Tag: business & economy
Thanksgiving dinner will cost you considerably more this year
If you're planning to eat a traditional Thanksgiving meal next week, it'll cost you a little more this year. Prices are about 13 percent — the biggest jump since 1990....
America's middle class: New study suggests it's shrinking
The middle class in the United States is shrinking. Fewer jobs pay enough to provide the sort of disposable income that was the hallmark of the middle class. Is there anything we can do about it?...
NBA players reject owners' offer, season in doubt
The NBA players, already locked out and with hundreds of games canceled, rejected what NBA owners said was their final, best offer. Commissioner David Stern said that puts the entire season in jeopardy and now players are disbanding the union and preparing to do battle in the courts....
On eve of Veteran's Day, Senate passes veterans jobs bill
A piece of President Barack Obama's jobs bill won approval on Thursday. It'll provide up to $5600 to employers who hire veterans and keep them employed for at least six months....
VIDEO: Former NBA, UCLA star shining while playing in Israel during NBA lockout
Jordan Farmar, who led the UCLA Bruins to a NCAA Final Four and who helped deliver a championship to the Los Angeles Lakers, has taken his talents to Israel, where he's playing for Maccabi Tel Avi while the NBA lockout continues....
Defense Secretary Leon Panetta outlines possible budget cuts
In a conversation with The New York Times, Leon Panetta, the new defense secretary, described broad categories that he would like to cut in order to meet a Congressional mandate for $450 billion in cuts over 10 years....
VIDEO: Groupon IPO largest web offering since Google in 2004
The stock offering raised more than $700 million for the online company, which sells coupons for deeply discounted goods and services. Groupon was the first major success in that market, but competition is rapidly increasing....
As lockout drags on, more regular people finding their paychecks shrinking
Restaurants near NBA arenas are cutting hours, laying off employees and otherwise tried to cut expenses as they deal with the lack of NBA games to fill their buildings....
U.S. economy shows some signs of life, adds 80,000 jobs
The U.S. unemployment rate ticked down a tenth of a percent 9 percent in October after the economy added 80,000 jobs, the latest U.S. Department of Labor figures show....
Polish economy is booming, bucking international trends
As Europe's and America's economies falter, there's one nation standing above the trouble: Poland. In 20 years since the end of the Cold War, Poland has not once endured a recession....
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