Nearly 15 million children, or 20 percent of America's juvenile population, were living in poverty in 2009, according to a child welfare study released Wednesday.More than double that number were in households where no parent had a full-time year-round job, according to the report by the Annie E.
President Barack Obama's Midwestern bus tour will focus on job creation and restoring confidence, but the Federal Reserve doesn't seem very confident about the future.Last week, the Fed committed to near-zero interest rates until 2013, indicating that the Fed board isn't anticipating much growth in
This past week the stock market took a serious nose-dive, the Dow Jones Industrial Average dropped 500 points on Thursday. As a result, investors across the board have been flocking to safer investments.
The turmoil on Wall Street threatens to wreak financial havoc on a lot of people and institutions — including the country's 1.2 million nonprofits. Charities of all sizes are only beginning to recover from the recession.
Three years ago, the global economy was brought to the brink by a near meltdown of the international banking system. Now we're in trouble again, but this time our economic woes stem largely from the actions of governments.