All Posts Tagged With: "economy"
US Postal Service Set to Cut 7,500 Jobs
The US Postal Service has announced it will cut 7,500 jobs by the end of 2011. The cuts are mainly scheduled to affect administrative and executive jobs. The Postal service will also be closing seven district offices around the nation. The cuts in workforces are the latest attempt to reorganize the USPS. It is expected [...]
Walmart (NYSE:WMT) Holds Off on Hiring Head of Merchandise Position
Retail giant Walmart (NYSE: WMT) has raised some eyebrows over their decision to forgo hiring a new chief merchandising officer for the time being. They have opted to hire instead four new heads of product to take over responsibilities. John Fleming, former head of merchandising for Walmart, stepped down on August 1. He served 10 [...]
Short Cruises Present Budget-Friendly Vacations with Full Amenities
Weekend getaways are often times just what the doctor ordered to re-energize one’s mind, body and soul or to just have a little fun. Cruising on a three-night itinerary can fit the bill without breaking the bank. These cruises offer great cuisine, accommodations and entertainment as well as the opportunity to experience the Bahamian culture. [...]
829 US Banks Still At Risk Says FDIC
The FDIC says that more than a tenth of banks in the United States are still at risk of failing even though the economy is showing improvement. Out of the 7,800 banks in the US, 829 were still having problems. Another 118 banks have failed already in 2010. For the first time in 38 years, [...]
Things to Consider When Rejoining the Workforce
The economy has everyone on edge. Perhaps you are one of those unfortunate Americans who have recently lost their job and are looking for a new one. Or maybe you’re a stay at home parent who needs to earn an income to help ease the pressure of rising costs in the household by rejoining the [...]
Wal-Mart, Home Depot Cutting Jobs
Recent data has shown the economy in the United States is slowly recovering. However, this has not automatically translated to people keeping their jobs, or finding new ones. Some of the largest retail chains in the country are continuing to lay off employees at a staggering rate. Wal-Mart Stores, Inc. announced plans on cutting over [...]
How a Savings Plan Can Help Global Recovery
The beginning of 2010 has seen the dust settling on the global financial crisis. The worst appears to be over, and world-wide, governments and business have recovery plans under way. Confidence is returning to business and households, with both groups looking to the future. This is an excellent time for salary earners to re-assess their [...]
Will Congressional Bailouts Stop Sinking the Ship?
Congress made history in 2009 by loaning billions of dollars to failing banks across the country in an effort to boost the disastrous economy. Many Americans were outraged as it began to appear as though big business could mishandle exorbitant amounts of money and just sit back and let the federal government toss money at [...]
Job Prospects for Recent Grads are Bleak
November’s unemployment rates showed a national average of 10%, down just slightly over the previous month. For recent college grads and you adults ranging from 20-24 years, the rates crept up higher to an astounding 16%. Even students that go to high ranked universities and graduate with honors are having a tough time finding employment. [...]
Did the Economy Sound the Death Toll for Black Friday?
Black Friday is traditionally known as the biggest shopping day of the year. With the state of the current economy still at a low point, how did Black Friday 2009 shape up? Did consumers bring the ka-ching to the nation’s retailers or has Black Friday turned red? Overall, retailers made some major changes in their [...]
US Economy: Slower Recovery Than First Reported
Today the US Commerce Department released solid figures for the third quarter. They reported that the US Economy only grew by 2.8% last quarter (July-Sept). Originally it was thought to have grown 2.8%. While the economy is showing signs of recovery, it is a slow, struggling battle. On the positive side, after four quarters in [...]
Worst is Yet to Come With Possible “Double-Dip” Recession
The outlook on the recession continues to be bleak. With another 200,000 jobs lost in October, 2009, the unemployment rate now sits at 10.2%. According to the New York Daily News, if you figure in the partially employed and “discouraged” workers, the figure actually sits at 17.5%. The numbers are bleak, and not looking to [...]
Beat Vacation Blues by Capturing Travel Deals
Depressed that your summer vacation is over? You’re not alone. TripAdvisor released results from its “post-vacation blues” survey revealing that 56 percent of U.S. travelers surveyed said they often get the post-vacation blues upon returning from a trip. There are ways to combat this feeling…plan another vacation, and the travel deals are continuing in full [...]
Top Issues of Consumers
The results of a national survey in August and September provide additional confirmation that economic concerns are the top worry on the minds of consumers in America. The Center for Food Integrity released their findings on the top eleven issues. The mean scores are between zero and 10 with the higher scores being of the greatest [...]
