Tag: recession

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Debt ceiling outcome's effect on the middle-class

The changes being discussed in Washington will have a profound impact on the incomes and lifestyles of middle-class Americans....
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When unemployment benefits end

Federal unemployment benefits are set to expire by the end of the year -- estimates say this will be a $37-billion-dollar blow to the economy....
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Art market booming during the recession

Despite the recession still affecting most of the country, this spring's art auctions produced record-breaking prices of blue-chip artists like Andy Warhol. ...
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Why is the economy stumbling, again?

Economists were optimistic at the start of this year, expecting huge growth. Now, another round of bad economic news has sent stocks tumbling again....
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Americans unprepared for financial disaster

Too many Americans have already maxed out their credit cards and couldn't get a loan, even in the case of financial emergency. ...
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US GDP slowdown: Economic slowdown or temporary setback?

Economists expected a much higher rate of growth than the 3.1 percent GDP growth that occurred last quarter. Now many are scratching their heads....
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A warning against the US economy: Will it get worse?

Standard & Poor's gave a negative outlook on US debt recently. Can the government get its act together?...
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Unemployment drops, 230,000 jobs added in March

Nearly all job gains in March driven by private employers, a good indication that the economy may be picking up....
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