Economy

Calculating Consumer Happiness at Any Price

by Erik on December 13, 2009

in Economy,Interesting,Markets,Philosophy

If technology and systems didn’t come so naturally, I really believe that I would have become an economist. I just find it fascinating. The “business information systems” major was such a perfect fit for my abilities, that I didn’t really think twice about selecting it when I was choosing my major at Lehigh. But, as I [...]

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Business Round Up

by Erik on December 4, 2009

in Economy,Information,Jobs,Markets,Recession,Technology,Uncertainty,Weekly Roundup

Job Drought in U.S. May Be Near End as Temporary Help, Working Hours Surge — The worst U.S. employment slump in the post-World War II era may be about to end as companies hasten to hire temporary workers and boost hours, according to economists such as John Ryding and Zach Pandl. [Bloomberg] G.E. Makes It [...]

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News Roundup

by Erik on October 5, 2009

in Advertising,Apple,Economy,IBM,Interesting,Technology

I.B.M. Joins Pursuit of $1,000 Personal Genome: One of the oldest names in computing is joining the race to sequence the genome for $1,000. On Tuesday, I.B.M. plans to give technical details of its effort to reach and surpass that goal, ultimately bringing the cost to as low as $100, making a personal genome cheaper [...]

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Green Business is Growing

by Erik on July 28, 2009

in Alternative Energy,Economy,Sustainability,Technology

GREEN BUSINESS – It’s no secret that America is going green. Green jobs are popping up everywhere, whether it’s the technician installing solar panels on a home, the scientist researching ways to build better batteries for electric cars, or the executive looking for ways to reduce waste, eliminate unnecessary packaging, and cut costs. Job growth [...]

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I.B.M. Profit Exceeds Wall Street Forecasts

by Erik on July 18, 2009

in Economy,IBM,Markets

International Business Machines has long been viewed as a barometer for corporate technology spending. And its second-quarter results, announced after the close of the market on Thursday, provided another encouraging sign for the technology sector. Yet I.B.M.’s performance, analysts say, is probably an indication that the company’s strategic steps in recent years are paying off, [...]

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Teenage Entrepreneurs, Building Their Own Job Engine

by Erik on July 6, 2009

in Economy,Entrepreneurship,Jobs,Recession,Unemployment

Unemployment for 16- to 19-year-olds is at its highest rate since 1992 — at 22.7 percent in May, according to the Bureau of Labor Statistics. That is causing some teenagers to rethink their notion of work and to embrace entrepreneurship. “This is a generation raised to believe they can do anything, and the first to [...]

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Clean Energy and the Future

by Erik on July 6, 2009

in Alternative Energy,Asia,Economy,Green Tech,IBM,Sustainability,Technology

photo credit: Ennor (computer problems) Thomas Friedman is an interesting man. For one, his book on globalization: The World Is Flat was mandatory reading at Lehigh in an intro course to Information Systems, and caused a great deal of debate on the topic during many a class session. But, his current op-ed in the New [...]

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Say Hello to Underachieving

by Erik on July 5, 2009

in Economy,Education,Uncertainty,Unemployment

There may be reason for concern. Students who enter the job market during a recession can see their wages lag behind comparable students who graduated in better times for as long as 15 years, according to a recent study by Lisa B. Kahn, an economist at the Yale School of Management. [via NY Times]

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Weekly Round Up

by Erik on July 3, 2009

in Alternative Energy,Asia,Business Logic,Economy,Green Tech,IBM,Jobs,Markets,New Tech,Obama,Recession,Technology,Unemployment,Weekly Roundup

For Modest Earners, Relief Repaying Student Loans – Repaying a student loan could soon be a little less painful. Starting this week, anyone with a federal student loan can apply for a program, run by the Department of Education, that caps monthly payments based on income, and forgives remaining balances after 25 years. Those choosing [...]

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Weekly Roundup

by Erik on June 20, 2009

in Economy,New Tech,Recession,Technology,Unemployment,Weekly Roundup

Opening Day: The iPhone 3G S – Hollywood has its red-carpet premieres. The NFL has the opening kickoff celebration. For technology fans, Apple’s rollout of its latest devices are as good as it gets. Tech Recruiting Clashes With Immigration Rules – Half of the engineers working in Silicon Valley were born overseas. Tech Payoff for [...]

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