Word: recessional
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Maybe I was just remembering the flavor of old-fashioned instant coffee wrong? Nope. I took a sip of the Folgers - oh, sweet Jesus, it was worse than I remembered: like an evil madeleine, tasting of ground plastic and pencil leads and unwise life choices. (See 10 big recession surprises...
In August, 9.6 percent of the United States labor force was unemployed. If there is ever a good time to fire illegal immigrants, it is during a recession when citizens and documented immigrants are in need of jobs and able to fill any gaps left by undocumented immigrants. In this...
Finances Naturally, some Londoners are worried that organizers won't be able to stick to their ?9.3 billion ($14.8 billion) budget and taxpayers will end up shelling out any extra money required. Of the public Olympic financing bodies, the British government is kicking in nearly ?6 billion ($9.5 billion), the...
But she noted that in this “once-in-70-year recession,” nearly all investment classes experienced significant losses, and she said that preliminary examinations suggest “marginal, not radical, changes may be warranted.”
As the only U.S. car manufacturer that didn't need a government bailout, Ford Motor was in better financial shape than its peers to ride out the recession. The question now is whether Ford is well positioned to prosper as the global economy begins to recover. The answer from Ford...