I always love it when Main Street wakes up to the importance of exchange rates.
According to the New York City Film Commissioner, there has been a 36 percent increase in movies made in New York since 2002. Tax incentives and a favorable exchange rate has made filming movies in the US far […]

Posted in weak dollar earnings 1 Comment »

Found this great article online

REARDAN, Wash. (AP) — Mom-and-pop service stations are running into a problem as gasoline marches toward $4 a gallon: Thousands of old-fashioned pumps can’t register more than $3.99 on their spinning mechanical dials.
The pumps, throwbacks to a bygone era on the American road, are difficult and expensive to upgrade, and […]

Posted in Oil No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 5:01 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
US Retail Sales Report - Better Components
Wal-Mart Net Rises on Discounts; Second-Quarter Profit May Trail Estimates
UK Consumer Prices Stronger than Expected
Fed Comments:
Bernanke Says Markets Remain […]

Posted in Forex Podcast, FX Radio No Comments »

Even though retail sales decreased 0.2 percent last month, the US dollar skyrocketed on the report because excluding autos, sales actually increased 0.5 percent. Interestingly enough, despite the rise in gasoline prices, gas station receipts actually fell. This suggests that Americans are driving less and buying fewer cars. This weekend, the NY Times […]

Posted in retail sales, consumer spending, US Economy, US Dollar No Comments »