National
Joblessness soars, income drops, manufacturing shrinks, govt reports
October 3, 2008First time applications for unemployment benefits skyrocketed to a seven year high in September as more workers lost their jobs in an economy that John McCain described, only two weeks ago, as “basically sound.” Initial jobless...
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Black Caucus: Predatory lending caused meltdown
October 3, 2008WASHINGTON — “A crisis of credit, housing and jobs” is confronting the country today, warned Marc Morial, president of the Urban League, at a Congressional Black Caucus town hall meeting here Sept. 25. Headlined “Foreclosure Crisis:...
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As Detroit reels, council slams misplaced economic priorities, corporate greed
October 2, 2008If we were in a medical crisis instead of an economic one, a triage would be set up and this city would be first in line for assistance. The Motor City, whose residents have produced so...
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OPINION: Finances and the current crisis: How did we get here and what is the way out? Part 2
October 2, 2008The turmoil in financial markets and the bailout to the tune of $700 billion has turned the public eye and wrath on Wall Street and Washington. While millions are aware of the triggering causes, ranging from...
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OPINION: Finances and the current crisis: How did we get here and what is the way out? Part 2
October 1, 2008The turmoil in financial markets and the bailout to the tune of $700 billion has turned the public eye and wrath on Wall Street and Washington. While millions are aware of the triggering causes, ranging from...
Read more