Top 10 Key Business Trends Data Points for Today
to open islands in virtual world AP
IBM Corp. is launching an ambitious marketing campaign in the hip virtual world "Second Life." Second Life is a subscription-based 3-D fantasy world devoted to capitalism — a 21st century version of Monopoly that generates real money for successful players. More than 1.95 million people worldwide have Second Life characters, called avatars.
iTunes music sales collapses in H1: survey
Sales at Apple's online music shop iTunes Music Store fell off a cliff in the first six months of 2006, according to a recent survey. Since January 2006 the number of monthly iTunes transactions has declined 58 percent, while the average size per purchase declined by 17 percent, leading to a 65-percent overall drop in monthly iTunes revenue, market research group Forrester said in a survey among North American consumers. Apple's iTunes Music Store is the most popular online music store in the world and Apple said it has sold over 1.5 billion music tracks and tens of millions of TV shows and movies.
IBM Corp. and Yahoo Inc. are teaming up to offer a free data-search tool for businesses, a quirky move challenging Google Inc. and other corporate-search specialists in a blossoming market. IBM already sells a business-focused search product, OmniFind, that lets organizations comb through internal documents.
Three-Fourths of U.S. Active Internet Users Connect via Broadband at Home
in November, According to Nielsen//NetRatings - Market
Nielsen//NetRatings, a global leader in Internet media and market research, announced today that 78 percent of active home Web users connected via broadband during the month of November, up 13 percentage points from 65 percent of active Web users a year ago.
Report: Mortgage applications rise to 1-year high
Sales Watch WSJ
Economists estimate sales -- adjusted for seasonal swings -- rose by about 0.2% in November from October, and 0.3% excluding autos. That works out to year-over-year growth of a little more than 4% for both categories, which is pretty tepid. Strip out the volatile gas category, and retail sales look stronger.
The U.S. federal budget deficit is showing a slight improvement through the first two months of the 2007 budget year, although the imbalance is still expected to exceed last year's figure. The reported Tuesday that the deficit for November totaled $75.6 billion, down from a deficit in November 2005 of $83.1 billion. Through the first two months of the current budget year, which began Oct. 1, the deficit totals $124.9 billion, down 4.2 percent from the $130.3 billion in red ink run up in the same period last year.
job activity little changed in October: Labor
U.S. job openings, hires and job turnover rates were little changed in October, the Labor Department said on Tuesday. The 3% job openings rate was unchanged from the previous month and little changed since November 2005, the department said in its latest Job Openings and Labor Turnover Survey (JOLTS).
dip on Fed interest rate decision
Wall Street pulled back Tuesday, finishing slightly lower as investors grappled with an economic assessment by the Federal Reserve that warned yet again of inflation risks and reported a substantial slowing of the housing sector. As widely expected, the Fed has left the interest rate unchanged at 5.25%.
cars fly? Small ones can, right off the lot