Inflation has inched higher in the past six months, but that’s not a danger sign, but rather a harbinger of improving economic conditions and a strengthening recovery. And that, in turn, should lead to higher wages and more hir…
As much as the market and Corporate America may like what they heard in the president’s speech Tuesday night, history shows Obama’s reelection in 2012 remains pinned to boosting Americans’ income growth to at least 3%. Problem …
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 …
It’s clear the U.S. economy is suffering from a lack of demand. So, this poor report will likely bolster Fed officials who want to keep interest rates low and employ more quantitative easing.
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September’s consumer sentiment level unexpectedly rose to 68.2 from its preliminary 66.6 reading. However, the entire gain came from more positive responses among households earning under $75,000 — those who wouldn’t be affect…