01/29-31/10. At the end of December 2009, unemployment in Illinois ranked officially at 11.1%.
01/29-31//10. Gross Domestic Production or GDP in the U.S. was up 2% from 3.7 to 5.7% in the last quarter of 2009. The reason was U.S. Industry in the U.S. reduced their inventory accounting for the GDP increase. Companies are still uncertain what government will charge them in fees and taxes in the future. People of America are still concerned about lack of employment thereby Americans are not spending. More to come, stay tune.
01/29-31/10. 3 million people in the United States has lost their jobs in the United States in 2009.
01/29-31/10. President Obama told reporters that all U.S. combative soldiers in Iraq will be home by the end of August 2010. More to come, stay tune.
01/28/10. The National average for a gallon of regular grade gasoline in the United States is $2.65
01/28/10. President Obama a plan to assist Community Banks with $30 million dollars of tax money. More to come, stay tune.
01/28/10. Federal Reserve Chairman, Bernanke to be confirmed by the U.S. Senate later today. More to come, stay tune.
01/27/10. With an acceleration problem, Toyota has suspended the sale of half their models at their U.S. Toyota Dealerships. Also, two rental companies have stopped renting Toyota's to their customers. National Rent a Car and Avis. More to come, stay tune.
01/27/10. Since January 19th, 2010, U.S. Banks have suspended loans to China and their industries. U.S. Banks are concerned that the Chinese Economy may encounter a FINANCIAL BUBBLE. Always check with your financial advisor and/or your financial attorney before investing any of your money. More to come, stay tune.
01/27/10. Tonight at 7p.m., President Obama will have his State of The Union Address. More to come, stay tune.
01/27/10. The IPad has been unveiled today by Apple. It has 143,000 Applications. The price range is $530 to $800 dollars. The CEO, Steve Jobs is looking to control the internet by having his fans purchase the IPad. The IPad currently use the Apple Internet platform only. That is the true function of the new Apple IPad. More to come, stay tune.
01/27/10. In Chicago, Wacker Drive will get a $366 million dollar makeover. Govenor Quinn has announced that the construction should take about three years. More to come, stay tune.
01/26/10. Yesterday, the first person to participate in the United States 2010 Census was a World War II Veteran named Clifton Jackson. He resides in a Inupiat Eskimo town of 650. The Director of the U.S. Census, Robert Groves conducted the person to person interview. The U.S. Census is very important for the future of America. It is held only once every ten years. Make sure you participate in this decade's Census. The form used in this Census is one of the easiest forms ever used. It is a form with only 10 questions and takes no more than 15 minutes to fill out. So please, participate. Everyone participates. Citizens and non-citizens. Jim Liceaga
01/26/10. So far in The United States, 1 million home owners have requested mortgage modifications since the summer 0f 2009. Only 60,000 home owners who sought mortgage loan modifications have been successful or have been accepted for modifying their mortgage. More to come, stay tune.
01/26/10. 1.7 million Americans lost their jobs since President Barack Hussein Obama took the oath of office of The United States.
01/26/10. 17.4 million home owners will be considered underwater/nonsolvent by the 3rd quarter of 2010.
01/26/10. Currently in The United States, Women make more money than their husbands. In 1970 only 4% of women made more money than their husbands.
01/25/10. Ford to add 1,200 workers at their plant on the South side of Chicago. Ford builds the Exployer at this plant. Ford plans to spend up to $4 million dollars to improve this plant.
01/25/10. The United States has given Haiti $259 million dollars in 2008.
01/25/10. The United States 2010 Census starts today in Alaska. More to come, stay tune.
01/25/10. The National average for regular grade gasoline is $2.72 cents per gallon. Regular gasoline is UP 87 CENTS FROM THIS TIME LAST YEAR IN 2008.
01/25/10. Existing Homes sales for the month of December 2009 was at a 40 year low. DOWN 16.7%.
01/25/10. McDonalds will offer Regular Dr. Pepper at all their restaurants by the end of 2010. Diet Dr. Pepper will be offered in half of all McDonolds restaurants by the end of 2010. Dr. Pepper turns 125 years old!
01/23-24/10. 88,000 jobs at Chrysler auto dealerships were lost in 2008.
01/23-24/10. Democrat Illinois Govenor candidate, Dan Hynes proposes a tax hike for families who earn $200,000 and up. From 3% to 3.5%. Anyone who earns $1 million dollars or more will be taxed at 7%. More to come, stay tune.
01/23-24/10. 50,000 children live as orphans in Haiti. More to come, stay tune.
01/23-24/10. 2,000 Auto Dealerships in the United States have been closed last year in 2009.
01/22/10. Today is the last day for The Tonight Show with Conan O'brien. He was given $44 million dollars to pay off his contract with NBC. $11 million dollars will go to his staff. So, after all is said and done, Conan will get $33 million dollars for finishing up his three year contract with NBC. NBC will allow Conan to get back on television sometime in September 2010. More to come, stay tune.
01/22/10. Illinois has the 2nd worst Bond Rating in the nation. California is the worst.
