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Consumer Spending

J. Crew and Me: A Hopeful Plan to Invigorate the Economy

Pamela Tom | Posted 05.25.2011 | Business
Pamela Tom

Three years ago, I discovered J. Crew. You know, the somewhat preppy clothing store that exudes a sense of fashionable elegance all the same?

Debate Over Deficits Misses One Key Fact: Consumers Aren't Spending

AP | By CHRISTOPHER S. RUGABER | Posted 05.25.2011 | Business

WASHINGTON -- A tepid gain in consumer spending last month could fuel a debate over whether the United States and other governments should further sti...

1Q GDP Revised Down On Weaker Consumer Spending

AP | CHRISTOPHER S. RUGABER | Posted 05.25.2011 | Business

WASHINGTON — The economic recovery won't be catching fire any time soon. Businesses and governments are likely to reduce spending in the second...

Shop the Economy Back to Health? Not When You're Unemployed!

Claudia Ricci | Posted 05.25.2011 | Politics
Claudia Ricci

I'm no economist and my stint as a reporter at The Wall Street Journal was years back now. But you don't have to be a business expert or a rocket scientist to know when a newspaper byline is total bulls***.

Wal-Mart Profit Up But U.S. Sales Weak, As Many Customers Still Can't Afford

AP | ANNE D'INNOCENZIO | Posted 05.25.2011 | Business

NEW YORK — Wal-Mart Stores Inc. reported a 3.6 percent increase in second-quarter net income and raised its earnings guidance for the full year ...

Sixty Percent Of Baby Boomers Don't Have Enough For Retirement

Huffington Post | Nathaniel Cahners Hindman | Posted 05.25.2011 | Business

Nearly three in five baby boomers face a financial bust in retirement if the current economic climate persists, according to a study cited in a recent...

Double Dip Recession: What Will It Look Like?

24/7 Wall St. | Posted 05.25.2011 | Business

A growing and vocal minority of economists believes that there will be a double dip recession primarily because of the intransigence of high unemploym...

10 Products You're Wasting Your Money On | Geoff Williams | Posted 05.25.2011 | Business

We all have a lot of kitchen gadgets that we've spent good money on but never seem to use, like a Crock Pot that's seen the light of day maybe six tim...

Newt Gingrich's Fight for the Luxury Industry Is Laughable

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

Should we really believe that 20 million people purchasing luxury goods such as jewels, fashion, yachts, private planes and lavish international travel will be a major boost to the U.S. economy! Come, on.

Stiglitz: It's 'Absolutely Clear' U.S. Needs A Second Round Of Stimulus

Bloomberg | Michael Heath and Rishaad Salamat | Posted 05.25.2011 | Business

Nobel Prize-winning economist Joseph E. Stiglitz said the U.S. economy faces an "anemic recovery" and the government will need to enact another round ...

U.S. Savings Rate: Highest Level In A Year, Says Commerce Department

MarketWatch | Greg Robb, MarketWatch | Posted 05.25.2011 | Business

The savings rate among U.S. households rose to the highest level in a year in June as income and spending were flat, the Commerce Department estimated...

Spending Cutbacks By Rich Dull Recovery

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Wealthy Americans aren't spending so freely anymore. And the rest of us are feeling the squeeze. The question is whether the rich ...

Guys Gone Wild -- for Grooming Products

Kit Yarrow, Ph.D. | Posted 05.25.2011 | Style
Kit Yarrow, Ph.D.

Guys are so eager to smell like "the man your man could smell like" that for the first time in history they're spending more on personal care products than women.

8 Big Companies That Grew Through The Recession

Posted 05.25.2011 | Business

By 24/7 Wall St.: The recession that began in 2007, and by some accounts is only barely over now, shut down and largely reversed the growth of most Am...

Christina Marie Fierro

Tax Holidays: State Governments Gamble On Back-to-School Shopping Deals To Stimulate Consumer Spending | Christina Marie Fierro | Posted 05.25.2011 | Business

Today kicks off the first tax holiday for the back-to-school shopping season, but low consumer morale may end up causing a further drain on state gove...

The Top-Spending Cities In America (PHOTOS)

Huffington Post | Nathaniel Cahners Hindman | Posted 09.20.2011 | Business

Last year, residents of Arlington, Virginia might have done more to jump-start the economy than any other area in the nation. Consumer spending ac...

The Case for Informed Citizenship

Janet Ritz | Posted 05.25.2011 | Politics
Janet Ritz

Are we, by our own obtuseness, responsible for those who toil in unsafe conditions, who find themselves looking out at a destroyed Gulf of Mexico, who mourn for loved ones buried in an unsafe mine?

For Luxury Hotels, Economic Recovery Has Already Arrived

DailyFinance | PALLAVI GOGOI | Posted 05.25.2011 | Business

Back then, Congress was attacking financial executives for enjoying visits to resorts even while their firms were taking billions of dollars from taxp...

The Vanishing American Consumer and the Coming Trade War

Robert Reich | Posted 05.25.2011 | Business
Robert Reich

By doubling exports, the Obama administration figures foreign consumers will fill the spending gap. Problem is, most other economies also relied on American consumers. High production and low demand could spell a trade war.

Consumer Credit Shows A BIG Rise In March

AP | By MARTIN CRUTSINGER | Posted 05.25.2011 | Business


4 Top Reasons Illegal Immigration Grew Out of Control and How We Can Fix It

Damien Hoffman | Posted 05.25.2011 | Business
Damien Hoffman

Only 5,000 green cards a year are issued to low-skilled workers seeking permanent residence. Clearly, we should expect a black market in labor to arise when demand for workers far exceeds the legal supply.

Why U.S. GDP Growth Is Unsustainable And The Recovery Will Fade: Edward Harrison

Credit Writedowns | Edward Harrison | Posted 05.25.2011 | Business

The US turned in a fairly robust quarter in Q1 2010, with real GDP growth meeting expectations at 3.2% annualized. This comes on the back of a very ro...

U.S. GDP Up 3.2 Percent In First Quarter As Consumer Spending Shows Biggest Rise In 3 Years

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The numbers would be excellent in normal times, but for a country recovering from deep recession, they're not enough. Spending by ...

Americans are Spending Less: U.S. Economic Recovery Is Expected to Slow Down

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — Americans are pulling back on their spending, a trend that could slow the economic recovery if it continues. A sharp drop in retai...

How Much Have You Got to Spend?

Philip N. Cohen | Posted 11.17.2011 | Healthy Living
Philip N. Cohen

Kids cost more for parents who have more. The U.S. Department of Agriculture has released its annual report on the cost of raising children. Using da...