BusinessNewsForKidsTM.com

“Today Shapes Tomorrow

Published Every Monday Volume 271 January 30, 2012
Home
About Us
Subscribe Free!
Archives
Terms and Conditions
Contact
Print
Enter Keyword to search

Contributions are welcome for this website - please click above.
 

Business fun facts!

 

Close to 60 million kids to attend US K-12 grades. Over 20 million will attend US colleges and universities.

The current world population is estimated to be 7 billion.

China has the highest population in the world with close to 1.3 billion people.

The second highest is India with close to 1.2 billon people.

China and India make up for over 36% of the world population or approximately 36 out of every 100 people on earth are from China and India.

The US population is close to 315 million. So for every American there are almost 8 Chinese and Indians.

US has approx. 153 million people capable of working (work force).

How many children are in the US?

There are approximately 315 million people in the US; approximately 60 million are children between the ages 0 and 15 years. Or every 2 out of 10 people living in the US are children between the ages of 0 and 15 years.

How many of the 60 million children are boys and girls?
Approximately half and half are boys and girls.
 

The world GDP is close to $75 Trillion.

The US GDP is over $14 Trillion. The US is the largest economy in the world and contributes over 20% to the world economy.

 

US exports close to $1 trillion a year. US imports close to $1.6 trillion a year. That would create a trade imbalace of $0.6 trillion a year!

Top four export partners are Canada, Mexico, Japan, China.

Top four import partners are Canada, China, Mexico, and Japan.

European Union GDP is close to $15 Trillon.  China is $10 Trillion. Japan is over $4 Trillion. India is $4 Trillion. Germany is little less than $3 Trillion. Russia, United Kingdom, Brazil, and France are each about $2 Trillion.

The DOW down 60 points

The DOW closed down 60 points or 0.5%, the S&P500 up 1 point or 0.1%, and NASDAQ was up 30 points or 1.1%, week ending January 27th. Oil was up by $1.61 closing at $99.76 per barrel.

 

Quarterly financial results better-than-expected

.

This past week many companies reported their quarterly financial.   Overall most company sales were better-than-expected, ignoring the recession and seeing better demand of Goods and Services. .Better-than-expected results were reported by (move your curson on the red lined words to learn more about the company) -

3M (MMM)

Apple (Ticker APPL)

Boeing (BA),

Caterpillar (Ticker CAT)

DuPont (Ticker DD),

McDonald’s (Ticker MCD)

Procter and Gamble (Ticker PG),

Starbucks (Ticker SBUX),

Texas Instruments (Ticker TXN),

The two large companies, 

AT&T (Ticker T) and

Ford (Ticker F)

were among the companies that reported worse-than-expected earnings.

 

 

 

 
__________________________________________________________  

Please keep your feedback and comments coming. THANKS! contact@businessnewsforkids.com

 


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.

 

 

 

 

 

 

 

 

We use multiple information resources, such as, news websites, company websites, stock exchanges, newspapers, text books, and other educational resources.  

Jan 23-27, 2012

Weekly Stock Market

Markets Mixed!

Index

Change

Last

DOW

Down 60

12,660

S&P500

Up 1

1,316

NASDAQ

Up 30

2,817

 

Foreign Exchange Rate

$1 is equal to

Currency

Change

Last

Euro (€)

European Union

0.02

0.76

Yen (¥)

Japan

0.35

76.68

Pound (£)

United Kingdom

0.01

0.64

Yuan ()

China

0.01

6.32

Rupee (Rs.)

India

0.92

49.32

Canadian (C$)

Canada

0.01

1.01

Your Favorite Stocks

Company

Bought one stock in Jan-12

This week stock is?

Your gain or loss?

$38.31

$39.25

$0.94

$50.46

$49.73

-$0.73

$98.84

$98.69

-$0.15

Shared Links

Learn what is Foreign Exchange, How is it traded, and how FXCM helps to facilitate Forex trading.

The Tech Museum of Innovation

Teaching Kids Entrepreneurship