You are browsing the archive for recession.

COLUMN: Save an editorial cartoonist, a dying breed

November 27, 2012 in Duluth News Tribune

Bill Day is a top political cartoonist with more than 30 years of experience. But he’s also unemployed after being laid-off during the economic recession and is in danger of losing his home. CagleCartoons.com is now asking for contributions to help him. Continue Reading

Economic recovery is weakest since World War II

August 15, 2012 in Grand Forks Herald

Since World War II, 10 U.S. recessions have been followed by a recovery that lasted at least three years. An Associated Press analysis shows that by just about any measure, the one that began in June 2009 is the weakest. Continue Reading

Survey: More Americans optimistic about jobs, economy

March 5, 2012 in Grand Forks Herald

The U.S. economy is improving faster than economists had expected. They now foresee slightly stronger growth and hiring than they did two months earlier trends that would help President Barack Obama’s re-election hopes. Continue Reading

Mild recession expeced in eurozone

February 23, 2012 in Grand Forks Herald

Though austerity measures are the main pillar in Europe’s strategy to fight the debt crisis, they are clearly hurting the economy in the short-term Spain and Italy are expected to sink into recession this year as their governments cut debt aggressively. Continue Reading

Applications for U.S. unemployment benefits drop to 4-year low

February 16, 2012 in Grand Forks Herald

It was the fourth drop in five weeks and the fewest number of claims since March 2008 six months before Lehman Brothers collapsed and only a few months into the Great Recession. Continue Reading

AP survey: Economy to pick up but still vulnerable

December 26, 2011 in Grand Forks Herald

The U.S. economy will grow faster in 2012 if it isn’t knocked off track by upheavals in Europe, according to an Associated Press survey of leading economists.
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BOXING UP BARGAINS: Day after Christmas as big as Black Friday for Canadians

December 25, 2011 in Grand Forks Herald

That calendar will mark Dec. 26 as Boxing Day, a holiday unfamiliar to most Americans but celebrated in other English-speaking countries as an extension of Christmas, a day of charity for the poor and for a pursuit that will draw many Canadians south this week: bargain hunting. Continue Reading

Authorities remove Occupy Minnesota property

December 6, 2011 in Grand Forks Herald

Hennepin County authorities have removed tarps and chairs used by anti-Wall Street protesters from a plaza outside the government center in Minneapolis.
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Recession recess kids list to Santa

December 6, 2011 in Grand Forks Herald

A job for their mom or dad. Money for the heating bill. Food or a place to live. Maybe gloves or boots. More and more, Santas say the children on their laps are asking for less for themselves and Santa is promising less as well. Continue Reading

Postal cuts to slow delivery of first-class mail

December 4, 2011 in Grand Forks Herald

Facing bankruptcy, the U.S. Postal Service is pushing ahead with unprecedented cuts to first-class mail next spring that will slow delivery and, for the first time in 40 years, eliminate the chance for stamped letters to arrive the next day.
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