Recession Wire

• Economists Pessimistic About the Rest of 2010 July 30, 2010
  From today's New York Times: Many economists — concerned about the sluggish pace of job creation, dwindling housing activity and decelerating retail sales — say that slowdown is continuing this summer and have recently downgraded their expectations for the second half of the year. Read more here. […]
• 10 Tips for Social Networking Your Way to a Job July 28, 2010
  It’s not just a load of Web 2.0 hype—you can find a job using social networks, according to Brad and Debra Schepp. “ We’ve spoken to many people who use LinkedIn, Twitter and even MySpace to find jobs—regular 9-to-5 jobs or consulting gigs or freelance work,” says Brad, who with his wife authored How to Find a Job on LinkedIn, Facebook, Twitter, MySpace, and […]
• How to Bootstrap Your New Business Wisely July 25, 2010
  Starting a business is tough—and that goes double when you’re starting a business in an economic environment this challenging. If you’re bootstrapping (and chances are good that you’re using your own money to fund the company) it’s important to use your resources as efficiently as possible, You want to protect your capital but also invest where it counts mos […]
• Stashing Cash Over the Border July 24, 2010
  Apparently, some people are still concerned about the stability of U.S. banks. In a recent article in the Wall Street Journal, cable titan John Malone, for one, noted that his wife had pulled all of her money out of American financial institutions and parked it in Australia and Canada. "She wants to have a place to go if things blow up here," he to […]
• Senate Approves Unemployment Extension July 21, 2010
  If you care about this issue, you've probably heard that the US Senate voted 60-40 to keep emergency unemployment benefits going. Long story short: Good for jobless peeps, bad for the deficit. Millions of people stopped getting checks in June when the program expired in June. According to the Washington Post: 8.7 million people were receiving jobless be […]