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Is The Recession Really Over?
The government has issued what looks to be the first sign of economic growth in two years. Analysts expect to see growth in the July-September quarter at 3.3 percent. If correct it would end four straight quarters of contraction. Is time for celebration? Not so fast. Although many will point to this being a sign…
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If You Can't Wear It On Your Feet, Eat It On Your Plate
Have you noticed that your neighborhood pimp and/or gaudy area deacon hasn’t been steezing on these heathens the way they used to? That’s because they along with other connoisseurs of alligator accessories have scaled back on their need for reptile wear. USA Today published a report on how the global economic recession has affected the…
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Buy A Patch, Run A Mile If You Want To Keep Your Job
MSN’s Money reports that although Americans spend a whopping $2.5 trillion on health care and related expenses each year, employers cover in excess of 70% of the total cost of health insurance premiums. As the health care reform wages on employers are bypassing politicians and insurance companies and are actively searching for their own ways…
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Forty Cities Not as Bad off as The Rest of the Country
Though it doesn’t seem like it, there are some American cities still thriving in the recession. And when I say thriving, I mean by the standard of, “well, they’re not floundering as bad as the rest of the country.” BusinessWeek.com used data and analysis from the Brookings Institution’s new MetroMonitor to come up with the…
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Will The Economy Lead To More Balloon Boys?
Michael Arceneaux hails from Houston, lives in Harlem and praises Beyoncé’s name wherever he goes. Follow him on Twitter.
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Despite Hard Times, People Opt To Celebrate Halloween
Forgive me for not being caught up in the spirit of the boo, but I haven’t dressed up for Halloween since I was six-years-old. I dressed up as Buster Bunny from Tiny Toon Adventures. At the time (and probably still now) my teeth went perfectly with Buster’s aesthetic. However, since then I haven’t paid any…
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Credit Card Companies' New Target: Responsible Borrowers
Do you know of any trifling people who unapologetically take two decades to pay off two shirts they charged on their credit card? Congratulations, the fees banks used to slap on them to boost income have now been transferred to you. At a time when the credit crunch shows no signs of improving anytime soon,…
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From NYU to EBT
When you go $95,000 into debt for a graduate degree, chances are you’re not expecting to find yourself standing in line with people who might not have even earned their high school diploma. But that’s exactly where NYU Journalism grad student Ryan McLendon found himself just a short time ago. The New York Times’ City…
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Immigrant Women Face Harsher Plight With Domestic Violence
The cowardice act of domestic violence has seen a surge in lieu of stressful economic times. And while governors like Arnold Schwarzenegger have made it increasingly difficult for women to get assistance after cutting funding for agencies that provide domestic violence services, it’s becoming particularly hard for immigrant women to get help. Isa Woldeguiorguis, policy…
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More Work, More Stress, More Fears For Mothers
Although countless media outlets have reported on the “mancession” – a phrase coined after evidence suggested that the recession has disproportionately hurt men – women aren’t exactly soaring either. A new study from Citi has shed light on what effects the recession has had on working women – namely mothers. Via U.S. News and World…
