Archive for economy

Nadya ‘Octomom’ Suleman back on welfare

Monday, January 7th, 2013

Nadya Suleman aka Octomom, notorious womb incubator and mother of 14, is back on the government dole after a failed attempt at a career in pornography. Suleman had a rough year last year, after losing her California home to foreclosure, addressing allegations of abuse from her former nannies and hairdresser while also entering into a ... read more »

Hostess Twinkies, RIP

Friday, November 16th, 2012

Hostess Brands, Inc., the largest wholesale baker in the U.S., has announced on Friday that they are shuttering their bakery business. The producers and distributors of such iconic baked goods such as Twinkies, Wonder Bread, Ding-Dongs, Zingers and cupcakes announced they will be auctioning off their various brands after they refused to meet the demands of ... read more »

What the value of Facebook tells us about America

Saturday, May 19th, 2012

In places like Davos, Switzerland, where the power brokers of the world meet each year at the World Economic Forum, recent conversation has been about the economic decline of America. But, according to Daniel Gross, the launch of Facebook on the New York Stock Exchange yesterday (May 18) is testimony to the fact that some ... read more »

Corn shortage could affect your wallet in the coming year

Friday, April 13th, 2012

Midwest farmers are running risks as they head to the fields this week to plant corn due to the earliest spring many of them have ever seen. The weather could still change on them and kill their crops with late frosts or spring floods which will mean they face a seed shortage. The U.S. is ... read more »

Gold value declines as economy makes slow recovery

Friday, March 23rd, 2012

For parents piling up gold investments into their kid’s college fund, they may want to consider diversifying. According to new numbers, gold appears to have peaked last September and continues to decline in value as our economy crawls towards a slow recovery. Over the last ten years, gold enjoyed a significant rise in value, increasing ... read more »

Teen applies for job at store he tried to rob only minutes before

Thursday, March 8th, 2012

A teenager in DeBary, Florida has been arrested for ‘attempted armed robbery’ after he went into an adult novelty store last night, took out a gun and asked the clerk to hand over her money. The clerk reportedly talked to 17-year-old, Cody Conner, for 20 minutes, trying to befriend him and talk him out of ... read more »

Obama moves G8 summit to Camp David

Tuesday, March 6th, 2012

In a White House statement dated March 5, 2012, The President announced “To facilitate a free-flowing discussion with our close G-8 partners, the President is inviting his fellow G-8 leaders to Camp David on May 18-19 for the G-8 Summit, which will address a broad range of economic, political and security issues.” The G6, as ... read more »

Obama’s one-term promise fails stress test

Thursday, February 2nd, 2012

“I will be held accountable. You know, I’ve got four years. … A year from now, I think people are gonna see that we’re starting to make some progress, but there’s still gonna be some pain out there. If I don’t this done in three years, then there’s gonna be a one-term proposition.” Barak Obama, ... read more »

Buffett secretary still talking point for Obama tax plans

Sunday, December 4th, 2011

Warren Buffett and Garrett Gruener have both made claims that they pay less in taxes. They say the government needs to increase the tax rate for millionaires. In Gruener’s case, he said in a L.A. Times article in 2010 that fluctuations in what he paid didn’t make any difference in “what I did with my ... read more »

Parents taking money troubles out on kids

Monday, September 19th, 2011

Parents seem to be taking out their money trouble frustrations in the form of abusing their children, according to a new study. The American Association of Pediatrics published the study in its recent journal, which analyzed reports of children suffering from “abusive head trauma” in hospitals in four states, including Kentucky, Ohio, Pennsylvania and Washington. ... read more »

Economy may be responsible for increase in diaper rash

Wednesday, September 14th, 2011

Home foreclosures, unemployment, falling stock prices–those are troubling enough, but now even babies aren’t safe from the depressing economic headlines. Advertising Age reports that babies may be suffering from more diaper rash in this down economy. The Centers for Disease Control reported that disposable diaper sales last year fell by 9%, while the number of babies ages 2 ... read more »

Current economy is literally making people sick

Tuesday, June 7th, 2011

As the recovery from the “Great recession” stumbles, many Americans continue to struggle in the face of slow job growth and falling home prices, and that’s taking a toll on their overall health and well being. A recent report by First Command Financial Services, a financial service provider, states that thirty-five percent of middle class ... read more »

Food prices expected to soar over the next 20 years, says charity

Tuesday, May 31st, 2011

An international charity located in the U.K., Oxfam, said that food prices over the next 20 years could easily double. The announcement was made today as an early warning to the potential devastation rising food prices could have on the already hundreds of millions hungry people worldwide. The organization warns that the cost of food ... read more »

Diaper cost rising

Wednesday, April 27th, 2011

In an economy that leaves new and upcoming parents weary and uncertain; wondering how they will effectively provide for their new arrivals, a new hit to their pocketbooks may be even more cause for anxiety. Soaring oil prices aren’t just affecting families budgets in the gas tank. Oil is refined into many daily products that ... read more »

Mom almost kills baby with diluted formula

Thursday, December 4th, 2008

A mother trying to make ends meet almost killed her infant when she diluted his baby formula with water. “If I would have known it was harmful I would have never done it,” says 23 year-old mother, Jeri Moss. She couldn’t afford baby formula so she relied on the government to help feed her five ... read more »