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New website helps moms in small business

BerryBestMoms.com features products made by mothers

There is a new website seeking to become the mother of all resources for entrepreneurs.

BerryBestMoms.com will help mothers that own small businesses bring their products and services to consumers interested in supporting them. The central location for products by and for active mothers hopes to highlight the creativity and ingenuity of the items. The site offers 120 different products from mothers all over the world, from Australia to the United States.

“We want you to love them too, and feel that the best way to make sure we are offering you the very best products is to keep ourselves, as a business, completely independent from manufacturing our own products, or advocating a specific political or religious point of view,” said founder Kim Lemmonds. “The only opinions that matter here are those involving the products we carry.

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Deflation: 1931 vs. Today

Casey B. Mulligan is an economics professor at the University of Chicago.

Deflation has returned this summer, but it’s still nothing like what happened in the Great Depression years of 1929-33.

During most of our lifetimes, the prices of things we buy have generally increased over time. We can name some exceptions, but otherwise most items (even houses) carry prices that are higher now than they were 10, 20 or 30 years ago.

This general increase in consumer prices — often called inflation — has become familiar. Employees expect regular pay raises, and employers can normally afford them because they are increasing the prices of the products they sell.

On rare occasions, consumer price trends suddenly change directions.

One occasion was 1929. Consumer prices were pretty constant during the 1920s. The ch

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Justice : AIG to pay 725 million dollars to settle US fraud lawsuit

US insurance giant AIG has agreed to pay 725 million dollars to settle allegations of market fraud brought by three Ohio pension funds, the state’s attorney general said Friday.

“The settlement resolves allegations of AIG’s wide-ranging fraud from October 1999 to April 2005 involving anti-competitive market division, accounting violations and stock price manipulation,” the office of attorney general Richard Cordray said in a statement.

Cordray declared the class-action settlement a victory for the “teachers, firefighters, police officers, and public employees,” who were “harmed by AIG’s misconduct.”

The company was accused of accounting fraud designed to boost AIG’s reserves to cover claims, a bid-rigging scheme with insurance brokers and executives ordering traders to inflate AIG’s stock price.

Cordray said it was the 10th-largest securities class-action settlement in US history. It is the latest blow

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Weather Warning – July 15, 2010: Heavy rain expected in Northern Ireland

The Met Office has issued on Thursday a weather warning in Northern Ireland from 14.00 to 21.00. Heavy rain is expected in locals areas like Antrim, Armagh, Derry, Down, Fermanagh and Tyrone.

“Heavy thundery showers this afternoon are expected to give accumulations of 15mm within a 3 hour period, with isolated accumulations through the afternoon and evening possibly as high as 50mm”, Met Office announced.
“The public are advised to take extra care and refer to TrafficWatchNI.com (operational hours 07.00 to 21.00 Mon to Fri and 09:00 to17:00 on Saturdays) for further advice on road conditions.”

Small businesses benefit from healthcare reform with tax cuts

Many small business owners will save money thanks to new healthcare legislation

Healthcare legislation will positively benefit small businesses in many states, thanks to advantageous tax credits.

In Colorado, 83 percent of small businesses will receive tax credits when it comes to healthcare, according to the Denver Business Journal. Despite the vast majority of businesses receiving some kind of benefit, only 25 percent of small businesses will get the maximum tax credit.

“Many small businesses – like the local diner, the hardware store down the street or the neighborhood repair shop – face special challenges in providing health coverage for their small number of employees,” said Ron Pollack, executive director of Families USA. “They will now receive substantial help.”

In Utah, more than 85 percent of businesses with fewer than 25 people will qualify for a federal tax credit in order to help pay for healthcare, the Salt Lake Tribune reports.

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Gun Control as Economic Stimulus

Federal tax revenue on the sales of firearms and ammunition rose 45 percent in the last fiscal year. That is the highest annual increase on record, according to a new report from the Treasury Department’s Alcohol and Tobacco Tax and Trade Bureau.

By comparison, the annual average increase for fiscal years 1993 to 2008 was 6 percent. Here’s a chart millions of dollars of firearms and ammunition excise taxes collected at the federal level over the last decade:

Alcohol and Tobacco Tax and Trade Bureau

Federal sin taxes had a good year last year in general. The

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California Residents Eligible To Win A 2010 Chevrolet Camaro Or $15,000 Cash

– Orange, CA – Dashers Insurance, a Calfornia based insurance agency has recently launched a new campaign promoting their company by giving away a new V6 2010 Chevrolet Camaro or $15,000 in cash.

To become eligible, participants must complete a quote request on their website http://www.dashers.com during the contest period of June 17, 2010 and August 14, 2010. This sweepstakes contest is open only to eligible California residents who are 18 years of age and older and who hold a valid USA driver’s license.

All eligible participants will be entered into a random draw to win their choice of either a V6 2010 Chevrolet Camaro or $15,000 in cash. The odds of winning depend solely on the number of entries received. The draw will take place at the corporate office of Dasher’s Insurance Services Inc. on 600 City Parkway West, Suite 800, Orange CA. Read more…

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