Read more recession stories on Newserhttp://www.newser.com/taggrid/4369/recession.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 6:01:31 CSThttp://www.newser.com/story/74631/once-profitable-services-are-killing-local-budgets.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMunicipally owned businesses like utilities, public transportation, and betting parlors used to bring in much-needed cash flow, but the recession has done its predictable work. State and local governments nationwide will likely hemorrhage $3.5 billion this year running these concerns which brought in upwards of $120 billion during the...http://www.newser.com/story/74631/once-profitable-services-are-killing-local-budgets.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 23 Nov 2009 11:52:13 CSThttp://www.newser.com/story/74587/suicide-rate-rising.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe suicides this year of a Freddie Mac boss overwhelmed by investigations into his company and a banker whose firm lost $1.5 billion in the Madoff scandal offer two high-profile examples of a trend confirmed by recent data: the US suicide rate is rising in the wake of the...http://www.newser.com/story/74587/suicide-rate-rising.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 23 Nov 2009 4:49:30 CSThttp://www.newser.com/story/74236/millions-must-repay-part-of-stimulus-tax-credit.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAn IRS tax credit designed to lighten the load on recession-addled taxpayers won't work out as well as hoped for about 15.4 million Americans. Because certain minutiae of the new Making Work Pay credit weren’t factored in to withholding tables, more than 10% of taxpayers who file individual returns...http://www.newser.com/story/74236/millions-must-repay-part-of-stimulus-tax-credit.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 17 Nov 2009 12:49:13 CSThttp://www.newser.com/story/73985/its-about-the-jobs-stupid.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe US has to shake up conventional thinking and create jobs for out-of-work Americans, writes Paul Krugman . Our current misguided thinking—as evidenced by unemployment north of 10%—isn't so much a jobs policy as GDP policy. "If you grow it, they will come," goes the philosophy. Get the economy...http://www.newser.com/story/73985/its-about-the-jobs-stupid.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 13 Nov 2009 8:20:10 CSThttp://www.newser.com/story/73929/buffett-financial-panic-is-behind-us.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWarren Buffett says the worst is over. "The financial panic is behind us," he declared at Columbia University. The Berkshire Hathaway chief acknowledged that the US economy "still is sputtering some," but he sounded a bullish note on investment opportunities around the globe. While he gave "high marks" to Ben...http://www.newser.com/story/73929/buffett-financial-panic-is-behind-us.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 12 Nov 2009 21:14:15 CSThttp://www.newser.com/story/73845/9-other-states-have-calif-sized-fiscal-messes.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCalifornia has by no means cornered the market on enormous financial problems at the state level, with a report out today saying Arizona, Florida, Illinois, Michigan, Nevada, New Jersey, Oregon, Rhode Island, and Wisconsin are also at tremendous risk. The Pew Center sees widespread unemployment, huge budget deficits, and the...http://www.newser.com/story/73845/9-other-states-have-calif-sized-fiscal-messes.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 11 Nov 2009 20:14:46 CSThttp://www.newser.com/story/73543/fast-food-star-of-recession-5-footlong.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBusinessWeek has found what it calls the "fast-food success story of the recession"—the $5 footlong sandwich from Subway. The simple idea began with a franchisee who noticed slow sales on weekends and decided to knock down prices to bring in customers. After sales went through the roof, he pitched...http://www.newser.com/story/73543/fast-food-star-of-recession-5-footlong.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 07 Nov 2009 11:34:50 CSThttp://www.newser.com/story/73503/expect-unemployment-to-keep-rising.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAnyone hoping that today's worse-than-expected news of 10.2% unemployment means we've hit rock bottom is going to be disappointed, writes Megan McArdle . "This figure is likely to get worse before it gets better." Companies need more proof of a long-term recovery before committing to new hires. In the meantime,...http://www.newser.com/story/73503/expect-unemployment-to-keep-rising.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 06 Nov 2009 11:33:25 CSThttp://www.newser.com/story/73465/what-broke-celebs-can-teach-us.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCelebrities really are just like us: During these financially stressful times, they’re suffering, too. On Huffington Post, Manisha Thakor points out the takeaway from four high-profile meltdowns. NBA Player Antoine Walker: Squandered away his $110 million fortune by age 33. The lesson? If you have a variable income, don’t spend...http://www.newser.com/story/73465/what-broke-celebs-can-teach-us.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 06 Nov 2009 9:38:19 CST