California prepares to stop paying bills
Come Feb. 1, tax refunds, welfare checks replaced with IOUs
http://www.worldnetdaily.com/?pageId=87175
Consumer confidence hits another low
A new year and a new president failed to boost consumer confidence this month, as the outlook dropped to its lowest level in more than 40 years, according to a report released Tuesday.
http://www.bizjournals.com/charlotte/stories/2009/01/26/daily21.html
Bloody Monday: Over 71,400 jobs lost
More than 200,000 job cuts have been announced so far this year, according to company reports. Nearly 2.6 million jobs were lost over 2008, the highest yearly job-loss total since 1945.
http://tinyurl.com/dm8ymm
US firms announce heavy job cuts
US construction equipment giant Caterpillar earlier said it was to cut about 20,000 jobs, after its profits slumped by 32 per cent.
http://english.aljazeera.net/news/americas/2009/01/200912771624892342.html
Fannie, Freddie may tap U.S. Treasury for $51 bln
The storm of rising delinquencies and falling securities values that led to the government's seizure of the companies in September accelerated in the last quarter, requiring Fannie Mae and Freddie Mac to seek more of the stop-gap measures organized by the U.S. Treasury and their regulator. Analysts predicted more capital needs from Treasury through 2009.
http://www.reuters.com/article/email/idUSTRE50P7EG20090126
Forecasters see historic drop in retail sales
Half-percent downturn in '09 would be the first one in at least 30 years
http://www.msnbc.msn.com/id/28863873/
From Information Clearing House
http://freepage.twoday.net/search?q=consumer+confidence
http://freepage.twoday.net/search?q=jobs+loss
http://freepage.twoday.net/search?q=job+cuts
http://freepage.twoday.net/search?q=Fannie+Mae
http://freepage.twoday.net/search?q=Freddie+Mac
http://freepage.twoday.net/search?q=Treasury
http://freepage.twoday.net/search?q=securities+value
http://freepage.twoday.net/search?q=retail+sales
http://www.worldnetdaily.com/?pageId=87175
Consumer confidence hits another low
A new year and a new president failed to boost consumer confidence this month, as the outlook dropped to its lowest level in more than 40 years, according to a report released Tuesday.
http://www.bizjournals.com/charlotte/stories/2009/01/26/daily21.html
Bloody Monday: Over 71,400 jobs lost
More than 200,000 job cuts have been announced so far this year, according to company reports. Nearly 2.6 million jobs were lost over 2008, the highest yearly job-loss total since 1945.
http://tinyurl.com/dm8ymm
US firms announce heavy job cuts
US construction equipment giant Caterpillar earlier said it was to cut about 20,000 jobs, after its profits slumped by 32 per cent.
http://english.aljazeera.net/news/americas/2009/01/200912771624892342.html
Fannie, Freddie may tap U.S. Treasury for $51 bln
The storm of rising delinquencies and falling securities values that led to the government's seizure of the companies in September accelerated in the last quarter, requiring Fannie Mae and Freddie Mac to seek more of the stop-gap measures organized by the U.S. Treasury and their regulator. Analysts predicted more capital needs from Treasury through 2009.
http://www.reuters.com/article/email/idUSTRE50P7EG20090126
Forecasters see historic drop in retail sales
Half-percent downturn in '09 would be the first one in at least 30 years
http://www.msnbc.msn.com/id/28863873/
From Information Clearing House
http://freepage.twoday.net/search?q=consumer+confidence
http://freepage.twoday.net/search?q=jobs+loss
http://freepage.twoday.net/search?q=job+cuts
http://freepage.twoday.net/search?q=Fannie+Mae
http://freepage.twoday.net/search?q=Freddie+Mac
http://freepage.twoday.net/search?q=Treasury
http://freepage.twoday.net/search?q=securities+value
http://freepage.twoday.net/search?q=retail+sales
rudkla - 28. Jan, 06:06