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The typical American household made less money last year than the typical household made a full decade ago. (New York Times/Economix)
Marijuana farming has increased during the recession as hard-luck entrepreneurs supplement their income with backyard pot plantations. (Associated Press)
Both Harvard University and Yale University have reported that the value of their respective endowments fell about 30% in the past fiscal year. (Associated Press, Wall Street Journal)
Some 13.2 percent of Americans were living below the poverty line in 2008, the Census Bureau said Thursday. That’s a significant jump from the 12.5 percent poverty rate a year earlier. (Christian Science Monitor)
The stimulus package saved one million American jobs, says top White House economist Christine Romer. (CNN/Money)
This recession-themed iPhone case only costs 99 cents (assembly required). (Case-Mate)
Treasury Secretary Tim Geithner appearing in a town hall meeting yesterday, said that “absolutely, absolutely,” unemployment will be lower this time next year. (Washington Post/Economy Watch)
Big cars and trucks are out. Smaller ones that offer more for your dollar are in. And many drivers will hang onto the new cars they buy longer. (Associated Press)
Ten economic bubbles in the making. (Clusterstock)
The Pew Internet & American Life Project found that more people are using Internet sites like YouTube and Hulu to relax and escape from the steady flow of bad economic data. (Dallas Morning News)
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