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We are now finishing the 16th month of the recession, which began in December 2007, according to the National Bureau of Economic Research. Not only is this a long recession, but it's also a severe one, marked by painfully high levels of job losses, a sharply reduced credit flow and a drop in the value of many investments. ...more
March 27, 2009
I thought I'd answer a few more of your questions: Jaclyn in Cleveland asks: My husband and I are 33 with two small children. With an income of $230,000, we max out our TSP and 401(k) plans. Each month we save $250 to a 529, $200 to IRA and brokerage accounts, and $50 to an ING savings account. Given that we are 30 years to retirement and 15 years from college tuition bills, is it smart to maintain our current savings patterns or is it better to adjust according to the economy? ...more
March 15, 2009
A public forum in Tampa Wednesday to discuss the government's banking and economic-recovery plans revealed the local business community deeply worried about the immediate financial future. ...more
February 20, 2009
A few months ago, he was at the head of the championship parade in Philadelphia. The city belonged to the Phillies and so did Pat Burrell. Now he joins the team he helped beat in the World Series. ...more
January 6, 2009
In the 1970s, there was an Enjoli perfume commercial showing a woman, clutching a fist full of money, who proclaimed she could bring home the bacon and fry it up in a pan. ...more
August 31, 2008
The "unofficial" hiring freeze at the Hernando County School District is over. ...more
January 5, 2008
Sprint Nextel said Monday that chairman and chief executive Gary D. Forsee will step down immediately, just two years after directing the $35 billion merger that created the nation's third-largest wireless company. ...more
October 9, 2007
Gov. Charlie Crist is thinking about selling the state lottery to a private investor who would pay enough to solve the state's immediate budget problems. He should think again. ...more
September 18, 2007
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