Economy
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For awhile, analysts had hoped that the biggest layoffs in the economy would be restricted to already troubled industries including…
Anyone looking at the stock market over the last week would assume that the global recession is over, the liquidity…
Economist Nouriel Roubini has as dark a vision of the economy as any man with an IQ over 140. His…
The US unemployment rate in September was 6.1%. The consensus estimates are that the numbers will rise, but there are…
Many of the layoff announcements which came over the last several days were as unexpected as they were large. If…
The Commerce Department gave the preliminary U.S. third quarter GDP, and it has come in at levels which finally reflect…
When the stock markets around the world raced down earlier this month, there was some sense to it. The credit…
The FOMC decision on interest rates was due at 2:15 PM EST, and we got a rate cut decision a…
The Commerce Department has reported that Durable Goods for September have somehow managed to beat expectations this morning. While the…
The Fed may cut more than expected. Wall St. is hoping for half a point, but three-quarters may be more…
The Conference Board has released a dismal reading of Consumer Confidence. In fact, this looks like a record low. Consumer…
No one with an abacus, a calculator, or a mainframe will ever know what the global credit crisis has cost…
Too many mouths to feed. Someone will have to starve. Now that Henry Paulson has $700 billion and some discretion…
The DJIA could drop 1,000 points today. Japan was down 10%. The sell-off rolled across Asia and then hit Europe.…
No matter where economists look there is no evidence that a recession in the US, EU, and Asia is doing…
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