January witnessed a decline in the unemployment rates for New York City and the state, giving a bleak signal that the ripples of layoff sett off by the recession may be receding.
According to the figures issued by State Labor Department, New York’s official unemployment rate has fallen to 10.4% in January from 10.5 % in [...]
Tej Kohli Business blog keep tabs on the latest business and financial news in the U.S and the rest of the world. The Senate is likey to pass the $35 billion jobs bill today, here’s a report by Tej Kohli -
An employment promoting bill which is expected to pass the senate today will give new tax breaks [...]
Grossing more tham $36 million in sales in its sixth week, Avatar is rated the top movie and the second highest Hollywood grosser of all time in the US and Canada.
Sony Corp.’s Legion grabbed the second spot with sales of $18.2 million, said researcher Hollywood.com Box-Office in an emailed statement.
Directed by James Cameron, this 3-D [...]
Check out the Tej Kohli’s updates on a recent report by the research arm of CB Richard Ellis Group, CBRE Econometric Advisors (CBRE-EA), which says that the US commercial real estate investors may have to wait for another year to see their returns start growing. Read this exclusive report at Tej Kohli Business blog:
According to [...]
Abu Dhabi gives Dubai $10 billion to meet debts – Tej Kohli
Just in the nick of time, Dubai gets $10 billion bailout from Abu Dhabi to cover its debts.
As Abu Dhabi agreed to bail out its indebted neighbor Dubai with $10 billion dollar in surprise aid, markets across world heaved a sigh of relief. Having seen [...]
Tej Kohli is quite optimistic about the recent surge in the Dubai Real Estate market. Colliers Dubai Price Index for the 3rd quarter of 2009 indicates a 7% growth in property prices from the previous quarter this year.
Besides this, a 64% increase is also noted in the transacations made during the same quarter. The experts [...]