“Recession” on The Daily Caller

MADRID (AFP) – Spain announced Friday its jobless rate surged to a 13-year record above 20 percent at the end of 2010, the highest level in the industrialized world, as the economy struggled for air. (more)

NEW YORK (AP) — Companies added nearly 300,000 jobs in December, according to an unofficial count by a private payroll firm — more than in any month in the past decade. The news raised hopes that the government’s official report Friday on last month’s job creation could be a blockbuster. (more)

The budget crises that have nearly paralyzed states such as California and Illinois are likely to get worse, not better, in 2011 — despite the massive cuts that have already been made. (more)

Can lean times lead to wider waistlines? It appears so. If you are finding it harder to keep off the weight recently, it’s not just you or holiday parties that are to blame. The recession and its aftermath are making you fatter. (more)

President Obama’s deficit commission must appear on the national stage Wednesday and announce something: it may be a proposal approved by a majority of its 18 members, but most money is on an irresolvable split that makes a final product impossible. (more)

Sales of U.S. existing homes rose in September by the most on record, a sign cheaper borrowing costs are helping stabilize an industry that’s battling the headwinds of foreclosures and joblessness. (more)

Fannie Mae and Freddie Mac could cost taxpayers another $19 billion over the next three years, the bailed-out mortgage titans’ regulator said Thursday, but the total tab could nearly double if the U.S. economy slides back into a recession. (more)

While the recession has hit men far harder than women — so much so that some pundits have dubbed this economic downturn a “mancession” — the Obama administration is focusing on the struggles women are facing during these tough economic times. (more)

LAS VEGAS — There are many cities across the country that are beginning to see the first glimpses of the end of the recession. (more)

The Grundy family seemed to be headed down the conventional path followed by American families: Daughter goes to college, graduates, gets a job and her own apartment. (more)

WASHINGTON (AP) — It turns out the recession ended more than a year ago. (more)

For years the technology sector has been considered the most dynamic, promising and globally envied industry in the United States. It escaped the recession relatively unscathed, and profits this year have been soaring. (more)

White House press secretary Robert Gibbs signed up for a Twitter account in February, and since then has used the new medium to comment on current events, make announcements before the press is notified, and even break news. (more)

The wealthiest members of Congress grew richer in 2009 even as the economy struggled to recover from a deep recession. (more)

Nearly one in four American homeowners are now underwater on their mortgage. Richard Florida crunches the numbers to find the 20 cities with the biggest debt and housing problems. (more)

States across the USA are taking steps to deal with an armada of derelict boats abandoned by their owners in a tough economy: (more)

Michael Bennet, D-Colo,at a town hall meeting in Greeley last Saturday, Aug 21 said we had nothing to show for the debt incurred by the stimulus package and other expenditures calling the recession the worst since the Great Depression. (more)

Stocks declined, with the Standard & Poor’s 500 Index sliding to a five-week low, as speculation the economy may slip into another recession offset investor optimism amid more than $1 trillion in takeovers this year. Two-year Treasury notes climbed, while oil fell for a fourth day. (more)

Focus on the Family has cut its workforce by nearly half since 2002. (more)

Greece’s austerity drive may pass its first test this week as a European Union-led mission prepares to dole out more rescue funds for a government trying to cut the euro-region’s second-biggest budget gap and weather a recession. (more)