Business/Economic/Housing/Layoff News for August 31, 2010

The Age of Mammon

Nikkei down 3.6% for worst finish since April 2009

Head-and-Shoulders Portends Double-Dip

Summer Movie Box-Office Attendance Falls to Lowest Since 1997

Flash Crash Still Baffles, With An Ominous Tone

Florida, Much Worse Problems Than The Oil Spill

The Automatic Earth Blog Looks At GDP and CMI Once Again

Asian Stocks Fall as U.S. Personal Income Report Fuels Growth Concerns

There is no deflation in used car prices

Alt Energy Great Hope: The Bloom Box (As Seen Last Sunday On 60 Minutes)

Mish: Banks Recruit Investors to Oppose Honest Valuation of Assets; Just how Unprepared are Banks for Major Losses?

Fed to BofA’s Lewis: “Stop Jerking Us Around”

What About The 1970s?

James Howard Kunstler: "One Lump Or Two?"

Jim Rogers: US must stop printing money, copy Europe

TARP and the Continuing Problem of Toxic Assets

Foreclosures fall, but new delinquencies rise

More than 20,000 American mortgagees to hit Palm Beach as Naca's five-day mortgage modification marathon gets under way

Record number in government anti-poverty programs

One in three households has no life insurance

Pimco's El-Erian Sees `Lost Decade' for U.S. Jobs

GM Powertrain plant in Flint, MI to close in November . . . 330 workers to lose jobs

Hilton Hotels lays off 36 workers in Memphis, TN

University of Southern Mississippi to Cut 29 Faculty Staff Positions