“Possible” Recession

At certain times of the day, you may notice less people out on the roads and less people in restaurants. Gas prices are reaching four dollars a gallon and the American dollar just doesn’t seem to be going as far as [...]

It’s Hitting The Big Time

Big entertainment companies are feeling the hit from the “possible recession.” Consumers aren’t as quick to spend their money on the entertainment industry. Movie ticket prices are up and cable bills are topping $100 a month. Many companies rely on DVD sales, which are declining when it may be cheaper to just rent the movie.
Goldman [...]

Middle Class Food Bank

For some people, going out to eat and to the movies just isn’t in the picture any more. The job market is down and people are losing their jobs. The housing market is down as well, people can’t sell their houses.
CNN told the story of a single mother who lost her $70,000 a year [...]

You Got A Job! Good Luck Keeping It!

The Labor Department has reported that 80,000 jobs were lost in the month of March, and the unemployment rate is high.
The report also said that 76,000 jobs were lost in January and February. It is now estimated that 232,000 jobs were lost in the first three months of the year.
The unemployment rate has risen from [...]

Some Good News (Maybe)

While some companies are hurting, others are thriving.
Several airlines have had to close their doors, but the railroad business is benefiting. They are more cost efficient, more fuel efficient.
Consumers, mainly businesses, have been turning to them for transportation needs as opposed to package carriers.
Although it hasn’t been officially admitted, our economy may be in a [...]