(New information on AT&T's new satellite phone and Augusts' recorded increase in home construction updated in today's Hot Trends article.)
NEW YORK (
) -- "Satellite phone" is a trending search topic after
, the first ever phone to operate on satellite. The phone can get coverage across the U.S., which is especially attractive for boaters, forest rangers and emergency crews who would otherwise have no reception in remote locations.
"We understand the importance to stay connected in remote locations and especially in emergency situations, and today's announcement is the latest example of AT&T's commitment to delivering the highest levels of service, quality and reliability for customers," said Michael Antieri, the president of advanced enterprise mobility solutions at AT&T business solutions. "With this expansion of AT&T's innovative mobility portfolio, AT&T is helping businesses and government agencies stay connected with a single device, single support contact and single bill."
The satellite smartphone is now available for enterprise, government and small business customers and gets expanded voice and data roaming coverage in the U.S., Puerto Rico, Virgin Islands and in territorial waters.
"Home builders" is a popular topic on the Internet today after the Commerce Department reported that home construction increased in August.
Homebuilders began work on 10.5 % more homes last month and housing starts came in at a seasonally adjusted annual rate of 598,000 in August, driven mostly by apartment and condominium construction.
While housing starts are up 25% from their low in April 2009, they are still 74% below their high in January 2006.
" is a trending topic on the Internet today after investors bought the metal ahead of a
meeting, causing prices to rise slightly on Monday.
Gold prices were climbing up to $1,300 an ounce
as investors were confident that the Federal Reserve will announce another round of quantitative easing on Tuesday.
The gold price traded as high as $1,285.20 and as low as $1,275.60 in Monday's session. The
was down 0.13% to $81.29 while the euro was flat at $1.30 vs. the dollar.
"Donald Rumsfeld" is a hot search topic today following news that the politician and businessman is planning to release his memoir called
Known and Unknown
in January 2011.
Rumsfeld began his political career in the 1960s as a Republican congressman from Illinois. He was the secretary of defense under Presidents Gerald Ford and George W. Bush. Rumsfeld, 78, will discuss his childhood as well as his political career in the book.
The memoir will be published by Sentinel, a division of Penguin Group, which is owned by
The chatter on Main Street (a.k.a. Google) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on Google, and highlights the news that could make stocks move.
-- Written by Theresa McCabe in Boston.
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