The recession has slashed U.S. output of planet warming gases and puts the country on track to reach President Barack Obama's short-term emissions goal, but cutting the pollution further will take more effort as the economy recovers.
U.S. Recession Puts warming gases output Halfway to Emissions Goal
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US Economy Recovered in Q3, Resulting the End of Recession
The economy grew in the third quarter for the first time in a year as consumer spending and investment in new home-building rebounded, data showed on Thursday, unofficially ending the worst recession in 70 years.
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US Economy improving continuously resulting in more Job Offers
It seems finally that we are overcoming the recession as more and more U.S. based companies plan to offer more jobs. The companies have started investing more and more as the market condition improves.
Read more »World's biggest truck factory suffered terrible losses by Recession
The Russian car industry has suffered terrible losses in the economic crisis, with sales down 52 per cent compared with this time last year.
Read more »The great Recession is over, says National Association of Business Executives
According to NABE President Elect, Lynn Reaser, “the great recession is over.” This announcement follows on the heels of FOMC chairman Ben Bernanke’s announcement on September 18th that the recession is over.
Read more »Grocery Auctions Offer Deals During Recession
Mary Bubala reports as consumers seek relief from the recession and spiraling food prices, grocery auctions are gaining popularity as an easy way to cut costs.At least one Maryland auction house is getting in on the trend. The Chesapeake Marketplace in Calvert County, which is about an hour-and- a-half away from Baltimore, is holding a grocery auction on Saturday, May 30.
Read more »Google: The Recession Takes Its Toll
Even Google can't escape the recession. With its first-quarter results on Apr. 16, the leader in Web search revealed its first quarter-on-quarter decline in sales, reflecting cutbacks in online ad spending. Thanks to cost cutting, Google (GOOG) handily beat profit expectations, but it offered no assurance that overall business conditions would turn around anytime soon.
Read more »Wall Street loses 3,100 jobs in March
Wall Street shed 3,100 workers in March, shrinking New York City's most important generator of jobs to just 169,200 people, the state's Department of Labor reported on Thursday.
Read more »Obama promise a Solid Economic Growth
Turning more upbeat, President Barack Obama said yesterday that his administration is working to create a "post-bubble" model for solid economic growth once the recession ends. He said that means the days of overheated housing markets and "people maxing out on their credit cards" are over.
Read more »Current Drop in Gold Prices Temporary
On March 3rd Gold fell for the eighth straight day, in its longest consecutive drop since June 2006. This is thought to be for several reasons. The first reason is that government efforts to stimulate the economy reduced fears of a worsening recession, thereby reducing demand for gold as a safe haven.
