School districts have imposed all sorts of drastic cuts to save money during the down economy, canceling field trips and making parents pay for everything from tissues to sports transportation. Read more » More Mind and Money Stories
'I never thought I'd be in this situation'For Lee Somerstein, it's been a rough road to the corner of Madison and Fourth. Somerstein is usually the one selling stories, but these days, he's selling resumes on the street. Read more »
Slowly, Americans are regaining their lost wealthHousehold net worth rose last quarter, mainly because the healing economy boosted stock portfolios. But the gain was slight. And it was less than in the previous two quarters. Read more »
Employers vs. consumers: Who will blink first?Each side - employers on one, consumers on the other - is waiting for the other to spend more. Until then, the recovery will likely feel shaky. And job openings will be few. Read more »
Recession-slammed restaurants slashing staffThe Washington Restaurant Association says a spot check of its members finds that many are hurting from the recession. The association surveyed members in January and found that 82 percent expect to cut jobs or have a reduced staff in the next year. Read more »
Mixed blessing: Credit card reform may shock someYour next credit card statement is going to contain an ugly truth: how much that card really costs to use. "Jaws will drop," said David Robertson, publisher of The Nilson Report, a newsletter that tracks the industry. Read more » |
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