Skip to: Content
Skip to: Site Navigation
Skip to: Search
FRIDAY, NOVEMBER 27, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: recession

recession stories: 854 news summaries

81 - 100 of 854 Stories | << Prev 1 2 3 4 5 6 7 8 9 ... 43 Next >>

Switch to grid view »

 Women Gain as 
 Recession Batters 
 Male-Dominated Fields 

Men have lost 3 times as many jobs as women since Dec. 2007

Sep 3, 09 12:32 PM CDT
(Newser) - The US job market is closer than ever to gender equality because the recession has most heavily affected male-dominated industries, USA Today reports. Women held 49.83% of the nation’s jobs as of June. Since the recession began in December 2007, 74% of the 6.4 million jobs lost... More »

MORE ABOUT:
women • employment • income • recession • gender in business • job • recession depression

 Oldsters Refusing 
 to Step Aside to 
 Free Up Jobs 

Reliance on volatile 401(k)s breeds reluctance to retire

Sep 3, 09 9:28 AM CDT
(Newser) - Their retirement savings devastated by the financial crisis, older workers are increasingly postponing retirement, the New York Times reports, creating even more competition for scarce jobs. A recent survey found that four in 10 workers over 62 have remained at their jobs longer than they planned thanks to the recession.... More »

MORE ABOUT:
pensions • Europe • retirement • recession • savings • 401k • financial crisis • 401(k) plans

 Survey Finds 
 Unemployed 
 'Traumatized' 

Two thirds of Americans who have lost jobs experience depression

Sep 3, 09 7:40 AM CDT
(AP) - The recession has left many jobless workers struggling to cope with the psychological stress, a new study finds. Researchers at Rutgers University said the financial strain that comes with being out of work, combined with the daunting task of seeking new employment in a difficult job market, has left many... More »

MORE ABOUT:
health care • depression • recession • unemployment • job market • trauma • recession depression

Disney-Marvel Deal Could Signal M&A Recovery

Monday deals push August volume up 40%

Sep 2, 09 1:41 PM CDT
(Newser) - Two major deals finished on the last day of August—projected to be the worst month for deal making since 1995—have raised expectations that the mergers and acquisitions market is finally coming out of hibernation, the Wall Street Journal reports. Monday saw Disney buy Marvel for $4 billion and... More »

MORE ABOUT:
mergers and acquisitions • big deals • Marvel Comics • Disney • recession • recovery • deal • recession depression

 Jurors Dodge Duty 
 Amid Financial Fears 

Citizens point to recession, unemployment in bid for dismissal

Sep 2, 09 10:20 AM CDT
(Newser) - Jury duty has always been a pain, but the tough economy is prompting more and more Americans to ditch their civic responsibility, the New York Times reports. While exact figures aren’t available, officials report that jurors increasingly cite financial worries in bids to get out of duty. “I... More »

MORE ABOUT:
recession • unemployment • jury • jury duty • juror • jury selection

OPINION

 Meet Wall 
 Street's Most 
 Shameless 
 Failures 

'Mulligan Club' keeps hustling disastrous securities

Sep 2, 09 10:00 AM CDT
(Newser) - You'd think the men who hyped and traded the financial instruments responsible for the recession wouldn't be allowed to touch another dollar. Instead, they’re “charter members of Wall Street's Mulligan Club,” Steven Pearlstein writes in the Washington Post, buying and trading the same "crappy securities" like... More »

MORE ABOUT:
Wall Street • recession • securities • financial institutions • trading firm • RBS

 Manufacturing Drives 
 Global Recovery 

US production grows for first time since Jan. '08

Sep 2, 09 5:56 AM CDT
(Newser) - The world may be manufacturing its way out of the global recession, with new figures showing a faster-than-expected recovery from the US to Europe and Asia. The Wall Street Journal reports that American factory output is growing for the first time since January 2008, while separate surveys showed expanded manufacturing... More »

MORE ABOUT:
Barack Obama • recession • global economy • manufacturing • economic stimulus package • manufacturing index • macroeconomic data

Cut-Rate Hyundai Gets Major Mileage Out of Downturn 

Once a joke, South Korean automaker is No. 4 in global sales

Sep 1, 09 8:35 AM CDT
(Newser) - As the recession batters most automakers, onetime industry laughingstock Hyundai is riding high. The South Korean company just had its best retail month ever, the Washington Post reports. Its share of the US market rose from 3.6% to 4.6%, and it passed Ford to become fourth in global... More »

MORE ABOUT:
recession • Hyundai • auto industry • Cash for Clunkers

 Penny Slots Bring In Big Bucks 


Aug 31, 09 11:41 AM CDT
(Newser) - Casinos are making big bank off the tiniest—and oft-most derided—denomination, USA Today reports. Gambling outfits have added penny slots at an amazing rate—in the last 2 years, Nevada has removed 12,000 more costly machines to make room for 7,000 penny slots—and the move... More »

MORE ABOUT:
gambling • Las Vegas • recession • casino • Missouri • Nevada • slot machines • gamblers • penny slots

