Word: quarters
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Dates: during 2000-2009
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...economy. The automakers and their suppliers employ more than 2.5 million American workers - nearly one in 10 U.S. jobs. The $15 billion is intended to see Chrysler and GM in particular - Ford is in better financial shape and is not asking for any short-term help - through the first quarter next year and to give the incoming Obama Administration time to work out a more long-term solution...
...year. Current estimates for 2009 hover around 3 percent, even as economies around the world stagnate or shrink. Yet the government’s more optimistic prediction, of 3.5-4 percent, was reinforced by yesterday’s release of exceptional growth data (6.8 percent for the third quarter...
...about 2.5% and lend at 5% now borrows at 2.5% and lends at 4% - an entire percentage point has been stripped from the bank's ability to make money. More than half of all banks saw their net interest margin - a measure of profit - fall in the third quarter compared with a year ago, according to the Federal Deposit Insurance Corporation. "After you pay your stockholders and employees, maintain your capital ratio and fund your growth, it gets pretty tight," says Mike Menzies, president and CEO of Easton Bank & Trust in Easton, Md. (See pictures of the recession...
Despite the prevalence of psychiatric disorders among 18- to 24-year-olds, only one quarter of them receive treatment, and college students are less likely to seek medical help than those not attending college, the study found...
...Toyota, the industry behemoth, just recorded its seventh consecutive month of declining sales, and the company's second-quarter net profit plunged nearly 70%. Toyota has cut its earnings forecast for the fiscal year ending March 2009 to $6 billion, which is just one-third the profit it made the previous year. "You are looking at the deepest downturn that Japanese automakers have ever seen," says Chris Richter, senior research analyst at CLSA, a Hong Kong-based brokerage house. "They've faced downturns before, but not downturns in virtually every global market simultaneously. Even Honda Civics and Toyota Priuses aren...