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"...you need money to buy things; you earn money by working; you may have to wait to buy things you want; and there is a difference between things you want and things that you need..." Time Magazine, Nov 30, 2015 Article - Your kid's financial education should start much earlier than you think - By Dan Kedlec
Knock...Knock...Who is there? FedEx...FedEx who? FedEx will be there tomorrow!
What is the worst kind of cat? CAT-astro-phe !
What do you get when you cross snowman with vampire Frost-Bite.
What kind of Bill can you breath? Billionaire.
Why did Dino go to the hospital?
Because he was (Dino) "Saur".
How do you make eleven even?
Take away the "el."
How do you make seven even?
Take away the "s"
Why did the chicken cross the railroad track?
Because it wanted to get to the Chick train.
What is a duck on the 4th of July?
Knock, Knock...Who is there?Banana...Banana who? Banana...Banana who?Banana...Banana who? OR-ange...Aren't you glad I didn't say banana?
Are you 5?
No! I am not 5! I am 4.95 plus shipping and handling!
Knock knock...Who is there? Panther!Panther, who? PantH-or-no-PantH I am going Thwiming!
Laughs above are credited to kids and various sources.
Business fun facts!
Do you know the ancestry of American people?It is a melting pot of immigrants from all over the world.This trend continues even today.These immigrants make America what it is today and are an big part in the success of businesses today.
There are over 320 million Americans today.Ancestry of Americans include: 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 various countries.
About US housing:
At the end of 2014 approximately 64% of Americans owned a home. This shows a trend of millennials who are less likely to pursue home ownership.
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.
Since 2008, over 8 million jobs have been added to the job market! This has allowed many Americans to get back on track and recover from the recession.
The DOW close up 48 points to 19,170
The DOW closed up 48 points or 0.25%, the S&P500 was down 18 points or 0.83%, and NASDAQ was down 132 points or 2.45% for the week ending December 2nd. The oil moved up $5.62 or whopping 12.2% to $51.68 per barrel.
TheOrganization of the Petroleum Exporting Countries (OPEC)on Wednesday decided to cut oil production by 1.2 million barrels per day or about 4.5% to 32.5 billion barrels per day. This decision will help to shore up the oil prices which have been low since the first quarter of 2015! The low oil prices has helped consumers, airlines industry, and retail sector.
OPEC is a major organization which has two thirds of the world’s oil reserves and accounts for over 40% of the world’s oil production. OPEC is made up of 13 countries, Algeria, Angola, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, Venezuela, and Ecuador(rejoined OPEC in November 2007).Since 1965, the OPEC main office has been based in Vienna, Austria. Today, the world consumes about 85 million barrels a day. US alone consumes up to over 20 million barrels per day, or one fourth (25%) of the world oil consumption.
The continued rise in the US dollar against the world currencies is making the oil import more expensive for weaker currency countries. What is stronger or weaker currency?Volume 20. What does the dollar rise or slide mean?Volume 32.
Year to date, the DOW is now up 10.0%, S&P500 is up 7.2%, and NASDAQ is up 5.0%.
US adds 178K jobs in November. Unemployment rate drops to 4.6%; Consecutive 74th month of job creation!
The U.S. Labor Department reported that in November 178,000 jobs were added. The unemployment rate dropped to 4.6%. The average for 2016 is now about 180K jobs per month and so far added close to 2 million jobs!In 2015, 2.65 million jobs oron average over 220K jobs per monthwere added by the U.S. economy.
Source:New York Times
The annual increase in wages in November was at healthy 2.5%.Typically when the demand for workers increase, wages rise. In 2015 US witnessed that supply of available workers started to dwindle which in turn made employers to pay more to attract the right workers. This trend in 2016 has continued which is a good sign for the economy and workers!
Also readVolume 177how Supply and Demand changes effect price?It applies to the Labor demand and supply as well. .