View By Tag : economic crisis

Weak Economy Slows Inflation As Housing Starts Rise (airamerica.com)

The economy is weak enough to keep inflation in check but strong enough to increase the pace of home construction and raise hopes for a sustained recovery.

Tags: airline fares,airline travel,automotive products,ben bernanke,consumer products,dairy products,department of commerce,department of labor,dow 30,economic crisis,energy,energy prices,federal reserve system,financial services,food prices,foreign oil,fuel oi

Submitted 3 months ago by lizchapman | 0 Comments |

Credit Card Delinquencies Expected To Slow In 2010 (airamerica.com) TMC

Consumers are expected to further improve their credit management in 2010, but unemployment will hamper the efforts of many Americans to make their credit card payments on time.

Tags: credit cards,deliquincies,economic crisis,financial crisis,financial services,late payments,mastercard,transunion,tmc

Submitted 3 months ago by lizchapman | 0 Comments |

Obama Uses Policy Grab-Bag To Fight Recession (airamerica.com)

President Barack Obama, battling the worst downturn since FDR's time, has put together a grab-bag program that borrows a little from Roosevelt but much more closely resembles the approach taken by... More

Tags: fdr,obama,bank bailout,civilian conservation corps,economic crisis,financial crisis,bush,ford,housing crisis,inflation,carter,oil stocks,recession,regan,work progress administration

Submitted 3 months ago by lizchapman | 0 Comments |

Weekly Audit: Unemployment Fueling Political Storm (open.salon.com) TMC

Unemployment figures in the U.S. are staggering: The official rate stands at 10.2%, the highest in 26 years. A broader measure that includes people who are involuntarily working part-time or who have... More

Tags: wall street,unemployment rate,unemployment,regulation,obama,layoffs,labor market,financial regulation,federal reserve,economy,economic crisis,audit the fed,tmc

Submitted 3 months ago by lizchapman | 0 Comments |

Treasury Finally Focuses TARP On Small Banks And Credit (airamerica.com) TMC

At crisis' edge last year, they are repaying billions of dollars dumped into their vaults to rescue them. Dividend checks are accumulating at the Treasury. Taxpayers won't recoup the full sum of the... More

Tags: treasury,bank infusions,business lender,congressional bgetud,douglas holtzeakin,economic crisis,exotic financial products,financial crisis,george w bush,john mccain,large banking institutions,obama administration,real estate,loans,tarp,TMC

Submitted 3 months ago by lizchapman | 0 Comments |

Financial Crisis Inquiry Kicks into High Gear (www.thenation.com) TMC

Americans want to know what went wrong during last year's economic meltdown. The Financial Crisis Inquiry Commission will find the answers.

Tags: fcic,economists,bonuses,pecora commission,bailout recipients,economic crisis,tmc

Submitted 4 months ago by lizchapman | 0 Comments |

Barney Frank Wants Bailout Interest Payments To Go To Unemployed Homeowners (airamerica.com) TMC

Rep. Barney Frank said Monday he is pushing a proposal to use some of the interest the government collects from the financial industry bailout to give loans to unemployed homeowners struggling to pay... More

Tags: barry frank,bailout,loans,unemployment,mortgages,obama,financial service committee,tarp,economic crisis,congress,development,tmc

Submitted 4 months ago by lizchapman | 0 Comments |

Weak Home Building Numbers A Drag On The Economic Recovery (airamerica.com) TMC

The budding economic recovery is getting little help from the home building industry, which normally creates jobs and boosts growth as a recession ends.

Tags: obama,car prices,construction,dept of commerce,dept of labor,economic crisis,economic recovery,foreclosure,h0using crisis,tmc

Submitted 4 months ago by lizchapman | 0 Comments |

Weekly Audit: Saying 'No' to Corporate America (open.salon.com) TMC

By proposing financial reforms that won’t curb Wall Street excess, U.S. policymakers have offered an unacceptably weak response to our enormous financial crisis. If voters don’t demand that their... More

Tags: wall street,bailout,unemployment rate,second stimulus,obama,lobbyists,economy,economic stimulus,economic crisis,chamber of commerce,bank bailout,tmc

Submitted 4 months ago by lizchapman | 0 Comments |

No Economic Disaster Here, Folks. Just Move Along (www.salon.com) TMC

A conservative economist says Americans are consuming merrily away, so the recession can't have been all that bad

Tags: main street,commercial real estate,casey mulligan,conservative economist,economic crisis,tmc

Submitted 4 months ago by lizchapman | 0 Comments |

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