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Recession may be the longest since WWII

The recession of 1981-1982 was the worst recession, until now, since the Great Depression. Now, some are speculating that we are in a recession that will be worse than the one in the 80′s and that it will likely last at least through 2009.
The 81-82 …

Stocks traded slightly up on Christmas Eve

Santa brought a little gift to investors on Christmas eve; an end to the five day losing streak in the market.
Christmas Eve is a quiet trading day on Wall Street, but it was enough to increase the Dow Jones Industrial average by half a point. …

Portable CD players making a comeback in the UK?

It seems due to a slump in the economy (among other factors) the gadget that was once written off and left for dead is making a small impact on retail stores across the UK. For around £15, someone without the internet (which there are still …

Buy one get one free cars?

Pick almost any day of the week and you can walk into a Payless Shoe store and get some sort of Buy one Get one special. The same applies for grocery store items…However, it’s not everyday that you can buy one get one free automobiles.
Recently, …

South Korean economy grows more than 3% in 3rd quarter

Although the South Korean economy grew in the 3rd quarter, it was still not the growth that they had hoped for. In the second quarter, GDP had increased 4.8%.
The slowdown was because of a lack of new construction and slumping currency.
The slowdown in South Korea …