economic downturn

Entrepreneur Doug Kindred Elected Board Chair of SCORE

admin — Fri, 10 Oct 2008 07:31:03 -0500

Washington, DC (October 3, 2008) - Doug Kindred of Gettysburg, Pa., and Hope, Idaho, begins a two-year term as board chair for SCORE “Counselors to America’s Small Business.” Kindred leads the mission of small business mentoring and training for SCORE, which has served more than 8 million entrepreneurs. His term as board chair began October 1.

Thrift shops thrive amid economic downturn

Tue, 07 Oct 2008 07:02:01 -0500

Forget about the outdated notion of thrift shops as the refuge of the working poor, the down and out or the vintage fashion hipster. In these troubled times, the powerful lure of a secondhand retail bargain is attracting a whole new breed of customer.

U.S. financial panic goes global

admin — Mon, 06 Oct 2008 19:54:51 -0500

For a time, it appeared that the impact of the recent financial panic and ongoing economic downturn might be contained to the U.S. No more.

Financial Meltdown to Bleed IT Spending? Not So Fast

Fri, 26 Sep 2008 17:40:55 -0500

I've been writing for a year now on how the information technology sector would be impacted by an economic downturn. Well, it looks like we're going to really find out. As I've written, when credit dries up and loans and capital are hard to get, tech companies hunker down and freeze new hires, push off marketing campaigns, and roll back research and development efforts. And if none of that stuff works, then layoffs come next. But that's only IF companies stop spending money on information technology products and services. Right now, it would seem such spending is slowing, or will begin...

2008 a tough year so far for hedge funds

Tue, 09 Sep 2008 00:37:22 -0500

The economic downturn has spread to hedge funds, according to survey results that show slowing growth in assets at the exotic investment vehicles.

Britain’s Economy Came to a Halt in 2nd Quarter

Fri, 22 Aug 2008 09:56:32 -0500

As the government reported that the economy stagnated in the quarter, the country’s financial regulator asked banking executives to prepare for an economic downturn.

Media coverage of the economy lags, study finds

Mon, 18 Aug 2008 00:17:14 -0500

Media coverage of the economic downturn in the U.S. has lagged behind both economic activity and public interest, according to a study being released Monday by a Washington, D.C.-based research group.

Toughest Summer Job This Year Is Finding One

Sun, 25 May 2008 09:37:34 -0500

The NYT reports: As the forces of economic downturn ripple widely across the United States, the job market of 2008 is shaping up as the weakest in more than half a century for teenagers looking for summer work, according to labor economists, government data and companies that hir …

Gas prices $3.20/gal on average; could jump 20-30 cents next mon...

Mon, 10 Mar 2008 08:54:48 -0500

U.S. average retail gasoline prices have reached a new high of almost $3.20 per gallon and will likely jump another 20 to 30 cents in the next month, worsening the pain of consumers struggling to make ends meet in an economic downturn...

How to sell affiliate products in a recession

Mon, 03 Mar 2008 14:22:03 -0600

Since we seem to be either in a recession, or just about to enter a recession, then we must be aware of exactly what that means to our bottom line. We also need to understand what we need to do to keep selling during such an economic downturn.