Recently in Economy-National Category
Leaders of Several New Hampshire Groups call on Senator Shaheen to oppose energy tax increases on New Hampshire Families to the tune of $1,600.00
Click here for more.....
“My concern is for the owner and all the employees and the managers and everyone I know. It's very unfortunate when something like that happens." Peter Brothers, Chair, Meredith Board of Selectmen
By JOHN KOZIOL
jkoziol@citizen.com
The Citizen Tuesday, February 3, 2009
Citing the poor economy and increased local competition, the Avedisian family has decided to close the
The store's 45 full- and part-time employees were informed of the decision last Friday and on Monday Jackson's Star began an inventory-reduction sale that will last until the inventory is gone, after which the doors will be closed for good, said Suren Avedisian.....
By TIM GRANT
Pittsburgh Post-Gazette
Sunday, Jul. 20, 2008
These are tough economic times for people of all ages, but few are affected more than senior citizens living on pensions and Social Security, and juggling medical bills, credit card payments and mortgages along with soaring food and gas costs.
Americans age 55 or older experienced the sharpest rise in bankruptcy filings during the 16-year period between 1991 and 2007, according to a report released by AARP, "Generations of Struggle." The rate of personal bankruptcy filings among those ages 65 or older grew by 125 percent, while the bankruptcy rate of seniors ages 75 to 84 jumped a stunning 433.3 percent.
"It's frightening. It's a horror story in the making. It will not get better. It will continue to get worse," said Thomas Mackell, chairman of the board of directors of the Federal Reserve Bank of
