Ticking News

While some of the decrease has been caused by discouraged workers dropping out of the labor force, another driver is that the baby-boom generation is starting to move into retirement, according to economist Dean Maki. [1]

Dec. 2 (Bloomberg) — U.S. President Barack Obama, Bill Gross, co-chief investment officer at Pacific Investment Management Co., and Dean Maki, chief economist at Barclays Capital, offer their views on today’s jobs data and the outlook for the U.S. labor market and Federal Reserve monetary policy. [2]

“Demographic forces are the single biggest factor pushing the participation rate down,” said Maki, chief U.S. economist at Barclays Capital Inc. in New York and a former economist at the Federal Reserve. [1]

While some of the decrease has been caused by discouraged workers dropping out of the labor force, another driver is that the baby-boom generation is starting to move into retirement, according to economist Dean Maki. [2]

At play is a decline in the share of the working-age population, known as the participation rate, meaning that the economy needs to create fewer jobs to bring down unemployment. [...] Dec. 6 (Bloomberg) — The drop in U.S. unemployment so far this year may be an early glimpse of what’s to come as the workforce ages. [1]

While hiring ‘will step up somewhat in 2012,’ Maki said, even the current pace is enough to cause a ‘persistent decline’ in unemployment over the long term. [2]

The jobless rate, which was 9.4 percent in December 2010, declined to 8.6 percent last month, according to Labor Department data issued Dec. 2. [...] The policy implications may be more pressing, as Fed officials keep interest rates near record low levels for longer than may be required given the likely drop in the jobless rate. [...] The report also showed payrolls have climbed by 132,000 a month on average in 2011, around the pace most economists say would keep the rate stable as the population grows. [1]

Sources:
[1] Drop in U.S. Joblessness Is Early Sign of Coming Shift: Economy …
[2] Drop in U.S. Jobless Rate Sign of Demographic Shift - Bloomberg

Wall Street traders discouraged by declining bonuses this month can take solace: They still earn much more than brain surgeons and top U.S. generals. [1]

The logo of Swiss bank UBS is seen at the company’s office at the Bahnhofstrasse in Zurich in this July 1, 2009 file photo. [2]

Detroit City Council president Charles Pugh listens to a council member speak during a City Council meeting in Detroit, Michigan January 20, 2012. [3]

Facebook works on more than 2,500 kinds of phones. [2]

An oil trader with 10 years in the business is likely to earn at least $1 million this year, while a neurosurgeon with similar time on the job makes less than $600,000, recruiters estimated. [1]

The rupee fell to a record low of 54.52 against the dollar, before settling at 54.51, on a wave of global risk aversion amid worries over domestic fiscal and economic challenges. [2]

Visit Reuters India on your mobile device. [3]

It also threatens the future of UBS’s investment bank, which is being reviewed by chief executive Oswald Gruebel as part of a wide-ranging restructuring following heavy losses in the credit crisis and a damaging scandal over bankers helping rich U.S. clients dodge taxes. [2]

Bloomberg News has an article bemoaning what it says is the fact that brain surgeons and cancer researchers make less money than Wall Street traders. [1]

Adoboli — working as a director of exchange traded funds and Delta 1 trading, according to his profile on LinkedIn — was arrested during the night at UBS’s London office on suspicion of fraud, the sources told Reuters on Thursday. [2]

Sources:
[1] Traders’ Pay and Brain Surgeons’ :: The Future of Capitalism
[2] UBS $2 bln rogue trade suspect held in London | Reuters
[3] Detroit’s best-dressed man aims to mend Motown | Reuters

This entry posted in Fat, fat and more fat. [1]

Janice claims to be “kidding” about Tyra, but it sure didn’t sound like it! [2]

Thanks to Bean for making me watch this: The Tyra Banks Show in which she responded to the tabloids complaining that she’s gotten fat. [1]

Both of them are FAT COWS! [2]

