economic downturn

Weekly Round Up

by Erik on July 3, 2009

in Alternative Energy,Asia,Business Logic,Economy,Green Tech,IBM,Jobs,Markets,New Tech,Obama,Recession,Technology,Unemployment,Weekly Roundup

For Modest Earners, Relief Repaying Student Loans – Repaying a student loan could soon be a little less painful. Starting this week, anyone with a federal student loan can apply for a program, run by the Department of Education, that caps monthly payments based on income, and forgives remaining balances after 25 years. Those choosing [...]

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Most U.S. Stocks Gain as Technology Rally Offset Consumer Slump

by Erik on June 9, 2009

in Recession,Stock Market,Technology

“We experienced in the last three months one of the nicest rallies in Wall Street history, and now we’re seeing the reasons why,” said Robert Lutts, president of Cabot Money Management in Salem, Massachusetts. “Texas Instruments and others are bumping up guidance nicely, and many companies that reported very negative consumer reactions are pulling that [...]

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