Thursday, October 29, 2009

nintendo losing buyers and business

1.What is this item about?
This article is about how nintendo has been losing buyers and which means there losing money too. Nintendo is competing with the new iphone because people who love the handheld video games can download them onto the iphone.

2.Why did you choose it?
I chose this article because nintendo has been around for a long time and to see or hear that nintendo is losing money and buyers because of new technology is sad. But it shows that we have evolved and want to use more hi-tech technolgy instead of old school.

3.Do you agree with what's happening in the news item you chose? Why or why not?
yes I do, I mean I love nintendo and still have mine but I love the new technology better because its a lot easier.

4.Do you think the information has been presented fairly? Why or why not?
yes I do believe that this information was presented fairly. It shows me that percentage that has been lost from the new technolgy and how much they use to make before the new technology.

5.Would you use this news source again?
yes I would use this site again and I have.



http://www.forbes.com/2009/10/29/nintendo-profit-decline-markets-equity-iphone.html
http://money.cnn.com/2009/10/28/news/economy/credit_card_practices/index.htm?postversion=2009102816



1. What is this article about?
The Article is about the high rates and fees the Credit Card Companies are giving people and what Congree is doing to drop down the fees.

2. Why did you choose it -- what did you find interesting about it?
I choose the article because it talks about the big fees the Credit Card Companies are giving people. Congree is starting to stop it but Congree is thaking more time tomake better laws to target the fees. I found this article interesting because Congree is starting to help but is taking to long to stop the problem that many Americans are facing.

3. Do you agree with what's happening in the story? Why or why not?
Yes and No I agree with the article but they are taking to long. Both my parents are being killed with all the fees on their credit cards and are going crazy.

4. Do you think the information has been presented fairly? Why or why not?
Yes, the article presents the information in other you can understand and shows everyones side of the problem.

5. Would use this news source again? Why or why not?
Yes, I think CNN always gives great article about problems facing America.

Banks punish perfect customers

1. The item was about how the banks will be chargeing $29 and $99 dollars a year to all their customers that are good customers.

2. I choose it because i didnt think it was fair how you are a good customer but will be charged because the ban makes abosoulely no money off them.

3. I dont agree with whats going on with the news article because its not fair. If i was in that plac i would be mad.

4. It wasnt fair because a good customer should be rewareded not punished.

5. yes i would


http://articles.moneycentral.msn.com/Investing/top-stocks/blog.aspx?post=1340412&_blg=1,1340412

http://money.cnn.com/2009/10/28/real_estate/foreclosures_worst_cities/index.htm

1.What is this item about?
This article is about foreclosures easing is some of the hardest-hit city. Houses in busy cities and new cities are being foreclosures like Las Vegas, Cities of California, and Nevada they been top for awhile.

2.Why did you choose it?
Well i choose this article because more and more people losing their houses and it keeps spreading to other cities wondering if it will happen here in new york.

3.Do you agree with what's happening in the news item you chose? Why or why not?
I do not agree with this article because the world wealthy countries making foreclosures rates so high and people wont buy it.

4.Do you think the information has been presented fairly? Why or why not?
Yes because its showing how much percentage of cities having foreclosures.

5.Would use this news source again?
I would use this source again because cnn gives a good presentation and enough information for me to use.

sales impact on the arts

This artical is about an outrage over the proposedticket sales that the governor and some lawmakers believe willl fix the commonwealths budget woes. i chose this artical because roughly 150 people was angry about a proposed tax held on a protest in downtown philly. i dont agree with it because the tax on tickets will go up. yea the imformation was presented breefly and lengthly.
1.What is this item about?
The top 10 cities hit by foreclosure the most. Ctites like Las Vegas, California, and Nebraska have been on the top ten list for a while now.

2.Why did you choose it?
It is intersting to know and I also wanted to know if my city is on it.


3.Do you agree with what's happening in the news item you chose?Why or why not?NO.I think its rediculous that we have such a high foreclosure rate in one of the richest countries in the world.


4.Do you think the information has been presented fairly? Why or why not? Yes they gave a legitamate list with true facts.


