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“Today Shapes Tomorrow
Published Every Monday Since 2007       Volume 389
May 12, 2014
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 Little Laughs!
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 air 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?

A Fire-Quacker!!

___________

Knock, Knock…Who is there?Banana…Banana who?  Banana…Banana who?Banana…Banana who? Apple…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!

 

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!

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.

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.

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.

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.

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
 

The DOW is up 74 points

The DOW was up 74 points or 0.45%, the S&P500 was down a point or 0.05%, and the NASDAQ was also down 27 points or 0.67%, for this week ending May 9th.  Oil was up $0.04 to $100.03 per barrel.

Manufacturing and Service continues to expand

The U.S. Service and Manufacturing business expansion (growth) or contraction (decline) is tracked by the Institute for Supply Management (ISM). The ISM Manufacturing index for April was 54.9 up from 53.7 in March 2014. Since April 2011 the U.S manufacturing has been expanding. 

The ISM index number above 50 indicates that businesses are growing and a number below 50 indicates that businesses are contracting. So at 50, there is no growth or contraction. It is good news when businesses grow or expand because businesses hire more people to make more Goods and provide more Services. On the other hand, when businesses contract, it means fewer jobs and more layoffs, which is a bad sign for the economy. This is the 34th month is a row for manufacturing expansion. During the recent recession, the ISM was recorded at dismal 33.3 in December 2008.

Thank you for your feedback and comments! 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 the Currency and Foreign Currency Exchange rate? Volume 14. What is a 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 the CEO, CFO, Shareholders, and the Board of Directors? What is SOX? Volume 33

 

What does “$4.95 + Tax” mean? Volume 47

 

What is a Recession? What is a Depression? Volume 48.

 

What is Mergers & Acquisition (M&A)? What is a Merger? Volume 49.

 

ADR (American Depository Receipts)

What is ADR? Volume 62.

 

What does buying back of shares mean? Volume 63.

 

Why is consumer confidence so important? Volume 64.

 

A fun way to start a Lemonade Stand and Learn about Business too! Volume 142.

 

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 the US debt ceiling, which president helped to create this debt, whom do we owe this money to? Volume 360.

What is “Taper” or “Fed Tapering of Q.E.” mean? Volume 369.

What was your stock pick performance in 2013, 2012…2007? Volume 374.

Who is the new Federal Reserve Chair? Volume 382.

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

Apr 28 – May 2, 2014

Weekly Stock Market

Markets Up or DOwn?

Random Walk of stocks?

Buy Low? or Sell High?

 

Index Change Last
DOW Up 74
16,583
S&P500 Down 1
1,878
NASDAQ Down 27
4,072

Foreign Exchange Rate

$1 is equal to

Currency

Change

Last

Euro (€)

European Union

-0.01

0.73

Yen (¥)

Japan

0.38

101.83

Pound (£)

United Kingdom

0.00

0.59

Yuan ()

China

0.03

6.23

Rupee (Rs.)

India

0.20

59.98

Canadian (C$)

Canada

0.02

1.09

Your Favorite Stocks

Company

Bought one stock in Jan-14

This week stock is?

Your gain or loss?

$76.40 $81.95

$5.91

$60.96 $67.21 $6.25

$96.81 $102.93 $6.12

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