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Debt Consolidation & California Credit Counseling

Friday, January 9th, 2009

Del Rey California

Our Del Rey California debt consolidation program allows you to make a single monthly payment that is in turn distributed to your creditors.

Since the average California household has 14 credit cards, debt consolidation companies were created to help those families concerned with credit debt elimination.


FREE Del Rey California Debt Consultations
FREE Del Rey California Debt Consultations

We have qualified counselors standing by to help you with a specialized debt consolidation program. Resident of Del Rey CA California can fill out the form on the right for a FREE California debt consultation now!



Job losses hit 2.6 million as layoff pain deepens (AP)

Steve Pruitt, from Belle Chasse, La., fills out an employment application during a Dollar General job fair in Metairie, La., Thursday, Jan. 8, 2009. The nation's unemployment rate bolted to 7.2 percent in December, the highest since early 1993, as nervous employers slashed 524,000 jobs. (AP Photo/Alex Brandon)AP - A staggering 2.6 million jobs disappeared in 2008, the most since World War II, and the pain is only getting worse with 11 million Americans out of work and searching. Unemployment hit a 16-year high of 7.2 percent in December and could be headed for 10 percent or even higher by year's end.


 
Obama says his economic plan will be refined (AP)

President-elect Barack Obama speaks about the economy at George Mason University in Fairfax, Va.,  Thursday, Jan. 8, 2009. (AP Photo/Charles Dharapak)AP - President-elect Barack Obama said Friday that he and Congress will "hone and refine" his nearly $800 billion economic recovery plan, as he seeks to patch fissures with senior Democrats over key features of the still-emerging plan.


 
Jobless rate at 16-year high as payrolls plunge (Reuters)

Employers slashed payrolls by 524,000 in December, driving the unemployment rate to its highest level in almost 16 years, a government report showed on Friday, suggesting that the year-long recession was deepening. (Graphic/Reuters)Reuters - The unemployment rate surged to the highest in nearly 16 years last month as a deepening year-long recession forced companies to axe more than half a million jobs, government data showed on Friday.


 
Obama tries to allay concerns over stimulus package (Reuters)

President-elect Barack Obama makes a speech on the economy at George Mason University in Fairfax, Virginia, January 8, 2009. (Jim Young/Reuters)Reuters - President-elect Barack Obama, said on Friday that the latest grim unemployment report added urgency to the need to pass his $800 billion stimulus proposal, even as his efforts ran into difficulties in the U.S. Congress.


 
Rubin to step down as Citigroup adviser (AFP)

Former US Treasury chief Robert Rubin, seen here in November 2008, will step down from his special advisory role to banking giant Citigroup, the struggling bank said Friday.(AFP/File/Paul J. Richards)AFP - Former US Treasury chief Robert Rubin will step down from his special advisory role to banking giant Citigroup, the struggling bank said Friday.


 
Treasury: Mexico appears headed for recession (AP)
AP - Mexico's economy is likely headed for a recession in 2009 amid slowing exports and investment, Treasury Secretary Agustin Carstens suggested Friday.
 
Obama needs to reform US export and visa controls: report (AFP)

US President-elect Barack Obama speaks during a press conference in Washington, DC. Once he becomes president of the United States, Obama should reform US export and visa controls for foreign students and scientists to benefit the economy and national security, a report recommended Thursday.(AFP/File/Mandel Ngan)AFP - Once he becomes president of the United States, Barack Obama should reform US export and visa controls for foreign students and scientists to benefit the economy and national security, a report recommended Thursday.


 
CVS Caremark issues disappointing 2009 forecast (AP)
AP - Drugstore operator and pharmacy benefits manager CVS Caremark Corp. on Friday forecast a smaller 2009 profit than Wall Street expected, pointing to uncertainty in the U.S. economy.
 
Oil prices fall close to 40 dollars (AFP)

A couple fill their tank at a service station in Beijing. Oil prices fell close to 40 dollars on Friday after a highly volatile trading week as new US data showed rising unemployment and deepening recession in the world's biggest oil consuming nation.(AFP/File/Peter Parks)AFP - Oil prices fell close to 40 dollars on Friday after a highly volatile trading week as new US data showed rising unemployment and deepening recession in the world's biggest oil consuming nation.


