It has been two years since Lehman Brothers went under, sparking the Great Recession. While the banks have done surprisingly well in past two years, the economy is still struggling to recover and millions remain out of work. He…
Supermarket giant Kroger said earnings per share rose to 41 cents in the second quarter of fiscal 2010 from 39 cents a year earlier.
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Ritz-Carlton will introduce a loyalty rewards program in response to declining room rates in the luxury hotel industry.
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Forget the gloomy predictions: According to Richard Berner of Morgan Stanley, U.S. consumers are a year ahead of schedule in repairing their household balance sheets, giving them the ability to start spending again soon. And t…
Concern about the economy is encouraging Americans to save more than they did a year ago, says a new report. The lack of growth in consumer spending signals that the recession won’t end anytime soon.
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