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U.S. Economy May Lose 824,000 Jobs on Employment Data Revision: Analysis

by on February 3, 2010

Feb. 3 (Bloomberg Multimedia) — The U.S. may lose 824,000 jobs when the government releases its annual revision to employment data on Feb. 5, showing the labor market was in worse shape during the recession than known at the time. Click here for a Bloomberg Multimedia interactive visual analysis of the economy’s job losses. # # -0- Feb/03/2010 11:06 GMT

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U.S. Economy May Lose 824,000 Jobs on Employment Data Revision: Analysis

Movie Gallery Files Bankruptcy, Closing 800+ Stores

by on February 2, 2010

Late Tuesday night, the country’s second largest movie rental chain, Movie Gallery, brought to fruition circulating rumors that it would file Chapter 11. Like most retailers, Movie Gallery was hit hard from lack of consumer demand during the recession…

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Movie Gallery Files Bankruptcy, Closing 800+ Stores

IFC Partners With Varde To Clean Up Bad Assets In Central, Eastern Europe

January 22, 2010

crisis by addressing the problem of bad debts and troubled assets. The co-investment strategy forms part of the Debt and Asset Recovery Program launched by IFC during the 2009 World Bank Group’s annual meetings in October. This program supports real

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Trans World Entertainment Closing 161 Stores Through January

January 7, 2010

Trans World Entertainment Corp. continues to whittle down its store fleet. By the end of its fiscal year (the end of this January), Transworld expects to have closed 161 stores during the prior 12 months, according to the Albany Business Review. This…

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Shopping Center Receiverships and Foreclosures Usher In New Year

January 6, 2010

The retail real estate industry was jarred over the recent string of receivership and foreclosure news involving major shopping centers — which was unsettling at a time when the industry was hoping for positive news on consumer spending during the recent…

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Hatoyama Proposes Record Japan Budget for 2010, Deepening Deficit …

December 27, 2009

News Search Results for Distressed Commercial Real Estate : The outlook was grim, but our worst fears were not realized: The economy did not collapse during the year that wasn’t Armageddon. See the original post: 2009: The year that [. …

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2009: The year that wasn’t a disaster (The Record and Herald News)

December 27, 2009

The outlook was grim, but our worst fears were not realized: The economy did not collapse during the year that wasn’t Armageddon.

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Krugman: 'Reasonably High Chance' Economy Will Contract Next Year …

December 27, 2009

News Search Results for Distressed Commercial Real Estate : The outlook was grim, but our worst fears were not realized: The economy did not collapse during the year that wasn’t Armageddon. See the original post: 2009: The year that [. …

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Krugman: 'Reasonably High Chance' Economy Will Contract Next Year …

December 27, 2009

News Search Results for Distressed Commercial Real Estate : The outlook was grim, but our worst fears were not realized: The economy did not collapse during the year that wasn’t Armageddon. See the original post: 2009: The year that [. …

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Krugman: 'Reasonably High Chance' Economy Will Contract Next Year …

December 27, 2009

Distressed Commercial Real Estate – Google Blog Search : News Search Results for Distressed Commercial Real Estate : The outlook was grim, but our worst fears were not realized: The economy did not collapse during the year that wasn’t …

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Video: Laurie Schacht Discusses Top Toys for Holiday Season: Video

November 27, 2009

Nov. 27 (Bloomberg) — Laurie Schacht, co-publisher of “The Toy Insider,” talks with Bloomberg’s Jon Erlichman about the outlook for popular toys during the 2009 holiday shopping season. (Source: Bloomberg)

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Video: Harrison Sees Improvement in Consumer Optimism, Spending: Video

November 27, 2009

Nov. 27 (Bloomberg) — Gilbert Harrison, chief executive officer of Financo Inc., talks with Bloomberg’s Erik Schatzker about the outlook for U.S. consumer spending during the holiday shopping season. Harrison also discusses retailers’ strategy on Black Friday, the traditional beginning of holiday buying. (Source: Bloomberg)

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Video: Harrison Sees Improvement in Consumer Optimism, Spending: Video

November 27, 2009

Nov. 27 (Bloomberg) — Gilbert Harrison, chief executive officer of Financo Inc., talks with Bloomberg’s Erik Schatzker about the outlook for U.S. consumer spending during the holiday shopping season. Harrison also discusses retailers’ strategy on Black Friday, the traditional beginning of holiday buying. (Source: Bloomberg)

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Realtors See Real Estate Challenges, Opportunities on the Road Ahead

November 12, 2009

As real estate continues its tenuous recovery, Realtors stand ready to meet the challenges still ahead as they Chart a Winning Course during the 2009 REALTORS Conference & Expo this week. After

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Video: Baily Says Unemployment Likely to Stay High Most of 2010: Video

November 6, 2009

Nov. 5 (Bloomberg) — Martin Baily, a senior fellow at the Brookings Institution and former chairman of the Council of Economic Advisers during the Clinton Administration, talks with Bloomberg’s Matt Miller, Carol Massar and Michael McKee about the outlook for the U.S. labor market. Payrolls fell by 190,000 last month, more than forecast by economists, a Labor Department report showed today in Washington. (Source: Bloomberg)

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FDI outflow from South Korea plummets in 2009

November 4, 2009

04 Nov 2009 The level of outgoing foreign direct investment in South Korea during the first nine months of 2009 dropped to nearly half of the amount seen the year before, according to official figur…

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America's Next Top Manufactured Home Lender by Josh Ladick …

November 2, 2009

The government banned Taylor, Bean & Whitaker from securing any more federally insured loans . HUD said Taylor failed to submit a required financial report, which raised fraud concerns. The company was also barred from issuing … Mobile homes have long been the first step toward homeownership for low-income Americans, and mortgage brokers are struggling to find new sources of funding from a pool of lenders that has shrunk dramatically during the past several years. …

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The Mess That Greenspan Made: No signs of life for LA commercial …

October 18, 2009

The exodus from office buildings that started in late 2007 accelerated during the third quarter as the anemic business climate took its toll on the real estate rental industry, according to the Cushman & Wakefield real estate brokerage. …

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PAREAL16 (The Tampa Tribune)

October 16, 2009

REAL ESTATE TRANSACTIONS The address shown is the property address listed by the buyer. Most of the sales took place during the past six weeks. This isn’t a complete list of real estate transactions. Sales are listed by city, in ascending value.

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The Truth About Distressed Properties

September 19, 2009

… The global economic recession has challenged real estate markets, shaving away years of appreciation while … an emergency exit that was available for distressed homeowners and investors during the boom years …

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Video: Bernanke Portfolio Takes A Hit

July 31, 2009

Federal Reserve Chairman Ben Bernanke’s assets falls during the year. (Bloomberg News)

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State Tax Revenues At Record Low: Report

July 18, 2009

The anemic economy decimated state tax collections during the first three months of the year, according to a report released Friday by the Rockefeller Institute of Government. The drop in revenues was the steepest in the 46 years that quarterly data has been available.

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China fund looks abroad for private equity boost

May 18, 2009

China’s national pension fund is seeking approval to allocate money to overseas private equity firms for the first time as new research shows that Asian buyout groups are struggling to invest locally during the downturn.

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