Word: solding
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...continued-bad-news category went fresh data on initial unemployment claims - they rose more than expected, dampening excitement about the mild moderation of the week before - and the housing market. On Tuesday the National Association of Realtors reported that the median-priced single-family home sold for 14% less in the first quarter than it did during the same time period a year ago. The next day, housing-tracker RealtyTrac reported a 32% year-over-year jump in foreclosure filings. And yet sales of homes in certain markets - southern California, southern Florida, Nevada - are spiking. A sign of the bottom...
...viability. And yet elsewhere the credit markets seemed downright rosy. The TED spread - a gauge of how willing banks are to lend to each other - hit its lowest point since the beginning of the credit crisis in the summer of 2007, and companies, including Microsoft and Wal-Mart sold a relatively sizeable $32.6 billion of debt to investors...
Video games and video game consoles are sold across a broad spectrum of consumers whether they are measured by income or region. The games are also inexpensive enough so that they should be a reasonable proxy for consumer discretionary spending...
...Close Lamont Cafe because everything sold there can be put in a vending machine
...Balsillie's allowed to buy the Coyotes and move them to, say, Hamilton, Ontario, the stage would be set for the most poetic and epic Act III that's ever been written: decades after Oilers owner Peter Pocklington sold a country's pride and legacy to a U.S. team, Wayne Gretzky - Canada's living national treasure, whose face will undoubtedly grace currency one day - could be returned to the province of his birth, where a rabid fan base would perpetually pack his team's stadium and the resulting furor would inspire new passion for the game ... and maybe bring home...