Unrest across the Middle East is pushing high oil prices higher, and that’s having a cascade effect that feels a lot like inflation as these higher prices bubble through the economy. Still, that’s not enough reason for the Fed …
Washington now spends that much more than it did a mere three years ago. But trying to figure out what we’re getting for all that extra money is no simple matter. A lot of slicing and dicing does yield some answers — none of w…
Goldman Sachs drew some undeserved ire when it recently pointed to proposed cuts in federal spending as a key near-term risk. While the proposed cuts are modest, they could still undermine the rebound at a critical time.
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The latest reports on home sales and prices offer a complicated and conflicted picture. But when the data are taken together, one thing is clear: Weighing risk and reward, it’s worth waiting a few months to see which way the re…
As the economy improves, Americans have begun splurging again. But they’re limiting their indulgences to haircuts, casual dining and coffee, while continuing to forego many bigger expenditures, like vacations and dining at expe…