PowerOptions WeBlog

The retail sector has seen some dramatic declines over the last six months. People are losing their jobs, their houses are being foreclosed, and wages have become stagnant. All of these factors spell doom for the retail sector. During a recession, people still spend money they just spend less and often spend [...]

The Congressional wrangling is over, the final House of Representatives and Senate votes tallied, the President’s signature affixed: $789 The American Recovery and Reinvestment Act of 2009 is now law.
Among the major earmarks this broad economic stimulus package designed to revitalize flagging industries, the so-called “shovel ready” ones are well represented. $27 billion [...]

Still reeling from the effects dealt by the current economic crisis, the financial sector took another blow this time landing where it hurts most, close to its heart! This was bitter to no end as it points to one of its big boys in the community being the culprit of a fraudulent (Ponzi) styled scheme. [...]

The real estate market in the U.S. has experienced significant price declines in the last five years, dropping as much as 40% in some areas of the country. The hardest hit markets are California, Nevada and Florida. These markets experienced some of the fasted increases in real estate prices starting in 2004; hence it is [...]

In January 1920, an Italian immigrant discovered an arbitrage potential in international reply coupons - IRC. By purchasing IRCs for stamps in Spain, and then exchanging them for postage in the USA, he could net a profit. Forming a corporation called “Securities Exchange Company”, he decided to raise capital by selling investment coupons [...]