China's Path to World Power Nov 12, 2008
At least not and maintain the buying power of a dollar ... However, the value of the job has been lowered due to less buying power. (Townhall.com)
Gas prices drop below $2 per gallon in Missoula Nov 12, 2008
The weak dollar is driving down the value of other currencies, giving Americans more buying power. The falling price also means that there's less demand for gasoline. (Missoulian, MT)
Cause of power hikes disputed Nov 9, 2008
The rush to sell power to Pennsylvanians eventually subsided as those companies disappeared or withdrew from the state, and most of us simply went back to buying power from the local utility, whose bills never stopped coming. Power companies say that the upcoming price bubble is a result of the rising costs of fossil fuels used to generate electricity. (Carlisle Sentinel, PA)
Wal-Marts Ms Club store targets Hispanics Nov 8, 2008
The Selig Center for Economic Growth at the University of Georgia said in a report last year that the buying power of Hispanics exceeded $860 billion, up from $212 billion in 1990. That figure is expected to reach more than $1. (The Packer, KS)
Economist: Hawaii not in a recession yet Nov 7, 2008
In his report, chief economist Paul Brewbaker adjusted downward his forecast for employment and inflation-adjusted personal income for the rest of the year, concluding that more people will lose their jobs and buying power will decline well into 2009. Brewbaker s latest outlook also nearly doubles the percentage drop in visitor arrivals for the year. (Pacific Business News, HI)
Sleeping through wakeup calls Nov 7, 2008
$500 a year will boost her buying power by $1. 37 a day. (Atlanta Journal-Constitution)
School lunch is revisited Nov 7, 2008
To save money on the food products themselves, Cohasset has joined the Education Cooperative (TEC) and now has cooperative buying power with other area schools thereby lowering the prices of certain food items. We buying better food and getting better prices, said Levy. (Cohasset Mariner, MA)
Fewer Canadians buy U.S. homes as currency weakens Nov 7, 2008
That's reduced the buying power of Canadians and made U.S. homes less appealing to them despite much lower prices brought on by the USA's foreclosure crisis. At the same time, fewer U.S. lenders are doing home loans for foreign buyers, and some are requiring heftier down payments. (USA Today -- Money)
They come, they look and they leave as buyers beware Nov 7, 2008
Michael Buxton, associate professor of environment and planning at RMIT, says the buying power of first home buyers will not materially improve. "What happened last time the Government provided a very substantial first-home grant was that very quickly that subsidy was added to the price of the new house and land package," he said. (Sydney Morning Herald -- Business)
No comments posted. Nov 6, 2008
The lack of transit options has left too many Arizonans stranded as gas prices rise and buying power falls. Despite these serious problems, leaders in both of our major political parties have failed to take serious action on transportation policy that will help reduce our dependence on oil and alleviate the pocketbooks of the Arizonans. (Benson San Pedro Valley News Sun, AZ)
Stability versus stupidity Nov 5, 2008
The dollar goes to (in the original Spanish) El Grande Squatto Mundo because Mishkin and his brain-dead econometric cronies at the Fed and most of the nation's universities keep encouraging interest rates to be constantly lower than the rate of inflation, which increases borrowing, which further inflates the money supply, which makes the prices of the assets go up a lot, and the prices of everything else to drift upward, too, in response to all of this new money and credit; so when gold goes up... (Asia Times Online)
Election: Discuss tonight's election Nov 5, 2008
FoolMeTwiceConservative wrote on Nov 4, 2008 10:38 PM:" brsterly, Bush2 snuck up BEHIND you honey, and picked your 401 pocket, dropped your dollars buying power 40%+and put the stock market BACK where it was when he was selected by an Activist Supreme Court, embarrassed us in the world and mired us IN two WARS-ONE an optional personal VENDETTA/ NO WMD's that has killed 4500 Americans. No Kiss baby. I like to be kissed when somebody does that to me, particulary when I am paying for it. ". Tim... (DeKalb Daily Chronicle, IL)
Xcel will lower electricity rates Nov 5, 2008
The three filings concern riders on monthly bills to pay for the cost of air quality improvement efforts, buying power on the open market, and the cost of building and using transmission lines. Overall, the three filings will lower typical monthly bills by 21 cents per month for residential customers and 42 cents for small-business customers, the utility said. (Denver Business Journal, CO)
