According to an AP News report issued earlier this afternoon…
“Economic activity is stabilizing or improving in the vast majority of the country, according to a new government survey, adding to evidence that the worst recession since the 1930s is over.”
Apparently eleven of the Fed’s twelve regions have shown signs of economic stabilization. The lone outlier [...]
Archive for the ‘Economy’ Category
The Recession is… Over?
Filed under: Economy
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Navigating the Recession
Recessions suck. The stock market is down, unemployment is up, and good news is sparse. But a tough economy doesn’t mean that you can’t improve your lot in life.
We’ve decided to use the recession as a time to simplify our lives and build a better financial system for our family. What follows are some of [...]
Filed under: Economy
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Cash for Clunkers Program Suspended
Big news out of Washington today… Apparently the Cash for Clunkers program has been a bit too popular, and is reportedly being suspended out of fear of running out of money. This program was set to run through November 1st, or until the $1B allotment was used up, and it appears that the money might [...]
Filed under: Automotive, Economy
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Buying Foreclosures Can Be Risky
This is a guest post form Carson Brackney of Personal Finance Analyst. If you like what you see here, please consider subscribing to their RSS feed.
There’s always someone trying to find a silver lining when the skies are gloomy and gray. So it is with home foreclosures. Amidst all of the hand-wringing and sad tales [...]
Filed under: Economy, Real Estate
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Creative Budget Balancing
States across the country are hurting. High unemployment numbers and reduced corporate profits have gutted tax revenue. At the same time, every state besides Vermont has a law requiring a balanced budget. As such, state governments are getting desperate to make ends meet.
A recent article in Forbes highlighted the lengths to which some states are [...]
Filed under: Economy, Taxes
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What to do When Your Job is in Jeopardy
This is a guest post from Kevin Mercadante of Out of Your Rut. Kevin is also author of Lighten Your Load, an e-book focused on reducing living expenses while still maintaining a comfortable lifestyle.
If you lose your job, hear rumors of layoffs at your company, or pick up just about any other indication that you [...]
Filed under: Economy, Working
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Velocity: The “Speed” of Money
Economists have a term for how quickly money cycles through the economy. They call it “velocity,” and it’s defined as the average frequency with which a unit of money is spent in a specific period of time. As spending increases, or the money supply tightens, velocity increases, and vice versa. In practice, velocity is often [...]
Filed under: Economy
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The Recovery Will Come From Those That Have Been Laid Off
This is a guest post from Peter Dunn of Green Candy. If you like what you see here, please check out his weblog and consider subscribing to his RSS feed.
It’s no secret that our economy is cyclical. Whether you like it or not, there will be good times and times that couldn’t be possibly described [...]
Filed under: Economy
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Recovering From the Crash
This is a guest post by Jeff Rose, who is an Illinois Certified Financial Planner(TM) and co-founder of Alliance Investment Planning Group. Jeff is also the author of Good Financial Cents, a financial planning and investment blog. If you like what you see here, please consider subscribing to his RSS feed.
Does anybody feel like the [...]
Filed under: Economy, Retirement, Saving & Investing
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Five Tips for Dealing With Job Loss
In early 2009, the Bureau of Labor Statistics noted that over 40 states recorded an increase over last year in the number of layoffs. In February alone over 600,000 workers were caught up in layoffs. If you and your family have found yourself in this position, here are some steps to help you cope with [...]
Filed under: Economy, Working
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