5.Would use this news source again?
Yes

The Economy Growing

1.This article is about how the economy grew in the latest quarter as the consumers spent more and investment in home building bounced back to end the most worst recession in 70 yrs.

2. The reason I chose this article is because, it's intresting how the ecoomy is growing since the latest quarter and soon the recession will be over.

3. Yes!, because it's about time that this economy is growing, even though it's not growing that fast as we would like it to, but it's growing.

4. Yes!, because it's letting you know how the economy is growing and what is making the economy grow

5. Yes!, I would use it again, because it has very good articles


http://news.yahoo.com/s/nm/20091029/bs_nm/us_usa_economy_gdp

Cost to heat homes less than year ago

1.What is this item about? This article is about how this years prices to warm up your house will be cheaper than last years.


2.Why did you choose it? I have chosen this because its cold in the winter and you always want your house to be nice and warm so i chosen this to let people know that this years prices of natural gas and propane is cheaper than last year.


3.Do you agree with what's happening in the news item you chose?
Why or why not? Yes i agree beacuse it will be very hard for people with the economy its is today to pay for heat and food and the taxes and everything else.Its gunna help people not worry about paying for heat and worring about taxes and everything else.


4.Do you think the information has been presented fairly? Why or why not? yes i do it explains everything on the natural gas and oil.


5.Would you use this news source again?
yes i would it explained everything perfectly.

Federal deficit: Trail of broken promises

1.what is this item about?
this item is about trying to figure out what has caused the contries record accumulation of debt.

2.why did you choose it?
i choose this article because i thinks its important for everyone to now why our country has so much debt and the theories of the congress people.

3.do you agree with the item you choose? why or why not?
i agree with some of the things in this article because some of them make sence but others dont. for example, i think it would be a good idea to cut or lower reimbersments to doctors but on the other hand i dont agree with the quickie idea because you cant solve all this money probles within one year.

4.do you think the info was presented fairly? why or why not?
yes i think the info was presented fairly because they they gave theories that could fix it and they gave problems that will happen in the future if its not fixed.

5.would you use this news source again?
yes i would use this news source again because cnn money is very reliable with their news.

Burger King Losing Money

http://hosted2.ap.org/PANOR/02db2d7cf27349608ffb3d3ba8872aa0/Article_2009-10-29-US-Earns-Burger-King/id-peb4e17a7a627406cb0bfecd9476df375




1.What is this item about?
Burger King loses profits this year.

2.Why did you choose it?
I thought that we should know how our common restaurants are doing financially.

3.Do you agree with what's happening in the news item you chose? Why or why not?
No,I think that every fast food restaurant should be making good profits I believe that the diners should be feeling it due to the recession.

4.Do you think the information has been presented fairly? Why or why not?
Yes,they gave burger kings explanation to their loss and they didn't try to make Burger King look like a bad restaurant

5.Would you use this news source again?
Yes,I feel they were fair and gave good information.
1. What is this article about? Provide a brief summary.
snate is passing extension of tax creedit for people buying there first house

2. Why did you choose it -- what did you find interesting about it?
i found it intrresting because why put out more tax credit for first time home buyers why not evrybody just to make it harder to buy a new house

3. Do you agree with what's happening in the story? Why or why not?
no because why do firstime home buyers ehget 8,000 in tax credit while people that are rebuying homes only get 6,500 in tax credit

4. Do you think the information has been presented fairly? Why or why not?
it has been shown correctly because it shows how much first time home buyers get and what people rebuying homes get for tax credit

5. Would use this news source again? Why or why not?
yes because it shows what they are doing with tax credit and how much money they get

http://www.recordonline.com/apps/pbcs.dll/article?AID=/20091029/NEWS90/910299995/-1/NEWS
1. What is this article about? Provide a brief summary.
An $11 million air safety study that asks pilots to reveal mishaps and problems they encounter which was sponsered by NASA didn't see any useful insights about U.S. flight safety.

