Wednesday, August 24, 2016 Av 20, 5776
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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The belt-tightening in corporate America is likely to continue in response to the nation's economic woes, magnified earlier this week with its response to an Asian economy meltdown. But, in a slower economy, it's more important than ever for business professionals to sharpen their competitive edge through ongoing training. Looking for a cost-effective way to continue to improve your company's...
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And it may only get worse, says one expert in the field
By:
Lauren Kramer, JE Feature
There's havoc being wreaked in the real estate market due to dramatic volatility created by the failure of major financial institutions and selective governmental bailouts. That's the present situation, according to the Real Estate Capital Institute, a Chicago-based organization that monitors realty capital market information. October data from the institute reveals that new construction of commercial property financing is almost...
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By:
Edward L. Snitzer, JE Feature
On Oct. 3, Congress passed a controversial $700 billion financial rescue plan. It did so with great misgivings, and only because it had been warned of the need to stem the frozen credit panic gripping the financial markets with some plan, any plan. Given the panic, all that was on the table for congressional consideration was the Treasury plan: Will...
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By:
In attempting to prevent a total meltdown of the American financial system, and while weighing the pros and cons of the federal rescue program that involves up to $700 billion in taxpayer dollars, the nation's lawmakers perhaps entered their most-contentious period since the 2002 debate over whether or not Congress should authorize the president to use force in Iraq. Such...
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