Toronto's Best Hotspots For Free Sa... Nov 5, 2008
These wage earners represent significant buying power to potentially spend on the products being promoted. Top Downtown Toronto Freebie Sites. (Suite101.com)
Flight Centre warns on earnings Nov 3, 2008
Mr O'Brien said that although the Australian dollar was weaker, it still had considerable buying power in some key international markets for outbound tourism, including Thailand, Fiji, Bali and New Zealand. The fall in the value of the Australian dollar also had a positive impact on inbound tourism numbers. (Sydney Morning Herald -- Business)
Flight Centre profit target in doubt amid global crisis Nov 3, 2008
Mr O'Brien said that in relation to outbound tourism, the Australian dollar still had considerable buying power in some key international markets including Thailand, Fiji, Bali and New Zealand. The fall in the value of the Australian dollar also had a positive impact on inbound tourism numbers, though this impact was not yet evident, he said. (The Australian)
Vote yes on transportation bond to strengthen Alaska Nov 2, 2008
Our leaders understand that the buying power of these programs has been eroded by inflation and a reduction of federal spending. Supplementing federal funds with this bond will help reestablish funding levels of the recent past. (Anchorage Daily News)
Gold, faithand credit Nov 1, 2008
", I thought to myself! However, this is not about what you can and can't say to children, as it turns out, but about education; and for some reason, John Embry of Sprott Asset Management has never earned his Junior Mogambo Ranger (JMR) merit badge in "Mogambo Educational Initiatives (MEI)", and thus is also shocked and appalled at my teaching methods designed to make sure that little kids grow up having the correct information about the true nature of the Federal Reserve and the government.... (Asia Times Online)
Stocks Rise, Led by Travel, Retail Companies as Oil Falls; Ryanair Climbs Nov 1, 2008
The decline of oil ``is positive for the buying power of households,'' , a fund manager at Edmond de Rothschild Multi Management in Paris, which oversees $4. 2 billion, said in a Bloomberg Television interview. (Bloomberg -- UK)
Overseas travel hits new highs for now Nov 1, 2008
Now its buying power has shrunk by one-third, and holidays that had been good value are becoming less affordable by the week. Take Japan. (The Age, Australia)
Weakening rupiah Nov 1, 2008
But the plan to decrease the fuel price will help people increase their buying power. The micro-economy of this country must be reevaluated to strengthen our fundamental economy. (Jakarta Post, Indonesia -- Editorial)
Minority outreach on the rise Oct 31, 2008
The buying power of blacks, Asians, Hispanics and American Indians was projected at more than $54 billion in Pennsylvania this year and is projected to hit nearly $70 billion by 2012, the Selig Center for Economic Growth at the University of Georgia said. If they are the fastest-growing segment, coupled with the fastest-growing population, they need to be viable, they need to be competitive, you can t ignore them, Langston said of the growth of minority companies and population. (Philadelphia Business Journal, PA)
Coast Wholesale Appliances Enters Ontario Market Oct 31, 2008
We look forward to building on Morley's excellent reputation and customer base in Ontario (Canada Newswire)
Rogge: IOC finances solid ahead of 2nd term Oct 31, 2008
But definitely there is a possibility that because of a loss of buying power there will be fewer people at the venues. It would be naive and shortsighted to say that nothing will happen. (San Diego Union-Tribune -- Sports)
CD stores suffer death by download Oct 31, 2008
Along with downloads eating into retail sales, Lehne points to the buying power of big-chain CD retailers and the struggling Australian dollar for his decision to sell his business (the online store will continue. . (Sydney Morning Herald -- Technology)
Nineteen Online Marketing Steps for (Almost) Instant Success Oct 31, 2008
Know Who Your High-Rollers Are: Identify segments that exhibit disproportionate buying power and start marketing to those groups immediately. Never Say Never: Feature new and top-selling products, through 'null search results. (SmallBusinessComputing)
IOC prez Rogge formally bids for second term Oct 31, 2008
"Things are changing so fast. But definitely there is a possibility that because of a loss of buying power there will be fewer people at the venues. "It would be naive and shortsighted to say that nothing will happen. Yes, the situation is so volatile that it is too soon to draw conclusions. (SportsIllustrated.CNN -- More)
Neocons have learned nothing Oct 31, 2008