2. Why did you choose it -- what did you find interesting about it?
I thought it was interesting because something thats supposed to help people feel safe while flying doesn't really show much safety at all.Now it was a waste of time to plan this safety study and also a waste of money.

3. Do you agree with what's happening in the story? Why or why not?
I do agree with the story because $11 million that was used to create a saftey plan for pilots is now down the drain.

4. Do you think the information has been presented fairly? Why or why not?
I think the informaation was presented fairly because the project was on for four years and NASA finally saw that it didnt really show safety at all.

5. Would use this news source again? Why or why not
Yes because it stated true facts.
1. What is this article about? Provide a brief summary.
Oil fell below $78 and more than 2 percent. People worry about the demand in the world's largest fuel consumer after research showed a build in gasoline inventories and weak new home sales.

2. Why did you choose it -- what did you find interesting about it?
I chose it beacuse the price of oil is dropping adn more people started to buy it.
What I found interesting was how the gas stocks rose by 1.7 millions barrels.

3. Do you agree with what's happening in the story? Why or why not?
I do agree because oil should not be as expensive which could help recover the economy.

4. Do you think the information has been presented fairly? Why or why not?\
Yes. They explained everything that was going on and the chart showed the change of gas and oil prices dropping.

5. Would use this news source again? Why or why not?
Yes beacause it gave information that was true and it gets updated everyday.

10% jobless rate

1. What is this article about?
through the end of next year, the rate of unemployment in the U.S will stay at the same low, with some increase to 10%. Also, the economy will recover from its recession alot faster than the unemployment rate. Ms. Romer (the chairwoman of the White House Council of Economic Advisers) said that a survey of economic forecasters prepared by Blue Chip Economic Indicators, a research organization, forecast that unemployment would peak at 10.1 percent in the second quarter of 2010, up from 9.8 percent last month, and would be at 9.6 percent at the end of next year.



2. Why did you choose it -- what did you find interesting about it?
i have chose this information to blog about because it can effect my life. Next year i will be in college, and if i dont have the job i do now, i will be looking for a new one. If the unemployment rate is increasing, it will be hard for me to get a job. This article intrigues me because almost everyone is worried about this crisis.




3. Do you agree with what's happening in the story? Why or why not?
i think this article is a pretty accurate representation of the prediction of the economy



4. Do you think the information has been presented fairly? Why or why not?
somewhat, because it doesnt necessarily give the opinion of two sides, but i think everyone can agree with it.



5. Would use this news source again? Why or why not?
yes i would use this news source again. The New York Times is one of the most popular news resource in New York.

Thursday, October 22, 2009

Welcome back!

Dear bloggers, Nice job on your first round! I've read most of your posts, and you all did particularly well in assessing the information. (Those of you who still haven't published your posts, please make sure you do so I can comment on it.) Try and get more information in your summary, though -- part of the purpose of this blog is so other people can learn the news by reading your post.

In addition to 10 points per post, by the way, you'll also get 2 points for every comment you put on someone else's post. It has to be at least 1 complete sentence. ("I like this" doesn't count.)

Also, I heard on the radio the other day that the amount of economic news has dropped dramatically from a year ago since we no longer appear to be in a crisis and are instead slogging our way out of a recession (or at least trying to). As a result, I'm going to allow you to use articles up to a month old instead of a week old. Hopefully, this will make your task easier and still make you more informed on the state of the economy.

Don't forget the 5 questions, with slight changes:
1. What is this article about? Provide a brief summary.
2. Why did you choose it -- what did you find interesting about it?
3. Do you agree with what's happening in the story? Why or why not?
4. Do you think the information has been presented fairly? Why or why not?
5. Would use this news source again? Why or why not?

Friday, October 16, 2009

1.What is this item about? How congress was bailing out wallstreet when they were in the dumps using tax payers money. And they are making all this money.

2.Why did you choose it? Its just says how life is so unfair.

3.Do you agree with what's happening in the news item you chose?Why or why not? yes i do. He is saying wall street give back some of that money they are making .+

4.Do you think the information has been presented fairly? Why or why not? yes i do. Because if you give someone money when they dont have any and a couple of months later, you need money they should help you out.

