Who is Timothy Geithner?
President-elect Barack Obama’s pick for Treasury secretary is relatively young, largely unknown and a proud workaholic.
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President-elect Barack Obama’s pick for Treasury secretary is relatively young, largely unknown and a proud workaholic.
This Economic Downturn Affects Everyone
There is no recession at the top. The idea that making only top of the line products protects a manufacturer from the larger negative effects of economic downturns is not proving to be true in this time of economic uncertainty.
Harvey Shaw’s plans to move out of his parents’ house, finally, have been derailed. With a high school degree obtained belatedly at 21, he had held a full-time job for 26 months as a detailer at a car dealership here, sprucing up new and used cars.
Online retailers expect sales growth to slow this holiday season from recent years, but more than half those surveyed by an industry group anticipate ringing up at least a 15% increase from last year.
"Online retailers are resilient when it comes to the economy, but they're not immune," said Scott Silverman, executive director of Shop.org, a unit of the National Retail Federation. He attributed the slower growth partly to the maturation of the online market. "It's challenging to keep up those really high growth rates."
Glam Media, the always interesting womens network (and now men’s network) is back in the news this morning.
Glam is both a direct publisher of content and an advertising network. A big part of their business model is float management - making sure that they collect money before they pay it out to partners. If they pay too soon, they could get hit with bad debt when advertisers don’t pay. Pay later, and they keep the interest they earn on partner money.

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It's official -- the global economy has kerploded. For the aspiring entrepreneur this means networking is now paramount. Forget about working on your golf game and handshake. It's time to overhaul your business card.
Three weeks before the election, Republicans are growing increasingly concerned about John McCain's ability to mount a comeback, questioning his tactics and even his campaign's main thrust in a White House race increasingly focused on economic turmoil.
Two common barriers for people who want to exercise and get in shape are a lack of time and money needed for fitness.

Details on your rights and obligations when your bank goes UNDER.
May 13, 2008, Senator Richard Durbin (D-IL) announced, "We can't drill our way out of this." This was his response to pressure on legislators to increase oil drilling and exploration to help elevate high gas prices. To the best of my knowledge, this is the first time this phrase was picked up by the mainstream media.