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Posts Tagged ‘ recessionomics ’

RentTheRunway.com lets you- well, rent the runway, essentially
RentTheRunway.com lets you- well, rent the runway, essentially
The NYT featured a nifty little startup for web-savvy thin girls who want to wear the latest looks without investing in them. "Investment pieces" have long been the blessing and curse of a girl who wants to have ... continue
Salvation Army In Canada Reports 75 Percent Rise In Food Bank Demand The Past Year
Salvation Army In Canada Reports 75 Percent Rise In Food Bank Demand The Past Year
The recession has spurred a higher demand for food amid a decline in donations received by relief and charitable organizations. According to the Salvation Army in Canada, demand for food service has jumped by almost 75 percent ... continue
Hopes Rise As New Jobless Claims Drop
Hopes Rise As New Jobless Claims Drop
New jobless claims dropped by 33,000 in the week ended Oct. 3, according to data released Thursday by the Labor Department. The seasonally adjusted 521,000 filing initial claims for state unemployment benefits is the smallest level since the ... continue
U.S. Unemployment Hits 26-Year High
U.S. Unemployment Hits 26-Year High
American unemployment has hit a 26-year high as the U.S. economy continued to shed jobs in September. Last month marked the 21st consecutive month of American job losses. Americans should be ready for sticker shock as the unemployment ... continue
FDIC Wants Banks To Prepay Deposit Insurance
FDIC Wants Banks To Prepay Deposit Insurance
The Federal Deposit Insurance wants member banks to prepay three years worth of premiums for deposit insurance. The recommendation Tuesday by the agency's board would raise enough money for the FDIC to cover customer deposits at failing banks. ... continue
YouTube user gets B of A to respond with calls for “debtor’s revolt”
YouTube user gets B of A to respond with calls for “debtor’s revolt”
YouTube user Rockerchic4God, also known as Arlene from True Blood Ann Minch, couldn't get any Bank of America employees pay attention to her when she had problems with her account. So she turned to YouTube. After being laid ... continue
House To Vote On Extending Jobless Benefits
House To Vote On Extending Jobless Benefits
The House on Tuesday votes on a bill that would extend insurance for the jobless in states with high unemployment rates. The measure has not elicited significant Republican opposition and is expected to pass. The bill from Rep. ... continue
Airline Forecast Paints Bleak Picture For Industry
Airline Forecast Paints Bleak Picture For Industry
The International Air Transport Association (IATA) has released a new, darker prediction for the industry. Revising its outlook downward, the IATA announced airlines will lose as much as $11 billion in 2009 after revenues will fall 15 ... continue