This just out via the Associated Press: The number of newly laid off workers filing for unemployment benefits rose last week to the highest level in nearly two months, providing more evidence that the weak economy is having an adverse impact on the labor market. The Labor Department said Thursday that applications for jobless […]
Working Life
Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "Federal Reserve"
It Will Be Ugly On Wall Street Today (UPDATED)
Posted on 17 March 2008.
We will get a window on how bad it could get in about 20 minutes when the stock market opens. Stocks will drop like a rock if the overnight trends are any indication: European and Asian stocks fell Monday in response to renewed worries about the financial strength of the world’s banking system after […]
Posted in General InterestComments (0)
It Will Be Ugly On Wall Street Today (UPDATED)
Posted on 17 March 2008.
We will get a window on how bad it could get in about 20 minutes when the stock market opens. Stocks will drop like a rock if the overnight trends are any indication: European and Asian stocks fell Monday in response to renewed worries about the financial strength of the world’s banking system after […]
Posted in General InterestComments (0)
Meltdown In The Markets
Posted on 10 March 2008.
A short post today since it’s big fundraiser day. Paul Krugman reports: The scariest thing I’ve read recently is a speech given last week by Tim Geithner, the president of the Federal Reserve Bank of New York. Mr. Geithner came as close as a Fed official can to saying that we’re in the midst […]
Posted in General InterestComments (0)
Meltdown In The Markets
Posted on 10 March 2008.
A short post today since it’s big fundraiser day. Paul Krugman reports: The scariest thing I’ve read recently is a speech given last week by Tim Geithner, the president of the Federal Reserve Bank of New York. Mr. Geithner came as close as a Fed official can to saying that we’re in the midst […]
Posted in General InterestComments (0)
The Meltdown–If They Had Listened To Us
Posted on 23 January 2008.
As I wrote yesterday, the markets around the world are in a freefall. This morning, things are looking just as grim, with predictions that the Dow will drop 500 points in early trading based on what happened yesterday and overnight in foreign markets. The Federal Reserve has just announced a 3/4 of a point […]
Posted in General InterestComments (0)
The Meltdown–If They Had Listened To Us
Posted on 23 January 2008.
As I wrote yesterday, the markets around the world are in a freefall. This morning, things are looking just as grim, with predictions that the Dow will drop 500 points in early trading based on what happened yesterday and overnight in foreign markets. The Federal Reserve has just announced a 3/4 of a point […]
Posted in General InterestComments (0)
Greenspan Closed His Eyes To The Mortgage Crisis
Posted on 19 December 2007.
I’ve always been peeved at the way the press and the elites have revered Alan Greenspan–even as he screwed average people time after time. But, I guess that’s the definition of being an elite–you don’t really care about the damage done to regular people. This would be a good time to go back and […]
Posted in General InterestComments (0)
Greenspan Closed His Eyes To The Mortgage Crisis
Posted on 19 December 2007.
I’ve always been peeved at the way the press and the elites have revered Alan Greenspan–even as he screwed average people time after time. But, I guess that’s the definition of being an elite–you don’t really care about the damage done to regular people. This would be a good time to go back and […]
Posted in General InterestComments (0)
© 2026 Working Life. Powered by WordPress.
