The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output for a given country’s economy. GDP is defined as the total market value of all final goods and services produced within the country in a given period of time (usually a calendar year). It is... Read More »
This is a current list of Airlines who have entered protection and filed for Chapter 11 bankruptcy from 2002 to the present. August 11, 2002 – US Airways enters protection December 9, 2002 – United Airlines under protection March 31, 2003 – US Airways emerges April 1, 2003 – Air Canada files September 12, 2004... Read More »
This is a list of the total announced layoffs at America’s 500 largest public companies as measured by a composite ranking of sales, profits, assets and market value during January 2009. Total Announced Layoffs: 151,352 January 5th Cigna: reduces workforce by 4% (1,100 jobs). United States Steel: cuts 50 jobs as it closes production lines... Read More »
Unemployment is what the status of not being employed is called. If you get laid off, downsized, lose your job due to a failing business, or end up with no work because demand for what you used to do has diminished, than you are considered unemployed. Unemployment is a problem that comes and goes with... Read More »
The Federal Deposit Insurance Corporation is a United States government corporation created in 1933. It provides deposit insurance which guarantees the safety of checking and savings deposits in member banks, currently up to $100,000 per depositor. The vast number of bank failures in the Great Depression spurred the United States Congress to create an institution to guarantee... Read More »
The package contains targeted efforts in: • Clean, Efficient, American Energy • Transforming our Economy with Science and Technology • Modernizing Roads, Bridges, Transit and Waterways • Education for the 21st Century • Tax Cuts to Make Work Pay and Create Jobs • Lowering Healthcare Costs • Helping Workers Hurt by the Economy • Saving... Read More »
The homeowner vacancy rate was 2.9% in Q4 2008. A normal rate for recent years appears to be about 1.7%. There is some noise in the series, quarter to quarter, so perhaps the vacancy rate has stabilized in the 2.7% to 2.9% range. This leaves the homeowner vacancy rate almost 1.2% above normal, and with... Read More »
Home eviction is not all that uncommon, and here are some things to remember about it. Remember that by the time you get an eviction notice, you only have a short amount of time left to move. Do not ignore an eviction notice! If you have gotten to the point where you receive an eviction... Read More »
The Federal Reserve System, known informally as the Fed, is the core center banking system of the United States. It was founded back in 1913 by the government when it enacted the Federal Reserve Act. There are twelve regional Federal Reserve Banks located in large cities around the U.S. They act as fiscal agents, each... Read More »
Government grants are sums of government money that the government hands out to an individual, group, business, or organization if they meet the requirements. Generally, you need to apply for government grants to get them, and this can be done by getting grant applications on the grants that you are interested in. Grants can help... Read More »