RECESSION
NEW PLATEAUS Good News/Bad News--for only $1
The capability and popularity of dollar store retail outlets say a lot about the times we live in. And while one says something bad, the other is good. So enjoy this good news/bad news post, and as I ...
Posted on 8/27/12 at 10:00 AM
THE FLENSBURGER FILES Black Friday: A Sign of Tradition, A Sign of the Times, or A Sign of Tyranny?
As I write this column entry, people in the USA as well as American expatriates residing in Europe, Australia, Asia and elsewhere are celebrating Thanksgiving. The holiday, which occurs every fourth...
Posted on 11/26/11 at 1:54 AM
STAFF BLOG THE N.D. CAPITOL AND BEYOND Stimulating the economy
What do you think of this latest idea to stimulate the economy? WASHINGTON Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in...
Posted on 9/6/10 at 11:21 AM
OH LOOK, A SHINY THING! Gandalf, Conan and King Arthur Comment on Recession
Guns are up and swords are down in fantasy art, according to a fun chart from Orbit Books that shows art elements from fantasy book covers. (Hat tip to BoingBoing.) Can the fifty percent reduction in...
Posted on 8/30/10 at 12:28 PM
PAUL KRUGMAN: Don’t treat recession as a morality play 
When the Great Depression struck, many influential people argued that the government shouldn’t even try to limit the damage. According to Herbert Hoover, Andrew Mellon, his Treasury secretary, urged him to “Liquidate labor, liquidate stocks, liquidate the farmers. … It will purge the rottenness out of the system.”
By Paul Krugman , April 07, 2013
Officials scrutinize employer use of independent contractors
In the wake of the Great Recession, many employers are choosing to use independent contractors instead of hiring permanent employees.
By Annie Baxter , March 25, 2013
Economic recovery is weakest since World War II
Since World War II, 10 U.S. recessions have been followed by a recovery that lasted at least three years. An Associated Press analysis shows that by just about any measure, the one that began in June 2009 is the weakest.
By Paul Wiseman , August 15, 2012
Survey: More Americans optimistic about jobs, economy
The U.S. economy is improving faster than economists had expected. They now foresee slightly stronger growth and hiring than they did two months earlier — trends that would help President Barack Obama's re-election hopes.
By Christopher S. Rugaber , March 06, 2012
Mild recession forecast for eurozone
In its latest projections, the European Commission, the European Union's executive body, forecast a 0.3 percent contraction in the eurozone economy for 2012, with Greece's economy leading the way downward with a massive 4.4 percent decline.
By Gabriele Steinhauser and Pan Pylas , February 23, 2012
Applications for U.S. unemployment benefits drop to 4-year low
It was the fourth drop in five weeks and the fewest number of claims since March 2008 — six months before Lehman Brothers collapsed and only a few months into the Great Recession.
By Christopher S. Rugaber , February 16, 2012
Eurozone precariously close to recession, figures indicate
Many individual countries in the eurozone are back in recession — Italy, the Netherlands and Belgium, on top of bailed-out Greece and Portugal.
By Pan Pylas , February 15, 2012
U.S. economy to pick up in 2012, but still vulnerable
The U.S. economy will grow faster in 2012 — if it isn't knocked off track by upheavals in Europe, according to an Associated Press survey of leading economists.
By Derek Kravitz and Paul Wiseman , December 27, 2011
BOXING UP BARGAINS: Day after Christmas as big as Black Friday for Canadians
That calendar will mark Dec. 26 as Boxing Day, a holiday unfamiliar to most Americans but celebrated in other English-speaking countries as an extension of Christmas, a day of charity for the poor and for a pursuit that will draw many Canadians south this week: bargain hunting.
By Christopher Bjorke , December 25, 2011
Authorities remove Occupy Minnesota property
Hennepin County authorities have removed tarps and chairs used by anti-Wall Street protesters from a plaza outside the government center in Minneapolis.
By Associated Press , December 06, 2011
Kids give shorter Christmas wish lists to Santa during recession
A job for their mom or dad. Money for the heating bill. Food or a place to live. Maybe gloves or boots. More and more, Santas say the children on their laps are asking for less for themselves — and Santa is promising less as well.
By Martha Waggoner , December 06, 2011
Postal cuts to slow delivery of first-class mail
Facing bankruptcy, the U.S. Postal Service is pushing ahead with unprecedented cuts to first-class mail next spring that will slow delivery and, for the first time in 40 years, eliminate the chance for stamped letters to arrive the next day.
By Hope Yen , December 04, 2011
An innovator in the nation's skies hits a black mark
American Airlines used to bill itself as "something special in the air," and it was. It was the first airline to offer curbside check-in. The first with computerized reservations. It invented the frequent-flier program and came up with the deeply discounted Super Saver fare to fill empty seats on its planes.
By Scott Mayerowitz , November 29, 2011
Fighting debt, out of their own pockets
Atanacio Garcia isn’t waiting for Washington to reduce the national debt.
The 84-year-old retired postal worker from San Antonio, Texas, a man of simple means and a simple credo, donates $50 a month from his pension, plus whatever he makes from collecting aluminum cans in his neighborhood, to reduce Uncle Sam’s IOU.
By Richard Simon , November 28, 2011
German economy shows signs of weakness
The German economy, which has been a bastion while its neighbors have buckled one by one under debt, showed signs of strain today and raised fears across world financial markets that Europe is far from containing its crisis.
By Juergen Baetz and Raf Casert , November 23, 2011
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