Spend Matters Afternoon Coffee

I love The Onion so much.
Remains Of Ancient Race Of Job Creators Found In Rust Belt -- A team of leading archaeologists announced Monday they had uncovered the remains of an ancient job-creating race that, at the peak of its civilization, may have provided occupations for hundreds of thousands of humans in the American Northeast and Midwest. According to researchers, these long- forgotten people once flourished between western New York state and Illinois, erecting highly distinctive steel and brick structures wherever they went, including many buildings thought to have held hundreds of paid workers at a time.

So what next?
Drying Off Thailand's Supply Chains -- One conclusion to jump to would be that these companies have been sloppy in their risk management. Some Honda executives probably do feel a bit foolish at the moment for having based their Thai production at an industrial park to the north of Bangkok in the middle of what is now the flooded zone; the company may be forced to delay the roll-out of at least one new model, and the stock has taken a hit. Other automakers based their main assembly facilities at sites that are not flooded. But they still made themselves dependent on components manufactured in regions that are underwater, so they're in trouble anyway. Surely it's a mistake that global production in automobiles or electronics--another supply chain with links in Thailand--is allowed to slow down due to a flood in Southeast Asia.

Oh yeah! It's almost time to get up at 4am and buy electronics!
Who's Hiring the Most This Holiday Season -- According to a survey of 2,700 hiring managers and human resources pro's, 30% of retailers are planning to hire extra seasonal help this year and employers across the board expect their holiday hiring to be roughly the same as last year. In addition, the pay for these workers is rising, and a third of employers surveyed said they plan to keep some of their seasonal workers on staff permanently after the holidays. The online survey was conducted from Aug. 16 through Sept. 8, by Harris Interactive for jobs website CareerBuilder.

Meat is expensive. Everyone is eating it anyway.
Meat Prices Continue Their Bull Run -- Here's food for thought: Despite being fed a steady diet of conflicting news about the global economy, consumers around the world are still tucking into pricey steaks and juicy pork chops with gusto. U.S. exports of beef and pork are on pace to set records this year, and domestic demand is rebounding with surprising strength, indicating that slower growth world-wide and high unemployment at home haven't choked off appetites for some everyday luxuries.

Sheena Moore

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