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Okay, here’s a big fat surprise: home prices fell at a record pace in October. We already knew that November retail values did the same. We knew the subprime mortgage crisis has been reverberating through the real estate and credit markets. So here’s just one more reminder of the econalypse.
Home values in America’s...
It’s happening now as we speak. The American economy is tumbling faster than you can say Alicia Sacramone. During November, retail prices plummeted at record speeds, and now after all the pain in the ass inflation we’ve dealt with, we may just have a new problem on our hands: deflation.
Retail prices fell at their ...
If you’ve been hiding out with the Amish, in a coma, or somehow indisposed in another way, here’s an update: the economy sucks. Here’s another update, for people with no common sense: it’s gonna stay that way for a while.
Two million jobs could be lost nationwide next year under the weight of a severe global recession tha...
In a world where we rejoice that gas is under $2, where we rejoice that we can even build houses and that the stock market hasn't done the-Black-Friday thing, it's still looking like college students don't have much happiness to hang their hat on.
BizJournal reports that 4 out of 5 college graduates and seniors looking for jobs have been unsu...
Even though we’ve elected Obama, a beacon of hope and change, the economy is still in the shitter. What like he couldn’t fix that already? Apparently not, because today the government has reported that job losses have reached 1.2 million this year, with 240,000 job cuts in October alone.
These layoffs have brought the country’s unemployment ra...
Google, the seemingly invincible internet supergiant, is even being affected by the toilet-like economic climate as of late. They just sent out a memo to their New York office saying that cafeteria hours were being trimmed, food selection will be decreased and traditions like Tuesday afternoon tea (yes they did that) are suspended indefinitely....
On Thursday I provided college males out there with a list of 5 essentials to survive as the market continues to go straight to Hell and promised to follow up with a list of 5 essentials for the female student. As promised, here is my list of essentials for the average college female to get through these tough financial times, because not all of...
Good afternoon, my fellow average Joes. Below I have provided you all with a list of essentials to get yourself by the upcoming months.
1.) Alcohol- This is obvious for college students, but let me stress the importance of getting the right drinks. You can no longer afford Guinness or any other imported beer. It's time to go back to the basics...
The United States economy is a mess, and with the ill-conceived Bailout Plan, Bush's administration and the whizzes at the Federal Reserve intend to make it worse.
Somewhere along the way, it seems the government forgot how the economy and the basic principles of economics, such as inflation, function. Thankfully, every college student's favor...
Want a beer?
Blame it on the economy.
As American’s wallets take a hit, they continue to hit the bottle. Despite the need to cut back on expensive goods, many people still seem to be drinking. It makes sense, though. College students know better than anyone the power of alcohol to make you forget about your problems.
CNN explores the link ...
Station managers are experiencing a shortage at the pump – of digits. They never expected the price of gas to go up so much, so quickly. While they have a surplus of 3s, there are no 4s to represent the current near-record gas prices.
So how are the station managers informing their customers of the cost to fill up? They have been using makeshi...
The economy sucks. While everyone is feeling the brunt of the poor job market, those that are looking for a summer job are being hit the hardest. According to a report from Northeastern University, this summer’s job outlook is the worst in 60 years.
Despite this bleak time period, all is not lost. For those summer job seekers, one option is to...
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