iOS app Android app

Economic Downturn

How This TV Producer Reinvented Herself As A Fashion Mogul

John Tarnoff | Posted 06.03.2014 | Fifty
John Tarnoff

Marla Wynne Ginsberg had never sewn a stitch when she bought her first sewing machine in 2009 and embarked on a risky career reinvention. She had just lost a very lucrative senior executive position with a major Entertainment company in a career that she had built step by step for over 20 years.

This Land Isn’t Your Land, This Land Is Their Land

Peter Van Buren | Posted 07.01.2014 | Politics
Peter Van Buren

As America's new economy starts to look more like the old economy of the Great Depression, the divide between rich and poor, those who have made it and those who never will, seems to grow ever starker. I know. I've seen it firsthand.

Job Hunting in College: Expectations Vs. Reality

Mehroz Baig | Posted 03.25.2014 | College
Mehroz Baig

"I really enjoyed my time at Oberlin and I felt like I was learning, but I wasn't progressing towards a job at the end of graduation," said Ned Lindau...

Where Have All the Good Times Gone? Why Boomers Are So Miserable

Bradley Foster | Posted 01.26.2014 | Fifty
Bradley Foster

We all face challenges in life and Boomers are seriously being buffeted from all directions at once. It is possible to create more happiness in your life but it takes real work.

Suicides Spiked After Great Recession

The Huffington Post | Posted 09.20.2013 | Business

The Great Recession resulted in 5,000 additional suicides worldwide in 2009, according to a recent study -- the first to look at suicide trends global...

A Quick Guide to Changing The World - No, For Real This Time

2013-08-27-Screenshot20130827at12.16.24PM.png | Posted 11.16.2013 | Impact

By William D. Eggers and Paul Macmillan, Dowser The solution revolution—the convergence of money and meaning, problem solvers and “patient” c...

Why Sharing Work Makes Sense In Today's Economy

Sara Rix | Posted 10.20.2013 | Fifty
Sara Rix

Work sharing has obvious benefits for the workers who would otherwise have been laid off: they aren't forced to look for work in a weak labor market; they maintain their skills; and they suffer relatively little lost income. They might even use their downtime to acquire new skills. Employers benefit, too.

Sesame Workshop Laying Off 10 Percent Of Its Workforce

The Huffington Post | Posted 06.27.2013 | Business

Even beloved television shows aren’t immune to economic woes and changing habits. Sesame Workshop, the nonprofit that produces Sesame Street, ha...

Home Ownership Rate Drops To Lowest Level In Nearly 20 Years

Reuters | Posted 06.30.2013 | Business

WASHINGTON, April 30 (Reuters) - The share of privately owned U.S. homes in the first quarter dipped to its lowest since 1995, government data showe...

It's Time to 'Flip the Debt'

Camille Rivera | Posted 02.05.2013 | New York
Camille Rivera

Reports that the economy shrunk in the last three months of 2012 -- largely due to so-called austerity measures -- is not only bad news for the country: It could be terrible news for the tens of thousands of New Yorkers who depend on the social safety net just to make ends meet.

After the Election: The Hidden Flaw Holding Back Full Recovery

Ho-Hyung Lee | Posted 01.30.2013 | Business
Ho-Hyung Lee

The solution starts with acknowledging domestic manufacturing needs to be the backbone of any sustainable recovery. Experts will say the U.S. doesn't "do" manufacturing anymore. Our economy is all about service, finance, software, and entertainment.

Finding Business Opportunities in a Global Downturn

Karin Kamp | Posted 01.27.2013 | Small Business
Karin Kamp

Problems can be opportunities -- if you look for them that is. For small business owners, there's been plenty of soul searching as a result of the great recession.

Cutting Back To 'Go Visit Grandma'

AP | JASON KEYSER | Posted 01.21.2013 | Business

CHICAGO — Millions of Americans piled their families into cars, hopped on buses and waited out delays at airports Wednesday as they set off on T...

Forward for Children

Marian Wright Edelman | Posted 01.09.2013 | Education
Marian Wright Edelman

To move forward, America's security and prosperity depend on our children's ability to drive the economy of the future. Leaders must craft budget solutions that will protect the already porous safety nets on which so many children and families rely.

What Most Workers Really Think About Their Jobs

Posted 08.29.2012 | Business

We can’t get no satisfaction. Nearly 60 percent of American workers say they would choose a different career, according to a new survey from Yah...

Hong Kong -- Low Taxes, High Rewards

Bill Marriott | Posted 10.02.2012 | Business
Bill Marriott

We opened our very first hotel in Asia in Hong Kong in 1989. This was really a big jump for us all the way across the Pacific Ocean. Many asked me wh...

A Economic Downturn May Be One Way To Get Healthier

Posted 07.23.2012 | Business

An economic downturn may be better for your health than you realize. The 2008 financial crisis in Iceland improved the health of the country’s p...

Report: In 2009, Americans Paid Taxes At The Lowest Rate In 30 Years

Posted 07.11.2012 | Business

In 2009, Americans handed over the smallest percentage of their income to the government in 30 years. A major reason? Rich people paid less in taxes. ...

The Recession Gave One Industry A Boost

Reuters | Posted 09.04.2012 | Business

By Patricia Reaney NEW YORK, July 5 (Reuters) - Tough economic times are boosting sales of beauty products and designer jeans as women...

Yesterday: The Lowest Interest Rates in History

Rep. Alan Grayson | Posted 06.02.2012 | Politics
Rep. Alan Grayson

Yesterday, the 10-year Treasury note hit its lowest interest rate in history. For the third day in a row. Why is this happening? Will the trend continue? What does it mean for the middle class?

Warren Buffett's Son Fights Rural Hunger

AP | JOHN FLESHER | Posted 04.19.2012 | Business

TRAVERSE CITY, Mich. -- Farmer and philanthropist Howard G. Buffett, son of billionaire investor Warren Buffett, wants to enlist fellow food producers...

Recession Pushes Many Americans To Cut Back On Vital Service

Posted 02.26.2012 | Business

The recession pushed many Americans to cut back on a vital service, one that could have cost some their lives. Americans between the ages of 50 to ...

Big Banks Find Ways Around New Metal Warehouse Rules

Reuters | Posted 04.07.2012 | Business

* Goldman, Glencore plan to hike warehouse rents by 10 percent * Rent rises coincide with LME rules for higher minimum load-out rates...

Fed Paid U.S. The Second-Highest Amount In U.S. History Last Year

AP | MARTIN CRUTSINGER | Posted 03.11.2012 | Business

WASHINGTON — The Federal Reserve paid the federal government $76.9 billion in 2011, the second highest amount in history. The central bank earne...

The Latest Sign That The Wealthy May Be Cutting Back

AP | MAE ANDERSON | Posted 03.11.2012 | Business

NEW YORK — Jewelry retailer Tiffany & Co. said Tuesday that its sales growth weakened in the U.S. as shoppers pulled back on buying pricey baubl...