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It's yet another case of contaminated ground beef. This time, two deaths may be linked to the meat. FatFighterTV has a look at this story and other diet and fitness headlines making news this week. Read More »- Let’s talk: Comment (6) | Blog
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As Mark Twain once said, "There are three kinds of lies: lies, damned lies, and statistics." To me, this nicely sums up recent economic figures that suggest America has escaped the clutches of another great depression and is on the way to a sustained recovery. Government reports say that GDP rose at an annualized rate of 3.5% in the third quarter compared with the second. This was the first increase since the second quarter of 2008. However, as GDP grew consumers grew more skeptical as indicated by a fall in the consumer confidence index. A poll in The Economist found that 35% of respondents think the economy is getting worse; just 28% think it is getting better. Unemployment is still rising, and even a White House adviser, Christina Romer, predicts it will remain “severely elevated” throughout next year.
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With strapped wallets, tightened belts and the national unemployment rate nearing double-digits, we can only hope that rumors of the recession's demise prove true—and soon. Here at YourTango, we wanted to know how the
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The retail industry is getting pretty desperate these days—how many more special events and functions will we see that scream “Oooo! Please, please come shop in our store!” According to theWall Street Journal, the latest tactic in trying to woo the recessionary customer is to assuage shoppers’ guilt.
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Recession that made everyone of us stick to the money and think before spending a single penny is on the verge of ending. The Pharmacy sector that was badly affected by the recession is emerging from it. It is the good news for all the investors who had invested millions of bugs in the pharmacy…
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People are definitely eating differently thanks to the recession. But cutting food costs doesn't mean you still can't enjoy eating out. Tough times for consumers means empty tables at restaurants — and to fill them, restaurants are making menu changes and slashing prices, or offering discounts. Just take a look at how you can save on your next meal out. Read More »
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Do you remember layaway? For
those of you who don’t, it’s putting money down on items in a store
that are put on hold for you in the storeroom, allowing you to make
payments over time. Generally, layaway is interest free, but some
stores do charge a nominal fee of about five dollars for the… Read More »- Let’s talk: Comment (10) | Blog
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Just when life seems to be at lowest point and nothing else could possibly go wrong, it does. I was terminated from my job this week. I think I will change my name to Murphy S. Law. I don't like to whine about things going bad, everybody has low points, but gosh dang,…
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By Sydney Edmonds, M.B.A.
What do job seekers need to know about living in an economy where employers have the advantage? The competition is remarkable and career coaches are providing a myriad of conflicting advice. …
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by Kerry Rivera (Around the Watercooler - Mommy Tracked)
Reporters, economists, politicians … even a few businesses are starting to hint that the “Great Recession” might be coming to a close. Alleluia! Sure, unemployment is still at record highs, home prices are in the tank and consumer confidence is shaky, but there just might be a recovery on the horizon.
In another time, we might be whipping out the plastic to celebrate, but research companies like DYG believe the American consumer is forever changed. No more frivolous purchases. Say goodbye to living large. Adios to Barney’s and Niemen Marcus, hello Big Lots and Target.
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