economy

Making Real Change in the Downturn

In a trend piece at the New York Times, Stephanie Rosenbloom explains how, in a downturn, “jewelry is turning out to be one of the easiest places to cut back—or trade down.” In a different economy, Billy Mitchell and Nicole Drucker of San Francisco might have splurged on a $10,000 engagement ring. But Ms. Drucker [...]

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Corporate layoffs: Closing a door, but opening a window?

Here’s an interesting column from yesterday’s Wall Street Journal about how lots of companies hire as they fire – including Microsoft, AT&T, and Time Warner. WSJ reporter Cari Tuna explains that while layoffs mount, many of the same employers also are hiring – in other business units, in other places, or for other skills. She [...]

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Got any change? Let’s hope it’s for the better!

President Obama and his cabinet have their work cut out for them. If the new administration needs to review the changes in the economy over the last 8 years—and it very much does—Dan Roam, author of The Back of the Napkin, offers some helpful sketches like this one on his site. The Back of the Napkin [...]

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Mix Yourself a “Financial Meltdown”

Book news site TribLog offers some welcome advice for those of us (all of us?) affected by the recession/depression/apocalyp$e: Enjoy a smooth cocktail. But what? What drink would relieve us of our symptoms? Certainly not a Mad Dog Madoff, which is three parts Chateau Lafitte Rothschild and approximately three billion gallons of sweat from his [...]

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