U.S. Producer Prices Fall More Than Expected In June
Written by Jessica Clark on July 14, 2011 – 5:17 am– With energy prices showing a sharp drop in the month of June, the Labor Department released a report on Thursday showing a bigger than expected drop in producer prices for the month. At the same time, core prices rose by more than economists had anticipated.
The Labor Department said its producer price index fell by 0.4 percent in June following a 0.2 percent increase in May, while economists had been expecting the index to slip by 0.3 percent.
Meanwhile, the core producer price index, which excludes food and energy prices, rose by 0.3 percent in June after climbing by 0.2 percent in the previous month. Core prices had been expected to edge up by 0.2 percent.
Tags: June, Producer Prices
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‘We’re sorry’ for hacking: Murdoch
Written by Jessica Clark on July 14, 2011 – 4:42 amIn full-page adverts, Murdoch pledged “concrete steps” to resolve the issue in a bid to regain the initiative after losing Les Hinton, head of Dow Jones, publisher of the Wall Street Journal, and Rebekah Brooks, head of News Corp.’s British newspaper arm, on Friday.
But some questioned if the apologies and resignations would allay public and political anger over allegations the Murdoch-owned News of the World newspaper hacked thousands of phones, including that of a murdered 13-year-old girl.
The scandal forced Murdoch to close the best-selling Sunday paper, and drop a US$12 billion plan to buy full control of highly profitable pay-TV operator BSkyB.
“The News of World was in the business of holding others to account. It fa
Tags: Murdoch
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Escape From the Big City With Ramona, CA Ranch Properties
Written by Jessica Clark on July 13, 2011 – 7:25 amIf your dream is for quiet country living away from the hustle and bustle of the large city, then consider Ramona ranches for sale. Whether you need large amounts of pasture land for livestock and horses, or just some acres for serene peaceful living, you will find it in Ramona, CA. Land with beautiful homes ready to move in are widely available, as well as the option to build your own dream home. The surrounding area offers magnificent breathtaking views of rolling hills and mountains. Ramona offers residents retail shopping, restaurants, great schools, and recreation. Many verdant well-maintained golf courses are located around the area to provide avid golfers hours of tee time.
Tags: Ca Ranch, Ranch
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Which Home in This Video is Overbuilt for the Neighborhood?
Written by Jessica Clark on July 12, 2011 – 9:52 pmA local appraiser friend of mine from Sacramento shot the following video when doing an appraisal recently.
Can you spot the home that is overbuilt for the neighborhood?
Tags: Overbuilt, Overbuilt Neighborhood
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What the Voice of SpongeBob Has Absorbed About Money
Written by Jessica Clark on July 12, 2011 – 4:54 pm
As the voice of SpongeBob SquarePants, Tom Kenny has his own take on the money IQ of TV’s premier prattling poriferan. “He works 97 hours a week; he gets paid for 40,” Kenny told The Price of Fame. “I don’t know whether he’s the best person to ask for financial advice.”
Kenny, 49, is moonlighting as Rabbit on the Disney (DIS) big-screen reboot of Winnie the Pooh, opening Friday. It’s not just another gig. It never is, he said. “I get excited just being employed making funny voices into a microphone and paying my rent. Full Article…
Tags: Money
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