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Economic Recovery

Searching for the Crisis and Finding It

Danny Schechter | Posted 09.20.2009 | Business

Read More: Hunger, Unemployment, Banks, Denial, Consumer Spending, Who Needs Credit Cards, Economic Crisis, Economic Recovery, Recession Not Over, Recession, Business News
Danny Schechter

Out in the street, you notice fewer cabs and town cars. There are retail vacancies on every block. Stores are discounting everything. When JC Penny opened in Midtown, 15,000 people applied for 500 jobs.

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More Signs of an Economic Bottom Emerge

Hale "Bonddad" Stewart | Posted 09.20.2009 | Business

Read More: Economy, Jobs, Economic Recovery, Gdp, Unemployment, Economic Recession, Recession, Business News
Hale

We're not talking about one country; we're seeing data emerge from a variety of countries on a variety of continents that growth is returning. We have strong reason to believe the worst is over.

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Transportation Secretary: 'Cash For Clunkers' Won't Run Much Longer

AP | KEN THOMAS and DAN STRUMPF | Posted 09.19.2009 | Business

Read More: Economic Recovery, Cash for Clunkers Program, Old Cars, Cash for Clunkers, Cars, Ray Lahood, Economic Stimulus, Transportation-Secretary, Recession, Business News

WASHINGTON — Transportation Secretary Ray LaHood assured car dealers Wednesday that they will be reimbursed for sales made under the Cash for Cl...

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Citigroup's Asset Guarantees to Be Audited by TARP

bloomberg.com | Posted 09.19.2009 | Business

Read More: Vikram Pandit, Economic Recovery, Tarp-Auditor, Economic Collapse, Citigroup CEO Vikram Pandit, Tarp Funds, Tarp, Recession, Citigroup, Federal Asset Gaurantees, Business News

Citigroup Inc.'s $301 billion of federal asset guarantees, extended by the U.S. last year to help save the bank from collapse, will be audited to calc...

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Nouriel Roubini: A Phantom Economic Recovery?

Business Standard | Nouriel Roubini | Posted 09.19.2009 | Business

Read More: Finance, Nouriel Roubini, Global Economy, Economic Crisis, Debt, Recession, Economic Recovery, Economy, Business News

Data from the US -- rising unemployment, falling household consumption, still declining industrial production, and a weak housing market -- suggest th...

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Retailers Try 1-Cent Sales In Hopes Of Luring Customers

latimes.com | Sandra M. Jones | Posted 09.18.2009 | Business

Read More: 1-Cent Sales, Economic Crisis, Economic Recovery, Retail, Business, Pennies, Retail Crisis, Recession, Penny Sales, Back to School, Back to School Sales, Business News

Dump out the coffee cans, car ashtrays and the bottom of your purse. The lowly penny, which almost was taken out of circulation three years ago, is ma...

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Economic Recovery: Wall Street and Main Street Diverge Again

Jill Schlesinger | Posted 09.18.2009 | Business

Read More: Main Street, Consumer Confidence, Economic Recovery, Wall Street, Business News
Jill Schlesinger

Why is Wall Street sure that things are honky-dory, while Main Street is plagued by anxiety? Because Main Street has started to accept the reality of the past 20 years and change its behavior.

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What A Jobless Recovery Today Means For Tomorrow?

Leo Hindery, Jr. | Posted 09.17.2009 | Politics

Read More: Economic Recovery, Unemployment, President Obama, Economic Stimulus Package, Middle Class, Jobs, Economic Stimulus, Barack Obama, Politics News
Leo Hindery, Jr.

How can we carry out important national missions such as health care reform and energy reform when nearly 30 million workers are effectively unemployed?

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Banking: Transfer Toxic Assets to a New RTC

Jerry Chautin | Posted 09.17.2009 | Business

Read More: Fdic, Politicians, S&L Crisis, Rtc, President Obama, Banking Crisis, Economic Recovery, Resolution Trust Corporation, Toxic Assets Plan, Financial Institutions, Business News
Jerry Chautin

These banks are not able to resume normal lending operations because they are not willing to dispose of their toxic assets at the current market values.

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The Rise and Fall of Artificial Wealth

Michael D. Intriligator and R. Kyle Martin | Posted 09.17.2009 | Business

Read More: Economic Stimulus Package, Wealth, Economy, Economic Crisis, Financial Crisis, Artificial Wealth, Recovery, Economic Recovery, Recession, Business News
Michael D. Intriligator and R. Kyle Martin

Christina Romer, Chair of the White House Council of Economic Advisors, said she is "incredibly confident" the U.S. economy will recover within a year. We disagree.

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Reinvention is the New Black

Tevis Gale | Posted 09.17.2009 | Living

Read More: Reinvention, Economic Recovery, Survival Tips, Brian Billings, Beth Schoenfeldt, Kathlin Argiro, Small Business, Belief Systems, Madonna, Quitting, Firing, Radioshack, Life-Goals, Work From Home, Moral Values, Reinvent, General Motors, Starbucks, More Magazine, Debt-to-Equity, Goals, Living News
Tevis Gale

If either your bank account or your emotional reserves are bleeding red, reinvention just might get you back to a positive balance.

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Not Your Father's Recovery: Signs Point To Weak Economic Rebound

Washington Post | Neil Irwin | Posted 09.17.2009 | Business

Read More: Small Business, Jobless Rate, Gdp, Wall Street, Finance, Economy, Banks, Federal Reserve, Economic Recovery, Financial System, Job Growth, Business News

Washington Post: The wounded U.S. economy has shown signs of improvement in recent weeks. But many economists, who were caught off guard by the bruta...

