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Persons "Marginally Attached to the Labor Force" +B/D

Early last month, we suggested that it would be more instructive if the media began reporting U3 and U6 Unemployment together. (Unemployment Reporting: A Modest Proposal (U3 + U6) Northern Trust's Asha Bangalore appears to have been thinking along the same lines, for her NFP post-mortem includes the following: Household Survey – The BLS also publishes information about marginally attached persons to the labor force. These folks are either discouraged workers or they want to work and are available but are not working and have looked for work in the recent past. If we sum the number officially... (original story)

Wii Fit Reviews Are Flabby. So What?

Nintendo's Wii Fit, the video game that's supposed to, um, make you fit, came out this week accompanied by much fanfare. But not so much love from the critics. Metacritic, a site that aggregates and averages reviews from different publication, says the game has scored an 80 (for the record, we've been skeptical about the game's chances as well). That's a fair grade, but it's a far cry from Grand Theft Auto IV's (TTWO) record-setting 98. You'd think Nintendo, which is spending a ton on marketing, was hoping for something better. Or maybe they don't really care that much -- because much of the b... (original story)

Five Google Android Apps We Love (GOOG)

We've spent the morning looking at the first batch of Google (GOOG) Android Developer Challenge winners, who competed for cash by developing apps for Google's new mobile OS. We've picked five that we think are especially c... (original story)

Why The Bear Stearns Duo Had To Take The Fall

We've written a lot about how Ralph Cioffi and Matthew Tannin seem to have had the misfortune of being assigned the role of fall guys for the collapse of Bear Stearns, an event in which they arguably played a minor and peripheral role. But this morning a report from National Public Radio reveals tha... (original story)

Google Co-Founder Larry Page Talks Broadband, Spectrum

Google (GOOG) co-founder Larry Page is was talking live on UStream about broadband, spectrum, etc. It seems like the event, "Google Unwired," hosted by the New America Foundation, is almost over. But we assume they'll archive the video for on-demand viewing later. Web TV p... (original story)

Roubini: U.S. Financial Industry Facing 'Disaster'

Nouriel Roubini, an economics professor at New York University, talks about the turmoil in financial markets and outlook for the sale of Lehman Brothers HoldingsL click for video (original story)

Microsoft Still Says It Doesn't Want To Buy Yahoo Anymore

So Microsoft chief executive Steve Ballmer says the company is not looking to buy Yahoo. They're talking about other stuff that might "create value" or some such. It's pretty much what we learned on Sunday, when Microsoft and Yahoo disclosed that they were in negotiations. Is a buyout really off th... (original story)

Professional Attention-Getter Byron Ng At It Again - Now Screwing With App-Makers

Byron Ng, the non-hacker who exploited a Facebook privacy loophole and sent pictures of Paris Hilton and Mark Zuckerberg to the AP earlier this year, has struck again. This time he went after app-maker Slide and got more pictures of Paris Hilton and Mark Zuckerberg from the app Top Friends, which ha... (original story)

Alltel Snubs Clearwire: Can Sprint Make WiMax Work By Itself?

Alltel, the fifth-largest U.S. wireless carrier, says it will use LTE technology for its next-generation wireless network, not rival WiMax technology. This leaves Sprint Nextel (S) as the only major U.S. carrier using WiMax for its 4G network. (Sprint will spin off its WiMax network into Clearwire (... (original story)

Intuit FY Q3 Tops Street; Raises FY ‘08 Guidance

Intuit (INTU) this afternoon reported revenue for its fiscal third quarter ended April of $1.313 billion, slightly ahead of the Street consensus of $1.29 billion. Non-GAAP profits of $1.39 a share beat the Street by 6 cents. For the full fiscal year ending in July, the company now sees revenue of $3... (original story)

Roubini Still Pessimistic On Economy

The Financial Times had a three part (15 minutes) video interview with NYU Professor Nouriel Roubini last week. You can find this interview on the FT Video site or via YouTube below. Roubini discusses his outlook for the US economy, housing and mortgages; the prospects for policy action. Nouriel is ... (original story)

A list it’s hard to argue with

Alpha, the glossy hedge fund magazine published by Euromoney-Institutional Investor, announced Monday that it is setting up a Hedge Fund Hall of Fame—or, more precisely, an excuse for yet another hedge fund awards dinner. (Not to mention one more chance... (original story)

Confidently Handling Legal Matters

People ask me what, exactly, we're doing here at Avvo. It's really quite simple - despite the stakes involved, consumers have precious little in the way of resources when it comes to getting legal guidance. The #1 source for consumer legal information is the Yell... (original story)

Will Time Warner (TWX) Buy CBS (CBS)?

Now that Time Warner (TWX) CEO Jeff Bewkes is accumulating a vast pile of cash from the spin-off of Time Warner Cable and the possible sale of AOL, what will he do with it? Speculation within the media industry is that he might buy CBS. This makes sense. CBS's stock has been smashed as investors ha... (original story)

What Happened To The Microsoft Rally?

So, what happened to the big Microsoft (MSFT) rally we were supposed to see today? It’s gone. While there had been speculation that MSFT shares would gain ground today on news that the company has dropped its bid for Yahoo (YHOO), the stock is nonetheless trading lower. Why? Well, I can think... (original story)








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