01/22/10. The Govenor of Illinois told a panel of reporters in Illinois that he is willing and if he is elected will raise taxes on people who earn $60,000 per year. More to come, stay tune.
01/21/10. So far, $300,000 million dollars has been donated by American companies and American people to the people of Haiti. More to come, stay tune.
01/21/10. 50,000 Temporary Job hires in the United States in December 2009.
01/21/10. Foreclosures UP 21% since the end of 2008 in the U.S. The number of Foreclosure Notices that were mailed out to American Home Owners last year was 2.8 million. Bankers expect higher/increase number of Foreclosures in 2010. More to come, stay tune.
01/21/10. President Obama will address reporters today to explain new proposals he will push in Congress for NEW BANKING REGULATIONS regarding fees. So far The United States Government, under President Obama has made lots of interest off tax payer money banks borrowed under the U.S. Stimulus Plan. More to come, stay tune.
01/21/10. In the U.S., December 2009 Retail Sales were DOWN 4%.
01/20/10. In Massachusetts, Republican Scott Brown has been elected to the United States Senate! He beat the Democratic Candidate, Martha Coakley who was leading by 20 points in late December 2009. Democrats are blaming President Barack Obama for not sending the right message to Democrats and Independents to get out the vote for his candidate, Martha Coakley. The President isolated Blue Collar Democrats by making fun of Scott Brown's use of his own American made Pickup Truck in this campaign. His truck has over 200,000 miles which he has used every day. President Obama told Coakley supporters at a rally that anyone can buy a truck. The President forgot that 22% unofficial figure and an official figure of 10% are unemployed in the United States. Union members around the nation encouraged some of their Union brothers and sisters in the State of Massachusetts not to vote for President Obama's candidate, Martha Coakley. The Health Care Bill Democrats are backing could be in big trouble. Possibly fail. Democrats will need Republicans to reform Health Care in The United States. Democrats do not have the vote without a possible Fillibuster in the U.S. Senate. Congratulations Scott Brown. He will fill the vacated seat of Ted Kennedy who held that post for 47 years. Ted Kennedy passed away last year. Top Blue Dog Democrats say they will seat Scott Brown right away in Senate Chambers. Republicans will have 41 U.S. Senate seats and Democrats 59 U.S. Senate seats. More to come, stay tune.
01/20/10. The Tonight Show host, Conan O'brian could be offered a settlement in the amount of $40 million dollars. NBC reports this includes money for his staff. More to come, stay tune.
01/20/10. The IRS over the weekend has legalized all or any donations for the relief fund of Haiti as fully Tax Deductible. More info, stay tune.
01/19/10. Democrat, Martha Coakley v. Republican, Scott Brown. These two are the candidates involved in a Special Election to fill the Massachusetts U.S. Senate seat vacated by the LION, Teddy Kennedy who passed away from brain cancer last year. More to come, stay tune.
01/19/10. It is estimated that 2,000 to 5,000 U.S Citizens were killed by the 7.3 massive earthquake in Haiti last week. As of today, 1,000 U.S. bodies have been recovered. More to come, stay tune.
01/19/10. 24,000 Chrysler vehicles have been RECALLED for a brake pin failure. Call your nearest dealer to find out if your automobile is on their RECALL List.
01/19/10. The national price for regular grade gasoline is $2.72 cents per gallon. More to come, stay tune.
01/19/10. In Haiti, 1.5 million people had their homes/dwellings destroyed. So far 70,000 Haitians dead bodies have been recovered and are/or will be placed in mass graves. It is estimated that a total of 200,000 Haitians have been killed by the 7.3 massive earthquake last week. The United States has told reporters that $100 million dollars will be available to the Haitian Government to rebuild. It will be close to $500 million dollars the U.S. State Department has indicated. As of today, two airports have been cleared and are up to full operation to take in relief planes loaded with needed material the Haitian people need. More to come, stay tune.
01/19/10. A total of fourteen Chicago Special Education, Grammer Schools and High Schools are to be closed, consolidated and/or their entire staff replaced. It is reported that a school in question has only a 3% Illinois State academic test passing rate. One of the schools has only a 50% attendance average for the year. The recommendations to change these schools will be debated in Chicago City Council. More to come, stay tune.
01/18/10. Happy Martin Luther King Day! The United States Stock Market is closed today.
01/16-17/10. A new and competent fund raising effort has been started by the 42nd and 43rd Presidents of the United States. Their website for you to donate to the relief of the Haiti people is www.clintonbushhaitifund.org Make sure to donate your hard earned money to an honored and trust worthy Haiti relief organization. The above organization is that organization to support the poor people of Haiti. President Obama needs all the help he can get. These two former Presidents have that executive experience Presisent Obama needs now to fix his problems in Haiti. God Bless President Obama, former President Clinton and former President Bush. Haiti is the poorest country in our Hemisphere. Lots of corruption and warlords run this country. Compassion and Action is what is needed to support the Haitian People.
