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| Contributions are welcome for this website - please click above. |
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| Little Laughs! |
What is the worst kind of cat?
CAT-astro-phe ! |
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What do you get when you cross snowman with vampire
Frost-Bite. |
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What kind of air can you breath?
Billionaire. |
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Why did Dino go to the hospital?
Because he was (Dino) "Saur". |
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How do you make eleven even?
Take away the "el." |
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How do you make seven even?
Take away the "s"
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Why did the chicken cross the railroad track?
Because it wanted to get to the Chick train.
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What is a duck on the 4th of July?
A Fire-Quacker!!
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Knock, Knock...Who is there?Banana...Banana who? Banana...Banana who?Banana...Banana who? Apple...Aren't you glad I didn't say banana?
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Are you 5?
No! I am not 5! I am 4.95 plus shipping and handling!
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Knock knock...Who is there? Panther!Panther, who? PantH-or-no-PantH I am going Thwiming!
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| Laughs above are credited to kids and various sources. |
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Business fun facts!
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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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About US housing
At the end of 2008 approximately 7 out of 10 people in the US owned a home. The US population is over 300 million.
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In 2008, $3.3 Trillion was the total loss in value for the US housing market. In early 2006 housing market value was close to $9.4 Trillion.
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| Not so fun fact…there are over 15 million home owners with questionable mortgage loans. Experts believe that 2/3 or over 10 million have potential of foreclosure...but this number is going down |
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The DOW is up 131 points
The DOW was up 131 points or 0.80%, the S&P500 was up 20 points or 1.10%, and NASDAQ was up 75 points or 1.76%,for the week ending Mar 7th. Also, oil closed up $0.14 to $102.69 per barrel.
Investors seem to ignore the turmoil in Ukraine-- where it's new government is trying to address the takeover of its state, called Crimea, by gunmen. It is feared that these gunmen are Russian military forces which will cause US and Russia into a conflict.
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The U.S. economy adds 175,000 jobs in February. It is more than most expected and despite bad winter
The total number of jobs added in 2013 = 2.4 million! or an average of 200K per month
HOW WAS IT in 2008? AND SINCE 2008 TO FEB-2014?
Source: CNNMoney
The U.S. Labor Department reported that in January 175,000 jobs were added. The unemployment rate increased from 6.6% to 6.7% but still the lowest level since November 2008. In 2013, 2.4 million jobs were added.
More Americans are dropping out of the labor force. Currently 62.8% of Americans are in the labor force, which is the lowest rate since 1978.
US population = Approx 315M
Kids (not working age) = Approx 60M
Total people available to work = Approx 255M (315-60)
62.8% of the total available people (255M) are in the Labor Force numbers = Approx 161M and the rest about 94M Americans do not work and are not counted in the Labor Force numbers.
Non-working Americans include retired, stay home with kids, disabled, Senior High, College students AND those trying to find a job but have given up.
About 11 million people are still unemployed. During the last recession, due to a bad banking loan crisis, close to 8.7 million jobs were lost, and so far over 7.5 million jobs or over 85% have been recovered.
To return to the pre-2008 unemployment levels, the economy needs to add about two million more jobs! Typically 300,000 new jobs a month are needed to drop the unemployment rate, and 150,000 jobs to just keep up with the population growth.
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Currency devaluation concern - What is it?
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Currency devaluation (or when it takes more local currency to buy US $) of Argentina, India, Russia, and Turkey remains a concern for the investors. Why? Because to stabilize their currency the affected countries like Argentina, India, Russia, and Turkey will need to raise the interest rates. Argentina, India, and Turkey have accordingly acted by raising their bank interest rates (Click Volume 22 for bank and fed rates of US)
It is not so easy though -- Why? Raising the interest rates has down side effect especially when economic growth is badly needed. When interest rates rise it becomes more expensive to take loans, buy mortgages, or invests in businesses. Lower loans, mortgages, and investment means lesser growth and jobs. Interest rate increase is also needed when economy is growing too fast and inflation is a concern.
- What does the interest rate cut mean for you? What is APR? Volume 23.
What is Fed Funds rate and Discount rate? Volume 22
When US dollar becomes stronger or other currencies devalue it makes import of US Goods and Services more expensive. Which in turn can slow down the global sales of US companies...reduce profits...less jobs, etc and which in turn hurts US economy.
For example, McDonald's which is a global company and it sells burgers in Turkey. Say if one burger was 5 Turkish Lira but now it takes 10 Turkish Lira to buy the same burger then chances are that fewer than before would be able to afford burgers at this higher price and in turn hurt McDonald's sales in Turkey.
- 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.
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Which country is in heavy debt...see the debt as % of GDP by countries? Volume 358.
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..
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How did your stocks do in 2013?
Were you better than most Wall Street Experts and S&P500 since 2007?
Click below
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Thank you for your feedback and comments! contact@businessnewsforkids.com
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| ____________________________________________________________ |
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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.
What is Supply and Demand? Volume 177.
What is Q.E. - Quantitative Easing? Volume 343.
Who is working and who is not? Volume 354.
Do you remember September 2008 (after 5-Yrs) and what is the status of government loans (TARP) Volume 355.
Which country is in heavy debt...see the debt as % of GDP by countries? Volume 358.
What is US debt ceiling, which president helped to create this debt, who do we owe this money? Volume 360.
What is "Taper" or "Fed Tapering of Q.E." means? Volume 369.
What was your stock pick performance in 2013, 2012...2007? Volume 374.
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| We use multiple information resources, such as, news websites, company websites, stock exchanges, newspapers, text books, and other educational resources. |
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Feb 18-21, 2014
Weekly Stock Market
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Markets Up or Down?
Random Walk of stocks?
Buy Low? or Sell High?
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Index
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Change
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Last
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DOW
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Up 131
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16,453
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S&P500
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Up 20
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1,878 |
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NASDAQ
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Up 75
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4,336
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Foreign Exchange Rate
$1 is equal to
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Currency
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Change
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Last
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Euro (€)
European Union
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0.00
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0.72
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Yen (¥)
Japan
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-1.50
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103.29
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Pound (£)
United Kingdom
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0.00
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0.60
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Yuan ( )
China
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0.02
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6.13
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Rupee (Rs.)
India
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0.74
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61.09
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Canadian (C$)
Canada
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-0.01
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1.11
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Your Favorite Stocks
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Company
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Bought one stock in Jan-14
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This week stock is?
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Your gain or loss?
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$76.40
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$82.21 |
$6.17
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.jpg "Kellogg (Ticker is K) has over $11 billion in sales. It is know for ready-to-eat cereal and convenience foods.")
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$60.96
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$61.60 |
$0.64 |
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$96.81
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$95.50 |
-$1.31 |
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Shared Links
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Learn what is Foreign Exchange, How is it traded, and how FXCM helps to facilitate Forex trading.
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The Tech Museum of Innovation
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Teaching Kids Entrepreneurship
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