same job,less pay

Workers used to think that gett a 3% raise in the new year wasn't very much at all. But now employees should be happy if their salary doesn't drop. in the past 12 months 5% of businesses had to cut their pat to employees. Other ways for the businesses to save money besides cuttin pay is reducing work hours or benefits. The No. 1 concern for 69% of American workers is keeping their job, yet only 17% would be willing to take a pay cut to keep their job, according to Adecco USA Workplace Insights survey.

This doesn't suprise me very much. Since we are in a recession people are not speding money as much and businesses don't have a lot of money to pay their employees. But if the businesses don't make theses cuts they will go out of business

buying stocks on borrowed money

When purchasing stocks you don't always have to bet everything you have on them. There are other ways to buy stocks. A few ways to borrow and invest in the stock market are like taking out a loan, using home equity, buying on margin or purchasing a leveraged exchange traded fund. Doing things such as this to buy stocks means that you dont have to risk everything you own. This year the stock market has dropped a total of 40%. While it might be a good time to buy some stocks there is always a chance that it will contuine to drop. Sometimes that 40% loss cause turn into 80%.


When people take money that they dont't actually have to buy things with it causes problems and debt. If they make money of that stock they can easily pay it back but if it drops, you are loosing more money then you orignally invested. If that happens when people have taken out loans then they have to find a way to pay back the borrwed money and could go into debt.

i got this article from cnn.com

Disney

Walt Disney Co have been holding up this year in the stock market, and better then any of the their competors. But now Wall Street is saying the their stocks are becoming too expensive for how the economey is right now. Nathanson from wall street rates Disney shares "market-perform" with a price target of $22 -- 7% below the pr ice at the time his report was published. Disney stock rose 4.4% to $23.78 on the New York Stock Exchange Tuesday, in line with the broader market. It has traded within a 52-week range of $35.02 and $18.60.

With all the jobs being cut and people not having as much money to spend on wants they are cutting back. Sure parents would love to take there kids to Disney Land, but the truth is how many of them can afford it? And now that their stock prices are raising less people are aslo buying their stocks and there money is going down all around.

i got this article from http://uk.reuters.com

Google

Google latley has introduced a lot of new upgrades. Google made it easy to get into a PDF file. Usually to open a file it has to open in a new window and takes a very long time to load. Instead of having to open all that stuff and wait such a long time it allows you to hit the “View” link next to it. Just click this link and the PDF opens inside the browser. This makes it so you dont have to download all the files it will just open ins the same browser and you can decide if you want to save it or not.


With Google coming out with all these new upgrades people should be using it a lot more. Since everyone these days is into fast and easy accesible products

stocks dip after two day rally

Stocks dropped thursday after majior companies cut a lot of jobs. The stocks were up and down all morning, untill the finally just dropped. Will Hepburn said that the stocks are trying to stabalize and that the problem will be short term. In the two pervious sessions the stocks had gained despite the "weak economy."

Im not really sure that it will jump back up to what it once was. Since there are tons of jobs being cut people don't have money to purchase stocks. On the other had there are people who decided to buy when the ecomony is low because the stocks are cheaper and will eventually go back up.

Hiccups!!!!

A man in Louisville Kentucky will be celebrating a very usually anniversary at the end of November. Milton Betts has had the hiccupf for nearly a year now! He said that he has tried almost everything to get them to stop. Betts stated "I've lost about 35, 40 pounds." "I'm off of work right now because when I go to work, I lose my breath. I have had a couple episodes at work when they sent me home because I couldn't breathe." After the hiccups wouldnt go away after a couple days he decided to go to the doctors to see if he could get on any medication to fix the non-stop hiccups.

Yea pretty sure this is crazy! Sometimes i think the hiccups can be fun, but like after 10 minutes im ready for them to go away. I don't understand how the guy could cope with these for nearly a whole year. Its kinda good that he lost some weight, im sure he can't really complain about that.

i got my article from UPI.com

Chineese food industry

http://www.cnn.com/video/#/video/world/2008/11/11/yoon.china.fast.food.wars.cnn

McDonalds is a 66 billion dollar industry in china. the profits went up 25% from last year. A way that china connects to their coustmers is that they sell local foods. Sure their Mcdonalds will have a burger and such, but they will also have things that the chineese people would like to eat. In example they sell cups of corn. Even though China is very high in the fast food industry for having very high sale rates there are other chineese companies who want to sell their food in other countries. They plan to go public within just two years. Some of their resturants might even make their way to America.

It would be nice for other resturants to come into America. Mcdonals are everywhere and its kinda annoying. There are already Chineese resturants here but this one might be different. Also chineese food is very very yummy!