Recession Wire

• Recession Briefing: Is This Really Better than the 70s? March 12, 2010
  What you need to know today to survive and thrive in the recession. Is the great recession really less miserable than ‘70s were? According to the "Misery Index," we're not faring as badly, but metrics like this are always fishy. (Christian Science Monitor) It is the Wall Street equivalent of a coroner’s report -- a 2,200-page document that lay […]
• The Hard Truth about Fat-Cat CEO’s March 12, 2010
  Sometimes Recessionwire carries a certain bias, one that supports the out-of-worker and opposes the big, bad CEO. As a fair and balanced news source, we find it necessary to provide the reader a glimpse of both sides of the coin. What really goes on in the life of some of the world’s most powerful people? To find out, we get the perspective of the CEO of DAS […]
• Screwed: 800 in the London Underground March 12, 2010
  A daily review of the employment fallout around the country and the world. Today's Total: 1,942 London Underground transportation has planned 800 worker layoffs... 750 workers of Toyota Motor Corp.'s Britain plants are faced with early retirement as Toyota ends its work-sharing system... 202 employees are let go from IBM in the latest round of layo […]
• Downturnaround Deals: The Knot, BikeBandit, Ann Taylor, Gap, Abe’s of Maine March 11, 2010
  We make it easier to keep your spending in check, with weekly deals hand-picked for Recessionwire readers by the nice people over at Savings.com. Getting hitched? Save 15% off orders at The Knot. (See more The Knot coupon codes.)... […]
• Recession Briefing: Foreclosures Slowing March 11, 2010
  What you need to know today to survive and thrive in the recession. The foreclosure crisis isn't over, but the pace of growth may finally be slowing down. RealtyTrac said Thursday that the number of U.S. households facing foreclosure in February grew 6% from the year-ago level, the smallest annual increase in four years. (Associated Press) The number of […]