Leading Indicators Rose in August but Point to Tepid GDP Growth

August’s better-than-expected, 0.3% increase in the Leading Economic Index can be interpreted two ways, depending on whether you view the glass as-half-empty or half-full.

The pessimist would say it provides further evidence that the U.S. economy is …

Two Years Later: The U.S. Economy Still Needs a Spark Plug

The capital markets have recovered nicely from the depths of the financial crisis’s despair, though skittishness remains. What the economy sorely needs now is the next big thing — perhaps a new technology that boosts business …

Americans Saving More as Debt, Job Worries Mount

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.
Continue r…