Bloomfield — Its a slice of prime real estate in downtown Bloomfield. Some would even call it the “linchpin” of a township project thats dragged on for a decade.

The plans call for building about 220 housing units, 60,000 square feet of retail space and a 440-space parking deck, all on a triangular plot across from the Lackawanna Plaza train station a key transit hub in the heart of a town that bills itself as commuter-friendly.

However, the 3-acre redevelopment known as Bloomfield Center has been mired in legal and money issues for years. The township has spent millions following court battles and now faces yet another lawsuit. B

Read more…

Editor’s note: Bill Goodwin is Premium Content Editor of IT magazine Computer Weekly

London (CNN) — Apple’s ground breaking technology and its uncanny ability to understand what consumers really want has propelled the firm founded in 1976 by Steve Jobs and his buddy Steve Wozniak to stratospheric heights.

Apple built its business on its highly desirable but niche Macintosh computer range.

Read more…

On 6^th August, 2011, S&P downgraded US credit rating from AAA to AA+. The fundamentals of US credit were going down for quite some time and it was just a matter of time before US credit rating would have downgraded. The rating agency also slammed US lawmakers for not taking the right action to solve the country’s mounting debt burden.

The rating agency has also warned that it can downgrade US credit rating to AA if the country’s lawmakers fail to cap the mounting debt, reduce the expenditure significantly over a period, and implement prudent fiscal policies. Thi

Read more…

Stocks rose in afternoon trading Friday after Federal Reserve Chairman Ben Bernanke said the U.S. is on track for long-term economic growth.

Trading volume was light, a sign that many traders were leaving the New York area ahead of Hurricane Irene. The storm is expected to reach the region late Saturday night. A spokesman for the New York Stock Exchange said trading is expected to open as usual on Monday.

Bernanke announced no new economic stimulus measures during his speech at a conference in Jackson Hole, Wyo. He left open the possibility of more action by the Fed if another recession looks likely.

Indexes fell sharply as the speech was released and it became clear that Bernanke was not promising additional support of the economy.

Read more…

This speech is more explicit than Bernanke’s, but likewise gives no suggestion of immediate action. Achieving maximum long-term growth

Speech by Jean-Claude Trichet, President of the ECB
at the Jackson Hole Economic Symposium
Panel: Setting priorities for long-term growth
Jackson Hole, U.S.A., 27 August 2011

The title of our panel today is Setting Priorities for Long-Term Growth. Given all of our recent struggles to regain our reference growth paths, it may strike some as something of a luxury to think about the long run; central bankers and policy makers have had to devote unprecedented attention to higher-frequency economic developments.

Read more…

Christmas in July!!! The Kindle version of A Trader’s First Book on Commodities is on sale for only $2.99, click here!!

Bargain hunters, profit taking by the bears, and a little bit of short squeezing of yesterday’s late sellers triggered an early morning rally. However, as the day wore on and traders were reminded of the looming debt fiasco, stock index futures faded gains.

I think I speak for all of us when I say, enough already. We’d all like to be able to move on with our lives and our trading…hopefully, a resolution will come along sooner rather than later. Perhaps something will materialize in the next 24 hours but I suspect we will be in the same situation come Monday morning.

Read more…

Sauceaholics is a culinary adventure store in Jacksonville, Florida offering over 600 choices of BBQ sauce, hot sauce, rubs, marinades, jams, jellies, chutneys, chips, salsas, simmering sauces, flavored whipped honey, relishes, condiments, t shirts, and smokin wood chunks/chips.

According to the owner, the idea came about a couple Christmases ago when he went online to buy salsas for his partner in their CPA firm.

The further I went, the more this exploded, he said. Theres a whole cult out there of people and their salsas.