BusinessNewsForKidsTM.com

“Today Shapes Tomorrow

Published Every Monday Since 2007   | Volume 576 |
December 4, 2017

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"...you need money to buy things; you earn money by working; you may have to wait to buy things you want; and there is a difference between things you want and things that you need..."
Time Magazine, Nov 30, 2015
Article - Your kid's financial education should start much earlier than you think - By Dan Kedlec
 
 Little Laughs!
Knock...Knock...Who is there? FedEx...FedEx who?
FedEx will be there tomorrow!
 
What is the worst kind of cat? 
CAT-astro-phe !

What do you get when you cross snowman with vampire
Frost-Bite.
 
What kind of Bill can you breath?
Billionaire.
 
Why did Dino go to the hospital?

Because he was (Dino) "Saur".
 
How do you make eleven even?

Take away the "el."

_________

How do you make seven even?

Take away the "s"

_________

Why did the chicken cross the railroad track?

Because it wanted to get to the Chick train.

_________

What is a duck on the 4th of July?

A Fire-Quacker!!

___________

Knock, Knock...Who is there?Banana...Banana who?  Banana...Banana who?Banana...Banana who? OR-ange...Aren't you glad I didn't say banana?

___________

Are you 5?

No! I am not 5!  I am 4.95 plus shipping and handling!

__________

Knock knock...Who is there?  Panther!Panther, who?   PantH-or-no-PantH I am going Thwiming!

_________

Laughs above are credited to kids and various sources.
 

Business fun facts!

 

Do you know the ancestry of American people? It is a melting pot of immigrants from all over the world. This trend continues even today. These immigrants make America what it is today and are an big part in the success of businesses today.

There are over 320 million Americans today. Ancestry of Americans include: Germans over 14%, African American 12%, Irish 12%, English 8%, Mexican 8%, Italian 6%, Hispanic 5%, French 4%, Polish Scottish, Dutch, Norwegian, Scotch-Irish, Native American, and Swedish are between 1-3% but add up to 11%. The rest are from other various countries.


In 2008, $3.3 Trillion was the total loss in value for the US housing market. In early 2006 housing market value was close to $9.4 Trillion..so almost 1/3rd of housing market value was lost due to housing, credit, and financial crisis!

Since 2008, close to 12 million jobs have been added to the job market! This has allowed many Americans to get back on track and recover from the recession. Unemployment rate is now below 5% from almost 10% in 2009 when financial markets caused the recession!
 
     
Markets close lower for the week

The DOW closed down 95 points or 0.4%, the S&P500 was down 6 points or 0.2%, and NASDAQ was down 57 points or 0.8% for the week ending December 8th.  The oil closed at $57.34 per barrel down $0.95 or 1.6%. 

The DOW stayed above 24,000  which it crossed on Nov 30th.  Investors are now waiting to see how the Senate and the House bill will be reconciled into a final version for the President to sign it to the law.  It is expected that the President will sign it before Christmas.

So far this year the DOW is up 23.1%, S&P500 is up 18.4% and NASDAQ is up 27.1%.


 
     

US adds 228K jobs in November.  Unemployment rate stays flat at 4.1%

The U.S. Labor Department reported that in November 228,000 jobs were added. The unemployment stayed at 4.1%.  It is a clear sign that US economy continues to expand since the last recession in 2008 due to bad banking loan crisis when close to 9 million jobs were lost.




Source: WSJ, NYT, Bureau of Labor Statistics(BLS)

The annual weekly wages in November rose 3.1 (from 2.4% in Oct, and Sep at 2.9%.) This is the first increase over 3% since last seven years.  Typically when the demand for workers increase, wages rise, which is the case here, however, experts and economist alike are puzzled that given the unemployment rate being so low the wage growth should be much higher than what is seen now.  In 2016 US witnessed that supply of available workers started to dwindle which in turn made employers to pay more to attract the right workers.  This trend seems to continue in 2017 which is a  good sign for the economy and workers!  

  • Also read Volume 177 how Supply and Demand changes effect price? It applies to the Labor demand and supply as well.
  • What is Full Employment?  Is it a good or bad thing? Click here for Volume 529.

  • Currently, about 62.7% of Americans are in the labor force.

  • College or higher education unemployment rate is lowest at 2.5% while high school or below hovers around 5 to 7.5%
  • US population                     = Approx 320M

  • Kids (not working age)          = Approx 60M

  • Total people available to work = Approx 255M (315-60)

  • 62.7% of the total available people (260M) are in the Labor Force numbers = Approx 163M and the rest about 94M Americans do not work and are not counted in the Labor Force numbers.

   
     
How the DOW crossed major milestones in 2017?
   
     
Emigration to America
There are over 320 million Americans today. All emigrated from rest of the world except the Native Americans, who now only make up less than 1% of the U.S. population. 


