The Early Line on Holiday Retail Sales: Up a Merry 5.5%

Shoppers did their part this holiday season, spending more on clothes, jewelry and luxury items than last year, according to new sales tallies from MasterCard SpendingPulse, which tracks purchases by credit card, cash and other…

Markets Have Posted Big Gains Since the Fed Launched QE2

Republican leaders may be worried about the Federal Reserve’s second round of quantitative easing, but the stock and credit markets are delighted: They’ve improved significantly since the plan was announced. But can the rally b…

Markets Have Posted Big Gains Since the Fed Launched QE2

Republican leaders may be worried about the Federal Reserve’s second round of quantitative easing, but the stock and credit markets are delighted: They’ve improved significantly since the plan was announced. But can the rally b…