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Great Recession

Auto Industry's Output Falls As Manufacturing Growth Flatlines

AP | By MARTIN CRUTSINGER | Posted 09.14.2011 | Business

WASHINGTON -- U.S. auto factories produced fewer goods in June than the previous month, and overall factory production was flat. It marked the third s...

Tattoos: An Oddly Recession-Proof Industry

Daily Finance | Loren Berlin | Posted 09.14.2011 | Business

In today's challenging economy, when unemployment continues to hover near 9%, people are also choosing to remove tattoos to appeal to potential employ...

Citigroup Turns Profit For Sixth Consecutive Quarter

AP | PALLAVI GOGOI | Posted 09.14.2011 | Business

NEW YORK — Citigroup Inc. has long boasted of its international scope. It has a presence in 140 countries, more than any other U.S. bank. Now, ...

Volkswagen Set A New First-Half Sales Record

AP | By DAVID RISING | Posted 09.14.2011 | Business

BERLIN -- Germany's Volkswagen AG, Europe's largest automaker, said Friday it set a new first-half group sales record, as strong growth in the Asia-Pa...

Lila Shapiro

Layoffs Return, Along With Fears Of Deepening Economic Stagnation

HuffingtonPost.com | Lila Shapiro | Posted 09.13.2011 | Business

In recent months, as the unemployment rate has unexpectedly climbed, experts have put the blame on a lean job market, asserting that employers still s...

Morgan Stanley Denies Report It Could Lay Off 'Possibly Thousands Of Jobs'

Posted 09.13.2011 | Business

NEW YORK (Lauren Tara LaCapra) - Morgan Stanley (MS.N) might lay off more workers than the few hundred underperforming financial advisers it previ...

'Forget Deficit Reduction: Here Comes More Stimulus'

Fortune | John Cassidy | Posted 09.12.2011 | Business

With all the talk of debt ceilings and federal spending cuts, you might think that the era of stimulus programs was behind us. Think again. I strongly...

Shahien Nasiripour

Financial Crisis Panel Commissioners Leaked Confidential Information To Lobbyists, Report Alleges

HuffingtonPost.com | Shahien Nasiripour | Posted 09.12.2011 | Business

Republican commissioners on the panel created by Congress to probe the roots of the financial crisis leaked documents to partisan allies and shared co...

Official: Curtailing Dodd-Frank Leaves Economy Open To "Collapses And Crises"

Posted 09.12.2011 | Business

WASHINGTON (Margaret Chadbourn) - The law overhauling the financial system should continue to protect the economy in the future despite any challe...

Recession-Hit NJ Cities May Face Credit Downgrade

Posted 09.12.2011 | Business

NEW YORK (Edith Honan) - Six struggling New Jersey cities were warned on Tuesday their credit ratings might be downgraded by Moody's Investors Ser...

'Blaming Fannie for Crash Gives Banks Free Pass'

Bloomberg | William D. Cohan | Posted 09.12.2011 | Business

As should be abundantly clear by now to anyone who has taken the time to study things carefully, there were many factors that contributed to the calam...

Fed Officials: Recent Lack Of Job Growth Of 'Particular Concern'

AP | MARTIN CRUTSINGER | Posted 09.11.2011 | Business

WASHINGTON — Federal Reserve officials at their last meeting expressed concerns that the weakening job market might hold back the recovery. But ...

America's Latest Crime Trend: Air Conditioner Thieves

The Huffington Post | James Sunshine | Posted 09.10.2011 | Business

If a recent trend is any indication, thieves across the country aren't only interested in your money. They're after your air conditioners too. Acr...

C-Word 40: A Man Like America

Cintra Wilson | Posted 09.11.2011 | Home
Cintra Wilson

You have been married to America for a long time. You invested all your money in a house which he allowed to deteriorate, along with your relationship. He has always been evasive -- now you strongly suspect he is constantly lying to you.

Struggling Americans Avoiding All But Essential Items At Dollar Stores

The Huffington Post | Harry Bradford | Posted 09.11.2011 | Business

Some Americans have become concerned enough about their finances that even a spending spree at the local dollar store now seems excessive. Followi...

10 States Where Blue Collar Jobs Are Disappearing

24/7 Wall St. | Posted 09.11.2011 | Business

24/7 Wall St.: The size of the American blue-collar workforce continued to decline in the last decade. Between 2000 and 2010, the economy lost roughly...

Small, Medium-Sized Businesses Not Expecting Growth To Pick Up

Posted 09.11.2011 | Business

NEW YORK Alexandra Alper) - Small and medium-sized companies are increasingly glum about the chances of a pickup in growth in the U.S. economy ov...

Retailers Plan To Use Extra Cash On New Technology: Survey

Posted 09.11.2011 | Business

CHICAGO - Retailers have cash on their balance sheets and nearly half of 100 top retail executives said they are planning to spend it on technolog...

One-Fifth Of Personal Income Tied To Government Payments Last Year

The Huffington Post | James Sunshine | Posted 09.10.2011 | Business

This post has been corrected. With employment only increasing by a net total of 18,000 jobs in June, a new report by Moody's Analytics suggests jus...

Krugman: America's Weak Job Growth Is A 'Choice, Not A Necessity'

New York Times | Paul Krugman | Posted 09.10.2011 | Business

If you were shocked by Friday's job report, if you thought we were doing well and were taken aback by the bad news, you haven't been paying attention....

Payday Lenders, Pawn Shops Benefit As America's Economy Sputters

Associated Press | Bernard Condon | Posted 09.09.2011 | Business

NEW YORK (AP) -- As the jobless rate inches up and the economic recovery sputters, investors looking for a few good stocks may want to follow the mone...

African-American Economic Gains Reversed By Great Recession

AP | JESSE WASHINGTON | Posted 09.09.2011 | Business

(AP) BALTIMORE -- Growing up black in the segregated 1960s, Deborah Goldring slept two to a bed, got evicted from apartment after apartment, and watch...

10 States Running Out Of Children

24/7 Wall St. | Posted 09.09.2011 | Business

The portion of the U.S. population that is under 15 years of age has dropped slightly during the last decade, and the ripple effect of this already ha...

Economists Expect Jobless Rate To Fall Despite Weak Jobs Report: Poll

Posted 09.08.2011 | Business

NEW YORK (Chris Reese) - Economists at top financial institutions expect the U.S. unemployment rate to fall in 2011 and 2012 despite a surprisingl...

Walmart Supreme Court Ruling Being Used By Wall Street

Posted 09.07.2011 | Business

WILMINGTON (Tom Hals) - The U.S. Supreme Court's dismissal of a massive sex-bias case against Wal-Mart Stores Inc may have handed Wall Street a ne...