May 14, 2009
Worries increase as retail sales continue to fall.
Wired PR News – A second consecutive month of falling retail sales has led to increased worries about the recession. As reported by the Associated Press (AP), consumer spending was shown to still be down after reports on retail sales for the month of April reveal decreases for […]
March 24, 2009
Santa Cruz, CA (WiredPRNews.com) – Today’s families are attempting to save on household expenses more and more each day as they struggle with today’s economy. Everything from laundry detergent to utility bills, family consumers are working to alleviate the strain on their personal finances while maintaining their current level of comfort. This has proven not to […]
March 13, 2009
The President signed the controversial measure on Wednesday.
Wired PR News – President Barack Obama privately signed the recently approved by Congress $410 billion spending bill on Wednesday. As reported by the Associated Press (AP), Obama defended highly criticized pet projects contained in the measure, quoted as stating in the report, “Done right, earmarks have given […]
March 12, 2009
Congress voted to approve a massive spending bill on Tuesday.
Wired PR News – The Senate voted on Tuesday to approve a spending measure that will provide additional aid to fund programs related to energy research, food assistance, and other projects. As reported by the Associated Press (AP), Congress granted their approval for a $410 billion […]
March 3, 2009
Governor Jindal defends his highly criticized GOP response to Obama’s Congressional address.
WiredPRNews.com – In the week following his GOP response to President Barack Obama’s speech to Congress, Louisiana Governor Bobby Jindal sought to defend his message after receiving widespread criticism. As reported by the Associated Press (AP), Jindal stated on Monday, “Look, I get that […]
February 23, 2009
A former Secret Service agent is chosen to lead stimulus oversight panel.
WiredPRNews – A former agent with the Secret Service has been chosen as head of a board formed to oversee the management of the economic stimulus plan. As reported by the Associated Press (AP), Earl Devaney has been tapped as chair of the Recovery […]
February 18, 2009
The President is set to sign the recently passed stimulus bill into law today.
Wired PR News.com – Obama is set to sign into law a massive stimulus plan Tuesday that many believe is a first important step towards significantly changing the country’s economic circumstances for the better. As reported by the Associated Press (AP), President […]
February 11, 2009
Obama’s economic recovery plan has met Senate approval.
WiredPRNews.com – The Senate has passed President Barack Obama’s plan for economic recovery. As reported by the Associated Press (AP), the bill met the Senate’s approval by a 61-37 vote on Tuesday, with only three Republicans voting in favor of the measure. Returning for the first time to […]
February 6, 2009
Stocks fall Wednesday amidst fears about companies typically deemed safe.
Wired PR News.com – Investor fears have reached new levels as stocks tumble amidst concerns over companies that are normally viewed as safe. As reported by the Associated Press (AP), Wall Street took a significant loss on Wednesday as the numbers revealed a possible much higher […]
February 3, 2009
Consumer spending reaches new lows pulling the economy into deeper recession.
Wired PR News.com – Consumer spending has continued to drop as the economy digs deeper into financial distress. As reported by the Associated Press (AP), consumer spending reached unprecedented levels in December with six consecutive declines as companies continue to announce mass layoffs.
Consumer spending is […]
