US Stocks Plunges as Recession Impends

US Stocks Plunges as Recession Impends

U.S. stocks dropped into the bear market as the economy seemed to take a hard landing, unable to escape recession.
Early this month, it was reported that 'Latinos suffered staggering job losses,' not to mention, being the hardest hit or most affected by the economic crisis brought by the pandemic.

Latinos Currently Have the Highest Unemployment Rate in the US amidst Recession

Latinos, at 18 percent, now have the highest unemployment rate in the United States while the rate for the jobless in the whole country is at 14.7 percent, a number that's been unseen since the Great Depression.
A board at the New York Stock Exchange shows state of the market as markets continue to react to the coronavirus disease (COVID-19) inside of the NYSE in New York

COVID-19 Recession: What Will Happen If the US Economy Fails?

One of the most significant financial disasters of the world happened when the US stock market crashed in 1929. The event is known throughout history as 'The Great Depression.'

Businesses That Perform Well During Economic Recessions

Is your business thriving right now?

Obama Job Approval Rating: Few New York Latinos Rate President 'Excellent,' Majority Believe State Is in Recession

The latest Marist College Institute for Public Opinion poll revealed 25 percent of New York's Latinos said President Obama has done a "good" job.

Latinos 'Deeply Impacted' by Recession But Remain Optimistic About 'American Dream'

The Latino unemployment rate is 7.8 percent in the U.S., based on July's report from the Department of Labor, but despite the rate's increase, Latinos remain optimistic about their economic future.

Quiznos Files For Protection From Bankruptcy: Why Restaurants Could Not Beat Subway, Panera

Quiznos, the popular toasted sub sandwich chain, has filed for protection from bankruptcy.

Christmas Lottery Brings Good Will & Cheer to Thousands in Recession-ridden Spain

¡Viva Santa Claus y la lotería! Good ol' San Nicolás came a little early this Christmas in Spain, dispersing $3.4 billion-dollar joy to many in a country that has been suffering from an economic crisis and an unemployment rate over 25 percent.

4 out of 5: Poverty in America - Unemployment and Hunger Faces 80 Percent of US

Eighty percent of U.S. adults confront poverty, joblessness or a dependence on welfare at least once in their lives, according to recent survey conducted by the Associated Press.
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