Category Archives: Economy

Man to give $1,000 for each jobless worker hired

By doris | Published: October 20, 2010

Full Story at msnbc.msn.com NEWTOWN, Pa. — A suburban Philadelphia philanthropist who believes charity is a powerful incentive thinks he can help get Americans back to work one donation at a time. Gene Epstein, 71, is promoting a $250,000 effort called Hire Just One, with plans to make $1,000 donations to charity in the name [...]

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Jerry Lewis MDA Telethon raises $58.9 million

By doris | Published: September 7, 2010

Full Story at TODAY.msnbc.msn.com LAS VEGAS — Despite the struggling economy, officials with the Jerry Lewis MDA Telethon say contributions and pledges from this year’s Labor Day event totaled $58.9 million. While the amount was down from $60.5 million last year and a record $65 million in 2008, Lewis said he was pleased with the [...]

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Obama pleads for $50 billion in state, local aid

By doris | Published: June 13, 2010

Full Story at msnbc.com WASHINGTON – President Obama urged reluctant lawmakers Saturday to quickly approve nearly $50 billion in emergency aid to state and local governments, saying the money is needed to avoid “massive layoffs of teachers, police and firefighters” and to support the still-fragile economic recovery.

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Gulf of Mexico oil spill called worst in U.S. history

By doris | Published: May 27, 2010

Full Story at CNN.com Venice, Louisiana (CNN) — The Gulf of Mexico undersea gusher has already spilled more oil than the Exxon Valdez disaster — possibly more than twice as much, making it the largest oil spill in U.S. history — government scientists said Thursday. Scientists observed 130,000 to 270,000 barrels of oil on the [...]

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Historic Manhattan hospital shuts doors

By doris | Published: May 3, 2010

Full Story at CNN.com (CNN) — After 161 years of treating survivors of major catastrophes, from the sinking of the Titanic to the attacks of September 11, and leading early HIV treatments, New York’s St. Vincent’s Hospital closed Friday. Faced with financial troubles and mounting debts, the historic hospital was forced to shutter its operations. [...]

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Clinton draws parallels between ‘upheaval’ of 1995, today

By doris | Published: April 18, 2010

Full Story at CNN.com (CNN) — Former President Clinton said he sees parallels in the mood of the country now and on April 19, 1995, when the bombing of a federal building in Oklahoma City killed 168 people while he was in the White House. “There’s the same kind of economic and social upheaval now,” [...]

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Social Security payout to exceed pay-in this year

By doris | Published: March 25, 2010

The Goverment kept borrowing from SS because there was a surplus of money. They did not put it back.Now there is not enough money to pay the people that depend on it to live. They better find the money to help these older people out. Or do the not just care about the older people [...]

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Cost-cutting states reduce prison populations

By doris | Published: March 17, 2010

Full Story at msnbc.com NEW YORK – Spurred by budget crises, California and Michigan together reduced their prison populations by more than 7,500 last year, contributing to what a new report says is the first nationwide decline in the number of state inmates since 1972. The overall drop was slight, according to the Pew Center [...]

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School cuts a painful no-win lesson for all

By doris | Published: March 12, 2010

Full Story at msnbc.com Kansas City, Mo., plans to close nearly half its public schools by fall. Illinois’ governor wants to raise state income taxes by 1 percent to continue funding schools and prevent the layoffs of thousands of teachers. Hawaii, President Barack Obama’s home state, has whacked 17 days from the school year and [...]

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Struggling to find enough Toys for Tots

By doris | Published: December 19, 2009

Full Story atCNN.com Boston, Massachusetts (CNN) — A white van sits at a warehouse loading dock in Boston. Buckled in the front passenger seat is Eeyore, the donkey friend of Winnie the Pooh. “This is the back seat driver,” says one of several volunteers removing the stuffed animal and other donated children’s items for the [...]

