America’s Corporations Rake in Record Profits: $825 Billion
The Fortune 500 generated a total of $824.5 billion in earnings last year, up 16.4% over 2010. That beats the previous record of $785 billion, set in 2006 during a roaring economy.
French President-elect Hollande to Focus on Pro-growth, Jobs Agenda
Yesterday’s election of Francois Hollande as president of France, by a 52-to-48 percent margin, will hopefully mark a turning point in the economic fortunes of Europe.
Volusia County Manager Warns of Tougher Budgets Ahead
Volusia County officials are anticipating that property values would continue to decline over the next two years and are bracing for even tougher times.
Business Insider: Apple Killed Nearly 500,000 in America
Apple has destroyed nearly 500,000 in the United States, as many jobs as it has created, an exclusive analysis by Business Insider says.
Recovery? 50 Percent of College Graduates are Jobless
The disappearance of mid-level jobs during the Great Recession, along with overall high unemployment, have made it hard for recent college graduates to find good jobs when they leave school.
How the Obama Administration Failed Foreclosed Homeowners
The Obama administration’s indifference to the plight of foreclosed homeowners, and total subservience to the banks, is once again on public display
Surprise! Report: Florida Faces Slow Recovery
A just released report by the state finds that it will take time for Florida’s economy to bounce back, due in large measure to high unemployment and relatively flat population growth.
