With huge budget shortfall looming, Maine governor orders $63 million in cutbacks

Maine governor orders $63M in department cutbacks

Weak demand and rising crude prices lead to another refinery closing; 550 workers let go

With fuel demand week, refineries shutting down

US newspaper advertising revenue plunges 28 pct to $6.4 billion as slump enters fourth year

US newspaper ad revenue drops 28 pct to $6.4B

J.C. Penney CEO navigates tough economy with exclusive brands, optimism and life experience

Penney CEO: Why the recession is good news for us

Bio Box: J.C. Penney CEO Mike Ullman talks about managing through the recession

Bio Box: Penney CEO Mike Ullman

NAME: Myron E. Ullman III, known as Mike

Gold surges past $1,150 an ounce; silver, copper hit multi-month highs as dollar weakens

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Head of US international AIDS program says recession not dampening his efforts

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Census: Small US cities have better quality of life but economic picture is steadily worsening

President Barack Obama
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FACT CHECK: On bailouts, reformer credentials and more, Palin’s bio goes rogue on some facts

President Barack Obama
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Shifting gears, Obama eyes domestic spending freeze, cuts to 5 percent in deficit-cutting bid

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Dollar keeps dropping as investors hunt for high yields; trade deficit wider despite weak buck

Dollar decline continues as trade deficit widens

Trade deficit widens by most since 1999 in Sept., big rise in foreign oil swamps export gain

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Dollar General shares rise in debut after pricing below expected range

Dollar General shares rise in debut

PORTLAND, Ore. — A strong debut by Dollar General in its first day of trading may signal a warmer reception for public offerings, a market that nearly froze last year and has had a fitful recovery.

European stocks steady ahead of Wall Street; investors looking to see if S&P can break 1,100

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Trade deficit jumps more than expected in Sept. as big rise in foreign oil swamps export gain

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Abercrombie & Fitch net income falls in third quarter as weak sales persist

Abercrombie & Fitch 3rd-quarter profit falls

Eurozone out of recession after economy grows 0.4 percent in third quarter

Eurozone emerges from recession in 3rd quarter

European markets mixed after 3rd quarter GDP figures; BA, Iberia stocks rise on planned merger

European stocks fluctuate after growth data

Eurozone emerges from recession after economy grows 0.4 percent in third quarter

Eurozone out of recession after 0.4 percent growth

Unemployment claims at lowest since January as White House announces jobs summit

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Buffett, Gates tell Columbia students global economy will survive; ‘capitalism is great’

Buffett, Gates tell students worst is behind us

With school districts cutting back, teacher shortages have given way to a teacher glut

Teacher shortage gives way to teacher glut

Federal deficit hits record $176.4 billion for Oct. as revenues plunge, spending remains high

Federal deficit sets October record of $176.4B

New claims for jobless benefits fall more than expected, not yet enough to signal job growth

News Pres Obama Healthcare

First-time jobless claims fall more than expected to 502,000, lowest level since early January

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International Energy Agency says global recovery could be threatened by rising oil prices

Higher oil prices seen threatening global recovery

Federal deficit expected to hit $150 billion in October, 1st month in new budget year

Ahead of the Bell: Federal Budget

WASHINGTON — The federal deficit is expected to hit $150 billion for the first month in the new budget year, headed toward another $1 trillion-plus tide of red ink. Economists worry such deficits could push up interest rates, adding a further drag on the fragile economic recovery.

Eurozone industrial output up modest 0.3 percent in September from previous month

Eurozone industrial output up modest 0.3 percent

APEC: Nations must rein in stimulus spending, ensure stable growth in post-crisis period

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Recessions And Depressions

  • incomesearch88 Does Gold Always Go Up in Recessions and Depressions | IBT ...: I have often readGold always goes up in recessi.. https://bit.ly/4eg2TG
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Recessions And Depressions

  • rabaya RT @businesswaves: The Economic Recovery of 2009: Economic Recessions and Economic Depressions https://trcb.us/Gj7
  • harleyharrington The Economic Recovery of 2009: Economic Recessions and Economic Depressions https://trcb.us/Dzr
  • jchronowski47 @Philknowsbest it goes up and down there are recessions and depressions the main thing is not to panic
  • sottolaw @davezirk In fact, according to Modern Money Mechanics, depressions and recessions are built in. Bankruptcy and debt are unavoidable.
  • tmhaines In recessions and depressions past, entertainment that offered escapism has prospered. This recession, twitter offers a way out of reality.
  • cryhughes Krugman is advancing the war: "Keynesian economics remains the best framework we have for making sense of recessions and depressions"
  • antoinebertier This seems, however, like a good time to recall the words of H. L. Mencken: There is always an easy solution to every human problem neat, plausible and wrong.
  • rhm2k Rich Innovation, cloud computing and the economy on my mind. Would be interesting to do historical look at rate of innovation / importance of the innovations that emerge during sustained economic downturns (depressions, recessions).
  • yixuans The idea that gold reliably rises during recessions and depressions is wrong
  • newmogul The idea that gold reliably rises during recessions and depressions is wrong https://bit.ly/X6KZZ
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