Amidst the global economic disaster, Singapore, who has been in its deepest recession since they achieved nationhood, has cut corporate taxes for the second time…
"Overall, we expect both the commercial and the consumer delinquencies to continue to get worse in 2009." CFO Keith Sherin said. In December the credit…
Fannie Mae, the mortgage-finance company now under direct Federal control, cut several hundred jobs today at its Washington headquarters as it adds workers elsewhere to…
Senator Charles Grassley, an Iowa Republican, has asked Microsoft about its plans to slash up to 5,000 jobs, urging the world's biggest software company to…
Weak December retail sales contributed to Florida's highest unemployment rate in more than 16 years, the state's labor agency reported today. And the worst is…
California's unemployment rate skyrocketed to 9.3% in December. The jobless rate announced today by the state Employment Development Department represents a 0.9 point jump from…
While Texas lost 25,700 jobs in December, Houston employment unexpectedly increased, with employers creating 57,300 new jobs compared to December 2007 -- a year-over-year increase…