Category:
Economy
Americans are taking on ever larger debt loads as they struggle to maintain living standards. They are borrowing more on their credit cards, taking on a soaring levels of student…
During Alan Greenspan’s nearly 20-year reign as Chairman of the Federal Reserve, commentators used to look at the heft of the briefcase he carried to meetings to guess whether interest…
By most accounts, the United States economy had a glowing year in 2014. Unemployment was down, spending was up, housing prices continued to bounce back and gas prices plunged to…
The inevitable collision between year-end spending and budget restrictions is making this an uncomfortable holiday season for two vital groups in the American economy: Consumers and the federal government. American…
As we approach July 4, the 237th anniversary of our nation’s independence, it’s also worth noting that our country is in its fourth year of a sluggish recovery from the…
The bull run on Wall Street and a continued surge in home prices pushed consumer confidence to its highest level in almost six years. The Thomson Reuters/University of Michigan consumer…
The snapshot of the U.S. economy in the first week of May looks unusually promising. Almost every arrow economists want pointing up – home sales, auto sales, stock market –…
American consumers are a step slow in accepting the news that the U.S. economy really is on the mend. Consumer confidence and retail spending dipped in March, while the rest…
The U.S. airline industry is coming off its second-best year ever in terms of customer service, but it comes with a price: Complaints were up, and so was the average…
A month after sequestration kicked in, the alarms sounded by President Obama – “It will cost us jobs and slow down our economy,” he said Feb. 5 – have not…