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Editor’s note: Northeastern Pennsylvania wasn’t immune to the economic slowdown of 2009 or to the disruptions in iconic corporations like General Motors. But unlike in past recessions, the region fared better than many other parts of the United States, at least in broad measures of economic health such as unemployment, foreclosures and property values.
So 2009 is winding down and that means you’ll need a new calendar. Why buy one when there are a variety of freebies out there for the taking?
If, as some have suggested, we just lived through an economic and financial calamity like no other since the Great Depression, 2009 also contained hints of what’s to come, both locally and for the nation. Here are a few observations from beyond the Beltway and Wall Street:
BOSTON — A Hummer, a 1957 hot rod, a comfortable house in a gated community — if Bob Vigliotti wanted something, he bought it. Cash or credit didn’t matter. As a successful commercial real estate developer from Naples, Fla., he could afford it. Until he couldn’t.
SAN MATEO, Calif. — Four years ago, Omar Hamoui was just another ineffectual entrepreneur trying to spruce up his resume in graduate school.
Two House Democrats who favor a government insurance plan, a central element of health care legislation passed in their chamber, acknowledged Sunday it might have to be sacrificed as negotiators work out a final agreement with the Senate.
Rep. James Clyburn of South Carolina, the No. 3 Democrat in the House and one who had appealed to
With hard times in the auto industry and car dealerships closing around the country, the gleaming showrooms that once featured next year's models are becoming this year's new store, restaurant, school, day care center or yoga studio.
In Lane County, Ore., Joe Softich from Catholic Community Services helps erect shelves and unload boxe
Two weekend security incidents aren't expected to have much effect on airline stocks. Investors instead are likely to focus on an improving economy when trading resumes Monday.
A failed attack on a Northwest flight Christmas Day and another incident on the same flight Sunday may set travelers on edge, but investors Monday are expected
New uses for auto showrooms can be traced, in part, to a steady decline in the number of franchised new car dealerships in the U.S. The number of new car dealerships open at the start of these years:
1970: 30,800
1980: 27,900
1990: 24,825
2000: 22,250
2005: 21,650
2008: 20,770
Percy Sutton, the pioneering civil rights attorney who represented Malcolm X before launching successful careers as a political power broker and media mogul, has died. He was 89 ...
The last thing the Toronto Maple Leafs wanted to do was go to overtime. Ian White made sure they didn't have to.
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