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Business fun facts!
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Florida (FL) is one of the largest orange producing state. Due to deep freeze in FL, orange crops were impacted. What should happen to the OJ prices?
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56 million kids returned back to school.
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Over $18 Trillion a year is spend on Consumer Goods worldwide. Women account for almost two third of it. Just think about this women power!
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Did you know the ancestry of American people? It is a melting pot of immigrants from all over the world. This trend continues today. These immigrants make the America great, including best in business.
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There are over 300 million Americans. Ancestry of Americans include approximately Germans over 14%, African American 12%, Irish 12%, English 8%, Mexican 8%, Italian 6%, Hispanic 5%, French 4%, Polish Scottish, Dutch, Norwegian, Scotch-Irish, Native American, and Swedish are between 1-3% but add up to 11%. The rest are from other countries.
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Put it in perspective-
US GDP is close to $14 trillion; US national debt is over 11 trillion; DOW market value decline is close to $8 trillion; China GDP is over $3 trillion; Wealth of Forbes’ 400 richest people is over $1.5 trillion.
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If you spend a dollar to buy goods or services, 70 cents of the dollar directly goes to boost the economy.
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Market slide continues
The DOW closed down 57 points, or 0.6%, the S&P500 was down 8 points, or 0.7%, and NASDAQ down 15 points, or 0.7%, for the week ending February 5th. Oil closed down $1.7 to 71.19 per barrel this week.
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A fun way to start a Lemonade Stand and Learn about Business too! Volume 126.
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Please keep your feedback and comments coming. THANKS! contact@businessnewsforkids.com
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... Throughout our news page we have created links in red color which provide you with additional information ...you will see two types of link...One when clicked takes you to a new page for more information...Other are pop-ups, and if you bring your cursor over red link words additional information will pop-up...
For example, just move your cursor on to Starbucks (Ticker SBUX) and you should see the following text pop-up-
"Starbucks Corporation (Ticker SBUX) has sales of over $10 billion. It sells whole bean coffees, brewed coffees, cold blended beverages, various complementary food items, coffee-related accessories and equipment, a selection of premium teas, and a line of compact discs, through its retail stores worldwide. As of September 30, 2007, the company operated 8,505 retail stores. Starbucks Corporation was founded in 1985 and is based in Seattle, Washington."
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Learn more about...
What is Credit History? Why is it important to have a good credit history? Volume 12.
What is Economy, Business, Workers, Goods, Services, Stock, DOW, S&P500, and NASDAQ in Volume 16.
Does it pay to study hard? Volume 17.
What is Currency and Foreign Currency Exchange rate? Volume 14. What is stronger or weaker currency? Volume 20. What does the dollar slide mean? Volume 32.
How does money grow in a bank? Volume 21.
What is Fed Funds rate and Discount rate? Volume 22
What does the interest rate cut mean for you? What is APR? Volume 23.
How to read stock information? Volume 25.
What is "Black Monday"...Crash of 87"? Volume 31.
Who are CEO, CFO, Shareholders, and the Board of Directors? What is SOX? Volume 33
What does "$4.95 + Tax" means? Volume 47.
What is a Recession? What is a Depression? Volume 48.
What is Mergers & Acquisition (M&A)? What is a Merger? Volume 49.
What is ADR? Volume 62.
What does buying back of shares means? Volume 63.
Why is consumer confidence so important? Volume 64.
A fun way to start a Lemonade Stand and Learn about Business too! Volume 126.
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Feb 1-5, 2010
Weekly Stock Market
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Markets Down!
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Index
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Change
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Last
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DOW
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Down 57
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10,012
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S&P500
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Down 8
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1,066
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NASDAQ
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Down 15
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2,141
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