 
Obama labor pick vows to help combat recession (Reuters)
Reuters - President-elect Barack Obama's pick for top U.S. labor official vowed on Friday to fight the recession by helping people find jobs and said the right to join a union "is the basic premise of our democracy."
 
US unemployment surges to 7.2 pct, 524,000 jobs lost (AFP)

A man looks at job listing at a federally-funded job search center in Pasadena, California, 2008. According to official data the US economy shed 524,000 jobs in December, sending the unemployment rate to 7.2 percent.(AFP/File/Robyn Beck)AFP - US unemployment surged to a 16-year high of 7.2 percent as a deepening recession pushed employers to shed a massive 524,000 jobs in December, capping a yearly loss of 2.6 million, data showed Friday.


 
US Treasury slammed over handling of financial bailout (AFP)

A view of the Treasury Department. A US congressional panel Friday criticized the Treasury over its handling of a 700 billion financial bailout fund and its strategy of rescuing troubled enterprises.(AFP/File/Karen Bleier)AFP - A US congressional panel Friday sharply criticized the Treasury for its handling of a 700 billion financial bailout fund, as lawmakers moved to demand more transparency and accountability.


 
Paulson Bailout Didn’t Give Taxpayers Buffett’s Terms (Bloomberg)
Bloomberg - Jan. 9 (Bloomberg) -- Henry Paulson may be the most powerful manager of money in the world and he still couldn’t do for taxpayers with the $700 billion bailout of American banks what Warren Buffett did for his shareholders in investing in Goldman Sachs Group Inc.
 
Boeing cuts 4,500 jobs (Reuters)

The first Boeing 777 freighter is displayed outside a hangar prior to its debut ceremony at the company's factory in Everett, Washington in this May 21, 2008 file photo. (Robert Sorbo/Reuters)Reuters - Boeing Co became the latest U.S. industrial giant to cut jobs on Friday, shedding 4,500 workers from its commercial plane operations, or about 7 percent of the unit total, as it looks to trim costs in the face of a global recession.


 
Obama: US economy 'dire,' urges action on plan (AFP)

US President-elect Barack Obama speaks on the economy at George Mason University in Fairfax, Virginia. US economic conditions are AFP - President-elect Barack Obama said Friday that staggering new job loss figures showed the need for Congress to urgently pass his plan to revive the "dire" and "deteriorating" US economy.


 
Dollar strengthens after jobs figures (AFP)

A bank employee counts US dollar bank notes. The euro fell sharply against the dollar despite weak US unemployment figures, which analysts said were in line with forecasts.(AFP/File/Jung Yeon-Je)AFP - The euro fell sharply against the dollar despite weak US unemployment figures, which analysts said were in line with forecasts.


 
Worried Americans cut spending as jobs disappear (Reuters)

A job seeker fills out an application at a job fair organized by the New Hampshire Employment Security agency in Salem, New Hampshire December 17, 2008. (Brian Snyder/Reuters)Reuters - Americans, already anxious about losing their jobs, faced Friday's news of deepening unemployment with grim resignation and vowed to cut their spending further, update their resumes and brace for survival in what many expect will be a long, painful recession.


 
US aerospace giant Boeing to shed 4,500 jobs (AFP)

The Boeing logo on a building at the Boeing plant in Huntington Beach, California. US aerospace giant Boeing said Friday it would cut about 4,500 jobs beginning next month amid a weakening global economy.(AFP/File/Robyn Beck)AFP - US aerospace giant Boeing said Friday it would cut about 4,500 jobs beginning next month amid a weakening global economy.


 
Panel criticizes Treasury use of TARP funds (Reuters)
Reuters - The U.S. Treasury has done nothing to ensure a $700 billion financial bailout fund is used to stabilize the weak mortgage market, which caused the U.S. economic crisis, a congressional watchdog said on Friday.
 
KB Home reports worse-than-expected quarterly loss (Reuters)
Reuters - KB Home posted a worse-than-expected quarterly loss on Friday and said unprecedented pressures on the industry and the economy would remain difficult or worsen, sending its shares lower.
 

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