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Unemployment has been increasing in the United Kingdom as well as the United States. Situations in the UK have become increasingly dire as the recession deepens.
Those who are unable to find work may be turning to school as well. Over the course of one …

On Thursday, President Obama called the bonuses received by Wall Street executives “shameful.” Last year $18.4 billion was paid out in bonuses on Wall Street; even with the financial markets on the brink of collapse.
So, will the government step in to regulate these bonuses? Some …

As consumers cutback spending and credit markets tighten, the economy takes hit after hit and has now seen the worst growth in a quarter century.
The 4Q GDP shrank by 3.8 percent for 2008. While this number is better than some investors expected, it still shows …

Thanks to great 4th quarter sales due to its above-average holiday season, Amazon had a good day in trading today, up 13% in late trading.
Analysts have crowned Amazon the online winner of the holiday spending season, at a time when consumers dramatically cut back purchases. …

Just after noon eastern time, Barack Obama became the 44th President of the United States. He gave an inaugural speech that told Americans to be hopeful but hard times are still ahead.
Here is the text of the speech:
“My fellow citizens:
I stand here today humbled by …