Word: recessional
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While the revenue of state and local governments are falling, their obligations are not. On average, states have funded only 83% of what they owe or will owe to their retired workers. Many states have done a much worse: West Virginia, Road Island, Connecticut and Oklahoma all have less than...
See photos of the recession of 1958
The $760 million company, which has more than 1,500 locations in the U.S., needs a spark. The recession has forced diners to flee restaurants like Denny's, the Cheesecake Factory and P.F. Chang's and head to either cheaper fast-food joints or the comfort of home. "For Denny...
See which businesses are bucking the recession.
Denny's deserves credit for mapping out, and executing, these bold, relatively unique recession-fighting strategies. Sadly, they still might not work. Back in New Jersey, Pat Blakovich, a dog groomer, had just finished sharing the two-for-one Grand Slam meal with a friend. She went to Denny's...