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Released: 2-Apr-2009 12:30 PM EDT
New Book Series Renews Call for Ban on Gambling
University of Illinois Urbana-Champaign

Banning gambling is among the best bets to reverse a deep recession that has crippled the global economy, according to a new collection of books that offer the most comprehensive analysis ever on the financial perils of wagering.

Released: 31-Mar-2009 4:45 PM EDT
Experts Available to Comment on G20 Financial Summit in London
American University

American University experts are available to discuss the G20 global financial summit in London, England, on Thursday, April 2.

Released: 30-Mar-2009 2:00 PM EDT
What's Good for Big Business Not Necessarily Good for National Economy
University of Arkansas, Fayetteville

A new study by a University of Arkansas researcher suggests that big business in some economies might be excessively stable, and that this phenomenon is inimical to economic growth. Specifically, results show that sustained economic growth entails new corporate giants arising and undermining the old leviathans.

Released: 30-Mar-2009 12:40 PM EDT
As Recession Dashes Retirement Hopes, Baby Boomers Will Work On
Texas Tech University

The recession has crimped the retirement dreams of America's aging Baby Boomers "“ and that's good news for the economy, said a noted financial planner and Texas Tech University professor.

Released: 26-Mar-2009 12:25 PM EDT
Tips for Help in Foreclosure Prevention
Oklahoma State University, Division of Agricultural Sciences and Natural Resources

Be sure to call on the right source if you are looking for help in foreclosure prevention, an organization on the Department of Housing and Urban Development's list of approved agencies.

Released: 25-Mar-2009 2:35 PM EDT
Steering Universities through Financial Crisis
University of Maryland, College Park

Two university presidents "“ one leading a major public research institution, the other a retired leader from a major private school "“ will discuss higher education's challenges during the nation's economic crisis - the very moment when they have a vital role to play in the recovery. Part of former U.S. Archivist Allen Weinstein's "American Conversations" series.

Released: 18-Mar-2009 12:15 PM EDT
'Lake Wobegon Effect' May Drive Up CEO Pay
University of Utah

In humorist Garrison Keillor's fictional hometown of Lake Wobegon, all children are above average. Corporations may want investors to believe the same thing about highly paid CEOs and this effect may explain high CEO pay, according to a new study by two researchers in the University of Utah's David Eccles School of Business.

Released: 13-Mar-2009 3:25 PM EDT
The Cheerful Science: Economic Historian Looks Beyond Current Gloom
Wake Forest University

Economic historian Robert Whaples says he and the "vast, vast majority" of his peers are more optimistic about the future than a recent poll found average Americans to be. Whaples, who is department chair and professor of economics at Wake Forest University, even says he has come to see the field of economics not as the so-called "dismal science" but rather as the "cheerful science."

Released: 12-Mar-2009 9:00 AM EDT
Families Are Feeling the Stress of Economic Crisis
Florida State University

There is no question that the recent economic crisis has wreaked havoc on companies and on families across the country. Now, a recent study of 300 married, working couples conducted by Wayne Hochwarter, the Jim Moran Professor of Management at Florida State University's College of Business, is revealing just how deeply the crunch is being felt.

Released: 11-Mar-2009 7:00 AM EDT
The Economic Crisis' Toll: Experts Available to Discuss Sociological Factors and Implications
American Sociological Association (ASA)

As the economy continues to toll heavily on the minds of the general public and the federal government works to provide relief, sociologists are examining the causes, consequences and long-term implications of the current economic crisis for Americans, corporations and government institutions.

Released: 10-Mar-2009 2:00 PM EDT
Economist: Bernanke's Call to Address Systemic Risks Misses a Key Element -- Excessive Asset Price Swings
University of New Hampshire

Federal Reserve Chairman Ben Bernanke's recommendations to address the systemic risks in the financial system are missing a key element "“ addressing excessive asset price swings, according to economist Michael Goldberg at the University of New Hampshire.

Released: 9-Mar-2009 4:10 PM EDT
Cotton Economists See Weakening Economy Hitting Textile Industry
Texas Tech University

Cotton prices will drop and the U.S. market share will shrink as the economy crunches mill demand.

Released: 9-Mar-2009 11:05 AM EDT
Making a New Beginning in the Face of Global Recession: Researcher Creates Scientific 'Joyful' Approach
Baylor University

A Baylor University researcher has come up with a new approach to counseling and coaching for everyday people who need a scientific roadmap to making their dreams come true.

Released: 9-Mar-2009 11:05 AM EDT
2009 FAPRI Outlook Shows Impacts of Economic Slowdown but Projects Higher Commodity Prices over the Next Decade
Iowa State University

After dramatic increases in the prices of most commodities in the last three years, prices retreat in 2009/10, but growing demand for food, feed, and fuel is expected to return them to historically high levels over the rest of the decade, according to analysts with the Food and Agricultural Policy Research Institute (FAPRI).

