Unemployment Rate Inching to 10%
July 17, 2009 by Stephen Kersey
Filed under Business News
Not long ago, there were hopes that the unemployment rate in the United States would stay below 10%. Now it’s simply a matter of when rather than a question of if.
Fifteen out of the fifty states already have a 10% unemployment rate. Many other stats are right of the verge of hitting double figures.
Michigan has been the hardest hit, which isn’t surprising since the state has relied so much on the auto industry over the years. With GM and Chrysler both bankrupt, many Michigan workers lost their jobs. Currently, Michigan has an unemployment rate of over 15%.
Other states that have …read more
Amazon Dodging Taxes by Dropping Affiliates
June 29, 2009 by Mark Ellis
Filed under Business News
Rhode Island just passed a law that forces companies to collect sales tax if they are affiliated to businesses that take a commission from links to another e-commerce website. The passing of this law has forced Amazon to drop its relationship with its marketing affiliates based in Rhode Island so that it would not have to collect sales tax in the state.
This is just off the heels of North Carolina’s passing of a similar law. Amazon responded similarly, dropping its North Carolina affiliates so that it would not have to collect sales taxes. Amazon may have to drop quite a …read more
Election Results – State by State – Part 3
November 6, 2008 by maddy
Filed under Business News
Some States (such as Vermont) will not post election results until they have been verified and approved, luckily for us, most other states are happy to release the unofficial data. here are a few more links to state results…
Rhode Island
Wyoming
Hawaii
Washington
Montana
Virginia
Kansas
Tennessee
New Mexico
South Dakota
Ted Kennedy and his political family – the New Generation.
June 20, 2008 by maddy
Filed under Business News
Today Ted Kennedy’s family is still involved in politics, especially his son, Patrick J. Kennedy.
In 1988, when Patrick was just 21 years old, he won a seat in the Rhode Island State Assembly. He was, at the time, still a student at Providence College.
In 1994, Kennedy, the younger, set his sights on a national office. He ran for, and won the race for Rhode Island’s first congressional district.
Similar to his father, Patrick Kennedy serves on the House Labor, Health and Human Services and Education Committee and is an advocate for affordable health care.
This post is part of the b5media Business Channel …read more