In Recession, Homes Become Hair Salons

Shaggy-headed cut their own locks to cut costs; results not pretty

Aug 31, 09 6:43 AM CDT
(Newser) - Hair cutting is quickly becoming a “do-it-yourself” endeavor for the cash-conscious—and the results aren’t so pretty, the Wall Street Journal reports. Hairdressing “may look easy, but it's not,” said the head of a cosmetology group, who notes that mid-range and high-priced salons have taken a... More »

MORE ABOUT:
recession • barber • hairdressing • haircut

Investors Ditch Once Lofty Cerberus Fund

Failed investments in Chrysler, GMAC have clients pulling $5.5B

Aug 29, 09 3:48 PM CDT
(Newser) - Hedge-fund investors are leaving once-vaunted investment firm Cerberus Capital Management in droves, the Wall Street Journal reports. The firm, whose acquisitions of Chrysler and GMAC turned disastrous, is seeing $5.5 billion in capital—or 71% of its hedge fund assets—walk out the door. "We have been... More »

MORE ABOUT:
Chrysler • Cerberus Capital Management • investors • recession • hedge fund • Stephen Feinberg • liquidity • GMAC • economic downturn

(Newser) - A fractured, polarized credit market is splitting America’s companies into the recovering and the desperate, the Wall Street Journal reports. For the mostly big companies with easy access to credit, the recovery is in full swing, but for the mostly small companies that can’t borrow, things seem... More »

MORE ABOUT:
recession • recovery • credit market

 Penny Pinching 
 May Linger Long 
 After Recession 

Lasting change for once-insatiable American consumers?

Aug 29, 09 6:40 AM CDT
(Newser) - The Great Recession is loosening its grip on Americans, but the spirit of thrift it inspired isn't, reports the New York Times. Consumer spending, which until recently accounted for 70% of US economic activity, looks unlikely to return to full steam as consumers emerge from the recession cramped by lower... More »

MORE ABOUT:
recession • consumer spending

 Biofuel Boom Runs Out of Gas 


Aug 27, 09 12:49 PM CDT
(Newser) - Once considered a win-win for the environment and energy independence, America’s biofuel industry is sputtering to a halt, the Wall Street Journal reports. Thanks to the recession, lower oil prices, and government delays, two-thirds of American biodiesel refineries—dozens of plants—are idle, and companies across the country are... More »

MORE ABOUT:
environment • ethanol • biofuel • ecology • Environmental Protection Agency • recession • biodiesel • green revolution • energy independence • oil prices

(Newser) - The collapse of the Celtic Tiger is prompting another mass exodus from Ireland's rural west, the Wall Street Journal reports, with young workers once again abandoning their hometowns for London or the US. After a rare decade in which emigrants were flooding back to the island, as many as 40,... More »

MORE ABOUT:
migration • recession • Ireland • Irish diaspora • Celtic Tiger

(Newser) - Top law school grads are competing this fall for just half the number of entry-level positions big firms offered last year, in what the New York Times calls the most difficult employment season in half a century. One of New York's biggest firms has cut its hires by more than... More »

MORE ABOUT:
employment • recession • law school • corporate law firms • law firm • recession depression • hiring

(Newser) - When the recession hit, Bed Bath & Beyond saw an opportunity. Chief competitor Linens ‘n Things was laden with debt, so Bed Bath & Beyond “decided to destroy them,” says one analyst. It matched every Linens’ discount, issued a barrage of coupons in Linens’ key markets, and,... More »

MORE ABOUT:
recession • Ford • Toll Brothers • market share • Bed Bath & Beyond • New York Life Insurance Co.

 Obama Nominates 
 Bernanke for 2nd Term 

Prez: he 'approached a financial system on the verge of collapse with calm and wisdom'

Aug 25, 09 8:43 AM CDT
(Newser) - President Obama has nominated Ben Bernanke for a second term as Federal Reserve chairman, saying Bernanke “led the Fed through the one of the worst financial crises that this nation and this world have ever faced,” the AP reports. “Ben approached a financial system on the verge... More »

MORE ABOUT:
Ben Bernanke • Federal Reserve • recession • nomination • financial crisis • President Obama • economic recovery

(Newser) - Families are traveling more often, and recession-battered hotels are ramping up their kid-friendly offerings, the Boston Globe reports. Rooms occupied by families with children accounted for 27% of the total in 2008, up from 25% in 2004, and lodgings are watching the trend. Whether it's free Wii, a dog... More »

MORE ABOUT:
travel • children • parents • recession • promotion • vacation • hotel • hospitality • women's issues • kids • lodging • hotel industry

(Newser) - Just as the "cash for clunkers" program sparked a boom in auto sales, its cancellation will likely depress the industry, CNNMoney reports. As of today, the last day of the government-funded incentive, rebate applications for 625,000 trade-ins totaling $2.58 billion had been submitted. “We're definitely going... More »

MORE ABOUT:
recession • auto industry • car dealers • automobile • Cash for Clunkers • federal funding • Car Allowance Rebate System • customer

81 - 100 of 854 Stories | << Prev 1 2 3 4 5 6 7 8 9 ... 43 Next >>


from our news partners