Another good week for the U.S. economy: Initial jobless claims fell below the key 400,000 level, and the consumer sentiment index rose to its highest point in eight months, indicating that Americans are increasingly confident t…
After two years of relative frugality caused by the financial crisis, Americans are again borrowing in a big way. Consumer spending is surely good for the economy, but have Americans learned any lessons about loading up on red …
Two sets of labor statistics data, released this week, point to a divergence between the job-openings rate and the total number of employees on nonfarm payrolls. And that divergence may well serve as a leading indicator for the…
Many people blame America’s high unemployment rate on a mismatch between workers’ skills and the fields with open jobs. But jobs are scarce across all sectors. That means effective policies are needed to stimulate demand and re…
Much to retailers’ surprise, old man winter didn’t deter consumers from the post-holiday clearance sales. Merchants posted better-than-expected January results despite the dreadful weather that had caused many analysts to cool …