This is a nationwide trend now, but has always been more common in the NJ/NY area because of the high cost of living...

Quoted: With the recession forcing more grown kids to move back in with mom and dad, many blended families are dealing with the age-old question: Who’s the boss?

Interesting WSJ piece ... I guess necessity really is the mother of invention.

Quoted: For laid-off or worried workers, launching a business may seem the best path to survival. Here are the stories of five people who are taking that route—and the lessons they’ve learned so far.

This piece is an interesting, human interest side of the Ecomonist article that ran a couple months ago...

Quoted: Americans are not moving en masse because of the Great Recession, unlike the exodus from the Dust Bowl during the Great Depression. Instead, they are staying put more than they did before the downturn.

Fascinating! I smell a blog post in this...

Quoted: Americans used to move to where the jobs were. But now home-ownership and health insurance freeze many of them to the spot.

An interesting (and likely controversial) article from Newsweek. Also, I wonder when Sean Hannity will stop inflicting himself on humanity?

Quoted: In many ways our economy already resembles a European one. As boomers age and spending grows, we will become even more French.

In case you aren't already feeling sufficiently depressed about the economy, here's a nice little chart summarazing all the major layoffs this quarter...

Quoted: The following chart is a selection of some announcements of job cuts since the beginning of the year. Some numbers are estimates.

I'm not sure that it's entirely about reforms. I don't think India's economy is diversified enough that it wouldn't be feeling the effects of a U.S./global slump... Plus, its previous rapid rate of growth was unsustainable. Seems like a combination of factors.

Quoted: Growth is slipping, stocks are down 40%, and foreign stock market investors are fleeing. Business blames the ruling coalition for failing to make reforms.

Sad, but true. I think this is a political issue too!

Quoted: Forget about two-week vacations. Many working people will be lucky to have a day-cation. While cyclical factors like gas prices and the slumping job market have something to do with this, the real culprits are longstanding trends that have altered the structure of our economy. As a result, more Americans view something that used to be an entitlement—paid time off—as an unaffordable or unavailable luxury.

Looks like NJ no longer has the distinction of cheapest gas in the country, but it does have one of the lowest gas taxes (14.5 cents per gallon).

Quoted: While the average gas price nationwide passed $4 last weekend, Missouri could boast of prices around $3.825, the cheapest in the country. How come the Show Me State has the lowest gas prices?