How 99% Emigrated look like?
(it includes slaves, not emigrated, but brought to US through coercion and force)


Ancestry of Americans can be traced to Germans ~14%, Africans ~12%, Irish ~12%, English ~8%, Mexican ~8%, Italian ~6%, Hispanic ~5%, French ~4%, Polish Scottish, Dutch, Norwegian, Scotch-Irish, Native American, and Swedish are between ~1-3% but add up to ~11%. The rest are from other countries.  US is the only country in the world which has such a unique strength of diversity.  About 60% identify as White, ~17% as Latinos/Hispanics, ~13% as African/black, Asians ~5%, and the rest are other races.

Source - Various websites with immigration data, PEW research, and CIA World fact book
   
     
 

Thank you for your feedback and comments! contact@businessnewsforkids.com


 
   
Tip!: Try moving your mouse over active definitions, such as, on the right side DOW, S&P500, NASDAQ, which will open up a pop up with details so you can learn more!  
   
Learn more about...

 

 

Emigration in America -

1% Natives Americans but 99% came from rest of the world

Click here for Volume 575.

   

What is Full Employment?  Is it a good or bad thing? Click here for Volume 529.

   

During which President economy and jobs were better than others? How did Obama perform? Click here for Volume 529.

   

How do the Economy(GDP), Tax(Government tax & spending), and Budget Deficits turn into $17T in Debt? Simplified Explanation Volume 470.

   

What is the US debt ceiling, which president helped to create this debt, and to who do we owe this money? Volume 360.

   
What was your stock pick performance in 2016 and the last 10 years from 2007-2016? (Volume 530)
   

What is inflation? Volume 11.
   

What is Credit History? Why is it important to have a good credit history? Volume 12.

   

.

What is Economy, Business, Workers, Goods, Services, Stock, DOW, S&P500, and NASDAQ in Volume 16
   
Does it pay to study hard? Volume 17.
 

What is Currency and Foreign Currency Exchange rate? Volume 14. What is stronger or weaker currency? Volume 20. What does the dollar slide mean? Volume 32.

 

How does money grow in a bank? Volume 21.

 

What is Fed Funds rate and Discount rate? Volume 22

   

What does the interest rate cut mean for you? What is APR? Volume 23

 

How to read stock information? Volume 25.

   

What is the "Black Monday"...Crash of 87"? Volume 31.

   

Compare the Great Depression and the 2008 Recession


Source-CNN, Federal Reserve, Commerce Department, and estimates

Compare the Great Depression to the 2008 Recession? Volume 114.
   
What is a Recession? What is a Depression? Volume 48.
   
What are the Consumer Price Index (CPI) and Producer Price Index (PPI)? Volume 48
   

Why is consumer confidence so important? Volume 64.

   

What are expansions and contractions in Service and Manufacturing? Volume 389
   

Who are the CEO, CFO, Shareholders, and the Board of Directors? What is SOX? Volume 33

   

What does "$4.95 + Tax" mean? Volume 47

   

What is Mergers & Acquisition (M&A)? What is a Merger? Volume 49.

 

ADR (American Depository Receipts)

What is ADR? Volume 62.

   

What does buying back shares mean? Volume 63.

   

A fun way to start a Lemonade Stand and Learn about Business too! Volume 142.

   

What is Supply and Demand? Volume 177.

   

What is Q.E. - Quantitative Easing? Volume 343.

Who is working and who is not? Volume 354.

   

Do you remember September 2008 (after 5-Yrs)? What is the status of government loans (TARP)? Volume 355.

Which country is in heavy debt...see the debt as a % of GDP by country? Volume 358.

 

What is "Taper" or what does "Fed Tapering of Q.E." mean? Volume 369.

 

Who is the new Federal Reserve Chair? Volume 382.

 
We use multiple information resources, such as, news websites, company websites, stock exchanges, newspapers, text books, and other educational resources.


Source: Bing.com, Microsoft Clipart, etc.

Dec 4-8, 2017

Weekly Stock Market

Markets Up or Down?

Random Walk of stocks?

Buy Low? or Sell High?

Index (YTD%)

Change

Last(adj)

DOW (+23.1%)

Down 95

24,329

S&P500(+18.4%)

Down 6

2,652

NASDAQ(+27.1%)

Down 57

6,840

 

 

 

Foreign Exchange Rate

$1 is equal to

Currency

Change

Last

Euro (€)

European Union

-0.01

0.85

Yen (¥)

Japan

-1.26

113.39
9

Pound (£)

United Kingdom

0.00

0.75

Yuan ()

China

-0.01

6.62

Rupee (Rs.)

India

0.04

64.47

 

Your Favorite Stocks

Portfolio is +23.5%  vs. 

S&P500 +18.4%

Company

Bought one stock in Jan-17

This week stock is?

Your gain or loss?

$104.2

$104.2 $0.0
(0.0%)

$73.7

$66.5 -$7.2
(-9.7%)

$121.7

$173.2 +$51.4
(+42.3%)
$115.8 $169.4 +$53.6
(+46.2%)
 
 
 
 

Business News For Kids

Recommended Links

Learn what is Foreign Exchange, how it is traded, and how FXCM helps to facilitate Forex trading.
 
Business Study - Getting Together
 
Business Guide for Kids
 
Little Entrepreneurs: Business For Kids -BSchool.com
 

Teaching Kids Entrepreneurship