Jason Bauer, CEO of the popular Crumbs Bake Shop, isn’t worried about competition. In fact, he welcomes it. But with his company going public and with plans to expand from 34 stores to 200, he’ll have to avoid the pitfalls of o…
It took about 10 years of decisions for the federal budget to get more than a trillion dollars out of whack, and it’s going to take at least five years to balance it again. The only way to do it is piece-by-piece, with equal sa…
U.S. shoppers piled up the presents under their Christmas trees, but retailers were still a bit disappointed. The Commerce Department’s official tally shows what many suspected: Consumers did most of their holiday buying early …
There’s no way to sugarcoat it: The U.S. job deficit is huge, and it will take years to fix. But investors shouldn’t become too pessimistic. America’s economy has the capacity to adapt and renew itself faster than many folks ex…
Up to now, they survived the downturn with minimal damage. But that’s changing, even as the economy rebounds. Unemployment among people under 25 with a bachelor’s degree is now 9.6% vs. 5% just two years ago.
C…