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Recession

46 failed banks in 2009… and counting?

Another bank bit the dust Thursday upping the total of failed banks in the US to 46 just for this year, the Federal Deposit Insurance

July 02, 2009 Banking, Insurance, Internet, Recession

Home prices down by 18.1%

The housing market has been experiencing some stability in the past months however, the still-rising number of foreclosures can threaten this. Reports indicated that the

AIG to hold first shareholders’ meeting with US taxpayers in control

Former insurance giant AIG owes quite a lot to US taxpayers. Not only does the company owe taxpayers billions of dollars in form of bailout

AIG: Hoping to stem the bleeding

AIG continues to struggle to find ways to be even a decent shadow of its former industry-dominating self. The insurance group is set to announce

Small businesses turn to workers to cut costs

Small business might not report of cutting thousands of workers but collectively, small businesses account for an estimated 414,000 jobs nationwide in April. Small business

May 06, 2009 Recession, Work
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