Recession
Economic Issue
Recession blame shifts to demsPoll: More blame Democrats for recession Number of Americans who hold the GOP exclusively responsible for the recession is steadily falling. Paste this link into your favorite RSS desktop reader Last quarter, the economy grew by the... In this article: Recession, GOP, Barack Obama, Opinion Research Corp., Nasdaq, CNN, and Washington |
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Business news and Fortune 500 - FORTUNE Magazine | 8 hours ago
Ben Stein: 4 lessons from the recession
...YORK (Fortune) -- As I write this from real estate disaster-ridden but still-glorious Los Angeles, I read much speculation that the recession is over. The stock market has rallied explosively. Foreign markets in both the developing world and...
In this article: Timothy Geithner, Unemployment, The Fed, Warren Buffett, Alan Greenspan, Ben Stein, Financial crisis, Lehman Brothers, and Ben Bernanke
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AP Online | 1 day ago
Penney CEO: Why the recession is good news for us
...Department Stores. But he says nothing presented the kinds of challenges that Penney's and other stores face now. He believes this recession has permanently made consumers more frugal. Always an optimist, he says this plays to Penney's...
In this article: Penney, Macy's, IBM, Manhattan, Hong Kong, University of Cincinnati, Sanger-Harris, and Liz Claiborne
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Reuters | 1 day ago
Recession shows shortcomings in U.S. economic data
...Kaiser and Nancy Waitz - Analysis The U.S. government is having a tough time guesstimating how many small businesses failed in this recession, casting doubt on the reliability of vital data on employment and economic growth. The formula...
In this article: Labor Department, Bankruptcy, Barack Obama, Culprit, Tax, Small business, and Unemployment
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Sydney Morning Herald - World | 1 day ago
Singapore declares its recession over
Singapore on Thursday declared a severe recession over as data showed its economy grew for the second straight quarter in the three months to September. Official data released Thursday showed gross domestic product (GDP) expanded 14.2...
In this article: Singapore, United States, Asia, and Ministry of Trade and Industry
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Forbes.com News | 2 days ago
Recession Encourages Airline Rationalization
...for authorizing an alliance (BA and Iberia will formally merge). Authorization by E.U. and U.S. antitrust officials--spurred by economic recession--could change the industry, speeding rationalization. Deepening the alliance between British...
In this article: Washington, U.S., Cabotage, British Airways, Atlantic, London Heathrow, and Europe
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AP Online | 2 days ago
Obama warns of a 'double dip' recession
...spending too much money to help revive the economy could undermine a fragile U.S. recovery and throw the economy into a double-dip recession. That's when the economy begins to recover briefly from a recession only to be dragged back under.
In this article: Barack Obama, U.S., and Beijing
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Reuters | 2 days ago
Obama: Too much debt could fuel double-dip recession
...to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession. With the U.S. unemployment rate at 10.2 percent, Obama told Fox News his administration faces a...
In this article: Barack Obama, United States, Thomson Reuters, Beijing, Tax, Small business, NYSE, Nasdaq, and Asia
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Reuters | 2 days ago
UPDATE 1-Obama: Too much debt could fuel double-dip recession
* Obama warns of double-dip recession, loss of confidence * Delicate balance to expand economy and reduce debt * Obama eyes export growth to fuel job creation * Tax provisions could encourage businesses to hire sooner (Adds quotes, NBC...
In this article: Barack Obama, Tax, United States, Asia, Beijing, and NBC
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BBC News | 2 days ago
Recession continues to hit UTV
The company is hoping the the World Cup will boost advertising revenue UTV, the Belfast-based media group, has said the recession is continuing to hit its business. In a statement covering the 10 months to the end of October 2009 it...
In this article: UTV, Revenue, 2010 World Cup, World Cup, Sport magazine, UTV, and Belfast
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AP Online | 3 days ago
Recession means smaller Christmas tree for SC
COLUMBIA, S.C. (AP) - The recession is downsizing everything - even South Carolina's Statehouse Christmas tree. This year's tree is about 30-feet tall and doesn't even reach the top of the Confederate soldiers' monument on the capitol's...
In this article: South Carolina and Facebook
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Description from Wikipedia:
In economics, a recession is a general slowdown in economic activity over a long period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.
Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.
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