Archive for the 'Economy' Category
A Quick Economic Recovery
Economists and other experts are predicting some wild ideas. Some economists from around the country have predicted a quick and strong economic recovery. What exactly is their reasoning? They figure that because the economy took such a dramatic downturn, it is bound to experience a fast and strong recovery.
It [...]
Citi’s Foreclosure Prevention Plan
Citigroup and Democrats have been working hard on reaching an agreement that would help homeowners. The two groups finally came to an agreement on January 8, 2009. The proposed legislation would “allow judges to reduce mortgage debt for individuals who have filed for bankruptcy.”
Many Democrats hope that Citigroup’s involvement would [...]
Bush’s New Bailout Request
The Bush administration and the Obama team have teamed up to propose a new bailout request. They plan to ask for the second half of the $700 billion financial rescue package soon. Even though there is fierce opposition in Congress, the two teams have determined to push through.
This newest decision [...]
Economic Hope for 2009
2008 has brought many people economic distress. Millions of people have lost their jobs and/or their homes. The U.S. government has enacted a bailout plan in order to save the economy. Experts predict that all could be well, as far as the economy goes, by the middle of 2009.
Yes, [...]
Could things finally be looking up on Wall Street? The Dow and S&P 500 both ended up before the Thanksgiving holiday. The Dow and the S&P 500 finished a bit higher for the fifth straight session in a row. This marks one of Wall Street’s best weeks in several months.
The Dow Jones Industrial was up [...]
The Checklist: What to Do If You Get Laid Off
Layoffs are becoming more common these days. In the past month, five of our close family members have been laid off from their jobs. Layoffs are happening unexpectedly. Here are some tips that are sure to come in handy if you get laid-off.
Don’t do anything drastic. [...]
The Bailout Waiting Game
For over two weeks now, our country has had to wait and see if the Bailout Bill would be passed. Congress passed the bill on Friday and President Bush signed it into action. But, the waiting game isn’t over. We now have to wait and see if the $700 billion rescue plan [...]
|