As Tyra Banks boarded the plane (she’d been in Sydney doing a photo shoot for one of her TV shows), “the flight attendant goes like this,” recalls Banks, acting out someone eyeing her from head to toe. [3]

One minute she’s too fat, now she’s too skinny! [4]

Here’s a link to the youtube video of her speech, and here’s a transcript of an interview Banks gave to Larry King. [1]

You can’t have your cake and eat it too — that’s what got you in this predicament in the first place. [5]

Tyra Banks is real but I think she looked better when she was a little thicker.Maybe,the media got to her head,although on one of her shows she said that her and some of her friends are challenging each other to see who can lose the most weight the fastest. [4]

In fact, Banks says that since she retired from modeling in 2005, the number on the scale has fluctuated from 148 lbs. [3]

Sources:
[1] Tyra Banks Responds To Claims That She’s Too Fat | Alas, a Blog
[2] X17 Online - Tyra Banks - Photos & Pics | “Tyra Banks Is Fat”
[3] Tyra Banks: Weight Gain, Fat and a Picture ? iFitandHealthy.com
[4] TOO SKINNY??? Tyra Banks Loses 30 LBS . . . She Looks SKINNIER …
[5] Tyra Banks isn’t getting fat. She’s ‘expanding the definition of …

Many food allergies are first diagnosed in young children, though they may also appear in older children and adults. [1]

Food allergies are often misunderstood, even though societal recognition of, and education about, the condition is increasing. [2]

The cause of food allergies is related to your body making a type of allergy-producing substance called immunoglobulin E (IgE) antibodies to a particular food. [3]

Areas of research include anti-IgE antibody (omalizumab, or Xolair) and specific oral tolerance induction (SOTI), which have shown some promise for treatment of certain food allergies. [4]

Elevated levels of certain types of antibodies can help your doctor identify specific food allergies. [5]

A food allergy is an adverse immune response to a food protein. [4]

If you have a food allergy, your immune system overreacts to a particular protein found in that food. [1]

A food allergy occurs when your immune system responds defensively to a specific food protein that is not harmful to the body. [5]

Proper diagnosis of food allergies is extremely important. [1]

Symptoms usually begin immediately, within 2 hours after eating. [3]

Sources:
[1] Food Allergies | AAAAI
[2] Food Allergy Test, Symptoms, Diagnosis, Treatment, Prevention …
[3] Food allergy - PubMed Health - National Center for Biotechnology …
[4] Food allergy - Wikipedia, the free encyclopedia
[5] Learning About Food Allergies

RCA & Design is a registered trademark of RCA Trademark Management SA. [1]

It was those two men who opened up the doors for future Idols like Chris Daughtry and David Cook, making a competition that could have only attracted boy band types into something more three-dimensional. [2]

David Cook Album Discussion Forums - Talk About The Album, The Singles, & Chart Rankings Here. [3]

After completing his two album commitment with RCA, American Idol star David Cook faces the daunting task of going at it alone. [4]

With American Idol season 11 (!) kicking off tonight, it feels fitting to take a look back at how we got here: to a show anchored by superstar judges and a tireless host, a dream maker and taker and a platform like no other. [2]

He sang his new track The Last Song I’ll Write For You to millions of viewers last week and enjoyed a pretty positive response. [4]

19 & Design is a trademark of 19 Entertainment Ltd. Used under license. [1]

Discuss, review, and post media of events and appearances. [3]

Gavin DeGraw and David Cook have JUST announced a co-headlining national tour, which begins on Oct. 9th at Penn State University! [4]

From the first time a runner-up outsold a winner to the first eye-popping moment when Adam Lambert turned up the heat to 11, Idol has seen many game-changing contestants and performances in its decade on the air. [2]

Sources:
[1] David Cook | The Official David Cook Website | DavidCookOfficial.com
[2] 10 Top ‘American Idol’ Game Changers of All Time: Adam Lambert …
[3] David Cook. The Official Fansite For American Idol David Cook
[4] David Cook Breaking News and Gossip | PerezHilton.com