October, 2009

Unemployment Holding Strong, Jobs Won’t Return Until 2012

A long wait lies ahead Image from Flickr. The ridiculously high national unemployment rate (9.8 percent) has convinced Congress to consider a bill that would allow people to collect unemployment for an additional 13 weeks. However, an unemployment extension of three months might not be long enough for many people. CNN Money reports that the job market will ...

Click here to read complete article.

$50 Bonus for New Prosper Lenders

Peer-to-peer lending institution Prosper is offering a $50 bonus for new lenders who sign up for for the service and bid on two loans. Peer-to-peer lending is an interesting way for people to qualify for loans and to lend money to others. In an economy where savings account interest rates are under 3% or 2%, ...

Click here to read complete article.

Black Friday 2009: Sears Black Friday Now

Sears – Black Friday Deals Before Black Friday 2009! Photo: http://www.flickr.com/photos/25103209@N06/ / CC BY-SA 2.0 I am so looking forward to Black Friday 2009. I’ve been waiting all year for this day to come and boy, with all the hot deals I’ve discovered, I’m afraid I might need an installment loan if I don’t reach my Black ...

Click here to read complete article.

Are we Coming out of the Recession?

The US stock market is soaring, commodity prices are on the rise, and there are signs that consumer confidence is growing. Ask the US government if the recession is ending and you’ll hear a resounding yes as the Obama administration rushes to claim an early victory. Naysayers however point to the massive US ...

Click here to read complete article.

Regulators Debate Pros, Cons Of ‘Too Big To Fail’

Some high-level policymakers say large financial firms pose too much danger to the financial system and to taxpayers. Others argue they provide benefits that need to be preserved.» E-Mail This     » Add to Del.icio.us Read more about Regulators Debate Pros, Cons Of 'Too Big To Fail'...

Click here to read complete article.