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Hollywood filmmaker Oliver Stone is again taking on the financial world in a sequel to 1987's successful "Wall Street," but this time he said greed is not only good — it's legal.
When President Barack Obama sits down with business leaders Thursday to talk about the ailing job market, the question he’ll ask is simple: How much more can — or should — the government do to get companies to start hiring again?
The recession has hit Terry Zimmerman hard. He is out of work, on the verge of being homeless and barely has money for food.
The recession is downsizing everything — even South Carolina's Statehouse Christmas tree.
For many Americans, especially the almost 16 million out of work, merely mentioning the word "recovery" can make the blood boil.
ELKHART, Ind. - In hard-hit Elkhart, Ind., there are glimmers of economic hope as some recreational vehicle makers and other companies have begun hiring again after a long downturn.
The basset hounds at Daphneyland aren't the only ones with long, sad faces.
ELKHART, Ind. - Coroner John White is presiding over a sad tally in this northern Indiana county, tracking rising numbers of suicides he believes are linked to the lingering recession.
Last week's news that the economy is growing again produced a number of reports that "the Great Recession is over." Even if that were true, what follows may be more painful that any economic recovery in living memory.
Even though the for the first time in more than a year, don't assume that the Great Recession of 2008-09 is over.
Workers in more than half of U.S. households will likely be unable to retire at 65 at the same lifestyle they enjoy today, a new study says.
It's about to become official: The recession is over — but not the pain.
The by and msnbc.com gauges the economic health of every state and metro area in the U.S. Here's how it works.
The recession finally ended in August in one out of every five metro areas in the United States, especially in the Midwest and Great Plains, according to the latest Adversity Index from and msnbc.com.
Richard H. Freund had it all planned out: He’d work until he was 70 and his wife, a psychotherapist, turned 62.
ST. LOUIS - Following the lead of Fed Chairman Ben Bernanke and the stock market, the nation’s top business economists, gathering here for their annual meeting, have declared “the Great Recession of 2008-09 is over.” But the forecasters aren’t exactly popping champagne corks about what they see coming next.
It can take years to build a reputation. Now Toyota has to wonder and worry how quickly an image can be shattered.
The recession may be ending, but much of the economy remains badly battered by the worst downturn since the Great Depression. By msnbc.com's John W. Schoen.
These days, once thriving CEO “Hank” has been downsized, a financially squeezed but “Hung” teacher uses his asset to make a buck and the car dealer momma in “The Middle” better sell an auto before she loses her job.
What’s your silver lining from the recession? Some say it's their family life, while others say it's a deeper connection to community. Tell us how the economic downturn has positively affected you.
A broad survey of Americans has provided striking measures of the recession's effect on life at home and at work: People are now stuck in traffic longer, less apt to move away and more inclined to put off marriage and buying a house.
Before the recession hit, Jacksonville's blood bank would pull its buses up to the Anheuser-Busch brewery and pump 300 units of blood from employees.
Even as economists point to signs that the country is slowly starting to regain its financial footing, for many Americans hope has been dampened by frustration, fear and anger.
Although the recession has been a struggle for all U.S. retailers, there is evidence that it has been especially difficult for the nation’s smaller, independent retailers.
A severe downturn in the RV industry has forced hundreds of Amish people out of factory jobs, causing pain but also allowing some to take a step back to simplicity and community.
I was told that it takes about a month for a site to become visible on 'Google' so I guess I can say (finally) that Yes You Can. If you don't know what I'm talking about please refer to my last article. I wanted to prove that it could be done.
Think the Democrats are going to step up and help the working class, unlike the Republicans who favored the rich? Think again. Here's a true story: I've owned a small business for the last three years and a half years.
Jobless professionals vie for holiday sales workMara Proctor used to design limestone hearths and columns for luxury homes near Kansas City, drawing on her college education and six years of training. These days, she's leading customers around a store that sells sculptured snowmen and Santa figurines.
A Silent Coup d'état Has Already Happened in the U.S."It's sad to see so much confusion out there. People don't understand how's possible for Obama to appoint scores of Goldman Sachs (and other Wall Street bankers) to government positions.
Liberals Are Useless"Obama was and is a brand. He is a product of the Chicago political machine. He has been skillfully packaged as the new face of the corporate state.
