Keyword Search Results
Recession
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Books:
The New Deal
2008 marks the 75th anniversary of the New Deal, the series of programs initiated by President Franklin Delano Roosevelt to help Americans recover during the Great Depression (1933-43). Programs such as the Civilian Conservation Corps,… -
Press:
The economic blame game
I leave the petty details of fixing this economic crisis to others. I shall focus on a far more important task: assigning blame. I particularly want someone to blame because last Friday, Best Life magazine… -
Press:
Consumer groups challenge Chrysler bankruptcy
Leading national consumer groups today filed objections in the federal bankruptcy court in New York that is overseeing the Chrysler bankruptcy proceeding, asking the court to preserve the rights of consumers who have suffered or… -
Books:
Shoptimism
Shoptimism is a guided tour through the parallel worlds of selling and buying. Part I, “Them Versus You,” explores “the Sell Side,” where marketing, retailing, advertising, and consumer-research forces take aim on the American buyer.… -
Press:
Only a fraction of those in need file for bankruptcy
Bankruptcy filings are nearing the record 2 million of 2005, when a new law took effect that was aimed at curbing abuse of the system. Filings could reach 1.7 million this year, says law professor… -
Press:
Looking for work? Unemployed need not apply
The last thing someone who is unemployed needs to be told is that they shouldn’t even apply for the limited number of job openings that are available. But some companies and recruiters are doing just… -
Press:
Cost of Fannie/Freddie keeps soaring for taxpayers
CASA GRANDE, Ariz. — Fannie Mae and Freddie Mac took over a foreclosed home roughly every 90 seconds during the first three months of the year. They owned 163,828 houses at the end of March,… -
Press:
Recession cut into employment for half of working adults, study says
The recession has directly hit more than half of the nation’s working adults, pushing them into unemployment, pay cuts, reduced hours at work or part-time jobs, according to a new Pew Research Center survey. The… -
Press:
Could U.S. face deflation as in Japan?
The White House prediction Friday that the deficit would hit a record $1.47 trillion this year poured new fuel on the fiery argument over whether the government should begin cutting back to avoid future inflation… -
Press:
Leftovers for the needy: It’s not that hard
It never ceases to amaze me how difficult it can be to get some businesses to do the right thing. Donating leftover food is a good example. More than 14 million Americans were out of… -
Press:
Tax cuts that make a difference
It’s time to start talking about a tax cut. The economy is struggling mightily. Some 15 million people remain unemployed. The Federal Reserve has been slow to act and still is not doing much. The… -
Press:
Credit card use keeps falling amid economic uncertainty
Americans have sharply reduced their use of credit cards, and some analysts believe the trend will continue even after the economy has fully recovered. The Federal Reserve Board reported this week that credit card borrowing… -
Books:
The Monster
The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America—and Spawned a Global Crisis tells the story of the rise and fall of subprime lending by chronicling the rise and fall… -
Press:
For many over 55, debt defers dreams
A growing number of Americans age 55 and older have put their retirement dreams on hold as they face a dismal financial reality: The recession has forced many into unemployment, stripped away years of their… -
Press:
Recession’s reverberations keep pummeling the young
As the nation struggles with the aftermath of the Great Recession, few groups have suffered greater setbacks or face greater long-term damage than young Americans — damage that could shadow their entire working lives. Unemployment… -
Press:
Employers at 151K jobs; unemployment holds at 9.6%
Job growth accelerated in October, but the unemployment rate held steady, the government said Friday, the latest data pointing to an economy that is finally strengthening as the year nears its end. Employers added 151,000… -
Press:
40% of Americans cutting Thanksgiving fat
Forget that second helping of pumpkin pie. With the economy still struggling American families are planning to scale back their Thanksgiving celebrations this year. This year nearly 40% of families will change their Thanksgiving plans… -
Press:
Laid off twice by 24
Laid off twice by age 24? Absolutely. “A surprising number of employees in their early twenties may have already experienced multiple layoffs,” said David Morrison, managing director and founder of Twentysomething Inc., a marketing company… -
Press:
Consumers shopping, so why are retailers offering more sales?
Consumer confidence is improving and sending more shoppers to the malls. And stores, wiser after deep discounting during the recession, have reduced inventories, so they don’t have to slash prices to clear shelves. So why,… -
Press:
Jobless couples manage to find holiday spirit
Brian and Salena Smith and their two toddlers had an awesome Christmas last year. Two good jobs, a sweet house in a new Southern California suburb, and bright dreams for 2010 made it so. He… -
Press:
‘Doubling up’ in recession-strained quarters
For the three generations of the Maggi family crowded into a recession-beaten three-bedroom ranch house here, the tension from living on top of one another for the last 10 months sometimes erupts at unexpected moments.… -
Press:
Consumers making trade-offs as gas prices rise
Americans are starting to watch their spending more carefully as gasoline prices reach levels not seen since October 2008. Diane Swonk, chief economist at Mesirow Financial, says Thursday’s government report on retail sales indicates that… -
Press:
Housing market stirs, but holds economy back
The housing recession – now entering its third year – has recently shown some signs of abating. But with economic growth still feeble in many parts of the country, analysts say any meaningful housing rebound… -
Press:
EEUU: Venta de viviendas nuevas en su punto más bajo en 47 años
Los estadounidenses compraron en 2010 el menor número de casas nuevas en los 47 años desde que se llevan registros, dijo el miércoles el Departamento de Comercio. Las ventas para todo 2010 llegaron a 321.000… -
Press:
Recent grads finding jobs - in their living rooms
Each morning 26-year old Octavia Silva gets up, showers, puts on her business clothes, does her make up, and then starts her workday as an administrative assistant—from a table in her living room. Silva answers…
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