LA Business Daily

Discretionary Income News

  • Louisville Metro Council to review $2,800 grant to Dismas Charities for lawnmower Saturday, September 4, 2010 @ 5:05AMA Louisville Metro Councilwoman is calling for a review of a $2,800 council grant to Dismas Charities Inc. for a lawnmower to cut the grass in abandoned cemeteries, after learning that the charity had paid $137,000 annually for luxury suites at University of Louisville football and basketball games.
  • Spending from $70,000 school funds questioned Saturday, September 4, 2010 @ 4:07AMAs part of a reorganization of San Diego’s school district this school year, nine new area superintendents were given access to $700,000 to spend on emergencies, teacher development, supplies and “general operating expenditures.”
  • Biz Buzz: Paso’s Hometown Nursery uprooting Friday, September 3, 2010 @ 10:59PMHometown Nursery, a Paso Robles retailer since 1976, is closing its doors after 34 years. Twelve e
  • Midtown Restaurants Suffer During Rough Economy Friday, September 3, 2010 @ 10:30PMThere are so many different restaurants to try in Midtown Sacramento, but it seems as though people are spending less right now. As the economy keeps declining, people are cutting back on their discretionary spending. .
  • Corn dogs ... and taxes Friday, September 3, 2010 @ 10:08PMMinnesota's candidates for governor engaged in a heated debate over taxes and the deficit-plagued state budget before a wind-chilled but rowdy crowd Friday at the Minnesota State Fair.
  • Rail updates given, new study planned Friday, September 3, 2010 @ 9:48PMLong-awaited repairs to some areas of at least one local rail line are expected to begin soon, David Meuser, Oklahoma Department of Transportation spokesperson, said. “The paperwork has been completed for the line from Oklahoma City to Shawnee and we expect work to begin sometime this month,” he said.
  • Wausau Tourism Increased This Summer Friday, September 3, 2010 @ 3:54PMThe Central Wisconsin Convention and Visitors Bureau reports an increase in tourism this summer compared with last year.
  • Lost Your Job? Try Not to Take it out on Your 401(k) Friday, September 3, 2010 @ 3:43PMFinancial expert discusses the pitfalls of tapping retirement accounts ahead of retirement, even in the tightest of financial times.
  • PC sales to grow more slowly, IDC concurs Friday, September 3, 2010 @ 2:26PMIDC analysts say consumer purchases of PCs will slow in the second half of the year, but that strong commercial sales will help offset some of the weakness.
  • HUFFPOST HILL - SEPTEMBER 3RD, 2010 Friday, September 3, 2010 @ 2:17PMWhat's Your Reaction? We were worried that this morning's job report was the harbinger of an uncharacteristically staid recess Friday.
  • Kiwi Anyone? iShares Brings First New Zealand ETF to Market Thursday, September 2, 2010 @ 1:03PMETF Database submits: With equity markets declining in much of the developed world, many investors have put a greater focus on stable commodity-producing economies that seem to have weathered the recent downturn better than most. Countries such as Australia and Canada come to mind as markets that have been able to grow thanks to vast natural resources for which there is huge demand from rising ...
  • Business PC Buying Expected to Partially Offset Slower Consumer Sales in the Second Half of 2010, According to IDC Thursday, September 2, 2010 @ 11:29AMFRAMINGHAM, Mass.--(BUSINESS WIRE)--Despite posting impressive year-on-year growth of 20.9% during the second quarter of 2010 (2Q10), the global PC market began to reflect a more cautious outlook compared to earlier in the year. In the U.S., the consumer rally that has been crucial to the PC market recovery slowed, finally succumbing to a persistently bleak employment outlook. Slower second half ...
  • Business PC Buying Expected to Partially Offset Slower Consumer Sales in the Second Half of 2010, According to IDC Thursday, September 2, 2010 @ 11:23AMFRAMINGHAM, Mass.----Despite posting impressive year-on-year growth of 20.9% during the second quarter of 2010 , the global PC market began to reflect a more cautious outlook compared to earlier in the year.
  • 12 West Valley stores are big-time lottery ticket-sellers Thursday, September 2, 2010 @ 11:15AMCombined, 12 retailers nabbed nearly $11.5 million of the $551 million in statewide lottery ticket sales.
  • How Are You Investing For the Future? Thursday, September 2, 2010 @ 8:50AMA guide to maximizing your investments for the long-term.
  • TSX gets lift from bank stocks Thursday, September 2, 2010 @ 8:46AMThe Toronto stock market was higher Thursday with lift coming from bank stocks even as TD Bank delivered quarterly earnings that narrowly missed expectations.
  • Great life experiences a better investment Monday, August 30, 2010 @ 10:58AMWant to get more bang for your discretionary bucks? Then spend on experiences rather than things. Buy a new entertainment system and the newness soon wears off.
