Economy & Markets

The stimulus plan, formally called the American Recovery and Reinvestment Act, was unveiled Jan. 15 and is being fast-tracked for approval before Congress takes its President’s Day recess. A House vote could come as early as Wednesday; Senate Democrats are working on their own stimulus version.
The 1,120,000 lost US retail jobs in 2008 are a signal that the second stage of the real estate bust is about to hit the economy. This time it will be commercial real estate -- shopping malls, strip malls, warehouses, and office buildings. As businesses close and rents decline, the ability to service the mortgages on the over-built commercial real estate disappears
"The signs are that the recession reached a bottom in October 2008, but it is not clear that the recession has reached its absolute bottom," concludes Shapiro.
U.S. productivity growth is expected to slow to 0.5 percent in 2009, but may improve during the second half of the year. "This will provide an opportunity for improved competitiveness of U.S. firms when the recovery starts
  By Roger Caldwell   History repeats itself and the credit expansion schemes have created a U.S. financial crisis which can trigger a global financial and economic meltdown. The U.S. has experienced two major deflationary depressions which lasted from 1835 to 1842, and 1929 to 1932. The impending deflationary crash that lies...
Wawa Inc. today announced their official entrance into the Central Florida market, with the ground breaking celebration of their first store in the state of Florida!