Meal Assembly Watch

Normally saving money is a good thing, but right now, it could be the death of the economy. A troubling paradox. It can certainly be said that many people hit the retail stores for Christmas, the reality of a long year ahead may be put on the brakes for leisure spending in the months to [...]

Looks like a whole slew of retailers are going to face some uncertain times in the first part of 2009. Tens of thousands of stores are expected to close and several large retails are filing for bankruptcy protection.
Dec. 29 (Bloomberg) — U.S. retailers face a wave of store closings, bankruptcies and takeovers starting next month [...]

WASHINGTON - A record one in 10 American homeowners with a mortgage were either at least a month behind on their payments or in foreclosure at the end of September as the source of housing market pressure shifted to the crumbling U.S. economy.

The Mortgage Bankers Association said Friday the percentage of loans at least a [...]

These numbers are just staggering!
WASHINGTON - Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession.
The new figures, released by the Labor Department Friday, showed the crucial employment market deteriorating at an alarmingly rapid clip, and handed [...]

Well this certainly doesn’t instill confidence in the upcoming year. And this is before Citi adds an additional 50k+ workers to the unemployment tally, not to mention the tech companies who will add another 10k+ on their own.
NEW YORK (CNNMoney.com) — State unemployment insurance trust funds are rapidly running out of money amid soaring job [...]