The third-quarter earnings season got off to a reasonably positive start for retailers, with department stores hoping colder weather heats up holiday sales, even as shoppers continue to prefer discounts and generally hold back …
If stocks are rising, that should mean the economy is improving. Yet even though the S&P 500 has soared 80% from its March 2009 lows, 70% of Americans don’t believe the recession is over. Which side has a firmer grasp of realit…
The pace of manufacturing activity unexpectedly accelerated in October, the Institute for Supply Management said Monday, and key measures for new orders, production, and employment also showed signs of increasing strength.
…
Manufacturing activity in the mid-Atlantic region showed modest improvement in October, according to the Federal Reserve Bank of Philadelphia, which saw its Business Outlook Survey rise to 1.0. However, despite that return to p…
New claims fell by 23,000 to 452,000 last week, but that’s offset somewhat by the prior week’s total being revised upward by 13,000. The numbers were a little better than expected, but still not enough to indicate a recovery g…