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Retailers See Back-To-School Sales Slowing

nytimes.com | STEPHANIE ROSENBLOOM | Posted 09.15.2009 | Business

Read More: Economic Recovery, Recession Isn't Over, Retail Sales, Economic Crisis, Shopping, Retail Sales Slow, Back to School Shopping, Retail, Recession, Back to School, Business News

Halfway through the back-to-school shopping season, retail professionals are predicting the worst performance for stores in more than a decade, yet an...

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Foreclosure Plague: No Cure Yet

CNN | Les Christie, CNNMoney.Com Staff Writer | Posted 09.13.2009 | Business

Read More: Foreclosure Plague, Recession Isn't Over, Economy, Economic Crisis, Economic Recovery, Real Estate, Bank Respossessions, Home Foreclosures, Business News

The foreclosure plague continued to devastate last month. There were more than 360,000 properties with foreclosure filings -- including default not...

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Zorro Rides Again, Maybe Into A Ditch

Dan Dorfman | Posted 09.13.2009 | Business

Read More: US Economy, Bull Market, Economic Recovery, Stock Market, Recession, Bear Market, Economic Crisis, Business News
Dan Dorfman

Verne Kabbel is a super contrary indicator. He has periodically e-mailed me over the past five years and as a forecaster on the direction of the market, he's infallible; I've never known the man to be right.

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If The Recession Didn't Get You, The Recovery Might

ft.com | Posted 09.13.2009 | Business

Read More: The Recession Is Over?, Economic Recovery, Econonic Downturn, Recession Recovery, Recession Fears, Recession, Business News

Difficult and dangerous times lie ahead. They will test businesses to the limit. I am referring not to the recession -- old news from the viewpoint of...

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This Time, We Can't Leave the Middle Class Behind

Jared Bernstein | Posted 09.11.2009 | Politics

Read More: Middle Class Task Force, Jared Bernstein, Economic Recovery, President Obama, Obama Recovery, Obama Economy, Recession, Politics News
Jared Bernstein

Yes, we want to see a GDP recovery take hold as soon as possible. But even then, we won't be done: not until the prosperity we're generating reaches everyone who's contributing to it.

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Hallelujah, Salvation Is At Hand! Or Is It?

Dan Dorfman | Posted 09.11.2009 | Business

Read More: Job Losses, Obama Wall Street, Wall Street Crash, Unemployment Rate, Mortgage Crisis, Obama Financial Crisis, Unemployment Numbers, Global Recession, Dow Industrial, Wall Street Crisis, Mortgage Relief, Unemployment, Obama Job Loss, Wall Street, Economic Recession, Recession Fears, Global Financial Crisis, Economic Stimulus, Economic Recovery, Business News
Dan Dorfman

Fundamental problems are not being resolved, but rather papered over: the excess debt of low quality, excess speculation in the financial markets and mushrooming debt and deficits.

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Craft Statewide Force to Spur Jobs, New Kinds of Businesses

Kathryn Wylde | Posted 09.11.2009 | New York

Read More: Kathy Wylde, Empire Zones, Albany, David Paterson, New York State Senate, New York State, Economic Development, Public/Private Partnerships, Richard Ravitch, Economic Recovery, Innovation, Entrepreneurship, Partnership for New York City, New York News
Kathryn Wylde

From a business perspective, nothing could be worse during this period of economic uncertainty than the chaos and instability that have characterized New York state government during the past two years.

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Popular 'Cash For Clunkers' Thins Out Car Lots

washingtonpost.com | Dana Hedgpeth | Posted 09.11.2009 | Business

Read More: Economic Recovery, Cash for Clunkers, U.S. Goverment, Cars, Goverment Stimulus, Car Trade Ins, Recession, Car Dealerships, Business News

The U.S. government's "Cash for Clunkers" program has prompted so many buyers to trade in their old cars for new ones that some dealers say their lots...

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The Human Element: Managing Human Capital in the New Era of Business

Jon Younger | Posted 09.07.2009 | Business

Read More: Global Company, Pricewaterhousecoopers, Employees, Gen Y, Economic Recovery, Job Mobility, Management, Business News
Jon Younger

As the economic recovery takes hold, more companies are beginning to shift their focus from survival to winning. An important aspect of this shift is the resumption of the war for talent.

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What We Do Know About the Recovery

Mike Pickett | Posted 09.07.2009 | Business

Read More: recovery.gov, Economic Recovery, Economic Stimulus Package, American Recovery and Reinvestment Act of 2009, Business News
Mike Pickett

While Recovery.Gov shows where federal funds have been spent, it is not yet tracking the state and local level contracts, where much of the job creation will take place.

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Recovery Act Provides Affordable Housing for KS Families

Mike Nellis | Posted 08.30.2009 | Politics

Read More: Economic Recovery, Recovert Act, Barack Obama, Governor Mark Parkinson, Kansas Democratic Party, Kansas, Politics News
Mike Nellis

The American Recovery and Reinvestment Act is starting to take shape right here in Kansas

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A Modest Sign of Recovery

Anne Hill | Posted 08.29.2009 | Living

Read More: Coincidences, Dreams, Twitter, Wpa, Economy, Economic Crisis, Email, Economic Recovery, Texting, The Nature Conservancy, Junk Mail, Living News
Anne Hill

To gauge the pulse of the nation, I just step into my town's post office and see what strange things the mail has brought.

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Fed Survey: Economy Has "Begun To Stabilize, Albeit At A Low Level."

AP | JEANNINE AVERSA | Posted 08.29.2009 | Business

Read More: Economic Recovery, Federal Bailouts, Fed Survey, Federal Budget Deficit, Economic Crisis, Economic Meltdown, Federal Reserve, Ben Bernanke, Business News

WASHINGTON — The economy is finally showing signs of stabilizing in some regions of the country – especially in parts of the Northeast and...

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