Topic: Dennis Jacobe
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Two years after end of Great Recession, how are we doing?
The Great Recession officially ended in June 2009. That's apparent on Wall Street, less so on Main Street. But the economic recovery is gradually being felt in places like Poughkeepsie, N.Y.
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Gas prices nearing the point where Americans cut back
Gas prices hit a national average of $3.83 a gallon on Monday, according to AAA. Six states now have prices above $4 a gallon.
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Gas prices rise: Is Obama to blame?
Gas prices are 14 percent higher than a year ago, though US demand has risen only 0.7 percent. So what – or who – is driving up prices? The Heritage Foundation points a finger at Obama's environmental policies.
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Editorial Board Blog
Lack of consumer confidence? Lackluster spending is also due to a new frugality
Consumer confidence has dropped for the second month in a row. That doesn't bode well for consumer spending or a strong recovery. But what if part of the meager spending trend is because some consumers, such as yours truly, have gotten used to spending less and saving more?
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Cities' plea: We need $75 billion or we'll lay off 500,000
City and county officials said Tuesday that they will face massive layoffs unless Congress passes the $75 billion Local Jobs for America Act. But the bill's prospects look dim.
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Community bankers to Obama on TARP: Thanks, but no thanks
Community bankers say they have plenty of money now, and there isn't the demand for loans. TARP is an unpopular program that some in Congress would like to kill.
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Bailout aftermath: Obama proposes fee on big banks
To recoup taxpayer money used in the bailout of financial firms, Obama on Thursday outlined a fee that big banks would have to pay for 10 years or more.
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Five signs to measure economic recovery in 2010
Economic recovery in 2010 is likely to fall short on job growth. But higher jobless figures might not be a bad thing – if it signals people are looking for jobs again.
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Is the bull market back?
The stock market is roaring again and consumers are starting to feel better. One problem: they're still not ready to spend.
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Consumer spending up in June
If Americans continue reaching into their pocketbooks, back-to-school sales could be better than expected.
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Retail sales flag, as rising job losses make consumers wary
Spending in March slowed 1.1 percent, dashing hopes that a more confident US public would loosen household purse strings.
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A gallon of gas on track to stay below $3 this spring
With crude oil stocks high and gasoline demand low, US drivers may get a reprieve from the customary spring spike in gasoline prices this year.
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Might more stimulus be needed? Not yet, says Geithner.
The Obama team won't seek another spending jolt for the US economy, the Treasury secretary said Sunday, until it assesses effects of the first one.
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Jobless rate hits 8.5 percent, a 26-year high
The US has lost 2 million jobs this year, but some of the unemployment numbers could indicate that the recession is finally starting to bottom out.
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Signs of easing in US economic slide
Several indicators offer hope that the recession might be finally nearing the bottom.
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My thrifty Valentine: The thought counts even more this year
Americans plan to spend about 20 percent less on Valentine’s Day than in 2008.
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Will the stimulus bill boost public confidence?
Americans need a lift. A big spending package may provide at least a little one, pollsters say.
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The year of holiday thrift
More consumers than last year say they'll look for bargains. Thrift shops are in.
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Consumers close their wallets
Retail sales plunge a record 2.8 percent in October, suggesting a dismal outlook for holiday spending.
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Consumer spending drops record 2.8 percent
Even without plunging auto and gasoline sales, October's rate was still -0.5 percent – a gloomy sign for holiday shopping.
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Americans tightening belts
More consumers are trimming spending and debt because their net worth has fallen fast.
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Texas test case for candidates' energy plans
The candidates share many concerns, but have clear differences in approach, too.
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Texas test case for candidates' energy plans
The candidates share many concerns, but have clear differences in approach, too.
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Some relief as gas prices fall
Prices below $4 a gallon could help carmakers and back-to-school retailers.
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Gas prices fall below $4 a gallon
If the decline continues, it could buoy consumers, retailers, and carmakers.
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