Articles
The Housing Mirage
If housing is back, why is the percentage of people who own homes lower now than it was over a decade ago? That's one of the many paradoxes of the housing...
U.S. Weekly Jobless Claims Jump to Highest Level in 6 Weeks
(WASHINGTON) — The number of Americans seeking unemployment aid rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump comes...
Dow 15,000: Don’t Fight the Fed, But Be Afraid
It’s hard to know what to make of this week’s record Dow performance except to say, “Don’t fight the Fed.” More than four years after the peak of the financial...
U.S. Economy Accelerates at 2.5% Rate in 1st Quarter
(WASHINGTON) — U.S. economic growth accelerated from January through March, buoyed by the strongest consumer spending in more than two years. The strength offset...
Stop Bemoaning the New GDP Numbers: It’s Good News
Economic pundits are bemoaning the fact that first quarter GDP numbers released last Friday were weaker than expected – growth was 2.5% rather than the 3% that...
Cold March Keeps Shoppers’ Spending Tepid
NEW YORK — So much for new spring shorts and T-shirts. As cold weather lingered across most of the country, Americans shopped modestly in March. U.S. retailers...
US Economy Expands at 0.4 Percent Rate
WASHINGTON — The U.S. economy grew at a slightly faster but still anemic rate at the end of last year. However, there is hope that growth accelerated in early...
Consumer Confidence Falls in March
WASHINGTON — Americans are less confident in the economy than they were last month as massive government spending cuts stoke economic uncertainty. The...
U.S. Retail Sales Up Solid 1.1% in February
Americans spent at the fastest pace in five months in February, boosting retail spending 1.1 percent compared with January.
Fed Survey: U.S. Economy Growing Throughout Country
(WASHINGTON) — Strong auto sales, hiring gains and a continued housing recovery helped the U.S. economy grow throughout the country in January and February,...
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Top 10 Black Friday Gifts
This year, you didn't have to wait until Black Friday to get the best deals on popular presents. Gifts ranging from video games to toys to Blu-Ray disc players...
Articles from Around the Web
Higher consumer spending will offset sequester cuts, economists say
WASHINGTON -- Consumers will help keep economic growth on track this year, as new projections of their spending indicate it will offset the hit to the recovery from the federal...
Gas prices lower, but not leading to more spending
Gas prices are slightly lower this year, but that's not leading to a large pick-up in consumer spending, according to a survey by Bankrate.com. ...
After a Strong Recovery, China's Economy Unexpectedly Stumbles Again
A combination of weak exports and slowly rising consumer spending prompted concerns among economists about sustaining even modest growth. ...
Stocks open higher as consumer spending rises
Stocks are edging higher in early trading on Wall Street as investors were encouraged by an increase in consumer spending last month. ...