Released: 6-Mar-2009 8:40 AM EST
Economy, Energy Among Topics of Latest Arizona State-Southwest Poll
Arizona State University College of Liberal Arts and Sciences

Economic forecasts are dismal, yet many Southwesterners in Arizona, Nevada, Texas and New Mexico are optimistic that conditions in the U.S. will improve over the next year, according to the most recent Arizona State University-Southwest Poll.

Released: 3-Mar-2009 10:40 AM EST
Foreign Investments May be Destabilizing Financial Markets
Florida State University

Stabilizing or destabilizing? Good or bad? Many have debated the positives and negatives of sovereign wealth fund investments, which are pools of money that foreign governments, China in particular, have invested for profit in a number of U.S. investment banks. None, however, have shed light on the fundamental question: Do such investments help or hurt?

Released: 3-Mar-2009 8:45 AM EST
Economist Recommends Regulation Changes to Financial Sector
University of New Hampshire

Michael Goldberg, the Roland H. O'Neal Professor of Economics at the University of New Hampshire, has proposed new ways to regulate the financial sector at a national conference recently that included some of the world's foremost economists and business experts.

Released: 26-Feb-2009 4:20 PM EST
Social Security Expert: Modest Changes Could Protect Vulnerable Populations
University of Wisconsin–Madison

University of Wisconsin-Madison sociologist Pamela Herd has been a scholar of Social Security for more than a decade, but her most poignant lesson may have come from her own mother's experience last fall.

Released: 24-Feb-2009 11:50 AM EST
Expert Commentary: Market Loses Half Its Value; Obama Speech Crucial to Stop Slide
University of Alabama at Birmingham

Andreas Rauterkus, Ph.D., is an assistant professor of finance at the University of Alabama at Birmingham (UAB). A native of Frankfurt, Germany, Rauterkus has earned finance degrees from universities in both Europe and the United States. His research, which has been funded by the FDIC among others, includes in-depth examinations of financial institutions with an emphasis on conflicts of interest situations in international banking.

   
Released: 23-Feb-2009 3:15 PM EST
Nonprofit Leaders to President and Congress: 1 Million Charities Are Ready to Help
 Johns Hopkins University

Leaders of organizations representing tens of thousands of American nonprofit organizations are calling for a reinvigorated and empowered partnership between government and the nonprofit, or "citizen sector," to address our country's social, economic, and environmental problems and improve the quality of community life.

Released: 23-Feb-2009 2:50 PM EST
Billions in Nonprofit Projects Halted by Credit Crisis
 Johns Hopkins University

Like state and local governments and private businesses, America's 1.4 million nonprofit organizations have many major "shovel-ready" infrastructure projects on hold because of the credit crisis, according to a new survey.

Released: 16-Feb-2009 12:50 PM EST
New Economy Puts Dual-Income Couples in Double Jeopardy
Ithaca College

"Nine in ten dual-income couples in New York State feel there is some risk that one or both of their jobs might not exist in the next couple of years," says Ithaca College sociologist Stephen Sweet, lead author of the study "Dual Earners in Double Jeopardy: Preparing for Job Loss in the New Risk Economy." Satellite Uplink available on campus.

Released: 12-Feb-2009 12:00 PM EST
10 Ways to Spend Less on Health Care in a Recession
Pennsylvania Medical Society

The Institute for Good Medicine at the Pennsylvania Medical Society offers 10 ways for consumers to spend less on their health care during a recession.

Released: 12-Feb-2009 11:20 AM EST
A Brave New World for College Grads: Hunting Down a Job in a Tough Economy
Saint Joseph's University

Unfortunately, in an economy like today's, Matthew Brink, director of Career Development at Saint Joseph's University in Philadelphia, has no secret tricks for landing a job. "It's all about using the tried and true tactics for job hunting, but giving the process more time and effort," he says.

Released: 10-Feb-2009 3:30 PM EST
Finance Professor Is Optimistic About Stock Prices
University of Iowa

University of Iowa finance professor Todd Houge says he's cautiously optimistic that U.S. stocks have greater upside potential than they've had recently and that prices have already factored in a lot of bad economic news.

Released: 10-Feb-2009 3:00 PM EST
NWF: Keep Strong Green Investments in Stimulus
National Wildlife Federation (NWF)

"As the two versions of the bill move to conference committee, we hope Congressional negotiators maintain the House bill's strong investments in education, clean energy and America's natural resources - all proven ways to stimulate shovel-ready projects and rapidly create jobs," said NWF's Adam Kolton.

Released: 10-Feb-2009 12:00 PM EST
Newly Announced Financial Bailout Could Restart Consumer Credit Flow
University of Alabama at Birmingham

Tuesday, Feb. 10, the U.S. Department of the Treasury announced the details of its latest financial bailout measure, the Financial Stability and Recovery Plan.

