This is the peak time for us to prepare ourselves from fighting bad economy, so that you don’t have to struggle for an entire year that is going to arrive very soon. You don’t have to be gladiators or mighty Knights to fight it. Just know the basics, stick to wise decisions, don’t go for over risks, and be prepared for any bad situations. That’s it; you are done. Nobody can win over this thing called recession but at least you can get yourself out of it without getting much…
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US economy is growing slow
President Bush is influencing the urging lawmakers to pass the cooperation to financial system bailout bill, which is fashioned in marathon weekend bargaining. It is needed for maintaining stable growth in US economy and in stopping the crisis of financial industry from spreading across the economy. Bush made the statement at the White House, assuring the Americans for approving the administration’s $700 billion rescue plan, which is the right thing to do right now. Bush spoke amid continued nervousness in financial markets at home and overseas and discussed about the…
Read MoreMass Layoffs Increase Jobless Beneficiaries
The claims of unemployment benefits are reported to reach record numbers. The increase in mass layoffs and the decreased hiring in firms all over the country has peaked the number of people turning to the federal offices asserting the unemployment benefits. According to the Labor Department, the claims of unemployment insurance have reached the 4.78 million mark by Jan 17th. This number has far exceeded the analysts’ expectation of 4.65 million claims and is also reported to be the highest number since 1967. Also, other 1.7 million people are receiving…
Read MoreWhat bad economy brings to small businesses?
When the government saw the list of filed bankruptcies, these were the major companies which had branches all round the world. With the fall of so big companies, we must have understood that big has nothing to do with the recession or losses. In contrast, when big companies fail the amount of losses will be very big compared to that of small companies. Yes there are many small companies that shut their businesses down but as you see, none of them made the news. But it is a good time…
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