../../../..//2008/07/01/a-consumer-reports-study-finds/
A Consumer Reports study finds that 79% of consumers surveyed say they plan on buying a car with better fuel economy. [Consumer Reports]
economy
Dogs And Cats Feel The Foreclosure Crisis, End Up In Shelters Or Worse
By 6.26.08
As the foreclosure crisis continues, pets are losing their homes and their families as cash-strapped humans can no longer afford to care for their dogs and cats.
By 6.26.08
../../../..//2008/06/26/american-airlines-is-cutting-flights/
American Airlines is cutting flights at most regional hubs. [South Florida Business Journal]
Countrywide CEO: "Countrywide Has Made A Positive Impact On The Country"
By 6.26.08
Countywide CEO Angelo Mozilo thinks his company being treated unfairly by the media according to a article in BusinessWeek. At the Countrywide annual shareholders meeting, Mr. Mozilo said:
Hey, We've Got The Lowest Consumer Confidence Since The First Bush Administration!
By 6.24.08
Consumers are hurting these days and they haven’t hurt this bad since Papa Bush was in office way back in 1992.
Who Is $4 Gas Hurting? Starbucks!
By 6.19.08
A survey by Kelley Blue Book says that new car shoppers are giving up Starbucks to help offset the cost of $4 gas. Sorry, big green mermaid lady! The KBB study results reveal that 28 percent of new-car shoppers have stopped going to Starbucks or other coffee houses entirely, and 21 percent indicate they are going less often due to skyrocketing gas prices.
By 6.19.08
../../../..//2008/06/19/sign-of-economic-desperation-man/
Sign of economic desperation: man robs kids’ lemonade stand, but the kids chase him into nearby house and call the cops, who arrest him and charge him with felony robbery. [AP]
Grocery Shrink Ray Hits Garden Salsa Sun Chips
By 6.17.08
These Sun Chips have shrunk from 11.5 oz to 10.5 oz and are still being sold at the same price. “Not even healthy foods that normally are already sold in smaller portions are safe,” says tipster MasonTwo who spotted these on the shelves at Walmart. CNN says the products most vulnerable to the Grocery Shrink Ray are paper towels, potato chips, sticks of gum, toilet paper, detergent and candy bars. Hey, look at the bright side, maybe the Grocery Shrink Ray is just what we need to fight the obesity crisis.
Five Sites That Will Help You Recession-Proof Your Life
By 6.16.08
Although we are not technically in a recession, it’s starting to feel like one. As gas prices and unemployment continue to rise, we’ve rounded up a collection of useful advice for the current period of economic austerity.
Four Ways To Make The Most Of Unemployment
By 6.13.08
With unemployment rising to 5.5%, more Americans are finding themselves with more time to catch up on their daytime TV or put in some serious time on World of Warcraft. Others see unemployment as an opportunity to begin a new career, take a mini retirement, invest in yourself, or find other sources of income. Their perspectives, inside.
For The Lumber Liquidators, Economic Woes Yield Advertising Gold
By 6.11.08
While some people conflate “recession” with “depression,” the enterprising gents at Lumber Liquidators are using it as a cheery marketing hook. An ad on their website shouts, “Take advantage of the weak dollar! We ship anywhere in the world.” I guess when your brand is all about the color yellow, it’s hard to be a mopeypants.
Energy Department Says $4 Gas Here To Stay Through Next Year
By 6.11.08
Hope you’re getting along OK with $4 gas because the energy department says its here to stay.
Pretty Graphs Track Drowning Dollar
By 6.10.08
These graphs by GOOD magazine show how much the dollar has sunk against various currencies from May 07-April 08. But don’t feel too bad, folks, at least we’re giving the South African Rand a thorough drubbing.
By 6.9.08
../../../..//2008/06/09/analysts-are-predicting-that-oil/
Analysts are predicting that oil could hit $150 a barrel this summer. Won’t that be fun? [Reuters]
Gas Price Impact Map: Rural US Getting Slammed By $4 Gas
By 6.9.08
Suburban commuters may not enjoy paying an average of $4 a gallon for gas, but the rural US, where income levels are low and dependence on large vehicles is high, is getting hit the hardest says the New York Times.
Woman Protests High Gas Prices By Setting Fire To Gas Stations, Starbucks
By 6.6.08
Here’s a bad idea. Please don’t protest high gas prices by setting fire to a Chevron station, an Arco station, and a Starbucks. Meet Diane Craig, 64, of Danville, California. She’s accused of using “fireplace logs” to try to start fires inside the restrooms of the two gas stations and a Starbucks.
More Than 1 Million Homes Are Now In Foreclosure
By 6.5.08
Grim numbers today from the Mortgage Bankers Association. 2.5% of all mortgages serviced by the association’s members are now in foreclosure — 1.1 million homes. The rest of the numbers aren’t any more cheerful. Both the rate of new foreclosures and late payments were the highest on record going back to 1979, says the AP.
By 6.3.08
../../../..//2008/06/03/maybe-a-whole-generation-will/
“Maybe a whole generation will wake up and realize that collecting points on your Discover card doesn’t make you rich.” – Dave Ramsey. [TIME]
