Fans are flocking to the stores now that the New York Giants are the NFC champions. Modells Sporting Goods, which has 90 stores in the New York metro area, is marketing itself as Giants Headquarters and has seen a huge surge in sales since the teams win last Sunday against the San Francisco 49ers. A [...]
Focus: Changes to bulky goods retailing in Victoria 27 January 2012 In brief: Recent amendments to Victorian Planning Schemes expand opportunities for those involved in the retailing of bulky goodsand create potential for greater retail competition. Special Counsel Meg Lee (view CV) and Lawyer Katherine Kirby report. Background What is a Restricted Retail Premises? What [...]
Despite the rise, this and other confidence measures remain in recession territory due to global sovereign debt fear, Congressional dysfunction, and high food and energy prices, said economist Mike Englund at Action Economics Consumers have also fallen back on car loans and credit cards to maintain their spending.Consumer borrowing jumped by $20.4 billion in November, [...]
WASHINGTON (AP) The number of people seeking unemployment benefits rose last week to a seasonally adjusted 377,000, after a nearly four-year low the previous week. The long-term trend is pointing to a healthier job market. And two other reports gave cause for some optimism: ? A gauge of future economic activity posted an increase for [...]
In this photo provided by StarPix, former New York Jets quarterback Joe Namath stands next to a poster bearing his image at the New York premiere of Namath, Wednesday, Jan. 25, 2012. (AP Photo/StarPix, Dave Allocca)
According to N Sethuram of Daiwa Asset Management, taking a calculated risk on the undervalued segments like capital goods, construction and infrastructure is a good bet.
Clip Reprints Print January 27, 2012 9:57 pm His not hers By Jim Shi
WASHINGTON — Businesses are growing more confident in the economy, investing in more equipment and laying off fewer workers. Government figures on manufacturing and unemployment claims released Thursday raised hopes on the eve of a report on how much the economy grew in the October-December quarter. Still, 2011 ended up as the worst year on [...]
Oil rose after the Federal Reserve announced it plans to keep US interest rates near a record low through 2014 and a report showed durable goods orders in the world’s biggest crude-consuming country increased. Futures advanced 0.3 percent as Fed Chairman Ben S. Bernanke said yesterday that policy makers are considering more bond purchases to [...]
The estimates of the nations economic performance last year, released Friday, highlight a striking trend: Exports have never been more important. Foreign buyers purchased more than $2 trillion in goods and services, the first time exports have topped that threshold. And those exports accounted for almost 14 percent of gross domestic product, the largest share [...]
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