Jul 02, 2009 -
For the second year in a row, AAA predicts travel will be down over Fourth of July weekend, blaming uncertainty about the economy. Will you be making a trip?
Are You Traveling Over Fourth of July Weekend?
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Jul 02, 2009 -
- The US unemployment rate rose to 9.5 percent last month. That's the highest rate since August 1983. — New York Times
- Matt Lauer took a tour of the Neverland Ranch this morning on the Today Show.
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Jun 30, 2009 -
Celebrities are great at multitasking and using their fame to branch out of the niches they're known for. Sometimes they succeed, and sometimes they don't. Here are four celebs who ran into trouble due of the recession, with perhaps a sprinkle of plain old bad business luck.
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Jun 29, 2009 -
- A federal judge has given Bernie Madoff the maximum prison sentence of 150 years for his Ponzi scheme, following his apology and victims' requests for a life sentence. — CNN
- Grim information from Michael Jackson's autopsy report has leaked. — The Sun
- However, TMZ is reporting that the leaked report may actually be a fake.
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Jun 29, 2009 -
Scaling back is the road most taken during this weak economy. While we're reconsidering the way we spend our salaries, retailers are looking to downsize through the variety of brands stocked on their shelves.
According to The Wall Street Journal, supermarkets, drugstores and discount retailers are making the move "to cater to budget-conscious shoppers who want to simplify shopping trips and stick to familiar products."
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Jun 18, 2009 -
- Major US military academies, such as West Point, have seen a significant rise in applications thanks to aggressive marketing, declining casualties in Iraq, and the recession. — New York Times
- Former President George W. Bush has broken his silence, criticizing Obama's policy on Guantanamo Bay and the economy.
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Jun 17, 2009 -
Even with the unemployment rate pushing nine percent (yikes), we hear reports all the time that at least some industries are hiring. But with everyone from banks to car companies to retailers tightening their belts, you have to wonder: what exactly are these elusive industries?
Market research firm Market Research Media asked this exact question, and came up with the industries that are continuing to grow during our economy’s rough patch — and the ones that aren’t faring so well.
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Jun 17, 2009 -
Nobody expects to get paid for volunteering. But when it comes to work, you better believe compensation is a big part of the picture. British Airways is asking its 40,000 employees to forget about the pay for a while — between one and four weeks, to be exact.
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Jun 16, 2009 -
Dolce and Gabbana customers, get ready for something major: 10 to 20 percent lower retail prices for both the main and D&G lines. The Italian designing duo has slashed its prices because of the current economic state. "In this moment of uncertainty, people spend more willingly on travel or spas rather than on a new dress.
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Jun 15, 2009 -
It's only sensible for a UC Santa Barbara mathematical sciences degree-holder turned interior designer to prize cost-effective design over frivolous luxury. Meet Tineke Triggs. In the short time since launching her full-service interior design company Artistic Designs For Living in 2002, she has already been recognized as the 2009 San Francisco Chronicle Baylist winner for Best Interior Designer, and placed on Western Interiors’s Gold List two years in a row.
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