Wednesday, May 4, 2016 Nisan 26, 5776
By:
Dr. Joel L. Naroff, JE Feature
The financial market meltdown has stabilized. That's the good news. Unfortunately, sanity has not returned. Large swings in the equity markets are now a way of life. But concerns about the potential failure of additional major firms have dissipated. However, the key question still remains: How long and how steep will this recession be and how do we get out...
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If caught in the web of a recession, logging on may untangle it
Unless you live in the wilderness, you know the news on the economy is not good. Employers have been cutting workers from their payrolls for six months straight, according to the Labor Department, and economists don't expect the job market to improve any time soon. With all this talk about a recession, it's hard to feel any kind of job...
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Auto, rail, subway congestion almost rained on our parade. But what if we had biked to the Bank for a change?
By:
Frank Rosci, JE Feature
With oil and gasoline prices subject to the volatile, roller-coaster-like ups and downs of worldwide supply and demand, more and more bicycles are showing up on the streets of Philadelphia, notably in Center City, but elsewhere around town, as well. Bicycles are in vogue because they offer a convenient, space-saving and fun form of basic transportation, aside from the fact...
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By:
Frank Rosci, JE Feature
Words of pragmatic and, at times, politicized advice, based on years of Washington expertise and experience, were the order of the night when former Secretary of State Henry Kissinger and former Secretary of the Treasury Robert Rubin met to discuss what the next U.S. president -- now, of course, President-elect Barack Obama -- must do to be successful at home...
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By:
Fred D. Snitzer, JE Feature
The new president will confront some good and bad news about the economy. First, the bad news: We may experience, according to some economists, a severe and prolonged recession, one that could last through 2009 and see the unemployment rate rise to more than 8 percent. The good news is the same -- we may experience a severe and prolonged...
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