Tag: economy

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Iraqi immigrants struggling to make lives in the United States

In San Diego, El Cajon specifically, there's a burgeoning Iraqi immigrant community that is straining the resources of the community leaving all sides frustrated....
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Dow, global markets tumble on Greek plan for referendum on financial reforms

The global stock markets fell precipitously Tuesday after the Greek Prime Minister announced the country would hold a referendum on the country's proposed austerity measures and the EU bailout....
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It's official: Bank of America cancels plans for $5 monthly debit card fee

In the face of protests and customer displeasure, Bank of America will abandon its plan to implement a $5 per month fee for users of their debit cards. The story was broken by Reuters....
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Europe gets behind unified plan to try to solve Euro crisis

With the European Union agreeing to a plan to bolster the EuroZone and hopefully avoid massive economic meltdown, question turns to what does this deal really mean?...
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Obama implements limited student loan forgiveness, other changes to payment plans

President Barack Obama used his executive authority this week to make it easier for those struggling under student loans to make payments....
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In Nebraska, Occupy Wall Street becomes Occupy the Pasture

Occupy the Wall Street may have started a movement, but the grassroots effort has taken hold across the world. Steph Larsen is joining the protest from her pasture in Lyons, Neb....
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Presidential-hopeful Rick Perry introduces his own flat tax plan

Texas Gov. Rick Perry, a Republican presidential hopeful, has proposed a flat tax plan that would be voluntary, and reduce the tax rate on most Americans. Republicans call it a tax cut for the rich....
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Banks have counter-intuitive problem: Too much money and nowhere to put it

As consumers try to find safe places for their cash, they're putting banks in a pickle. Banks actually pay to keep you cash and because they're not lending it or investing it, it's costing them money....
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New research suggests language structure may play factor in personal saving

A Yale economist's research shows that if you speak a language that, grammatically speaking, treats the present tense and future tense the same way, unlike English, you'll save vastly more more money over the course of your life....
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American businesses looking to build ties with Iraq, even as soldiers withdraw

Business leaders are predicting that the market for goods in Iraq is about to explode and companies in various sectors of the American economy are hoping to capitalize on that boom....
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