Business
Restaurant Industry Outlook Lower for Second Consecutive Month
The National Restaurant Association has reported a continued downturn in its comprehensive index of restaurant activity, showing the index declined for…
Tag: recession
Business
Dow Jones Economic Sentiment Indicator Up for Fifth Consecutive Month
The Dow Jones Economic Sentiment Indicator (ESI) continued its trend of improvement, rising in July to 33.6, up from 31.8 in…
Uncategorized
Downward Mobility More Likely in Middle Class Black Children than White
Neighborhood poverty experienced by middle-income black children contributes greatly to their increased risk of downward mobility, according to a new report…
Uncategorized
Recession Strains American Love Lives More Than Other Nations
ING DIRECT has issued a report today indicating that the current economic recession is splitting up and straining more marriages and…
Business
One-Third of Employees Say Economy Has Shrunk Paycheck
More than one-third of U.S. employees report they have not received a raise this year or that their compensation has decreased,…
Business
CIT Nearly Bankrupt
In a brief statement made yesterday, New York-based bank CIT Group (CIT) announced that discussions with the Treasury Department regarding bailout…