  • Buy and Sell: Equitable on equities Monday, August 30, 2010 @ 10:25AMWith Canadian equities having outperformed both U.S. markets as well as Europe, Australasia and the Far East, stocks look fairly valued at current levels, according to Susan Lavigne
  • Could Cash on the Sidelines Propel Stocks? Monday, August 30, 2010 @ 9:48AMA glass half full type of an attitude is beneficial. A blindly bullish approach to investing on the other hand can be financial suicide. Wall Street keeps preaching the same set of flawed, bullish arguments.
  • Where to Find Shelter if Deflation Takes Hold Monday, August 30, 2010 @ 9:48AMAmid growing worries about deflation, some analysts recommend investors buy bonds. But interest rates on all kinds of bonds are at such skimpy levels that fixed income may not be the place to be.
  • Advice for Parents as Their Kids Head Back to School Monday, August 30, 2010 @ 9:43AMNow is a great time to teach your children lessons about managing money. Here's how.
  • Berlusconi's 'subsidised staycation' scheme aims to help hard-pressed Italian families Monday, August 30, 2010 @ 9:19AMItalian PM Silvio Berlusconi is so keen for Italians to holiday close to home that he has instigated a voucher scheme to subsidise Italian holidays for Italians.
  • ETF Data Daily: $1.62 Billion Into SPY Monday, August 30, 2010 @ 8:00AMEquities benefited as market selling took a breather on Friday.Investors plowed $1.62 billion in the SPDR S&P 500 ETF on Friday as stocks bounced back from seven-week lows on ne...
  • Wealth check: I want a comfortable life during retirement Saturday, August 28, 2010 @ 4:12PMThe patient As more people face a cash-strapped retirement, Christina Gibbs, 54, is keen to ensure she doesn't fall into the same predicament when she leaves paid employment.
  • ANP, economists oppose proposed imposition of flood surcharge Saturday, August 28, 2010 @ 3:38PMISLAMABAD (August 29 2010): The government is facing resistance from its coalition partner Awami National Party on the proposal of flood surcharge. Awami National Party is opposed to the idea of imposing flood surcharge.
  • Tightened credit rules threaten to spawn 'loan refugees' Saturday, August 28, 2010 @ 2:15PMJapan may be in the midst of a silent epidemic of kinketsu-byo ("lack of money disease"). The source of the infection is a new statute that bans many borrowers from obtaining unsecured loans. While the full repercussions of the revised Money Lending Business Law (MLBL), which was passed in 2006 but went into force on June 18, are still unclear, the law's impact appears likely to affect ...
  • Buellton OKs water, sewer rates Saturday, August 28, 2010 @ 12:08AMBuellton property owners will be presented with the lower of tworate-increase options for water and sewer service after theBuellton City Council voted to raise monthly rates gradually untilthey are $13 higher by 2013.
  • "Just Getting By:" Consumer Staples ETFs Friday, August 27, 2010 @ 9:30PMWhen people are 'just getting by,' consumer staples ETFs make attractive investments.
  • Bill is likely to retain broad contours of current I-T Act Friday, August 27, 2010 @ 4:00PMThe Cabinet on Thursday approved the draft of the New Direct Tax Code Bill. The DTC was introduced as a strategic initiative of the government aimed at providing simplicity, reduction of exemptions with moderate tax rates.
  • In the 'Green' Economy, the Poor Pay More Friday, August 27, 2010 @ 12:55PMCap-and-trade legislation has died, with little hope of resurrection for a long time to come. What the representatives of the people cannot accomplish, however, the Environmental Protection Agency can.
  • Reach Older Users on Facebook and Twitter Friday, August 27, 2010 @ 12:53PMA new study from the Pew Internet and American Life Project shows that social networking is maturing--or at least its audience is. As Baby Boomers flock to Facebook and other social networking sites, it shifts the marketing demographics and makes social networking an even more critical forum for engaging consumers.
  • Zacks Analyst Blog Highlights: The Hain Celestial Group, Monster Worldwide, Yahoo!, Tiffany & Company and Diageo Plc. Friday, August 27, 2010 @ 4:35AMZacks Analyst Blog Highlights: The Hain Celestial Group, Monster Worldwide, Yahoo!, Tiffany & Company and Diageo Plc.
  • More cuts loom after Oregon budget forecast Friday, August 27, 2010 @ 4:34AMAcross-the-board spending cuts will be coupled with previously announced federal aid — and some state reserves — to eliminate a newly projected shortfall of $377.5 million in state tax collections announced Thursday.
  • While Optimism for the Overall Economy has Declined, Survey Indicates a Slight Rise in Consumers' Intentions to Spend Friday, August 27, 2010 @ 12:10AMEmpathica Consumer Insights survey reveals that while Americans feel less confident about the economy than they did in the First Quarter of 2010, more are reporting an increase in spending.
