recession

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Getting Back to the Basics

What would happen if just one million of women business owners each generated one million dollars in revenue? What would that do for this sluggish economy? How many jobs would be created? We’re on our way to finding out...
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Shifting the Blame: Obama addresses Wall Street

Just moments ago, on the anniversary of Lehman Brothers bankruptcy, President Obama warned Wall Street against taking more reckless risks with Americans money. He told Wall Street that there would be no more bailouts and he credited the $787 billion ‘stimulus package’ for saving America from another Great Depression.
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Nikes Recent Layoffs

Swoosh. And just like that, 1,400 jobs, or about one twentieth of its workforce, are gone from Nike, proving perhaps that even a company that makes sneakers and...
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The Valiant Recessionary Investor

Although measures of investor confidence are up from their December 2008 low, the dizzy American market still teeters on fear. And it’s no wonder. With a full basket of financial woes and dominoes still toppling around the world, the economic prophets declare the Great Recession will persist through the rest of 2009.