5.Would use this news source again?yes i would.

http://www.thebigmoney.com/features/todays-business-press/2009/09/06/wall-street-s-latest-money-maker

US Recovering!!!

1.The US recovering slower than usually

2.Because, since this has never happened before, it seemed interesting to read

3.I agree, because even though the economy is recovering slower they are making sure that the gov. must be wise with withdrawing emergency supports

4.Yes!, because it gives you a very clear understanding with what they plan to do in the future like, lower morgatages, financial aid, how the gov. "breaks to soon and early"



1 The article was about how it is tough for students to pay back student loans.


2 I choose it because im afraid of how i will be paying for the college i really want to go to.


3 No i do


4


5

http://www.timesherald.com/articles/2009/10/16/business/doc4ad7e3a3de210559758304.txt



1.What is this item about?
Less people are getting fired but it is still not enough to hire more people.

2.Why did you choose it?
I thought it would be something we should all know about.

3.Do you agree with what's happening in the news item you chose?Why or why not?
Yes and no because its good that less people are getting laid off but its not good because it is not helping the unemployment rate.

4.Do you think the information has been presented fairly? Why or why not?
Yes, I believe the information was provided in a good way and i think the article is believable.

5.Would use this news source again?
Yes.

bank cuts federal emergeny lending programs

1.What is this item about?
The banks cut back on Federal emergency lending programs. They believe that The Federal government at there last month meeting decided to slow down its purchases of these securities. So the $1.25 trillion program will be ended by the end of march instead of the end of this year. The goal is to drive down mortgage rates and bring up the housing market.


2.Why did you choose it?
the title cought my eye so i read it and got really interested in the piece. It makes me want to check up on this and see if there still heading toward their plan now.


3.Do you agree with what's happening in the news item you chose? Why or why not?
yes i do agree with the news item. It informs us about what their plan is and trying to get the mortgage rates down and the housing market up is a great plan.


4.Do you think the information has been presented fairly? Why or why not?
yes i do think that the information has been presented fairly. It gave me a lot of information on their plans and i hope it goes through.


5.Would use this news source again?
Yes i would use this source again.



http://www.forbes.com/feeds/ap/2009/10/15/general-financials-us-fed-emergency-lending-programs_7007879.html
http://money.cnn.com/2009/10/15/news/economy/stimulus_jobs_federal_contracts/index.htm?postversion=2009101513



1.What is this item about?
It's about The Federal Government and how it created more then 30,000 jobs on the $787 billion dollar recovery act.

2.Why did you choose it?
I choose it Because the Federal Government is helping Americans to get their life back and made about $256.3 billion dollars on grands and loans for people and business.

3.Do you agree with what's happening in the news item you chose? Why or why not?
Yes, I think the new recovery act is great. Its going to help so many people get back to where they started and its hope for the future of this country.

4.Do you think the information has been presented fairly? Why or why not?
Yes, the writer did a good job giving you the information in the right order. He showed both the President side and the Republicans as they discuss the new stimulus package.

5.Would use this news source again?
Yes, I will use CNN Money.com again. It's great web site to find up to date information on whats going on in this country.
http://money.cnn.com/2009/10/16/news/companies/bank_of_america_results/index.htm?postversion=2009101607

1. What is this item about?
This item is about bank of america suffering a 2.2 billion dollar loss.

2. Why did you choose it?
i chose it because it is a very important subject.

3. Do you agree with what's happening in the news item you chose? Why or why not?
yes because with how the econemy is today it is not suprising that they lost that much because of credits costs.

4. Do you think the information has been presented fairly? Why or why not?
yes because they had things the ceo said and they had information of how much the stocks dropped.

5. Would use this news source again?
yes i would use this news source again because cnn is a very reliable news source
1.What is this item about?
Bank OF America losing 2.2 million dollars

2.Why did you choose it?
because it is an intersting current event. and can posibly effect the eceonmy right now

3.Do you agree with what's happening in the news item you chose? Why or why not?