  • GOLD ANALYSIS Thursday, August 26, 2010 @ 11:01PMWhy hasn't gold hit $2,000/oz? Doug Silver blames U.S. dollar If gold really is supposed to shine during tough economic times, former International Royalty Corp. founder Doug Silver wonders why gold prices haven't soared much higher by now.
  • Bellevue Fashion Week hopes to spark sales on fall clothing Thursday, August 26, 2010 @ 7:16PMFashion Week takes place amid mounting fears of a double-dip recession. But Anne Vincent, director of special events and merchandising at Vogue, said she thinks many women are eager to splurge on themselves again, even if only a little.
  • This is a WebMemo On Federal Budget Thursday, August 26, 2010 @ 4:08PMIn the final hours of 2007, Congress rushed to pass a budget bill that has been pending for three months. It rolled 11 appropriations bills plus supplemental war funds into one bill, creating a massive vehicle loaded with pork, gimmicks, excessive spending, and bad policy.
  • Doing Health Care Reform Right: The Empowering Patients First Act Thursday, August 26, 2010 @ 4:06PMCongress is in the final phase of debating one of the most consequential issues before the nation: reform of the health care system. Congressional decisions on health care will directly affect the lives of 300 million Americans.
  • This is a WebMemo On Health Care Thursday, August 26, 2010 @ 4:05PMBoth the pending House health care bill and Senate HELP Committee bill include provisions that would, if enacted, result in sweeping, complex, and highly discretionary new federal regulation of health insurance.
  • Thinking about a vacation home? Thursday, August 26, 2010 @ 1:54PMAs we move into the heart of summer, many North Bay residents are planning their annual vacation trips to the lake, the mountains, the coast or perhaps tropical locales like Hawaii or Mexico. Relaxing in such a beautiful setting often makes travelers think about owning their own vacation home so the holiday never has to end.
  • At What Cost? Thursday, August 26, 2010 @ 9:38AMIn what contested issues of the 2010 election season, is likely to be one of the most hotly Amendments 60 and 61, along with Proposition 101, have both sides of the issue warning of devastating financial implications for the state if their side loses.
  • 5-Star Stocks Poised to Pop: Becton Dickinson Thursday, August 26, 2010 @ 8:31AMMarket-trouncing returns could be written in these five stars.
  • Van Eck Challenges Emerging Global Advisors for India Small-Cap Dominance Thursday, August 26, 2010 @ 6:29AMRon Rowland submits: Yesterday (8/25/10), Van Eck launched Market Vectors India Small-Cap Index ETF , the second ETF to target India Small-Caps in as many months. Foreign single-country small cap funds are a relatively new growth area for the ETF industry. This marks the first time ETF investors will have a choice in this segment. The Van Eck press release says Indian small-cap stocks are ...
  • New analysis of student loan repayment rates Thursday, August 26, 2010 @ 5:35AMA large percentage of borrowers who left college in the past four years made no principal payments on their federally guaranteed student loans in 2009, according to the Department of Education. This is the first time the department has calculated and... Student loan - Loan - Education Department - United States Department of Education - College
  • Hain Celestial: Q4 Results Thursday, August 26, 2010 @ 2:10AMDie untenstehende Meldung ist eine Original-Meldung des Unternehmens. Sie ist nicht von der ECOreporter.de-Redaktion bearbeitet. Die presserechtliche Verantwortlichkeit liegt bei dem meldenden Unternehmen.
  • Just One ETF: Indian Small Caps, to Tap Fast-Growing Consumer Base Thursday, August 26, 2010 @ 12:30AMMichael Johnston submits: Several times a week, Seeking Alpha's Jason Aycock asks money managers about their single highest-conviction position - what they would own (or short) if they could choose just one stock or ETF. Michael Johnston is co-founder and senior analyst at ETF Database , the online guide for ETF investors to obtain high returns through long-term investing. Which single asset ...
  • In London's east side, OxyContin is king Wednesday, August 25, 2010 @ 8:47PMFighting prescription drug addiction in Ontario is an uphill battle with a public health system that inadvertently creates new addicts
  • How provincial policies are playing out on the ground Wednesday, August 25, 2010 @ 7:57PMNo description available
  • ETF Watch: Every New ETF In Registration Monday, August 23, 2010 @ 3:21PMClaymore relaunches micro-cap ETF and shuts other funds; U.S.
  • Butler: Big problems come with real simple solutions Monday, August 23, 2010 @ 3:17PMMost of today's problems have relatively simple solutions.\The deficit? No problem. Raise the highest marginal tax bracket from 35 percent back up to 40 percent and collect $700 billion over the next 10 years.