Posts Tagged ‘Recession’

Tenn. cities, counties considering new taxes

NASHVILLE – The struggle Tennessee cities and counties face to make ends meet amid severe budget cuts has given new ammunition to supporters of a tax revenue increase at the state level. Across the country, local governments are dealing with an unprecedented fiscal squeeze resulting from state governments tightening their own belts because of the [...]

Portland Farmers Market success continues

PORTLAND — After a long wet winter, the opening of the Portland Farmers Market is a welcome sign spring is finally arriving. Not many businesses have prospered during the recession, but the Portland Farmers Market is a big exception. Now entering it’s 20th year, the market keeps growing despite the economy. Standing next to fresh [...]

Will ‘temp’ jobs become the permanent norm? | Business Agenda

When Vanessa Marlin resigned from her job of 11 years as a logistics analyst at Xerox in 2009, she spent five months looking for work, sent out “at least 100 resumes,” then embarked on a string of temp positions, including working as a buyer for a local firm and as a census taker. “I was [...]

Bank of England Governor blames British banks for dip in household living standards

Vittorio Hernandez – AHN News London, England, United Kingdom (AHN) – Bank of England Governor Mervyn King blamed Tuesday the British banks for the dip in household living standards. King told the Treasury Select Committee he was surprised that public anger has not picked up on bankers whose risky lending policies caused the collapse of [...]

India back on pre-recession growth path: World Bank

The Indian economy appears to be back to the growth trend before the global financial crisis with particularly strong GDP growth over the first half of the 2010-11 fiscal, but inflation is worrying, the World Bank has said. View full post on All Stories

Starbucks CEO Schultz’s pay rose 45 percent in 2010

Starbucks CEO and founder Howard Schultz was paid nearly $22 million in fiscal 2010 as the company roared back from the recession, according to Associated Press calculations. View full post on All Stories

A year into recovery, is the economy really improving?

The stock market has rebounded, corporate profits are rising, but home values and retirement savings have dropped. What is happening to the middle class after the recession has officially ended? View full post on All Stories

Germany’s economy grows 3.6% in 2010

LONDON (MarketWatch) — Germany’s economy grew 3.6% in 2010 in price-adjusted terms, posting its biggest surge since the nation’s reunification, according to data released on Wednesday by the Federal Statistics Office. The recovery came after Germany was hit in 2009 by the worst recession since World War II, with gross domestic product slumping 4.7%. Market [...]

Retailers tighten holiday return policies

Many retailers who relaxed holiday return policies through the worst of the recession are tightening the rules now that the economy is improving. View full post on All Stories

U.S. Could Learn From Japan’s Fiscal Gap

October 9, 2010 Economist Richard Koo, who’s advised five Japanese prime ministers, says America could learn something from Japan when it comes to pulling out of a deep recession. He tells host Guy … View full post on All Stories

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