recession

McDonalds Profits Falter For The First Time Since 2003
They made it through the recession seemingly unscathed.  During the most-recent economic downtown, McDonalds enjoyed plenty of black ink while their rivals saw red.  Now it seems that the tables might be turning.
McDonald's Corp. says a key revenue figure came in flat in July, its wors…
Beware: Fiscal Cliff Looms For U.S. Market
As a country, we've done nothing to manage our debt the last couple of years.  In fact - we've added to it at a record rate.  Wall Street-"dooms-dayers" foretell of a fiscal cliff that the market is headed for.
More Than What’s On The Surface As Obama Seeks New Powers
At first glance, Barrack Obama appears to be "making government work better" with his call for a change in his Presidential powers.  You could call it "answering the electorate's call for government efficiency".
Mr. Obama will call on Congress to give him a so-called consolidation…
Jobless Claims Rise With The End Of The Holiday Season
So much for those "improving" unemployment numbers.  Last quarter, the Obama administration trumpeted the statistical fact that jobless claims had leveled off and actually dropped - even as analysts pointed out that this was due to the holiday/seasonal hiring season...
Restaurant Slump May Signal Economic Slowdown
Economists theorize that we've been out of the recession since June 2009.  The recovery has been a slow one at best.  If the recent news from the restaurant world is any signal, we might be in for an even slower recovery.
Restaurant stocks are underperforming the U...
U.S. Household Income Drops Dramatically Over The Last Two Years
In what appears to be the largest drop in decades, U.S. household income paced negatively the last two years.
During the recession, which economists say lasted from Dec. 2007 to June 2009, the median annual household income fell by 3.2 percent, from $55,309 to $53,518, according to a report authored …
Kodak Preps For Bankruptcy
Historically, changing technology has left many innovative companies in the dark as progress marches on;  It appears that this fate might be waiting for the Kodak film company.
Eastman Kodak (EK) has hired law firm Jones Day for restructuring advice as it faces growing concerns from investors ov…
Poll: 44% of Americans Worse Off Under Obama
I'm not sure it's accurate to say we're worse off than we were two years ago. It is frustrating we can't see the light at the end of the tunnel though.
 
Two years after the official start of the recovery, the American people remain pessimistic about their current economic cir…