I know you will argue the bigger/best/ more buying power should survive, but what about their lives and families ... I know you will argue the bigger/best/ more buying power should survive, but what about their lives and families. (Atlanta Journal-Constitution)
QTrade retains crown Oct 30, 2008
Serious traders would also appreciate real-time updates of the buying power in their accounts. 7. (Globe and Mail)
The non-union union IT might accept Oct 30, 2008
"Our large membership base will have buying power, lobbying power, and a united voice, but we are not going to go into a workplace and try to strong-arm employers." For example, the IITW would contact attorneys that can review contracts, noncompete clauses, and nondisclosure agreements to ensure that IT workers are treated fairly both when hired and when working on individual projects. Scott Chancer, an independent consultant focused on IT business practice management and software services,... (InfoWorld)
'Sassy' Elisabeth Hasselbeck believes in Maverick Sarah Palin Oct 29, 2008
It did lead to a boom, but in the end, the average consumer had no new buying power. Basically, they tried to stimulate the economy from the supply end. (Entertainment Weekly)
Sam's seeks to give Hispanics mas for their money Oct 29, 2008
Burgeoning buying power ... Last year, Hispanics had a buying power of $862 billion. (Houston Chronicle)
Cash is king for inflation-hit investors Oct 29, 2008
This may not mean higher buying power vested with Indian households, but higher inflation has eaten into peoples buying power forcing them to hold more cash as inflation has crossed the double-digit levels -the highest in a decade. Cash with the public tends to be higher during festivals and even periods prior to large elections. (India Times)
Clinton launches low-cost Aids drugs Oct 29, 2008
The former US president Bill Clinton said today that the new charges on airline tickets, pioneered by France, meant his Clinton Foundation HIV/Aids Initiative had the buying power to negotiate with drug companies for big discounts. This year the foundation will receive $350m (179m), most of it from an airline ticket tax France began collecting this summer. (Yahoo News -- Bill Clinton)
With little urge to splurge, shoppers dream of a tight Christmas Oct 29, 2008
"Retailers are being squeezed on two sides. Consumers are hesitant to spend which is hitting their bottom line, and at the same time retailers are paying more for their products because of the reduced buying power of the Australian dollar," she said. The survey findings were fairly consistent across the five capital cities, with respondents in Sydney showing a slightly higher inclination than the national average to either put the money towards the mortgage or in the bank. (Sydney Morning Herald -- Australia)
Punters may save much of Rudd's $10.4b splurge Oct 29, 2008
Consumers are hesitant to spend which is hitting the bottom line, and at the same time retailers are paying more for their product because of the reduced buying power of the Australian dollar. . (The Age)
Be Careful What You Wish For Oct 28, 2008
I will take steps to insure that the value of the dollar begins to rise to appropriate levels and will achieve increases in our buying power in Europe by 25% by November 1st. 3. (Townhall.com)
Chavez's Ambitions in Venezuela, Abroad May Collapse Along With Oil Prices Oct 28, 2008
Economists say the biggest concern is a currency devaluation, which would reduce Venezuelans' buying power, pushing many people who have joined the growing middle class into poverty. The government is expected to devalue the official exchange rate 26 percent to 2. (Bloomberg)
Cte d'Ivoire: 'Alarming' Malnutrition in North Oct 26, 2008
"Farmers are getting extremely low prices for cashews and this is yet another factor severely cutting people's buying power," Berner said. Disease is wiping out livestock in the north, which cuts productivity as people use oxen to farm, he said. (allAfrica.com)
LETTER: Politicians benefit from higher taxes Oct 25, 2008
Mike P wrote on Oct 23, 2008 3:45 PM:" McCain made the wannabe plumber an issue in a debate televised to millions, world wide. Avoiding this exact thing, is why fact checks are usually done prior. Joe could have been a skin head or much worse than a republican, they out him as their example. Most higher brackets are going to result in less taxes than they did in clintons administration. Bracket limits have been raised substancially. Higher limits at the lower bracket percentages, give bigger... (Mattoon Journal-Gazette, IL)
More of this story Oct 25, 2008
Now the consequences have hit us and our lack of buying power is shutting down industries all over the world. And they are mad as all get out at us, because we let it happen. (Searcy Daily Citizen, AR)
