April 1st, 2008
Many banks have suffered tremendous losses as a result of the subprime lending mess. Some are saying that the worst is over. Can that really be true already?
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February 21st, 2008
A recession economy doesn't have to destroy your financial security. In fact, sometimes a recession can help grow your financial security.
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February 17th, 2008
If you don't know what a recession is and how the very definition of one affects you, read here.
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February 16th, 2008
A short guide on what to think about the upcoming recession and how to keep your sanity intact until it is over.
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April 8th, 2008
The number of Americans signing contracts to buy previously owned homes declined more than forecast in February, indicating no sign of a bottom in the U.S. real-estate recession that is entering its third year.
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April 4th, 2008
Employers slash jobs for third straight month while unemployment jumps to 5.1%, a nearly three-year high.
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April 3rd, 2008
The Fed gives money to rescue the Loan/Investment Banks, now Congress is trying to loan the Morgage community billions. of dollars
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April 3rd, 2008
With gold prices rising people head to the hills to pan for gold.
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April 3rd, 2008
Fed Chairman Bernanke say U.S. "might" be heading toward a recession.
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April 1st, 2008
While not all news was good today on Wall Street, spirits were high with a huge rally. Some thing the worst is over, others are just happy to see the gains.
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March 7th, 2008
Februrary's job loss rate was the worst in the last five years. The net job loss was 63,000, a sharp increase from the 22,000 net job loss in January.
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March 3rd, 2008
Despite the bailout attempt, the US economy is not rebounding. The credit markets are not doing well and the worst of the subprime ARM resets is yet to come. This is going to get ugly.
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February 28th, 2008
In the fourth quarter of 2007 the economy only grew 0.6%. This is yet another indicator of recession looming ahead.
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February 26th, 2008
With gas already over $3 per gallon, experts think it will go over $4. Start saving your money now.
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February 26th, 2008
Wholesale prices for food, energy, and medicine jumped 1% last month, driving the total inflation rate up to 7.4% Excluding food and energy, prices are up 2.5%, so as long as you can live without food and electricity, you'll be fine.
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February 20th, 2008
What started as just a few pebbles of economic problems could quickly turn to an avalanche. This is not a good sign.
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February 19th, 2008
Even more multi-billion dollar losses are expected for major banks as the crisis that began with subprime mortgages spreads through the credit markets.
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February 16th, 2008
Bad economic times don’t always have to spell doom for small business owners. Sometimes a bumpy road can be a boon for business.
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February 16th, 2008
Former Federal Reserve Chairman Alan Greenspan said Thursday there's at least a 50% chance the United States will slip into recession, and that the storm clouds over the economy won't clear until home prices bottom out.
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