recession

Why More People May Sell Their Gold for Cash

More people have been selling their gold jewelry in the past year, many to cover expenses, others to just to take advantage of record high prices. Prices have dipped a bit from their recent highs, but expect more people to sell in the months ahead, and expect the prices to rise again.

The Mall-ification of the American Church

A third of America's indoor malls are currently in financial distress as retailers vacate for trendier shopping areas. But a surprising new breed of tenant is stepping in to fill that vacant retail space: churches.

3 Signs We're Heading for a Recession

Zero jobs were created in August. Does that, by itself, augur another recession? Not necessarily -- but add the state of consumer confidence, and top it off with Wall Street skittishness, and all signs point to trouble ahead. Government economists, however, are predicting growth. Here's why they may be wrong.

GM On Track to Be August's Car Sales Winner

GM is expected to show a sales increase of 15.3% from a year ago when it posts August numbers later this week, according to auto industry research firm Edmunds. That would be an improvement of 30,000 cars and light trucks and would eclipse the unit gains of its smaller rivals.

Other Countries That Should Be Downgraded

As for downgrades, is the worst over for America? Standard & Poor's managing director John Chambers said just Sunday that another U.S. downgrade can't necessarily be ruled out. 24/7 Wall St. says the U.S. isn't the only country that should put on the watch list.

How to Survive the Stock Market's Wild Ride

The stock-market roller coaster of the last couple of weeks -- culminating with Thursday's 500-point plunge on the Dow -- has been enough to make even the most stoic investors sweat. Experts offer opinions on how you can turn uncertainty into opportunity.

'Wall Street Wives' Gets Down to Business with Auditions

Devon Fleming's casting call for her planned reality TV series, "Wall Street Wives," attracted the media attention that producers relish, and hundreds of women responded. She allowed The Price of Fame to attend a recent audition, where we got a glimpse of the sort of drama the show might deliver.

Great Recession Created a Historic Racial Wealth Gap

The twin demons of the housing market crash and the Great Recession have created historic wealth gaps among racial groups in America: The median wealth of white households is 20 times that of black households, and 18 times that of Hispanic households. The main culprit in minority wealth loss? The housing bust.

Gas Prices Creep Up as Oil Hits $100

WTI crude oil hit $100 a barrel briefly Thursday, a rise at partly attributed to an apparent settlement for the Greece debt crisis. The price of gasoline usually lags the price of oil, so if that pattern holds, consumers can expect higher gas prices soon -- unless certain other factors come into play.

'Divorce Starts': A Leading Indicator for Home Sales?

While not everyone whose marriage ends rushes out to break ground on a new home, some real estate agents say divorcing spouses make up at least a third of their clients. With the economy impacting divorce trends and marital splits pushing spending trends, should economists be watching divorce rates when they chart the economic outlook?

Tattoos: An Oddly Recession-Proof Industry

The weak economy is affecting most businesses, but not tattoo parlors. Even in bad times, people will splurge on body art. And for those who later elect to have them removed, it's often a tattoo business that lasers away the ink. DailyFinance's Loren Berlin visited Tattoo Lou's to check out the state of this colorful industry.

5 Dividend Stocks You Can Rely on in a Slow Economy

Companies with strong balance sheets and high dividends will be among the few safe investment harbors if the economy continues to cool -- and given today's conditions, it's hard to imagine how the recent stock market rally could last much longer. Here are five dividend stocks that should keep paying strong returns.

The Financial Landscape: Is Italy the Next Greece?

As the eurozone sovereign debt crisis continues, focus is shifting to Italy as the next potential victim. But for worries closer to home, consider this: $37 billion in U.S. government benefits designed to help people through the downturn will expire by the end of 2011, leaving a hole twice that size in the economy.

Voodoo Economics: Mystical Methods to Attract Money

With millions of Americans near the end of their financial ropes, some may wonder if it's time to try some unconventional methods for turning their fortunes around. Magic. Feng Shui. Or even good old-fashioned prayer. Without judgment or endorsement, we explored some of the occult options.

The Texas Surge: Is America Headed South?

For more than two centuries, the Census Bureau has plotted America's population center, mapping a steady progression of westward and southward growth. With a boom in Texas and busts on the coasts sending the center South, what does the new center say about the nation's future?