No I dont agree with what is going on with Bank Of America im worried that if Bank of America losses to much money it will go bankrupt and close out.
4.Do you think the information has been presented fairly? Why or why not?

yes there were a good amount of stable sources that where able to explain the crsis goin on with Bank Of America
5.Would use this news source again?
Yes

Middletown pares budget, but says more cuts needed

1.What is this item about? Middletown pares budget, but says more cuts needed. People lossing there jobs in middletown.

2.Why did you choose it? I have chosen this because Middletown is pretty close to us and they are cutting more people do to the economy.

3.Do you agree with what's happening in the news item you chose?
Why or why not? I dont agree with this beacuse nobody deserves to be cut from there jobs. The goverment should do more stuff to help the economy out so people dont have to lose there jobs.


4.Do you think the information has been presented fairly? Why or why not? Yes beacuse it shows whats happen in our life and about people loosing their jobs.

http://www.recordonline.com/apps/pbcs.dll/article?AID=/20091016/BIZ/910160353

1.) What is this item about?
IBM made a 3.2billion doller profit in the third quarter despite the fall of sales. IBM's earnings are much higher than expected.

2.) Why did you choose it?
It met the quota for the assignment.

3.) Do you agree with whats happening in the news item you chose? Why or why not?
Yes, IBM's stock has risen to $9.85 a share.

4.) Do you think the information has been presented fairly? Why or why not?
Yes, all of the information is coherent. It expresses the opinon of a few people.

5.) Would you use this news source again?
Yes. I use this news source almost every day.

holiday travelers who wait to book flights pay more

1.) what is this item about?
this item is about travelers who wait to book flights during holidays. they spend more money now then they did last year if they wait because the fares are rising.

2.) why did you choose it?
because it seemed intresting.

3.) do you agree with whats happening in the news item you chose?
why or why not?
yes i do because everyone got cheap flights during the holidays last year and the airlines weren't ready for the falloff in travel so they rose the prices this year.

4.) do you think the information has been presented fairly?
why or why not?
yes because everything they are saying in the article is going on right now.

5.) would you use this source again?
yes.

Bank of America CEO gives up '09 pay

http://aticles.moneycentral.msn.com/investing/dispatch/default.aspx?feat=1321588&gt1=3302


1 It was about the boss of the Bank Of America not taking any money bonus for the year 2009 he felt it wouldnt be right because the bank wasnt making enough and something was going on so he didnt want to be apart of the payroll dispute.

2 I choose it because it was an intereseting article that dealt with how someone whos the boss of a big company would rather settle for a little less then deal with a dispute that will only lead into a bad ending.

3 Yea I agree with the item i choose beacuse I liked how Ken Lewis handled the sitiution on how things would be settled with out lossing it all.

4 Yea it was in a way presented fairly and in another way it wasnt. The way that it was fair is that they told Ken Lewis that he will loose a certain amount of money because of a scem and i thought it was a little unfair because he cant get payed his bonuses until the year of 2009.

5 Yea i would consider using the site again to make any other research because it looked professional and looked as though the information was rock solid.

Newburgh scrambling to make biweekly payroll

1.What is this item about?
newburgh officials notgeting paid on time

2.Why did you choose it?
bhecause it has todo with moneyand its in the newburgh area

3.Do you agree with what's happening in the news item you chose? Why or why not?
no becauseifyouhave workers youshould have monet to pay them

4.Do you think the information has been presented fairly? Why or why not?
yes shows views of both employers and employees

5.Would use this news source again?
yes recod online is accurate

airport fees

1.What is this item about?
travelers are being feed because airlines are trying to fix the fares. there are two types of travelers..the frequent fliers who dont have to pay the fees, and the annual travelers who do.major United States carriers dropped 20 percent in the first half of 2009, compared with 2008, with the airlines taking in about $18 billion less this year. Over that same period, airlines collected $3.8 billion in fees.

2.Why did you choose it?
it affects me because i go on alot of vacations with my family and it was interesting.

3.Do you agree with what's happening in the news item you chose? Why or why not?
it doesnt really bother me. if airlines have to fix certain issues, theyre going to do whatever they can to accomplish it. thats just how business usually runs.

