Economists say USA is in recession
Time after time, we’ve joked in econ class about America’s recession. Well kids, the day has finally come. (I seem to sound happy… but I’m not, hehe) Two thirds of a pool of 52 economists have stated that the U.S. is in or entering into a recession (like we didn’t [...]
Continue reading about America is “finally” in its recession »
Troubled U.S. homeowners fall prey to ‘rescue’ scams
The government is giving middle class citizens a care package of 300 dollars each, but is this money going to waste as American families struggle to keep their homes, losing their money to frauds?
“Property ownership is an integral part of the American dream,” [Debra Zimmerman] said. “When homeowners [...]
Continue reading about Government Care Package Going to Waste? »
In Fed we trust, but can it get us out of this mess?
The authors of this article essentially tackle the question of whether the Fed’s actions will be able to bring America out of the economic crisis that we face right now.
As the Fed meets Tuesday consider another deep cut in the short-term lending rate [...]
Continue reading about Can the Feds get us out of the inning? »
The Wal-Mart Puzzle
As the American economy heads downhill, particularly with individuals at the bottom of the income ladder struggling and the retail sector gasping for breaths, one would think that Wal-Mart, catering to the working class, would follow the winds of the economy. However, quite on the contrary:
The nation’s largest retailer, which caters to working-class [...]
Continue reading about Wal-Mart Powers Through the Recession? »
Mama Mia. =)
Anyway, when I was a kid, I wondered why we couldn’t just print more and more money at home to use. It seemed simple enough for our ink jet printer to handle… A few years later I’d learn that it’s illegal to print the money yourself and that only the government could print [...]
Continue reading about “Money, Money, Money! Must Have Money, In a Rich Man’s World” »
As a pre-amb, the article can be found at this URL: http://www.nypost.com/seven/01182008/business/cleaning_the_racks_368974.htm?page=0
Most of us probably had no idea since we don’t live in the US at the moment, but apparently…
RETAIL behemoth Wal-Mart is tossing more than 1,000 magazines from the racks in its stores, sending yet another shock wave through the battered publishing industry.
Some of [...]
Continue reading about Walmart “Cleaing the Racks,” Positive or Negative Externality? »
At the moment, very few staple genetically modified food crops have been licensed for commercial growth, however, is this trend about to change its direction?
An article, titled “The Real GM Food Scandal,” argues that the side advocating GM foods is growing stronger and stronger, wheras the opponents of these genetically modified crops (referred to [...]
Continue reading about Demand and supply for genetically modified foods soon to rise? »
