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Strong New Job Growth Confirms Recession Is Over

Economic data released today showed stronger-than-expected new job growth. The new US jobs numbers beat projections of eight jobs created and came in at 12 new jobs for the first quarter 2011. Wall Street reacted positively to the news with the Dow Jones finishing the day up 147 points. The NASDAQ rose three percent to … Continue reading

Santa Fired From Kringle Enterprises!

The sluggish economy dealt another blow today when Kringle Enterprises announced that they had fired their celebrity CEO Kris “Santa” Kringle. For decades, the company had been a leader in the toy industry but has been in the red for the last 12 years and has suffered crippling setbacks recently. Citing a lagging economy and … Continue reading