4.Do you think the information has been presented fairly? Why or why not?
yes, it gives both sides of opinions

5.Would use this news source again?
yes

Friday, October 2, 2009

http://money.cnn.com/2009/10/02/news/economy/chicago_olympics_rejection/index.htm?postversion=2009100213


1.What is this item about?
Chicago is not going to host the 2016 Olympics and already spend $100 million dollars and was about to face a fincial problem.

2.Why did you choose it?
Because its about the Olympics and Chicago's Fincial future.

3.Do you agree with what's happening in the news item you chose? Why or why not?
Yes because that really did happen last fridey Rio de Janeiro beat Chicago in a bid to host the Olympics.

4.Do you think the information has been presented fairly? Why or why not?
Yes it explains all that happen, why it happened, and when it happened.

5.Would use this news source again?
Yes I always use CNN for ever news informtion I need to know.
http://sports.espn.go.com/chicago/columns/story?columnist=wojciechowski_gene&id=4519409
The Chicago bid cost an astounding $48 million plus, and the price tag for the operating budget is an estimated (emphasis on estimated) $3.8 billion and another $1 billion (estimated) on construction.
the first item was about Obama wanting Chicago to be part of the IOC.


I choose this because it was something big to help with the finance problems going on.


I do agree because i think that anyway that we can get out of this recession is better

economics capitalism a love story

1.What is this item about?
2.Why did you choose it?
3.Do you agree with what's happening in the news item you chose? Why or why not?
4.Do you think the information has been presented fairly? Why or why not?
5.Would use this news source again?Your grade for this blog is based on how much you do, not how well I think you do it. Each question is worth 2 points, so every entry should earn you 10 points. Every comment you make on someone else's entry is also worth 2 points. The more you participate, the higher your grade will be.

http://www.washingtonpost.com/wp-dyn/content/article/2009/10/01/AR2009100104626.html
1.What is this item about? Swine Flu Vaccine prices



2.Why did you choose it? It is a current event and is a major issue that affects our economy right now.50 millon doses of flu vaccines are use d in the us every




3.Do you agree with what's happening in the news item you chose? Why or why not? No i dont elieve they should be givcing these swine flu vaccines out this quickly. The disease was founded earlier this year and they already have a vaacine for it. I just think they need to take more time and make sure it is safe. Before they have any fatal unknown side effects




4.Do you think the information has been presented fairly? Why or why not?





5.Would use this news source again?

Citi Struggles Even as Other Banks Show Strong Profits

http://www.nytimes.com/2009/10/16/business/16citi.html?ref=economy




1.What is this item about?
This article is about the Citi Bank group trying to bring their chains of banks under from debt



2.Why did you choose it?
I chose this because it interested me, and because my mother has a bank account with Citi so it affects me in some way or another



3.Do you agree with what's happening in the news item you chose? Why or why not?
I agree with the process, because they're trying to do to bring the banks out of debt



4.Do you think the information has been presented fairly? Why or why not?
The information has been presented fairly, because it gives me a good idea about what they plan on doing to fix this crisis going on with the government and the Citi Group



5.Would use this news source again?
Yes i would, they have multiple options for current events going on in America
1.What is this item about? This item is about the Great Depression.

2.Why did you choose it?

3.Do you agree with what's happening in the news item you chose?
Why or why not?


4.Do you think the information has been presented fairly? Why or why not?

unemployment nearing 10%

http://hosted.ap.org/dynamic/stories/U/US_ECONOMY?SITE=PANOR&SECTION=HOME&TEMPLATE=DEFAULT




1.What is this item about?
The unemployment rate is about to reach 10%.

2.Why did you choose it?
I think thas something serious that everyone should know about.

3.Do you agree with what's happening in the news item you chose? Why or why not?
No.I think that everyone should be able to have some type of job.

4.Do you think the information has been presented fairly? Why or why not?
Yes,the article lets you know the amount of people without a job and how they are being helped.

5.Would use this news source again?
Yes.
what is this about

Money article

And you're going to write a test post