GDP-3.2% in 4th Quarter

Washington, DC…Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 3.2 percent in the fourth quarter of 2010, (that is, from the third quarter to the fourth quarter), according to the “advance” estimate released by the […]

Fed Signals Continued $600 Billion in Bond Purchases in Statement

Fed Signals Continued $600 Billion in Bond Purchases in Statement

Washington, DC…Information received since the Federal Open Market Committee met in December confirms that the economic recovery is continuing, though at a rate that has been insufficient to bring about a significant improvement in labor market conditions. Growth in household spending picked up late last year, but remains constrained by high unemployment, modest income growth, […]

Toyota Announces Recall on Some Lexus Models

TORRANCE, Calif., January 26, 2011 – Toyota Motor Sales (TMS), U.S.A., Inc., today announced that it will conduct a voluntary Safety Recall involving approximately 245,000 2006 through 2007 Lexus GS300/350, 2006 through early 2009 Lexus IS250, and 2006 through early 2008 Lexus IS350 vehicles sold in the U.S. to inspect the fuel pressure sensor installation. […]

Governor Sandoval Comments on Rising Unemployment

Governor Sandoval Comments on Rising Unemployment

CARSON CITY, NV – Governor Brian Sandoval made the following statement today after learning that Nevada’s unemployment has increased from 14.3% to 14.5%: “The news this morning that Nevada’s unemployment rate has increased is extremely distressing to me. My heart goes out to those struggling to find work, and at the same time I am […]

Google Co-Founder Larry Page Becoming Google CEO

Google Co-Founder Larry Page Becoming Google CEO

Mountain View, CA…Google CEO Eric Schmidt announced today that he was moving to an Executive Chairmen position and Co-Founder Larry Page is becoming CEO.  He posted the following today on the move.. “When I joined Google in 2001 I never imagined—even in my wildest dreams—that we would get as far, as fast as we have […]

Weekly Jobless Claims Drop

Weekly Jobless Claims Drop

Washington, DC…In the week ending Jan. 15, the advance figure for seasonally adjusted initial claims was 404,000, a decrease of 37,000 from the previous week’s revised figure of 441,000. The 4-week moving average was 411,750, a decrease of 4,000 from the previous week’s revised average of 415,750. The advance seasonally adjusted insured unemployment rate was […]

Mid-Day Business Update

New York, NY…Two hours before close the and the markets are down. The Dow Jones is down 20.2 points, The S&P 500 is down 13.72 and the Nasdaq is down 42.26. The market is being pulled down by Housing Starts, Goldman Sachs and other….

Every Child Healthy network Launches to Help Kids Get Fit, Grow Confidence

CARSON CITY, Nev…The Every Child Healthy network, the nation’s newest, most unique holistic program to help children win the battle against obesity, launches today with comprehensive web-based and summer camp programs dedicated to helping youth become champions for life. The Every Child Healthy network’s global portal, www.everychildhealthy.com, is the interactive centerpiece of a comprehensive, professionally-designed […]

President Obama Issues Memo on Regulations, Flexibility, Small Business and Job Creation

Washington, DC…Small businesses play an essential role in the American economy; they help to fuel productivity, economic growth, and job creation. More than half of all Americans working in the private sector either are employed by a small business or own one. During a recent 15-year period, small businesses created more than 60 percent of […]