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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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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Wealth Gap Between Races Widens

Wealth Gap Between Races Widens

WASHINGTON (AP) — The wealth gaps between whites and minorities have grown to their widest levels in a quarter-century. The recession and uneven recovery have erased decades of mi ...

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Voters Still Blame Bush For Economy

Voters Still Blame Bush For Economy

Despite the economy seeming more and more like an albatross hanging around Barack Obama's neck, a new Quinnipiac poll shows that Americans still blame George W. Bush far more than ...

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GOP to Unemployed: Drop Dead

GOP to Unemployed: Drop Dead

The federal government partners with the states in providing unemployment benefits, a system that has been strained since the recession began in 2007, especially since it was not ...

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