An absent rebellion Oct 24, 2008
As a result of the latest failure of a fiat money that has resulted in ruination, just like all the other experiments with a fiat money have ended in failure for the last 2,000 years, the S&P 500 is now down to where it was in 1997, which is 11 long years ago, which means that everybody who bought the shares of the S&P500 since 1997 has lost money both in nominal terms (since the price of the shares has gone down), but also more in real, inflation-adjusted terms, because in the meantime the US... (Asia Times Online)
Koebke challenges Jorgensen in 37th Oct 24, 2008
He said most of his conversations with the public have centered around the economy, and basically their buying power. They are seeing their buying power going down due to gas prices, the economy and health care, and they are looking to the government to hold the line on things so they don't lose the ability to buy the things they need and live the way they have been used to, he said. (Watertown Daily Times, WI)
Single workers miss a place on the PM's lifeboat Oct 24, 2008
With the market benefiting from this additional buying power, these economic forces will push housing prices even higher, strangling Rudd's affordable housing credentials. Pensioners must understand that these same forces will soak up their handout, too. (Sydney Morning Herald -- Business)
Iceland, Costa Rica, S. Africa are bargains as currencies fall Oct 24, 2008
By Barbara De Lollis, USA TODAY The greenback is making a comeback in many countries, boosting buying power for Americans who still have discretionary income and an urge to travel. Currencies around the globe such as the South African rand, Icelandic krona and Korean won have fallen sharply vs. the American dollar in recent weeks. (USA Today)
A little thing called inflation Oct 23, 2008
And this worthlessness of the dollar - which is manifested in its buying power - means, if you have been paying attention, inflation in prices. But you would never know it from a Barron's interview with Jeremy Grantham, chairman of GMO, which is apparently an investment management company that I don't know anything about other than it says it has "a value framework combining quantitative and fundamental analysis", whatever in the hell that is, with which they keep an eye on $120 billion in... (Asia Times Online)
It's time to stock up on these wines Oct 23, 2008
We have him to thank for stores inside grocery outlets, sales on Sundays and the popular Chairman's Selection program, where Pennsylvania leverages its huge buying power to negotiate lower prices for some wines. The first of such selections arrived in stores in 2003 and consisted of 1,500 cases of two wines. (Pittsburgh Post-Gazette, PA)
Rodeo Drive Shrugs Off Crisis as Tourists Load Up on Lauren, LaCoste, Boss Oct 23, 2008
The question is whether that will continue as growth slows abroad and a rise in the dollar reduces the buying power of foreign currencies. Finlayson said he bought U.S. dollars several months ago when one Australian dollar got him 88 cents. (Bloomberg)
Furniture makers shrink designs for smaller spaces Oct 22, 2008
Smaller furniture also is in line with moves by home builders to trim the scale of some new homes to meet reduced buying power. KB Home, which once offering large homes with expensive amenities, has redesigned its new home layouts from 3,400 square feet, to 2,400 square-foot homes. (Orangeburg Times and Democrat, SC)
Wal-Mart to toughen standards for suppliers Oct 22, 2008
Wal-Mart is betting that using its buying power this way can help keep prices low even as it keeps a closer eye on its suppliers. Wal-Mart, long criticized for its treatment of workers in the United States and its ostensible willingness to overlook violations abroad, has in recent years offered a series of environmental and labor initiatives. (International Herald Tribune -- Business)
Nov. 4 candidates face off at Chamber forum (3) Oct 22, 2008
Because the gasoline tax is a flat 20 cents per gallon the buying power of the revenue the tax generates decreases each year, due to inflation. The tax was bumped to the current level in the 1990s. (Boerne Star, TX)
full text of the speech Oct 22, 2008
Amongst the short term interventions introduced, government is raising the value of the old age grant, child support grant, disability grant and care dependency grant by R20 each this month so that grant beneficiaries dont have to wait until April to see the buying power of their grants protected. Extra resources have also gone to the school feeding programmes and for agricultural starter packs. (Business Report, South Africa)
List illustrates change Oct 20, 2008
