By Dealman(view all posts by Dealman)
at 1:15PM Monday January 4, 2010
under
Newsworthy
Today, there comes news that the stock market has had a healthy opening on the first full day of trading in the new year. Does this mean things are looking up for 2010 or is this just another blip that could just as easily go down again. Well, a little of both. Obviously, it's always good news when the stock market is healthy and traders aren't panicking, but the health of daily stock trading isn't necessarily a bellwether of overall economic health.
First, what happened today in the
stock market:
The stock market jumped on the first trading day
of the year following reports of stronger manufacturing activity around
the world as well as a rise in oil prices.
Major stock indexes rose more than 1.5 percent, including the Dow Jones industrial average, which rose 165 points.
A key point is this paragraph:
A U.S. trade group said manufacturing activity expanded faster than
expected in December. The Institute for Supply Management's index of
manufacturing activity rose to 55.9 from 53.6 in November, more than
analysts had expected.
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By Dealman(view all posts by Dealman)
at 2:38PM Monday December 21, 2009
under
Newsworthy
You've likely gotten most of your Christmas shopping done by now --and
if you haven't, get to it. It's been estimated that the average family
spending on Christmas gifts is around $600 (
I can hear laughter and
sighs from people who have spent far above that). Whatever the case,
it's a big number, and difficult during great economic times, let alone
a time of uncertainty.
Even if you're personal economic situation is going swimmingly, you might know someone who's faced some problems during the economic downturn. Even if you haven't, it's nice to know that strangers aren't having a hard time of it and who doesn't want a brighter economy, no matter what you're situation. If you've shelled out a grand over the holidays, you want to be certain that this big pile of cash isn't going to be an increasing drain as we head into the new year and new decade.
So how are the prognostications looking for 2010?
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By Dealman(view all posts by Dealman)
at 11:41AM Monday December 14, 2009
under
Newsworthy
Every year at this time there are both prognostications and assessments about how eager shoppers have been over the holiday season. This year didn't portend to be very positive, given the state of the economy and all the news stories about the same. In some way, it's self-fulfilling: with a bunch of news reports saying "
The economy's terrible! People aren't going to shop!," it's no surprise if some people think, "
Yeah, I guess I won't shop either..."
But something's happened this Christmas season, and hopefully this means good things for the economy overall. From NPR -
Reports Point to Brighter Holiday Season:
Despite reports from retailers that sales were sluggish going into the
holiday shopping season, the Commerce Department reported that retail
sales rose 1.3 percent in November ? up from a revised 1.1 percent in
October and much higher than economists had predicted...
November's retail sales report
includes crucial figures from Black Friday, the day after Thanksgiving
and the kick-off for the holiday Christmas shopping season.
So good news overall. What about the online shopping universe? Growing or shrinking? Could it be accounting for the uptick in spending this holiday season?
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By coupiedoll(view all posts by coupiedoll)
at 11:03AM Thursday November 26, 2009
under
Newsworthy
Black Friday is almost upon us. A day when hundreds of thousands flock to rock the shops of America hoping to snag the best deals of the year. While Black Friday has become an American rite of passage it can be not only draining on your own psyche, but also the environment.
Here are a few tips to help you survive and keep the earth a little bit greener.
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By derek70x7(view all posts by derek70x7)
at 4:01PM Friday November 20, 2009
under
Stuff We Like
While
Stella usually indulges my laziness by combing through the financial blogs and picking out our weekly roundup on her own, I thought I'd try something new this week and scrounge around for them myself. The result of this was lots of sports-related stories!
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By rayputt(view all posts by rayputt)
at 11:39AM Tuesday November 17, 2009
under
CompanyStaff
With Black Friday rapidly approaching, there are plenty of deals
coming out that are making saving money during the holiday season
easier and easier. This time last year, the recession was in its
infancy and companies were still trying to figure out the way to
attract new customers. During the holiday season of 2008, plenty of
people were looking for deals. In fact, Savings.com saved people
almost $4.4M* during the holidays in 2008. The most popular
category was electronics and Savings.com's electronics deals saved
users over $1.5M.
Read More »
By Yasarh(view all posts by Yasarh)
at 11:26AM Thursday November 12, 2009
under
Money Saving Tips
In one of my previous posts, Take Me Out To
The Bar Game, I wrote about how you can save money by going to
a bar instead of watching a live sports game. Turns out people all
over the country are taking that advice a step further and just
watching the games from home.
Recently the Washington Post reported that NFL TV ratings have been rising due to the
recent economic downturn. They're claiming that more people are
watching games from home either because they want to get their
money's worth out of the HDTV they bought or because watching games
from home is free. Both theories make sense.
Read More »
By derek70x7(view all posts by derek70x7)
at 6:40PM Friday October 30, 2009
under
Stuff We Like
I've been elected to write this
week's "Home Sweet Home" edition of Herding Cats--which is fitting,
because I do indeed live at and work from home. Since today is All
Hallow's Eve Eve, it was also fitting that we feature a few stories
about ghosts.
Read on...if you dare!
Read More »
By rhino(view all posts by rhino)
at 12:47AM Saturday October 24, 2009
under
Stuff We Like
All of today's articles serving
as virtual shooting-range targets for my warped sense of
comprehension share the same general theme: food. It's something I
admittedly don't know much about anymore due to the diet plan I've
followed over the last few months, the likes of which limits my
life sustaining nutritional intake to non-processed foods best
described as boring.
Being a creature of habit and
patterned processes carefully refined over time to yield more
positive results than negative, I welcome this mundane feeding
process which lacks in both general good taste and creativity, but
serves up a healthy portion of predictability. Thank goodness for
you, the news articles on the menu today subscribe to anything
but...
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By coupiedoll(view all posts by coupiedoll)
at 3:15PM Wednesday October 21, 2009
under
Newsworthy
Inspired by the upcoming film NO
IMPACT MAN, a story about a family that goes off the grid for a
year, I decided to write a blog about some simple lessons from mom
and dad that go a long way in being green. While NO IMPACT MAN'S
extreme lifestyle is inspiring, there are also simple things all of
us can do every day to make a difference.
Read More »
By stella.louise(view all posts by stella.louise)
at 8:06AM Saturday October 10, 2009
under
CompanyStaff
Our Community Manager, Sara
Dunham (aka "WiscoVixen"),
has gone Hollywood on us. She's appearing on Best Deals TV Show to
tout the benefits of Savings.com.
Best Deals TV
Show is southern California's #1 most-watched consumer program
on KTLA 5 and KCAL 9. Consumer reporters Lynda Halligan and Andrew
Amador travel all over southern California searching for the best
buys and value for services.
The spot will air on L.A.
channels KTLA 5 and KCAL 9 starting this Saturday. Early birds can
catch it at 8:30 AM PST on October 11th and 25th on KCAL 9. Night
owls can get their Wisco-fix at 1:30 AM PST on the 10th, 17th, 24th
and 31st on KLTA 5.
Or you can take a peek right
now:
Read More »
By rayputt(view all posts by rayputt)
at 10:15AM Monday October 5, 2009
under
Money Saving Tips
Consumers are obviously holding
onto their hard-earned dollars and making sure to get the most bang
for the buck when they do decide to spend money. We've seen some
places where consumer purchasing behavior has changed drastically
during this year, and we predict that, in order to lure consumers
into buying, some retailers are going to have to work overtime to
provide good deals.
Based on the data we're
observing, there are some areas we think are going to be good
places to find deals before the end of the year.
Read More »
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