It's Friday. Although the weekend looms, the news and information does not stop. Some of the news is good, some of it is bad, and some is just available. Here are some interesting articles to get your Friday and weekend discussions started.
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No matter how many times President Obama talks about the growing economy and how he needs more time, his policies do not seem to be helping the millions counted as unemployed or the millions underemployed or those who have given up and are no longer part of the workforce.
The Labor Department released its monthly report that says the unemployment rate remains at 8.2 percent. The number of jobs created in June was a paltry 80,000. This was far below the estimate of an additional 125,0900 jobs in the economy. For the April-June quarter the average number of jobs added was 75,000.
These reports are weakening consumer confidence and spending.
More from Newsmax
From the world of media -
The Federal Communications Commission (FCC) will be conducting a routine inquiry in to problems with communications systems including 911 service during the recent storms that hid the mid-Atlantic coast last weekend.
More from the Hill
As a cable subscriber who continues to look for ways to cut-the-cord, a study from the Leichtman Research Group reports there is no widespread "cord cutting."
The report does say that the cost for multichannel video services (cable and satellite) have risen 7.2 percent from last year. According to the consumer survey 87 percent of households have some form of multichannel video servioces. This is the same as reported in similar surveys in 2011 and 2010.
More from MultiChannel News
Netflix reports that subscribers to their streaming service viewed more than 1 billion hours of content last month.
The report comes after Netflix's stock continued to climb, but struggle, after backlash from investors and consumers after plans to separate the DVD by mail and streaming services and increasing subscription costs last year.
In order to attract more subscribes to its streaming service, Netflix is spending tens of millions to enhance content with more compelling titles.
The Instantwatch service which shows upcoming and new releases from Netflix has show the streaming service to be adding hundreds of titles each month for streaming subscribers.
A full report on the milestone and Netflix financial health from the Washington Post
Finally, this morning, two interesting political items.
Although the White House and Obama and Romney campaigns continue to argue about the mandate, a Gallup poll shows that more Americans believe Obamacare will hurt the economy.
The survey taken on July 2nd and 3rd showed 47 percent of those surveyed said the bill would hurt the economy. 37 percent said it would help.
Article from CNS News
This month marks the second anniversary of the passage of the Dodd-Frank bill. A bill sold as being tough on Wall Street.
Opponents of the bill say the regulations in the bill have hurt small businesses and small town banks that "had nothing to do with the 2008 financial crisis."
The House Financial Services Committee will be holding two hearings starting next week to review provisions in the 2,300 page bill which according to critics contains more than 400 news rules placing a burden on businesses, banks, financial markets and consumers.
More from The Hill
That's all for now.
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