Profit warnings from Tesco, Britain’s biggest retailer by sales, and other retailers are adding to analysts’ fears that the economy is heading for recession — or may be there already.
Recession
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Most Topular Stories
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Flagging Sales in Britain Raise Recession Worries
NYT > Recession12 Jan 2012 | 11:00 pm -
Nonprofits Add Jobs Faster Than For-Profit Sector: Report
Recession on Huffington Post27 Jan 2012 | 11:40 pmOver the last 10 years, the nonprofit sector has been adding jobs faster than the for-profit sector, a recent study concluded. From 2000 through 2... Read more: Video, Unemployment, Private Sector, Employment, Nonprofit, Johns Hopkins University, Hiring, Public Sector, Health Care, Recession, Impact News -
Soothe the Stress, With Thanks
FEELING UP IN DOWN TIMES: Psychology in real life, for the good life...18 Jan 2012 | 9:49 pmennio morricone: Le Vent, Le Cri Some things are beyond words… Filed under: anger, Anger Management, Emotional Intelligence, Soothe the Stress -
When Will Housing Hit Bottom?
Megan McArdle : The Atlantic27 Jan 2012 | 2:54 pmThe National Association of Realtors is (quelle surprise!) quite bullish on the future of the housing market. Not so fast, says Lance Roberts of StreetTalk Advisors:He sees 2012 as another year of lagging sales, considering the average household debt for Americans over the age of 16 comes to $96,229 per person. In addition, the average income before taxes is roughly $54,110 and many Americans have a debt-to-income ratio of 177.8%, making it difficult for them to qualify for a home loan. Roberts says the average median income for a family is $55,000, and the average median home sales price…
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NYT > Recession
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Flagging Sales in Britain Raise Recession Worries
12 Jan 2012 | 11:00 pmProfit warnings from Tesco, Britain’s biggest retailer by sales, and other retailers are adding to analysts’ fears that the economy is heading for recession — or may be there already. -
Inside the Fed in 2006: A Coming Crisis, and Banter
12 Jan 2012 | 11:00 pmTop policy makers did not seriously consider the idea that problems in the housing market would bring a recession, newly released transcripts show. -
Slower Growth in Health Spending
11 Jan 2012 | 11:00 pmIt’s too early to know whether the trend of slower growth will persist after the economy improves, but controlling spending will require reforms. -
Dividends Rise in Sign Of Recovery
10 Jan 2012 | 11:00 pmAnalysts forecast higher dividends in 2012, as companies release more cash and try to win over investors still hesitant about putting their money back into stocks; companies that pay high dividends were some of the best performers in 2011. Graph (M)4 -
Health Spending Held Down by Recession
9 Jan 2012 | 11:00 pmThe economic downturn reined in the growth of health spending as many people lost jobs, income and health insurance, the government said in a report.
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Recession on Huffington Post
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Nonprofits Add Jobs Faster Than For-Profit Sector: Report
27 Jan 2012 | 11:40 pmOver the last 10 years, the nonprofit sector has been adding jobs faster than the for-profit sector, a recent study concluded. From 2000 through 2... Read more: Video, Unemployment, Private Sector, Employment, Nonprofit, Johns Hopkins University, Hiring, Public Sector, Health Care, Recession, Impact News -
Ridiculous Number Of Spanish Youths Now Unemployed
27 Jan 2012 | 11:55 amMADRID -- Spain's brutal unemployment rate soared to nearly 23 percent Friday and closed in on 50 percent for those under age 25, leaving more than 5 ... Read more: European Debt Crisis, Bank of Spain, Spain's National Statistics Institute, Video, Eurozone, Unemployment Rate, European Union, Jobless, Ireland, Spain Unemployment, Recession, Business News -
Rep. David Cicilline: Strengthening the State of our Union
26 Jan 2012 | 3:23 amWe need to build ladders of opportunity and tear down barriers for Americans who are willing to work hard, be responsible, and play by the rules so everyone can achieve success and fulfill the American dream. Read more: Obama State of the Union 2012, State of the Union, Third Industrial Revolution, Make It in America Block Grant Program Act, Manufacturing, State of the Union 2012, Obama State of the Union, Made in America, Manufacturing Jobs, Great Recession, David Cicilline, Rhode Island, Recession, US Economy, Politics News -
Florida Senator Calls For Taxpayer-Funded Sports Stadiums To Shelter Homeless
25 Jan 2012 | 1:51 pmAs the presidential campaign rolls into Florida, Republicans may face the issue of homelessness on an unexpected front: ballparks. A bill to force ... Read more: Homelessness, Economic Recession, President Barack Obama, President Obama, Recession Fears, Homeless, Florida Primary, Republican Party, Recession, Florida Primary Election, Republicans, Business News -
Ben Bernanke: Federal Reserve Not 'Out Of Ammunition' Yet
25 Jan 2012 | 10:20 amWASHINGTON -- The Federal Reserve's announcement that it is unlikely to raise its benchmark interest rate until late 2014 is simply its "best guess," ... Read more: Video, Unemployment, Central Bank, Inflation, Great Recession, Federal Reserve, Economic Recovery, Ben Bernanke, Recession, Interest Rate, Business News
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FEELING UP IN DOWN TIMES: Psychology in real life, for the good life...