01/16-17/10. So far 180 tons of relief has landed in Haiti. Unfortunately, after 5 days since Haiti's massive earthquake, most of this relief has not been distributed to the suffering people of Haiti. Everyone is frustrated. President Obama is disappointed and does not understand the delays. More Haitians are dying everyday that this relief does not make it to the people of Haiti. President Obama told the American public to pray and have faith in his management/executive decisions on getting the food, water, equipment to the Haitians before more die. Five days is just to long for the poor Haitians to wait. Why? That is the question everyone has over this weekend. More to come, stay tune.
01/15/10. Today we honor the Birthday of Martin Luther King Jr. He was a Great Civil Rights leader.
01/15/10. Long term unemployment in the United States is at 22%. These are people who have been out of work for over 12 months.
01/15/10. The average price of gasoline in Chicago, Illinois is $2.85 per gallon.
01/15/10. A Barrel of Oil this summer is expected to increase to $90 per barrel. Currently we are under $80 per barrel.
01/14/10. President Obama to impose a special FEE or NEW TAX U.S. Banks. The largest banks. No more detail has been released. The President is calling this new fee the"FINANCIAL CRISIS RESPONSIBILITY ACT". President Obama to raise $90 billion dollars over the next 10 years. 60% will be raised from big banks and the rest will be raised from FANNIE MAE and FREDDIE MAC. More to come, stay tune.
01/14/10. Foreclosures in the United States is up 21% from the end of 2008. More foreclosures to continue this year in 2010. So far in 2010, 2.8 million home owners have received a foreclosure letter.
01/13/10. Jordan receives about $650 million dollars from the United States for military expenditures. Half of Jordan's population is Palestinian refugees. More to come, stay tune.
01/13/10. Currently ETF's have about $800 Billion dollars in assets. ETF's will increase about 45%. Emerging markets are hot! Warning. Always check with your professional stock broker and financial lawyer before investing any of your money.
01/12/10. Sarah Palin starts her new job on FOX TELEVISION tonight. She will be hosting a conservative talk show.
01/12/10. Haiti has experienced a 7.3 Mega Earthquake. No number on the number of victims from this quake. A hospital has collapsed. Officials are waiting for an after quake to occur. Also a Sunami is expected. Stay tune.
01/12/10. Retail Markets should increase 3% to 4% this year in 2010.
01/12/10. NBC's Tonight Show host Conan O'Brian has sent a legal letter to NBC stating he is not interested in the 12:05am time slot for his show.
01/11/10. The Mortgage Bankers Association predict that Mortgage applications/originations will pludge 40% to 45% this year in 2010.
01/09-10/10. December's 2009 Unemployment rate in the United States is 10%.
01/08/10. Catholic Priest in Joliet, Il. jumped off the Churches roof. He tried to kill himself. He is being investigated for child abuse.
01/07/10. The TSA Budget in 2010 to INCREASE $7.7 billion dollars from their 2009 Budget.
01/06/10. New Home Sales DOWN 16%.
01/06/10. 25% of Home Mortgages in the United States are under water, meaning that these loans are not being paid on a monthly basis.
01/06/10. In 2008, 588,000 mortgages in the U.S. DEFAULTED.
01/05/10. IRS to implement new rules for tax preparers starting in 2011. Tax preparers will have to register and take IRS test. A License to prepare taxes. Expect higher fees to have your taxes prepared. Three out of Five people in the U.S.A. have their taxes prepared. The big tax companies like H&R Block have been trying get this law implemented since 1970. More to come, stay tune.
01/05/10. Ford December 2009 Auto Sales Up 23.3%. Chrysler Auto Sales Down 10.5%. More to come, stay tune.
01/05/10. Today, Google launches their 1st smart phone, called the Nexus One phone. Gives a plat form for Google's advertisement division. This smart phone is considered "UNLOCK Phone", or known as an "OPEN SYSTEM" Type Phone. You can take this phone to any carrier or phone system provider. More to come, stay tune.
01/04/10. General Motors has 8 to 10 months of inventory in the U.S. Market of Auto Sales.
01/04/10. Pakistan's Central Bank cut its benchmark rate by half a percentage point to 12.5%.
01/03/10. The Annual Rate of inflation in South Africa fell by 0.2% percentage points to 5.9% last year.
01/02/10. Late last year, Vietnam's Central Bank devalued the Dong by 5.4% against the dollar and raised its benchmark interest rate by one percentage point to 8%.
01/01/10. HAPPY NEW YEAR 2010!
"YYYC" will be reporting news again this year. Thanks for checking in with us. We appreciate you for that. Jim Liceaga
12/23/09. We had a problem with our ISP over the last 45 days. "YYYC" will be updating our MARKET DATA THIS WEEKEND. THANK YOU USING AND VIEWING OUR WEBSITE. Jim Liceaga : )
August, September, October, November, & December 2009 10/01-31/09. We at "YYYC" have added the news report from "NPR". We hope you enjoy it. I will be at times adding some commentary in my "FINAL THOUGHT" series. Thank you, James Liceaga
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