U.S. economy

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According To Recovery.gov $600 Million Available For Wisconsin

Nearly $600 million dollars is available for the state of Wisconsin to save jobs and reform the economy, says Recovery.gov. To be more precise Recovery.gov reports that more than $587 million in recovery money for Wisconsin's State Stabilization Funds.

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Economic Woes Continue In The US

First Quarter results are out and the news is not good- the U.S. Economy is continuing to struggle in nearly ever sector, despite government attempts to stall the economic crisis in it’s tracks.

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Can Teenage Population Turn This Economy Around?

Everyone can agree that we are stuck in an economic sinkhole. But what will bring us all out of the gloom and doom of this recession? Should we look at the baby boomers that are clamoring to exit this horrible economic environment? No, I don’t think so. I think we need to focus our attention on the youth. I know that this may be a farfetched idea but hear me out.

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Default Notices Jump to Record Highs in California

Dataquick released the latest notice of default statistics in California and while the results are certainly not pretty, the report is filled with many interesting tidbits. A total of 135,431 defaults notices were sent out during the January to March period in California, an increase of 80% from the prior quarter and 19% year over year.

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Bernanke Says The Economy Is Turning Around

Ben Bernanke is convinced that though things are still bad the economy is turning around. I'm afraid I don't see it.

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Adjust Your Budget As Economy Is In The Tank

The economy is in the tank. We all know that. The unemployment rate is sky-rocketing. No new news there either. The question is, what are you doing about it? How are you taking this information and adjusting your budget to bare bones?

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Has The Stock Market Bottomed Out?

In the midst of a current 1-month long rally in the Dow Jones Industrial Average, investors and analysts alike are asking themselves if we’ve in fact seen the worst that the market and economy has to offer. There have been signs as of late that signal that the economic plunge is leveling off.

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Obama Bets It All On Failed Banksters

Week in and week out, the best two reads on Bloomberg are Caroline Baum and Jonathan Weil. Please consider Weil's article: Obama Stakes His Fortunes on Failed Banksters.

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Our Economy Lost Another 663,000 Jobs In March

Unemployment in U.S. Reaches 25-Year High of 8.5%; Payrolls Cut by 663,000. How will the market end based on the employment numbers. In 2009 we have lost 2 million jobs in USA. The only consolation is that these bad numbers reflect the past and were more or less in line with the analyst expectations.

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White House Launches Open for Questions

Barack Obama and the White House launched Open For Questions aiming to hear the people's questions about the U.S. economy.

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Obama To G-20: Take Bold Economic Action

The President of the United State of America Barack Obama is calling for world leaders to take "bold, comprehensive and coordinated action" to trigger economic recovery and avert future crises.

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Are We In Economic Expansion?

All of a sudden the number of people wanting new mortgage loans is on the rise. More evidence we are in economic expansion, especially on the backdrop of today's Dow rally. Although we need to sustain it.

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