| Volume 33 Number 1 |
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The People’s Lawyer’s Tip of the Day
Your landlord may have an obligation to make repairs to your apartment, but you must first give him written notice. To see what rights you have as a tenant, Click here for more.
Fed Predicts Economy Will Get Worse
The Fed predicts the economy will get worse, and unemployment will rise through 2010. In response to the predicted slump, the Fed lowered interest rates to near 0%. Setting interest rates near 0% is a move the Fed uses to spur economic activity. As of now, experts expect unemployment to rise well in to 2010, while the economy may start to recover at the end of 2009. If the downward trend continues, this recession will be the longest since the Great Depression. What should you expect? Click here for more.
DTV Transition Takes Place Feb. 17, 2009
On February 17, 2009 television stations in the United States will stop broadcasting on analog airwaves. After Feb. 17, 2009, only digital transmissions will be available. If you are uncertain whether you are prepared for the change, Click here for more.
iTunes Makes Significant Changes
iTunes recently announced some significant changes to the iTunes store. Specifically, iTunes will now carry songs for $0.69, $0.99, and $1.29. This marks the first time iTunes has changed from the single price $0.99 structure. Also, many new songs will no longer carry any copy protection. To find out more about the changes to the iTunes store, Click here for more.
Your Money
What bond price achieves my target return? Click here for more.
For the Lawyers
Counter-defendant cannot remove under Class Action Fairness Act. In a split decision, the Fourth Circuit has held that the Class Action Fairness Act's removal provision, does not permit a counter-defendant to remove a class action counterclaim to federal court. The case presents an issue of first impression — whether a party joined as a defendant to a counterclaim (the “additional counter-defendant”) may remove the case to federal court solely because the counterclaim satisfies the jurisdictional requirements of the Class Action Fairness Act of 2005. Click here for more.