Consumer spending fell for a record sixth straight month in December as recession-battered households, worried about surging layoffs, boosted savings rates to the highest level since May. ...more

February 3, 2009

Senate Republicans circulated a sweeping plan to drive down the cost of mortgages by expanding the federal government's role in the industry, officials said Monday night as debate opened on an economic stimulus bill at the top of President Barack Obama's agenda. ...more

February 2, 2009

Banks collecting billions of dollars in federal bailout money sought government permission to bring thousands of foreign workers to the U.S. for high-paying jobs, according to an Associated Press review of visa applications. ...more

February 1, 2009

Americans Receiving Jobless Benefits Hits Record WASHINGTON (AP) - The number of people receiving unemployment benefits has reached the highest level on records that go back more than 40 years, the government said Thursday, and more layoffs are spreading throughout the economy. ...more

February 1, 2009

Here's what we know about the Obama presidency so far. It's not 1933, we're not in the Great Depression and Barack Obama is not FDR. ...more

February 1, 2009

Keep Workers On Job Like others, I am completely appalled about the layoffs of so many hardworking Americans recently. I am talking about principles, not racisms. Companies such as Bank of America, Citibank, Dell and Hewlett-Packard have been consistently outsourcing thousands of jobs overseas. Imagine all the possibilities for us Americans if these companies and others would keep the jobs in the U.S. ...more

January 31, 2009

Florida hardly was spared from the crushing news of more than 60,000 job losses, but it appears to have barely affected Hernando County, if at all. ...more

January 28, 2009