Since President Donald Trump unveiled his controversial tariff plan on April 2, fears of a recession and global market disruption has spread across the nation. Here are things you can do to protect yourself.
Determine how much you can afford to contribute to a savings account each month.
Something about the thought of a man who refuses to assist in financially supporting his family, especially for 15 years straight, leaves me somewhat perplexed
by Alexander Cain As we quickly approach New Year’s Day, there is no better time to reflect back on this current year and start making plans to tackle on the New Year. The main focus of this year was the anxiety of the economy. While the economy is showing signs of recovery, the road to […]
(Rolling Out) — The recession continues to affect millions of Americans in every income bracket. In 2010, several notable hip-hop artists were hit hard by the recession. Platinum-selling rap artist Trick Daddy is the latest hip-hop star to experience financial difficulties. According to reports, Trick Daddy owes the IRS over $157,000 in back taxes. In […]
by Alexander Cain With many television outlets focusing on the racial and ethnic impact of the recession, few people have insight on how the economic slowdown has affected American males. A recent Bank of America research report reveals that while all Americans are suffering through this recession, males are recovering significantly slower than their female […]
(Washington Examiner) — More than two-thirds of Washington’s Capitol Riverfront neighborhood near Nationals Park has yet to be developed two years after the park opened, as officials say the recession put a stranglehold on development. But those officials said Tuesday that better days are ahead. “Our existing development only comprises 30 percent of our ultimate […]
(AP) — A strong start to the holiday season is raising confidence that the consumer is back and that 2011 could be a better year for the economy than expected. Retail sales are rising, boosted by the best month for department stores in two years. Inflation remains tame. Businesses are restocking their shelves in anticipation […]
(Daily Finance) — As the year winds down and December’s holidays fast approach, many Americans’ attention naturally shifts away from the workplace to more personal matters. But with the nation enduring its second consecutive holiday season of around 10% unemployment, lots of people, especially those looking for work, are eager to see the nation’s jobless […]
(Politico) — As a whole, the Congressional Black Caucus is against the deal the president cut with Republicans on taxes. But it’s becoming more clear that’s a consensus position, not a unanimous one. Citing the needs of impoverished, unemployed and foreclosed-upon folks in his Philadelphia district, Democratic Rep. Chaka Fattah announced his backing of the […]
(Wall Street Journal) — President Barack Obama will convene a one-day summit of corporate chief executives Wednesday as part of a renewed White House effort to build support among business leaders for his economic agenda. Chief executives from Google Inc., Cisco Systems Inc., International Business Machines Corp., American Express Co., Dow Chemical Co. and Pepsico […]