Economy Turns Baby Boomers Into Entrepreneurs

Economy Turns Baby Boomers Into Entrepreneurs

By Janet Kidd Stewart, Chicago Tribune Bohnne Jones didn't count on having to fire her husband, Larry. And David Whiting works six days a week at his smoothie franchise, knowing h ...

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U.S. Economy Contracts A Steep 2.9 Percent In First Quarter

U.S. Economy Contracts A Steep 2.9 Percent In First Quarter

Washington (AFP) - The U.S. economy shrank much more than previously estimated in the first quarter, in the sharpest contraction in five years, the Commerce Department said Wednes ...

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Study: When Money’s Tight, Humans Define ‘People Like Me’ As More Deserving

Study: When Money’s Tight, Humans Define ‘People Like Me’ As More Deserving

By Melissa Healy, Los Angeles Times In the recession from which the United States is recovering, unemployment among blacks and Latinos has been deeper and more entrenched, incomes ...

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Economy Adds 217,000 Jobs In May; Unemployment Rate Holds At 6.3 Percent

Economy Adds 217,000 Jobs In May; Unemployment Rate Holds At 6.3 Percent

By Jim Puzzanghera, Los Angeles Times WASHINGTON -- The economy added 217,000 net new jobs in May and the unemployment rate held steady at a more than five-year low of 6.3 percent ...

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Shifting Global Economy Requires New Approach To Education

Shifting Global Economy Requires New Approach To Education

Watching a graduation awards program at a parochial high school last week, I smiled with the soon-to-be grads, most of whom seemed giddy with anticipation at the next phase of the ...

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Recession Leaves Education Behind

Recession Leaves Education Behind

By Alana Semuels, Los Angeles Times KANSAS CITY, Kan. -- At Noble Prentis Elementary School, a classroom is crammed with 31 students and all their backpacks and books. Last year, ...

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Obama Jobs Bill Outlaws Discrimination Against Unemployed Americans

Obama Jobs Bill Outlaws Discrimination Against Unemployed Americans

As the recession has deepened, many newly unemployed Americans have found that it is almost impossible to get a job, especially if they have been out of work for more than a year. ...

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How The Political Climate Is Crippling The Fed

How The Political Climate Is Crippling The Fed

Despite the predictions of investors and traders, Chairman Ben Bernanke announced in a speech Friday that he would not be proposing new steps by the Federal Reserve to help the ec ...

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New Reports Show That The Fed Lent Wall Street $1.2 Trillion

New Reports Show That The Fed Lent Wall Street $1.2 Trillion

New revelations about the extent of the Federal Reserve's bailout of Wall Street have caused many to question the role of government lending programs as many fear another recessio ...

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Poverty Way Up And Hispanics Hit The Hardest

Poverty Way Up And Hispanics Hit The Hardest

The gains of the 1990s -- where Bill Clinton's economic policies led to large reductions in poverty -- have apparently been erased by the recession, and Hispanics are taking the b ...

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