A Valentine’s Day Sales Forecast Retailers Should Love

Retailers should be swooning this year: Spending for the lover’s holiday is forecast to top $18.6 billion, a 5.8% jump in spending over 2010. That amounts to about $125 per person who buys a gift for that special someone.
…

The Missing Keys for America’s Economic Engine

Noted economist Gary Shilling says with U.S. consumers continuing their saving spree, repaying debts and remaining hesitant to spend like they did during the boom times, a meaningful economic recovery in the U.S may not materia…

National Deficit Grows on Higher Government Spending

The deficit grew to a higher-than-expected $150.4 billion in November as government spending increased for the month. But November brought some bright spots as well: Federal revenue also grew at a higher rate in November, which…