9-Feb-2009 3:50 PM EST
Public Support Grows for Spending on Transit and Infrastructure
University of Chicago

Public support is growing for expenditures on mass transit and infrastructure and remains high for education and health care, according to a National Opinion Research Center survey at the University of Chicago that has been following spending trends for 35 years.

Released: 9-Feb-2009 8:00 PM EST
Soaring Unemployment and Foreclosures Increase Homeless in San Francisco
California Pacific Medical Center Research Institute

Each day brings news of more job losses and more home foreclosures in California, pushing more people out onto the streets of our cities. Project Homeless Connect is offering hope to these people, providing vital services to get them off the streets, into housing, and even back into work.

Released: 9-Feb-2009 4:00 PM EST
What to Do Post Pink Slip?
University of Maryland, Baltimore

During these times when it seems as if there is socialism for the wealthy and capitalism for the poor (given today's NYT' story about the shrinking welfare rolls) and in the wake of the three murder/suicide cases of entire families due to financial stress/debt/job loss that took place across the nation last week, including one in Annapolis, Jodi Jacobson, PhD, assistant professor at the University of Maryland School of Social Work, whose research falls into work/life, work crisis, offers some advice to those who are suffering stress and emotional fallout over the current financial picture. She is the chair of the Employee Assistance Program track at the School.

Released: 9-Feb-2009 3:35 PM EST
UC Berkeley Professors Discuss Impact of Obama's Proposals on the Economy
University of California, Berkeley Haas School of Business

The impact of President Obama's proposals on the economy and on the American public is the topic of discussion for University of California, Berkeley faculty Tom Campbell and Barry Eichengreen, moderated by award-winning NBC4 reporter Conan Nolan. This presentation will review the background of the economic crisis, discuss the current efforts and their impact, and provide insight into how to manage personal finances and investments.

Released: 6-Feb-2009 11:45 AM EST
Surviving Job Loss
University of Maryland, College Park

"Whether you are a millionaire (probably losing at least 30 to 40 percent of your assets), or a construction worker unable to find work, you are facing the same common enemy. You cannot fix the economic crisis but you can survive. The following tips for those at both ends of the financial spectrum can help your psychological survival." (This column is for free and immediate use)

Released: 4-Feb-2009 10:00 AM EST
Georgia Tech Financial Analysis Lab Releases Latest Report
Georgia Institute of Technology

In the latest report from the Georgia Tech Financial Analysis Lab, located in the College of Management, Professor Charles Mulford warns of increased tax payment risks to capital-intensive companies. He identifies companies that may be facing increased taxes from a reduction in capital spending that may arise from the slowing economy.

Released: 4-Feb-2009 10:00 AM EST
Expert Commentary: Expert Available Wednesday to Discuss Job Loss Affect on Families, Mental Health
University of Alabama at Birmingham

Reporters seeking an expert to discuss the mental toll that massive job losses in the United States could have on society and individuals can contact UAB sociologist Patricia Drentea, Ph.D. Drentea studies the sociology of work, debt and stress, and family and equity issues. She is available 11 a.m.-1 p.m. Wednesday, Feb. 4 and 3:15-4:15 p.m. Thursday Feb. 5.

2-Feb-2009 4:40 PM EST
Downsizing Obesity in a Lean Economy: Crisis and Opportunity
Boston Children's Hospital

The Obama administration's economic stimulus initiatives should include investment in infrastructure to decrease obesity, providing an immediate and long-term boost to the economy and to public health, argues a commentary in the February 4 JAMA.

   
Released: 2-Feb-2009 3:30 PM EST
Minority Stock Ownership Continues to Fall in Market Downturn
Ohio State University

The recent severe downturn in the stock market may further reduce stock ownership by African American and other minority investors, new research suggests. Minorities, who had long trailed whites in stock ownership had begun to catch up between 1992 and 2001. But a new study found that those gains largely disappeared around the time of the major stock market downturn in 2002.

Released: 2-Feb-2009 1:50 PM EST
Wellness Expert Offers Tips for Coping with a Layoff
University of Alabama at Birmingham

If a workforce reduction happens to you, there are steps you can take to minimize the mental stress and help cope with the psychological impact of a layoff, said University of Alabama at Birmingham (UAB) Associate Professor Josh Klapow. One tip: Let go and don't over-think the circumstance, he said.

Released: 30-Jan-2009 2:25 PM EST
Study On Spending Vs. Tax Cuts and Benefits to Economy
University of California San Diego

Nationally recognized UC San Diego macroeconomist Valerie A. Ramey has offered objective analysis on the major issue dividing Democrats and Republicans on how best to get the economy moving again. Her estimates show that a $1 increase in government spending raises GDP by about $1.40.

