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Articles tagged with: economy

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What brands will disappear in 2009?

With the economy not getting better in the next couple of months, we’ll probably see more brands and stores disappearing.
Last year, Linens-N-Things, KB Toys, Mervyns, Bombay & Co., Aloha airlines, The Sharper Image, all went bankrupt.
This year we could see any of the Big …

Economy beats Middle East violence, oil falls today

When watching oil prices it is a struggle between the economic outlook and other external factors. Yesterday the violence between Israel and Hamas caused oil to jump because of fears of output and exporting problems, but today it fell because of a “grim economic outlook.”
With …

Obama stimulus plan

Democratic leaders are expecting to have a stimulus plan on president elect Obama’s desk 10 days after his inauguration. The plan could cost upwards of $850 billion and is meant to create new jobs and fix a “crumbling infrastructure.” More details about the plan can …

Gas prices down again.

Just like last week, gas prices have hit a five year low. Today’s national average is $1.63 a gallon for regular unleaded.
The source I’m using for this entry says that the cheapest gas in the country is in Utah at $1.45, but obviously they aren’t …

Has the government overcompensated for the economic downturn?

This year we’ve seen the government try to make up for policies and practices used by greedy lenders and firms that have made poor decisions by throwing money at it, passing bits and pieces of legislation, and even giving a “stimulus” to U.S. tax payers…
But …