Posts Tagged ‘economy’
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Money Minute: Economy, Deficit, Hot Dogs
BusinessMoney Minute: Economy, Deficit, Hot DogsMoney Minute: Economy, Deficit, Hot DogsThe ociated PressThe Fed’s new snapshot of business conditions underscored two big sore spots for the country: listless economic activity coupled with high energy and food prices. (June 11)The Fed’s new snapshot of business conditions underscored two big sore spots for the country: listless economic activity coupled with high energy and food prices. Those rising prices carry the risk of both spreading inflation and putting another drag on overall economic growth. Over the past week, Federal Reserve Chairman Ben Bernanke and his colleagues have been sounding an ever-louder alarm against inflation. Given those concerns, Bernanke has signaled the Fed’s rate-cutting campaign - started last September to bolster the weak economy - is probably over for now.————————-A flood of economic stimulus payments pushed the federal budget deficit to an all-time high of $165.9 billion in May. The Treasury Department says the May deficit was more than double the imbalance in May 2007. That number reflects $48 billion in payments as part of the government’s $168 billion economic stimulus plan. For the first eight months of the budget year, the deficit totals $319.4 billion, slightly below the all-time record for this period of $346 billion, set in the 2004 budget year.—————————-America’s two largest hot dog makers are waging a wiener war as grills fire up this summer, hoping to win over customers and secure the No. 1 spot atop the stagnating frank market.The latest round in the long-running feud comes as Kraft Foods’ Oscar Mayer brand gives its signature hot dog a makeover aimed at stealing momentum from Sara Lee’s Ball Park Franks.Kraft hopes its reformulation - its first in 20 years - and a massive promotional campaign attract new customers and their palates with a zestier, meatier recipe. May the best dog win. I’m Mark Hamrick with AP Money Minute ___ ___, The ociated Press.(****END****)
Duration : 0:1:30
Missed Fortune Radio - The Hot Dog Stand
In this excerpt from the “Missed Fortune Radio with Doug Andrew” program (aired 28Mar2009), Doug discusses the power that attitude plays in the fate of a successful hot dog stand.
Visit us at missedfortuneradio.com or call 888.76-RADIO for more information.
Duration : 0:2:30
Watch more at http://www.theyoungturks.com
Hot-dog Vending gets Trendy in Struggling Economy
The hot dog business is up 25 percent, and it’s especially hot between Memorial Day and Labor Day, which is when Americans eat about seven billion hot dogs.
Duration : 0:1:38
Ashley gives some budget advice to her viewers.