National Deficit Grows on Higher Government Spending

The deficit grew to a higher-than-expected $150.4 billion in November as government spending increased for the month. But November brought some bright spots as well: Federal revenue also grew at a higher rate in November, which…

A Dose of Bah, Humbug for Holiday Sales Growth

Rising retail sales are adding to the list of positive economic developments as 2010 winds down. But how important are holiday sales in the larger scheme of things? Investors may be giving too much credit to what turns out to …