News Stories relating to "recession"

Why so many foreclosures? - Foreclosures aren't the cause of today's housing surplus--changing demographics are. The excess supply and its persistence are directly linked to the increase in homeowners over age 55 who want to sell and downsize, coupled with the decrease in number of 30- to 45-year-olds who want to buy. Economist...

What sucked up all our money in the mortgage crisis? Policymakers and analysts continue to dispute causes of the 2007-2008 foreclosure crisis, which triggered a much deeper and more serious financial crisis and ultimately an economic recession. Did banks prey on unwitting consumers, or did households overreach and borrow more than they could...

It's a strange world out there: You may not like your job, but are you ALLERGIC to it? Damp environments, poorly maintained heating and air-conditioning systems and carpeting may contribute to poor indoor air quality that can make you sick. Americans spend about 90% of their time indoors, where they are repeatedly exposed to indoor allergens...

Worried about an upcoming shortage of food and oil (and everything ELSE)? Being miserly won't help.

Would the world be a better place if we could somehow curb our desire for material goods? Environmentalist Saleem Ali says "No."

Take minerals: "The reality is, without minerals, we could not have had modern civilization," he says...

For a job interview, for meeting a potential mate - Your first grade teacher was right: Sitting up straight in your chair isn't just good for your posture, it also gives you more confidence in your own thoughts (in fact, it's good for everyone, no matter where they come from). No matter how old you are, it's not too late to...

for people & for the planet - It's not over yet and won't be until more jobs are available! But while economic turndowns are miserable for the mind, they are not necessarily bad for the body. Scientists say that a recession may also be healthy for our PLANET.

The Great Depression had a silver lining: During that hard...

...when we no longer have a home - There are many tragedies connected with the recession, and one of these is the dilemma about what to do with some special members of our families when we can't afford to take care of them anymore: our pets.

Many families have been forced to abandon their pets when they face foreclosure...

The economy may be showing signs of improvement but economists think that consumers will keep their newly-adopted thriftier habits for the long haul. This means that they'll buy less, so that the economy won't improve as quickly as it would have if everyone went back to their old ways. But will we be willing to give up on gambling?

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...while their employees are paid so little - Amid the current economic crisis, the debate over CEO pay has intensified. Now more than ever, people are asking, "Are CEOs overpaid?"

Psychologist Jerald Greenberg says, "As resources become scarce, we become increasingly careful about how to spend them, so if a CEO's salary...