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Soothe the Stress, With Thanks
18 Jan 2012 | 9:49 pmennio morricone: Le Vent, Le Cri Some things are beyond words… Filed under: anger, Anger Management, Emotional Intelligence, Soothe the Stress -
Dr. P’s Pithy Adages & Epigrams
14 Oct 2011 | 11:17 pmBridges: Tips For Knowing How to Cross Over – and When to Let ‘em Burn* Here’s the thing: Inertia isn’t going to get you anywhere you want to go. The assumption: Everyone thinks the way you do. Or, if they don’t, they should. Nope. They don’t. Nodding your head in agreement as you look someone in the eye, all the while waiting your turn to speak, is not the same thing as listening. No matter how politely you smile, how patiently you point yourself in his direction. … -
You and Your Therapist: Part V. Take a Therapy Vacation
31 Jul 2011 | 1:10 amHot time, summer in the city. Thoughts go to the Cape, the Hamptons, the Jersey Shore… Well, maybe not specifically, but the imagination does drift to escaping the city’s humidity at the beach, by the pool, in the country. Oh, the lazy days of summer! So, should you take a therapy vacation? Who, you? Your therapist? Yup. You: You stop working in therapy, really; you phone it in. Oh, you show up – most of the time – but your head’s not into it. You forget to do your homework (you were going to meditate, exercise, daily, remember?). … -
As the Clock Ticks: Anxiously Awaiting the Fate of the Debt Ceiling . Heaved Up or Heave-Ho ?
29 Jul 2011 | 10:32 pmAnd these are the Days of Our Lives… Reality TV? The looming default. The deadlines (August 2? August 10?). The soaring VIX. The reach for aspirin and antacid. The Boehner Bill vs. the Reid Bill. The hope for a bipartisan agreement. The shifting landscape: when, what, who, how? The fear of implications: for Social Security, jobs, 401K, mortgage interest rates. The threat of a stranglehold on fragile economic growth. The likely downgrading of U.S. credit rating from AAA to AA. The Dow’s worst weekly decline in almost a year. The need for unbiased news… -
The Psychologist as Business Consultant
23 Apr 2011 | 11:05 pm“Being a psychologist” in a business setting too often translates as “You are analyzing (read: assuming you know and judging) me,” “You think I need therapy,” “You’re wasting time we could use accomplishing something,” or “You really think psychobabble talk and bearing my soul isn’t a waste of time?” Psychologist, therapist, counselor, and now, goodness knows, executive coach: professional know-it-all’s who give business advice without understanding how, when, why businesses really work. So what could a…
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Megan McArdle : The Atlantic
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When Will Housing Hit Bottom?
27 Jan 2012 | 2:54 pmThe National Association of Realtors is (quelle surprise!) quite bullish on the future of the housing market. Not so fast, says Lance Roberts of StreetTalk Advisors:He sees 2012 as another year of lagging sales, considering the average household debt for Americans over the age of 16 comes to $96,229 per person. In addition, the average income before taxes is roughly $54,110 and many Americans have a debt-to-income ratio of 177.8%, making it difficult for them to qualify for a home loan. Roberts says the average median income for a family is $55,000, and the average median home sales price… -
What Did Ron Paul Know, and When Did He Know It?
27 Jan 2012 | 1:43 pmThe Washington Post is reporting that Ron Paul actively signed off on the not-so-veiled racism in the newsletters published under his name in the 1980s. I'm sure that in the next few days, there will be some hot denials, and some Paulistas and paleolibertarians complaining about the Koch-funded conspiracy to destroy him. (See, liberals? You're not the only ones who think that Charles Koch is spending his massive fortune to destroy America). I think the arguments and counter-arguments about what he knew and when he knew it will be rather beside the point. It is simply not credible… -
How Rich Is Warren Buffett's Secretary?
26 Jan 2012 | 9:20 amThanks to ABC, we now have a number on the difference between Warren Buffett's tax rate, and his secretary's. According to the network, "Bosanek pays a tax rate of 35.8 percent of income, while Buffett pays a rate at 17.4 percent."Conservatives have swooped on this. What sort of income is implied by a 35.8% tax rate? A very, very high one. Various commentators have suggested that she must be making north of $200,000.Well, it's clear that we're not just talking about federal income taxes, because her claimed taxes are higher than the top marginal tax rate. They're also higher than… -
The President's Nostalgianomics
25 Jan 2012 | 2:34 pmI was on Stossel's State of the Union special last night, so I watched the speech in the company of David Boaz, Matt Welch, and Governor Gary Johnson. I had a lot to say about it on television, which you can watch here. I thought the speech was better-written and better-delivered than many of the critics I read this morning; it had a lot of good applause lines (along with, yes, the groaner about spilled milk), and the president is stylistically a very good speaker.But I also thought that, three years in, I'd like to see a little more from his speeches than base-pleasing applause lines and… -
Can the Rise of the Internet Explain D.C. Zoning Fights?
24 Jan 2012 | 2:32 pmYesterday's post about the internet challenge to brick-and-mortar retail has triggered a number of really interesting discussions in the comments about things like big box supply chains, the sustainability of Amazon's Prime strategy, and the future of teenaged jobs in a world without physical retail. I highly recommend reading them.One of the sub-discussions caused my thoughts to turn--as they so often do--to neighborhood politics in DC. Yes, those of you who are sick of my DC-centric posts can tune out now. The rest of you, read on . . . Many of the urban planning debates that take…