   
Released: 29-Jan-2009 4:00 PM EST
Experts Available to Discuss the Federal Economic Stimulus Package
University of Wisconsin–Madison

Professional development experts at the University of Wisconsin-Madison are available to discuss the impact of American Recovery and Reinvestment Act of 2009 (ARRA 2009) on the nation's infrastructure.

   
Released: 29-Jan-2009 9:55 AM EST
Economic Summit Draws Leading Business Executives to Discuss the Economic Crisis at Daylong Event
University of Findlay

Leading business executives from a variety of industries will be panelists during an Economic Summit at The University of Findlay. They will discuss the foundations of the current economic crisis, emerging business opportunities and the impact of the crisis on today's student.

Released: 28-Jan-2009 2:35 PM EST
Charging for Fast Food Extras May Actually Save You Cash
Saint Joseph's University

The typical American consumer is accustomed to unwrapping a hamburger from their favorite fast food establishment and finding "the works": lettuce, tomatoes, pickles and a few packets of ketchup on the side. However, according to John Stanton, Ph.D., chair of food marketing at Saint Joseph's University in Philadelphia, the "frills" that come with fast food or restaurant meals could become a thing of the past.

Released: 28-Jan-2009 1:45 PM EST
Road to Recovery Includes Research, Science and Tech Parks
Association of University Research Parks (AURP)

"Research parks are key drivers of regional development," said J. Michael Bowman, Chairman & President, Delaware Technology Park. "Today, research parks spur business startups, retention and expansion with a focus on providing crucial services." In that regard, the Association of University Research Parks (AURP) will host its annual Washington Summit meeting "The Gathered Storm: Navigating the Turbulent Times" on Thursday, February 26, 2009.

Released: 28-Jan-2009 12:15 PM EST
Are Super Bowl Ads Overpriced for a Bad Economy?
University of Delaware

Super Bowl ads are a good buy at $3 million for 30 seconds, says marketing professor John Antil. General Motors and FedEx have chosen not to advertise this year, and that could cost them.

Released: 23-Jan-2009 8:00 AM EST
Boost Economy by Importing Taxpayers, Says Professor
University of Alabama Huntsville

In addition to spending $825 billion on an economic stimulus package, President A A finance professor at The University of Alabama in Huntsville said President Obama and the new Congress should consider "importing" taxpayers as a quick, low-cost way to boost the economy.

Released: 22-Jan-2009 9:00 AM EST
Business Professor Warns of Post Downsizing Stress Syndrome as Job Cuts Continue
University of New Hampshire

Those fortunate enough to have held onto their jobs during the economic downturn may experience Post Downsizing Stress Syndrome, a psychological response to a combination of widespread layoffs and high levels of job stress, according to a business professor at the University of New Hampshire.

   
Released: 21-Jan-2009 12:35 PM EST
New Economy Needs a New Deal, Says Sociologist and Author
Ithaca College

"Make no mistake, there is a new economy," says sociologist Stephen Sweet, whose book "Changing Contours of Work" examines the structure of the new economy, including the dismantling of protections, and the effect on workers and families. He further calls for a "new deal" to address the lack of protection and upward mobility in the workplace as well as the racial and gender chasms. ReadyCam Satellite uplink on site.

   
Released: 15-Jan-2009 6:00 PM EST
Expert Available: Health Insurance After Job Loss
Washington University in St. Louis

Losing a job usually comes with the double whammy of losing any employer-sponsored health insurance. Timothy McBride, Ph.D., leading health economist and associate dean for public health at WUSTL's George Warren Brown School of Social Work, is available to discuss current coverage options and the future of health insurance for low-income people.

Released: 13-Jan-2009 7:00 PM EST
Examining the Health Consequences of the 2008-09 Recession
George Washington University

A new report by The George Washington University School of Public Health and Health Services (GW/SPHHS) spells out the potential health consequences of this, and other aspects of the recession. It also reviews proposals that are part of federal efforts to stimulate an economic recovery, and that would help to reduce impoverishment, strengthen access to health care, and protect the health of more Americans.

Released: 12-Jan-2009 4:10 PM EST
Staying Healthy Doesn’t Have to Break the Bank
Dana-Farber Cancer Institute

Tough economic times are causing many people to tighten the belt on personal finances. But trimming fat from the budget doesn't have to lead to an expanding waistline. Experts at Dana-Farber Cancer Institute offer the following free and low-cost strategies to help maintain good health as well as possibly reduce various cancer risks.

Released: 10-Jan-2009 11:00 AM EST
Study Finds Bankruptcy Process Works, Weeds out Weak
University of Utah

A University of Utah study indicates the U.S. bankruptcy system has a silver lining: it works. The study found 80 percent of fundamentally sound firms emerge with most of their assets, compared with 37 percent of firms with bad business models. The study suggests Chapter 11 bankruptcy reorganization may be better for U.S. automakers than a federal bailout.



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