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Afghan leader: Help needed to pay for larger army

By doris | Published: December 8, 2009

Full Story at news.Yahoo.com KABUL, Afghanistan – Afghan President Hamid Karzai said Tuesday it will be at least 15 years before his government can bankroll a security force strong enough to protect the country from the threat of insurgency. Speaking at a news conference with U.S. Defense Secretary Robert Gates, Karzai said Afghan security forces [...]

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Why cheap oil is here to stay

By doris | Published: December 4, 2009

Full Story atmoney.cnn.com NEW YORK (CNNMoney.com) — Because oil prices have always been directly related to the strength of the economy, a recovery might have seen headlines like these: • The recession ends: Get ready for $100 oil • The economy roars: $140 oil, is there an end in sight? • Everyone in China buys [...]

Also posted in Cars, Company, Fuel, Gas, Money | Leave a comment

Student occupation at UC Santa Cruz ends

By doris | Published: November 24, 2009

Full Story at CNN.com (CNN) — About 70 students at UC Santa Cruz in California avoided arrest early Sunday morning when they surrendered the administration building they had occupied for three days, according to a school spokesman. But, school officials said in a statement, “students who participated in this incident face possible criminal and/or student [...]

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Car lovers seek green energy, not gas guzzlers

By doris | Published: October 1, 2009

Full Story at CNN.com The Belle Mead, New Jersey, resident runs the car-review Web site mpgomatic.com with a focus on fuel efficiency, but even he strays over to public transit every now and then. Nowadays, even the biggest car lovers are taking notice of energy conservation. Readers may not realize a guy who revs engines [...]

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Pre-emptive triage up for bleeding airlines

By doris | Published: September 11, 2009

Full Story at CNN.com With more than $6 billion in losses through June, the global airline industry is on track to outpace the initial yearlong prediction that it would lose $9 billion, said Brian Pearce, chief economist for the International Air Transport Association, which represents about 230 airlines. “Airlines are in survival mode,” as they [...]

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Stimulus cash for weatherization still unspent

By doris | Published: August 13, 2009

Full Story at msnbc.com LINCOLN, Neb. – Jackie Harpst expected a busy summer at her nonprofit housing agency, as work crews backed by Nebraska’s share of $5 billion in federal stimulus money headed out to seal windows and spread insulation. Months after she thought work would begin, not a single window has been caulked. And [...]

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Ohio boy sells his toys to help his family

By doris | Published: July 20, 2009

Full Story atCNN.com Zach McGuire is selling his toys to raise money for his family, which like others across the country, has bills piling up and a home in jeopardy. The youth said the idea came up during a conversation with his father. “You can’t live in toys, or eat toys,” he told CNN television [...]

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U.S. highway deaths at lowest levels since 1961

By doris | Published: April 6, 2009

Full Story At  msnbc.com WASHINGTON – An economic downturn can have a bright side: U.S. highway deaths in 2008 fell to their lowest level since John F. Kennedy was president. The recession and $4 per gallon gas meant people drove less to save more. Experts also cited record high seat belt use, tighter enforcement of [...]

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U.S.-Mexico Border To Get $400M Upgrade

By doris | Published: April 2, 2009

Full Story At  CBS News (AP) The Obama administration plans to spend more than $400 million to upgrade ports of entry and surveillance technologies to help thwart drugs and arms smuggling along the U.S.-Mexico border. Homeland Security Secretary Janet Napolitano said Wednesday that the projects will help keep violence from spilling across the border. “Working [...]

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King: Bus routes to be closed; stimulus money can’t help

By doris | Published: March 29, 2009

Full Story At CNN.com BALLWIN, Missouri (CNN) — For Stuart and Dianne Falk, it is a two-bus, 45-minute trip into downtown St. Louis to head to the gym and to volunteer at a theater group. And it is a lifeline that ends Friday. “To be saddled, to be imprisoned, that is what it is going [...]

Also posted in Disabilities, Spending, Stimulus, Travel | 3 Comments