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US economy enters 23 months of recession amid recovery hopes

Posted on: October 1st 2009 in Press Releases.

ET: WASHINGTON: Amid hopes of economic revival and worries of rising unemployment, the US economy has been in recession for 23 months, one of the longest periods since the 1930s Great Depression. Battered by the ravaging financial meltdown, the US has witnessed steep economic contraction…

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Obama’s Spending Spree, Budget Numbers “Have All Gone Mad,” Analyst Says

Posted on: August 27th 2009 in Press Releases.

When retail expert and all-around economy watcher Howard Davidowitz appeared on Tech Ticker in February declaring the worst was yet to come for the U.S. economy and that Americans’ standard of living has changed permanently, our comment boards lit up. But surely with the latest ral…

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Strong results at Intel pull stocks sharply higher – Wall Street

Posted on: July 15th 2009 in Market News.

NEW YORK (AP) — Investors are betting on the economy again. Strong earnings and an upbeat forecast from Intel Corp. pulled investors into the stock market Wednesday as hopes grew that the economy could be starting to recover. The chip maker’s results signal that computer sale…

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