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UrbanSwirl: Lifestyles of Color

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Total 27 results found. Search for [ recession ] with Google

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...1, is accelerating cost cuts after the bank's stock price plunged 19 percent last week amid concern a global recession will curb new lending just as more home and credit- card loans are becoming delin...

Electronic big box store Circuit City is set to close 155 of its stores in an effort to stave off bankruptcy. Circuit City Stores Inc., suffering from declining sales, traffic and cash, sa

Another day, another round of job losses.  Embattled US car makers continue to trim worker rolls as their profits continue to drop. The employment carnage in the ever-shrinking U.S. aut

I know. You're thinking what do I care about Iceland? But you should.  In the global economy we are all connected, so little Iceland's economy going belly up matters to us. Iceland’

Congresscritters failed to pass the bailout bill yesterday...and in response the market dipped over 700 points.  Sigh.  Financial apocalypse is coming and the politicians want to play a gam

6. Damn! Is He Still Around?
(Blog/Politics)
...p rescue his tough-sell bailout package. "Ultimately, our country could experience a long and painful recession." The unprecedented $700 billion bailout, which the Bush administrati...

I'm really speechless on this one.  Morgan Stanley and Goldman Sachs have been given the greenlight to change their status from investment banks to bank holding companies. So what does that

Foreign banks may also reap some of the coming financial windfall from our government bailout. In a change from the original proposal sent to Capitol Hill, foreign-based banks with big U.S.

Hide you wallets. The Bush regime is about to pick pocket the American public big time.  Bush has just announced an unprecedented plan to bailout all of the finanical institutions and rid them o

The government has just given AIG a big fat 85 billion dollar "get out of bankruptcy free" card. Fearing a financial crisis worldwide, the Federal Reserve reversed course on Tuesda

On the heels of yesterday's market meltdown, Hewlett Packard will cut over twenty four thousand jobs. Hewlett-Packard Co. said Monday it will cut about 7.5 percent of its work force --

... at demoralizing rates, while Bush and McCain continue to proclaim the economy is basically strong and any recession is all in workers’ heads, just some sort of psychological problem. Maybe ...

When will it stop? A bank from Kansas adds to the list for a total of 9 banks that have gone belly-up in recent months . Bank regulators closed Columbian Bank and Trust Company on Friday, the

... As one company after another begins to cry "uncle", can we now officially say that we are in a recession? Can we now really attempt to take some positive steps to help heal our tanking e...

How low can it go? How about one single dollar.   Houses in some of our nation's cities are going up for sale for a token. The sale price of the home may be an anomaly, but illustrates

Regional retail giant Boscov's is in dire finanical trouble, and has filed for bankruptcy protection.  In addition, Boscov's has announced the closure of several stores , effective immediately.

Another victim of the state of our economy, Bennigan's restaurant chain has filed for bankruptcy and immediately shuttered all of it's corporate owned locations...leaving employees holding the bag.

Better plan your vacation to Cancun while you can still afford it.  The Mexican Peso is gaining ground on the U.S. dollar...another sign of the U.S. weakening economy . The Mexican curr

...is a giant sign of the true state of our economy.  This is way past the stage of warning signs, this is recession. This is big, big trouble for us in this country.  What do you suppose forei...

There is some good economic news out there. Our national trade deficit is shrinking. The weak dollar makes US goods more of a bargain and the consumer is responding. Demand for American manufactured g

In an effort to save on energy costs, Utah has adopted the 4 day work week. In a yearlong experiment aimed at reducing the state's energy costs and commuters' gasoline expenses, Uta

Say it isn't so.  Starbucks is set to layoff over 10,000 workers and close 600 stores in the U.S. Starbucks, whose shares have plummeted more than 50 percent in the past two years,

...rio of crises—housing, credit and financial—have threatened to plunge the country into its first recession since 2001. The situation has roiled Wall Street, rattled consumers and has galva...

Why is no one making the correlation between the excessive war debt and the weak dollar? Oil is at an all time high per barrel at $118 and rising based on a weak dollar. The nations number one

...s, she noted. D'Abbraccio hopes to capitalize on increasing disenchantment with Italian politics. The recession-prone nation votes on Sunday and Monday in elections to pick a prime minister as ...

...er than adding them. Retail sales have dropped. Some economists believe the economy may already be in recession—a milestone that generally requires at least two consecutive quarters of ne...

Give me a Break on Recession Yesterday I was watching the news channels (as if we actually get any real news but I digress) and the topic was Recession and what can we do to protect ourselv

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