Posts Tagged ‘Economy’

Unemployment Rate Sharp rose 4 percent in a month

November 7th, 2008 | Posted by Torres | 1 Comment
The U.S. unemployment rate shot up to a 14-year high in October, and the economy had a net loss of 240,000 jobs for the month. The government said on Friday ...

The US Economy shrank 0.3% in third quarter on dive in spending

October 30th, 2008 | Posted by Torres | No Comments
Thursday, the Commerce Department eatimated, the U.S. economy shrank at an annual rate of 0.3% in the third quarter. “The capitulation of the consumer is the primary catalyst behind what is ...

Tips to Avoid Credit Problems in a Bad Economy

October 29th, 2008 | Posted by Torres | No Comments
The New York Times ran a story today that says the next consumer crisis is credit cards — a sobering fact in a nation that has racked up massive amounts ...