Year: 2009

The Per Capita Growth of Breakfast is Largely Gone for the Near-Term

Feb. 9 (Bloomberg) — Wendy’s/Arby’s Group Inc. is trading French toast sticks for breakfast wraps. Starbucks Corp. is introducing its first value meals. Panera Corp. spent two years developing a new coffee blend. The restaurant chains are taking another run at more profitable morning meals as customers trim spending on lunch and dinner. Across the […]

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Paul Krugman: “On the Edge”

February 6, 2009 Op-Ed Columnist THE NEW YORK TIMES On the Edge By PAUL KRUGMAN A not-so-funny thing happened on the way to economic recovery. Over the last two weeks, what should have been a deadly serious debate about how to save an economy in desperate straits turned, instead, into hackneyed political theater, with Republicans […]

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Numerous Myths and Falsehoods Advanced by the Media in Their Coverage of the American Recovery and Reinvestment Act

Media Matters for America previously identified numerous myths and falsehoods advanced by the media in their coverage of the American Recovery and Reinvestment Act. As debate on the bill continues in Congress, other myths and falsehoods advanced by the media about the recovery package have risen to prominence. These myths and falsehoods include: the assertion […]

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98% of Cities in America Report Unemployment Rise

By David Goldman CNNMoney.com staff writer Feb 4, 2009 NEW YORK (CNNMoney.com) — In a sign that job losses are felt in every corner of the nation, unemployment rates rose in 98% of metropolitan areas across the country in December, according to a recent government report. The Labor Department reported that the unemployment rates in […]

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