It is striking, the sheer numbers, but also the buying power that seniors have. Mormino suggested this gray dawn will create more hospice and palliative care providers and other businesses that cater to seniors. (Tampa Bay Business Journal, FL)
Research and Markets: In the United States DIY Power Tool Are Likely to Continue to Decline Further in an Uncertain ... Oct 20, 2008
Considerations When Buying Power Tools ... Figure 32: Considerations when buying power tools, by age, June 2008 ... Figure 44: Considerations when buying power tools, by race/Hispanic origin, June 2008. (Yahoo News -- Auto Racing)
Franchisors prepare for worst Oct 20, 2008
But he says franchising does relatively better in a downturn than other SMEs, as franchises can rely on superior group buying power, networking advantages and the ability to cut costs. That means they are able to maintain their marketing spend, for instance, which is quite often the first thing that stops in a small business, they think 'I'll stop advertising','' he says. (Sydney Morning Herald -- Business)
Social Security checks grow as stocks shrink Oct 18, 2008
The Senior Citizens League said it did a study that indicated people 65 and over have lost 51 percent of their buying power since 2000, with the price of home heating oil and gasoline more than doubling since the beginning of the decade and such food staples as eggs and potatoes showing big increases as well. Although the word crisis gets thrown around a lot in our national dialogue, there s no other word to describe it. (Charles City Press, IO)
On trade, is McCain right? Is Obama like Hoover? Oct 18, 2008
Free trade with poorer countries improves the buying power of middle and lower income consumers. Wealthier consumers seldom shop at Wal-Mart, Target, Sears, and other discount stores where much of the merchandise is manufactured inexpensively and imported to the U.S. from countries such as China, Vietnam and Mexico. (Russellville News Democrat Leader, KY)
LETTER: Republican events look like KKK rallies Oct 17, 2008
Without increasing the middle class and on downs buying power, you can count on a long recession, and business of all sizes closing, or cutting back. McCain didn't start repudiating his crouds, until after several events of increasing mob type responses, the media, commentaries, and late night talk shows, started discussing the rage hatred, and showing them. (Mattoon Journal-Gazette, IL)
A Crisis Of His Own Oct 17, 2008
Bernanke says the situation reached a point where it needed "additional buying power." Enter Uncle Sam. Expect to see more of it. (Forbes -- Business)
Inflation targeting for idiots Oct 16, 2008
Stealing the buying power of the currency by 2% a year is so outrageous that, naturally, I figured that this was too good to be wasted on former Federal Reserve trash, and now Columbia University trash, and so I excitedly went back to the office to work out my fantastic new presentation to my boss to make this work for me, too. All night long I worked, worked, worked, and the next morning I was ready. (Asia Times Online)
AgTech Fund is Ready to Invest in New Ag Technologies Oct 16, 2008
A private equity fund may have greater buying power. Private equity funds tend to be uncorrelated to the public market and offer investors an opportunity to diversify their portfolios. (Agri-View, WI)
Yes!! It's a miracle!!! Oct 15, 2008
This is, indeed, a lot of money, and I know two things about it: 1) I will not get any of it; and 2) all of this new monetary inflation will cause more inflation in prices, which will be felt as a loss of buying power of the dollar ... Equally weird is that gold is also paradoxically going down in price, even though the dollar is going down in buying power because inflation is higher than the yields the dollars can buy, and the only strength of the dirtbag dollar is that it is appreciating... (Asia Times Online)
NASE members name economy as top concern Oct 15, 2008
NASE is a nonprofit provider of support, benefits and consolidated buying power to micro-businesses, or small businesses with 10 employees or fewer. Reader Comments. (Tampa Bay Business Journal, FL)
Portland City Council will consider taking more steps against sweatshop factories Oct 15, 2008
Advocates expect the consortium will continue to grow and that eventually all that buying power will influence the global garment industry. "I want there to be fair and equitable treatment for all employees in this world," said Carol Stahlke, a Portland Water Bureau employee and president of AFSCME Local 189, which represents many city employees. (OregonLive, OR -- News)
Obama drowning out McCain in TV ads Oct 15, 2008
Obama s buying power allows him to run a mix of positive and negative ads and to spread them over a wider swath of turf. He is also able to play in all media markets, expensive or not. (Yahoo News -- Politics)
