The Washington Independent

Posts Tagged slowdown

Bush Legacy Watch

By | 01.01.09 | 9:53 am

The New York Times takes stock of the economy’s dreadful year:

In a mere 12 months, the Dow Jones industrial average plunged 4,488.43 points, or 33.8 percent, its most punishing loss since 1931. Blue chips like Bank of America, More…

Hard Times Hit the Blackjack Table

By | 12.30.08 | 8:20 am

We were talking Monday about the unexpected effects of the foreclosure crisis, like skateboarders in California taking advantage of empty swimming pools behind vacant homes to practice their craft. Here’s another: Gambling is falling in popularity as more people choose instead to pay their bills, Bloomberg reports. That More…