Market

The Dow Jones Industrial Average closed yesterday at just above 8,500. If it drops another 1,500 points then it will have dropped 50% From October 9th, 2007(which by the way, is the highest it had ever reached at 14,164). People say this is a sign of Economic collapse or at least a recession.  Read More »

I live in Reno, NV, which is mostly a "blue collar" (I hate classifying jobs) town in which there are a lot of contractors.  Read More »

Apple is currently looking into providing access to its entire iTunes library to customers with the purchase of an iPod or iPhone. They are currently thinking about charging either $100 at the time of purchase for unlimited access for the usage of the devise, or a monthly fee of approximately $7. This would be the customer’s choice, between the two.  Read More »

Well, I’m looking on this “Homes for Sale” website the other day and the results were completely appalling. I live in Florida right now. The average home seems to be selling as of November for approximately $229,000 (that’s including the problem with the housing market).  Read More »

Source:  http://www.chinadaily.com.cn/china/2007-07/28/content_5445215.htm

 The Chinese economy remains in good shape despite some problems that appeared as the economy soared in the first half of this year, top Chinese officials said.

China's gross domestic product (GDP) grew 11.9 percent in the second quarter and 11.5 percent in the first six months of 2007.

But Ma Kai, minister of the National Development and Reform Commission, said that more efforts have been made this year to ensure that the economy grows in a sound and stable manner.  Read More »