Bad News: Consumer Confidence Plunges
NEW YORK — Americans grew much gloomier about the economy in May, causing a critical measure of consumer confidence to suffer its biggest declin...
NEW YORK — Americans grew much gloomier about the economy in May, causing a critical measure of consumer confidence to suffer its biggest declin...
The Huffington Post | Khadeeja Safdar | Posted 05.22.2012
Mark Zuckerberg just married his longtime girlfriend Priscilla Chan a day after Facebook's epic debut on the NASDAQ. But most people aren't lucky enou...
The Huffington Post | Khadeeja Safdar | Posted 05.21.2012
Some towns are getting along in this economy better than others. A report issued this week from the credit counseling agency CredAbility offers som...
AP | JONATHAN FAHEY and PAUL WISEMAN | Posted 05.18.2012
NEW YORK -- What only weeks ago was seen as a serious threat to the economic recovery could now turn into a stimulus everyone can love. Oil and gasol...
Michael Farr | Posted 05.03.2012
We continue to believe that investors are underestimating the risks inherent to the bond market at this stage in the game. Bond investors are not being compensated for the risks they are assuming when they are not even able to earn the expected rate of inflation.
The Huffington Post | Alexander Eichler | Posted 04.25.2012
How high are gas prices in New Lenox, Ill.? They're so high, the mayor is sending people out of town to fill up their tanks. At one New Lenox st...
Reuters | Posted 04.25.2012
NEW YORK, April 24 (Reuters) - U.S. consumer confidence edged slightly lower in April, while Americans also reined in their inflation expectations a...
John Friedman | Posted 04.23.2012
Because balancing the issues around climate, health, wellness, societal 'good' and cost are interrelated, the question is far more complex than a simple Boolean (yes/no) choice.
The Huffington Post | Alexander Eichler | Posted 04.20.2012
U.S. multinationals are hiring. They're just doing a lot of it overseas these days. Multinational firms based in the United States expanded their w...
Gene Marks | Posted 04.18.2012
Being a small business owner I'm an eternal optimist. But small business owners need to pay close attention when the media says that something "increased" or "got better." Always say to yourself: "Better? Compared to what?"
Ellen Schloemer | Posted 04.16.2012
Even the conservator of Fannie Mae and Freddie Mac now says mortgage write-downs may make economic sense for the two housing finance giants. All of which begs the question: What if the industry had made these moves sooner?
AP | CHRISTOPHER S. RUGABER | Posted 04.13.2012
WASHINGTON — Gas prices rose more slowly in March, keeping overall U.S. inflation mild. The consumer price index rose 0.3 percent in March, the...
The Huffington Post | Khadeeja Safdar | Posted 04.11.2012
We may not technically be in a recession anymore, but the vast majority of Americans say they aren't feeling the recovery. More than 75 percent of...
Russell C. Smith | Posted 04.12.2012
It's safe to say there's been no other time in the history of the world when so much information on peoples' purchasing habits has been gathered, stored, catalogued, and most importantly... used.
The Huffington Post | Alexander Eichler | Posted 04.10.2012
It doesn't just seem like America is dividing into two nations -- one where luxury spending is going strong, the other where more and more people can'...
AP | JONATHAN FAHEY | Posted 04.10.2012
NEW YORK (AP) — Ahh, spring. The days get longer, flowers bloom, and gasoline gets more expensive. It's a galling time for drivers, a...
Reuters | Posted 04.06.2012
* ABA: loan delinquencies fell in 11 categories it tracks * Group says overall delinquency levels still high * Increased...
Curtis Arnold | Posted 04.02.2012
Nearly three in four Americans report having frozen or cut back their use of credit cards in recent times. But of the more than one in four who are spending more on their cards these days, more than half report using their credit cards to help cover basic needs.
The Huffington Post | Mark Gongloff | Posted 04.18.2012
Back in the good old days of the mid-2000s, before that whole unpleasantness with the global financial crisis and the near-depression and what have yo...
Robert Reich | Posted 03.30.2012
The economy grew at a 3 percent annual rate last quarter. Personal income also jumped. Americans raked in over $13 trillion. Yet it's almost a certainty that all the gains went to the top 10 percent, and the lion's share to the top 1 percent.
AP | MARTIN CRUTSINGER | Posted 03.30.2012
WASHINGTON — U.S. consumers boosted their spending in February by the most in seven months, raising expectations for stronger growth at the star...
Justine Rivero | Posted 05.27.2012
If you can afford your $3 latte or even a $300 discount Kate Spade purse, you can also afford to change your financial habits right now. What you cannot afford is a financial emergency down the line.
Ellen Schloemer | Posted 05.26.2012
Imagine how many people would have walked away from getting a subprime mortgage if the broker had told them, "The rate on this loan is 2% higher than you qualify for, because I make more money that way."
The Huffington Post | Khadeeja Safdar | Posted 03.22.2012
As the deadline to file our taxes approaches, many of us are anticipating a nice tax refund. Americans will receive an average refund of $2,913, a...
The Huffington Post | Posted 03.14.2012
With St. Patrick's Day falling on a Saturday this year, the greenest of holidays might be getting a little more raucous than usual. And by raucous, we...
AP | MAE ANDERSON | Posted 05.29.2012