Will the Christmas Buying Season Be Better This Year?
Some financial handicappers are predicting a lack-luster Holiday buying season. These predictions are based upon overall prevailing consumer attitudes, which are not likely to change in the next few months. Compared to last year, a prediction of a similar buying season is not good for retailers who went all out to produce some of the [...]
Consumers Living in the Moment and Spending Time at Home
Discussion about the recession may be on the decline but that doesn’t mean consumers have brightened their outlook. Recent consumer surveys show that stress is still high as consumers try to weather the financial storm. Consumers have trimmed spending where they can; taking advantage of coupons, purchasing store brand over national brand and eating at [...]
Economic Recovery is Here, But Slow Moving
Looking at economic numbers that are presented to us every day, we see evidence that a recovery is beginning to take root. But, the bad news is that a few key indices show little improvement. Some parts of the economy will hold any recovery to a slow crawl. Maybe a slow and sure recovery is [...]
Cash For Your Clunky Appliances?
The $2.9 billion cash-for-clunkers car program ended on August 24th. While everyone had a different opinion as to it’s level of success, there is no denying that the program helped stimulate the automobile sales. The exact results of the affect on the US GDP will be provided sometime in the upcoming months by both auto [...]
Bad Economy Means Good Buys
There is always a silver lining, right? Consider that when things go badly in the economy, that is the time when prices drop on some items that you might need to purchase. Here are some things that have very good prices right now. Cars and trucks. Could this be the best time to buy a [...]
Time for a Naycation: 8 Tips to Rejuvenate at Home
The heightened alert level resulting from the swine flu, continued economic woes, and uncertainty might cause you to put off your vacation plans. How about taking a vacation without traveling? How to rejuvenate without spending money? That’s the challenge. Wellness expert and author Asha Praver explains “Take a holiday at home — nothing special there. [...]
Living In A Recession
This article is provided by Kathy Zengolewicz, a student of MakeMoneyFromWriting.com, where she is learning how to find freelance writing jobs and establish an online writing business. Kathy is the founder of The Ardent Author What is a recession? A recession is when there is a decline in industrial production, employment, real income, and wholesale-retail [...]
Disney Announces Military Travel Promotion for 2009
Disney has kicked off 2009 with many free firsts. Not only is 2009 the year of “What will you Celebrate?” promotion, providing a free ticket to guests on their birthday, but they have trumped their own offer by extending a complimentary five-day park hopper (with water parks) ticket to military personnel in 2009 valid at [...]
2009 Travel Trends: Americans Traveling & Taking Advantage of Vacation Deals
American travelers are resilient and having weathered bankrupt airlines, gas prices nearing $5 a gallon, fuel supplements, new fees for checked bags, additional fees for airline amenities, reduced airline capacity and other news-making issues in 2008, these vacation warriors are preparing their 2009 vacations. 2009 predictions might be lower than a fairly stable 2008 vacation [...]
Thanksgiving Travel: Americans Preparing for Busy Holiday Trips
In less than one week, travelers will be packing up the cars, turkeys and suitcases on the way to “grandma’s house” for a Thanksgiving holiday. Or perhaps a travel destination this holiday might be to the beach or a shopping mall. TripAdvisor® and AAA have announced the results of its Thanksgiving travel survey and forecasts and [...]
How to Plan for a Job Change – Unexpected or Otherwise
As the economy continues to struggle, many employers are faced with the toughest of decisions – how to let go of a trusted group of employees. Many employees are faced with the difficult decision to depart for a better financial opportunity. Whatever the reason behind a job change, the fact remains that without proper preparation, [...]
Never a Better Time to Become Frugal
As our economy continues to nose dive, it’s never been a better time to put away the credit cards and change from the “spend, spend, spend” attitude this generation has adapted to one of “pay off and save”. It’s probably not the best idea to sit back and try to ride-out the current market downswing [...]
Don’t Get Suckered into Fraudulent Loans
Sadly, on top of all of the other negative things that are going on across the nation and the world, such as an unstable economy, consumers also have to contend with acts of fraud and unsavory business types that can destroy lives. One such notable problem that has been in the news lately is the [...]
I agree. If a local business is the one offering the sale price I will buy it from them. ...
We are retired and live on a grocery budget of $200 a month for 2 people in the Midwest. That ...