It’s all over the news, the recession is over, even if the ordinary American can’t tell the difference. But the question is, can the recovery continue after the government stimulus is gone.

According to the Financial Times citing research by Moebs Services, banks are on track to earn $38.5 billion in overdraft fees this year and a large portion of the revenue is likely to come from the most financially stretched consumers. The research also showed that many banks have increased charges on overdrafts and credit cards in order to boost [...]

The AFL-CIO released a report recently called: Young Workers: A Lost Decade. Among their general findings were:

One in three young workers (those under 35) are currently living at home with their parents.
Only 31% say they make enough money to cover their bills and put some money aside — 22% fewer than in 1999 – while [...]