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03 Feb 2009 10:23

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U.S.: Obama’s planning a media blitz. Wait, he wasn’t in the midst of one?

  • He’s granting interviews to everyone. Barack Obama, who’s pretty popular right now, wants to get his face on TV as much as possible in the next couple of days to push forward his economic stimulus plan. He’s facing some resistance from in Congress due to Republicans complaining about added pork. He wants the stimulus to pass, dudes. source

02 Feb 2009 08:17

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Biz, U.S.: Bits and bytes are nice, but buy a newspaper today.

02 Feb 2009 07:50

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U.S.: Despite tough economic times, welfare numbers are down

  • 18 states cut their welfare numbers in 2008; welfare was cut back in the ’90s in favor of encouraging work source

02 Feb 2009 01:23

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Biz, U.S.: Sky-high rents in NYC aren’t looking so sky-high anymore

  • We had a truly un-New York experience with our old landlord begging us to stay.
  • Tom Botts • a 39-year-old New York City resident who found a drastically different landscape for renting when he and his wife, Libbie Rice, went apartment-hunting. Deals were all over the place, and his old landlord even offered to cut the rent if they stayed. Tenants like Botts are finding significant deals, even free months of rent, in a recession-belabored market. • source

30 Jan 2009 15:23

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Biz, U.S.: The economy had its biggest freefall in 26 years recently

  • -3.8% decline in GDP in the 4th quarter of 2008 source

30 Jan 2009 09:18

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Biz: Well, at least the oil industry isn’t struggling, right, Exxon Mobil?

  • $45 billion in profits for Exxon Mobil in 2008; that’s a record source

29 Jan 2009 15:10

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U.S.: Today’s big scary number (it’s about jobs and unemployment)

  • 4.78 million people are on state jobless benefits rolls source
 

29 Jan 2009 09:58

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Biz: Automaker Ford: Sure we lost a buncha money, but really, we’re OK!

  • $5.5 billion amount that Ford blew through in the fourth quarter; they’re the only Detroit automaker not to take a bailout, and they had a huge loss last quarter source

28 Jan 2009 16:56

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Biz, U.S.: Here’s a visual to put those scary economic numbers in perspective

Interest rates have gone down like this in the last two years. Yeah. Scared yet? source

28 Jan 2009 16:47

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Biz, U.S.: Scary depressing numbers of the day (they’re about the economy)

  • 0-0.25% the current Federal interest rate, a historical low; the Feds are willing to take drastic measures to speed up the economy source