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 …
When it comes to predicting the U.S. economy, who has the best crystal ball? Lou Crandall, chief economist at economic advisory firm Wrightson ICAP, according to Bloomberg Markets magazine’s new list of top analysts released Th…
With the fears of a European sovereign debt crisis growing worse, the Spanish government said Wednesday that it’s taking several measures to stop the fiscal contagion from reaching its shores, including selling a 30% stake in i…
With the fears of a European sovereign debt crisis growing worse, the Spanish government said Wednesday that it’s taking several measures to stop the fiscal contagion from reaching its shores, including selling a 30% stake in i…
Initial jobless claims dropped by 34,000 to 407,000, much lower than expected. The numbers suggest that the labor market is slowly improving, and nearing the point of reversing the negative trend driven by the deep recession.
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