 11/9/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
247wallst.com — Reuters: Hurricane Ida is heading toward Gulf oil fields. Reuters: Kraft (NYSE:KFT) will make its bid for... Cadbury. Reuters: GE (NYSE:GE) and Comcast (NASDAQ:CMCSA) have agreed to a NBCU valuation. Reuters: The IMF is considering an insurance ... (more) Media Digest 11/9/2009 Reuters, WSJ, NYTimes, FT, ...
Media Digest  11/13/2009  Reuters, WSJ, NYTimes, FT, Bloomberg
Media Digest 11/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
247wallst.com — Reuters: China’s economy may be hurt as its stimulus ends. Reuters: Warren Buffett says the financial panic... is over. Reuters: Former bankers are considering buying failed banks. Reuters: The SEC is expected to proceed with the Bear ... (more) Media Digest 11/13/2009 Reuters, WSJ, NYTimes, FT, ...
Media Digest  11/16/2009  Reuters, WSJ, NYTimes, FT, Bloomberg
Media Digest 11/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
247wallst.com — Reuters: The Ohio Attorney General is suing a number of Wall St. firms. Reuters: GM will start... to repay part of its debt to the US. Reuters: Citigroup (NYSE:C) will sell Bellsystem to Bain. Reuters: Japan’s GDP numbers were ... (more) Media Digest 11/16/2009 Reuters, WSJ, NYTimes, FT, ...
Media Digest 11/20/2009  Reuters, WSJ, NYTimes, FT, Bloomberg
Media Digest 11/20/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
247wallst.com — Reuters: The Senate is near its first vote on healthcare. Reuters: Dell (NASDAQ:DELL) is betting on corporate... spending for its recovery. Reuters: Time Warner’s (NYSE:TWX) AOL showed that the worst is not over for media job cuts. Reuters:  ... (more) Media Digest 11/20/2009 Reuters, WSJ, NYTimes, FT, ...