Structural change: "Tragedy wrapped in a weird complacency"aul Krugman posted a very short blurb in his blog on Friday, entitled: "Good news is bad news." It was about how even a small bit of good news (in this instance, a monthly drop of two-tenths of a percent in the Bureau of Labor Statistics' U.3 Unemployment Index) about how our nat …
The bull market has entered a new phaseIwear two stock market hats. Many of my trades remain open only for a brief period. But I also think a great deal about long-term stock market prospects. I believe that having a long-term perspective provides me with a significant short-term trading edge.
Bankruptcy Filings up 100 Percent from 2007: Americans Financially Unable to Meet Current Debt Payments. 85 Percent of Chapter 7 Filings are Classified as No-Assets."The U.S. Courts released data last week closing out the 2009 fiscal year. In the release we find that bankruptcy filings are up 100+ percent from 2007. No other economic vehicle shows deeper signs of financial strain than bankruptcy.
Rochester Community Seeks Answers in Wake of Recent TragediesThere surely have been darker days. But this past week has wrought a crushing amount of pain, anger and sadness. Two homicides. Two police officers shot. The conviction or sentencing of two killers who took eight lives.
Give a man enough rope and he will hang himself. With the collapse of the banking and financial system, including the failures of the nation's health care system, one might conclude that this old adage also applies to businesses and corporations.
Why is it that every single year, retailers are putting out the Christmas decorations earlier and earlier?
Will President Obama's heartland visits convince Americans he cares?Bill Clinton famously said he felt the pain of his fellow Americans. George H.W. Bush said it simply, if awkwardly: "Message: I care."
Obama: Don't expect additional stimulus spending from fedsWASHINGTON — President Obama warned Thursday that some of the nearly 8 million jobs lost during the two-year recession might not return without a series of new government initiatives to jump-start private sector hiring.
Citigroup's 'Capital' Was All Casing, No Meat: Jonathan Weil Okay. This article is kind of deep, so in my comment below I'll provide some links so you can dig through it if you like - but for those who aren't accountants, I'll just use the author's summary statement to convey the meaning of all the technical stuff.
Who Creates Jobs?Today, the White House holds its "Jobs Summit" stunt. It's typical Washington-think: Assemble interest groups and concoct special tax credits and handouts to the politically connected. What conceit.
Like most 'men of a certain age' (somewhere between 45 and dead) I have spent way to much of my time commenting on "how spoiled people are these days". I have to admit that I am among them. As a matter of fact spoiling your spouse is part of the foundation of my marriage.
Dubai mega-tower `last hurrah' to age of excessBy BRIAN MURPHY, Associated Press Writer Brian Murphy, Associated Press Writer – Wed Dec 2, 6:10 pm ET DUBAI, United Arab Emirates – When work began in 2004 to build the world's tallest tower, Dubai's confidence also was sky high with a host of mega-projects on the drawing b …
Note To 'Job Summit' Attendees: No. 1 Job Creator Is Private Sector Posted 07:29 PM ET Unemployment of 10.2% is still below the post-World War II peak of 10.8% of late 1982, but by other measures, the job situation is the worst since the Great Depression.
The Corporatocracy: A New Economic System for the Connected Banking Sector and Political Elites. Providing the new Serfdom Massive Debt Servitude."The typical American family is struggling with the current recession and is having a hard time pinpointing the nexus of the problem. Some try to argue the failures of capitalism but our current system is more of a corporatocracy. A system designed for the few by the few.
When Americans No Longer Own America "Through a combination of the "Fast Track" authority pushed for by Reagan and GHW Bush, sweetheart trade deals involving "most favored nation status" for dictatorships like China, and Clinton pushing us into NAFTA and the WTO (via GATT), we've abandoned the principles of tariff-b …
Health Care Should Be Driven by Mission, Not Money"Modern high tech health care is a right of the residents of most wealthy countries in the world -- except the United States. America is exceptional in this regard. It is also exceptional in being the only wealthy nation where health care is considered to be a business.
ADP, Challenger job reports show cuts easing in November - Dec. 2, 2009Automatic Data Processing (ADP, Fortune 500), a payroll-processing firm, said private-sector employers cut 169,000 jobs in November. The number of cuts in October was revised down to 195,000
Did You Buy Anything on Cyber Monday?Why do the marketing people in America think if they brand certain days the American people will lose all control and spend all their money.
The Nefarious Force Behind Cap & TradeRecently, a number of emails have been hacked from the University of East Anglia's Climate Research Unit (CRU).
Nevada Considers Capping Community College EnrollmentSchools in Maryland may have elected to create a selective component of community colleges, but Nevada is the process of deciding whether or not it is a good idea to simply limit the number of students attending community colleges.
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