Job Concerns Soar Among Employed, Unemployed

Employee concerns about layoffs have moved sharply higher according to a new survey by online jobs company Glassdoor. The percentage of those who are worried rose sharply to 22% in the second quarter, the highest that statistic has been since the third quarter of 2009, in the heart of the recession.

Vacations at Risk for 45% of Americans

A growing inclination among Americans to change their vacation plans shows that the slowing economy is taking a toll on consumer confidence. A new survey found that 45% of workers who have taken or plan to take a vacation this summer "would reduce or cancel their plans to save money if the economy continues its volatility."

Made in America Leaders That Make a Real Difference

How many problems with the U.S. economy would be solved if more people bought American, and if more companies would were willing to help them do so by manufacturing here? Joel Joseph of the Made in the USA Foundation thinks it would help plenty, and he's honoring companies that have taken the lead.

Gas Prices: Down Lately, But Up 30% From 2010

Most of the media coverage about gas prices lately is focused on the fact that they've fallen from an average of $3.98 to $3.58 in about two months. What's rarely mentioned is that the cost per gallon is still 30% higher than it was this time last year, when a gallon cost $2.75.

How to Prep for a (Possible) Double-Dip Recession

Is America headed for the Great Recession, part two? The talking heads are still in heated debate on the issue. But for those of us who aren't pundits, there's a more important question: What should we be doing now, just in case economic lightning does strike twice?

Could This Be the Cure for Walmart's Dollar Store Blues?

Since the Great Recession began, Walmart has been facing heavy competition from dollar stores. In response, it recently opened the first of many Walmart Express stores. Trefis explores what effect these new smaller stores will have on the future value of the the world's largest retailer.

Poll: Nearly Half of Americans Fear Depression Is LIkely

Despite rosy financial forecasts made by economists this spring, our fears that the nation is about to sink into another depression are reaching depressing extremes. A new CNN poll reveals that nearly half of Americans believe a 1930s-scale depression is possible within the next 12 months.

Now Is the Best Time in Years to Sell Your Used Car

Used vehicle prices are at 16-year highs, making it as good a time as there's been in a while to sell your car. Here are a few things to keep in mind if you're selling, as well as some savvy moves for landing your next vehicle in today's complicated car market.

Recession Sobers Once Spendthrift Teens

Guess what the recession hath wrought: A little teen sobriety. According to the just-released 2011 Teens & Money Survey from Charles Schwab, nine out of 10 teens say they were "affected by the recession," causing major shifts in perspective that include a greater appreciation for what they have and an increased awareness of financial hardship.

Austerity Means a Cloudier Forecast for LDK Solar

LDK Solar has long depended on demand driven by government subsidies from countries such as Germany, Spain and Italy, which makes it vulnerable in this period of European austerity. Trefis has revised its estimates for LDK Solar down -- but still meaningfully above the market price.

In Tough Times, Americans Are Really Hitting the Sauce

Since the economy went bland, Americans have been trying to spice things up at home, and they're pouring on a lot of sauce to do it. Sales of cooking sauces have risen 20% between 2005 and 2010, according to a new report from market research firm Mintel.

Does Return of Private Jets Mean Recovery Is Here?

After years of growth, private business aviation went into a steep nosedive in 2008. Over the past year, the industry has made a comeback, but does its double-digit growth signal a sunny future for the aircraft industry alone, or is it a sign of brighter days ahead for the economy in general?

Why Trefis Thinks DuPont Stock Is Undervalued

DuPont is a major player in the high-performance materials, chemicals, coatings and agricultural products businesses -- all of which are likely to improve as the global economy recovers. It's also investing heavily in emerging markets such as China, which will give it new engines for growth.

Why Young Workers Want a Good Old-Fashioned Pension

The conventional wisdom is that young people today expect they'll change employers repeatedly, and thus don't really care about pensions. But it turns out the conventional wisdom is wrong. With 401(k)s looking less secure, a defined-benefit plan is a real lure for younger workers.

Three Old Reliable Stocks to Buy for the Long Haul

The short-term investors may account for most of the daily trading volume in stock markets, but slow and steady usually wins the investment race. The trick is to identify stocks likely to perform well over periods of years -- or even decades. Here are three strong options: