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Consumer Confidence on the Rise

Consumer Confidence on the Rise

Consumer confidence is one of those leading economic indicators mentioned in yesterday’s A Lesson in Recession, and it is rising! Despite jobless numbers that consumers have cared so much about that also causes money issues, combined with low home prices, consumer confidence is on the …

GM posts $6 billion loss

GM had another fairly brutal quarter, losing $6 billion in the first 3 months of it’s financial year. When not including special items, the adjusted net loss was $5.9 billion for this past quarter, compared to an adjusted net loss of only $381 million for …

More good news for “low cost” airlines – AirTran posts 1Q profit

Big news today from AirTran Holdings (parent company of AirTran Airways): Today the company posted its first ever first quarter profit. This came after the company made an announcement saying it would be profitable through every quarter in 2009.
The reported net income for AirTran was …

Is the recession causing a downturn in illegal immigration?

When most illegal immigrants came to the United States, they were looking for work, and contractors and other people looking for cheap labor were more than willing to give it to them.
However, now there are too many homes on the market, and new home and …

Day after Thanksgiving sales

After last year’s "black Friday" sales (the day after Thanksgiving), I was left a bit disappointed because of the lack of items I wanted and sale prices on the items the stores carried. This year, many blogs and other online forums are predicting better …