Archive for the ‘Economy’ Category
Tuesday, June 17th, 2008
The biggest story this week has been the floods that have washed out the nation's breadbasket. Iowa in particular has been hard hit, with some of the state's largest cities under multiple feet of water. This is truly a dire situation that has forced people from their homes, and may ...
Posted in Business, Economy, Government, U.S. News | No Comments »
Tuesday, June 3rd, 2008
The middle class continues to feel the squeeze as the United States government repeatedly denies that the country is in a recession. The largest portion of the blame is going on the rapidly rising price of energy, which is contributing to a severe lack of consumer confidence. The general population ...
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Tuesday, May 27th, 2008
Introducing "All Business", another new segment here on whatsthe401.com that focuses on money and the corporate world. "The Million Dollar Man" Ted DiBiase would be proud.
We kick this off with the obvious. Gas prices. They hit $4 a gallon for the first time in Rhode Island this weekend, and it ...
Posted in Business, Economy, Government, Housing, Travel, U.S. News | No Comments »
Thursday, May 22nd, 2008
The Providence Journal reports today that the City Council has asked all city departments to trim 10% off of their budgets versus the budget submitted by Mayor David Cicilline. The City Council believes that Cicilline's is a tad bit too optimistic with his budget. Now, I have no idea what ...
Posted in Economy, Government, Providence, Rhode Island | No Comments »
Saturday, May 3rd, 2008
It appears that Joe Q. Public isn't the only one being affected by the recent downturn in the economy. Apparantly, millionaires are feeling the pinch too. Some are even saying that they don't feel rich. Boo-hoo. Let's all shed a tear for the poor, poor millionaires who are obviously spending beyond their means.
Posted in Economy, U.S. News | No Comments »
Saturday, May 3rd, 2008
Straight out of the Providence Journal, it appears that Rhode Island is the only state in New England that is officially in a recession (at least according to some economists). Of course, anybody in Rhode Island could have told you that.
Thanks to our state's asinine tax laws that impede small ...
Posted in Business, Economy, Government, Rhode Island | No Comments »
Saturday, May 3rd, 2008
Is gas on its way to $10 a gallon?
Dan Dorfman of the NY Sun certainly thinks it's possible.
According to Alan Gaines and Sean Broderick, two leading forecasters of gasoline prices, the price of a barrell of oil could skyrocket to over $200 in the next two to three years. This ...
Posted in Business, Economy, U.S. News | 1 Comment »
