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The number of newly laid off workers seeking unemployment benefits dropped much more than expected last week. ...more
May 9, 2008
You won't hear the R-word much in the modest governor's mansion in Helena, Mont. ...more
February 24, 2008
A weak holiday season and a struggling economy led retailers Sharper Image Corp. and Lillian Vernon Corp. to file for bankruptcy this week, and analysts predict others could soon follow them as consumer spending worsens. ...more
February 21, 2008
Major retailers' cautious ordering of goods is expected to salvage what could have been dismal fourth-quarter profit, but the 2008 outlook looks more sobering. While stores can manage how much merchandise they order, they can't direct consumer spending - which is on the skids. ...more
February 15, 2008
Starbucks Corp. is experimenting with a cup of coffee for its stores that would add a new, premium product to help fight the first drop in U.S. customer visits in its 37-year history. ...more
February 15, 2008
The U.S. trade deficit shrank more than forecast in December and showed the first annual drop since 2001 as the faltering economy eroded demand for imported autos and Chinese-made consumer goods. ...more
February 15, 2008
Retail sales posted a surprising rebound in January following a dismal December, though much of the strength reflected rising gasoline prices. Economists saw the increase as a temporary blip rather than a sustained recovery. ...more
February 14, 2008
Urging quick approval of a $150 billion stimulus plan, Bush said an infusion of consumer spending is needed to stave off a recession. Although House leaders have approved the plan, Senate Democrats are expanding it to include money for Social Security recipients and an extension of unemployment benefits. Bush warned this "would delay or derail it, and neither option is acceptable." ...more
January 29, 2008
The success of the federal $150 billion emergency economic stimulus plan will hinge on whether American consumers do what they do best - spend, spend, spend. ...more
January 26, 2008
If you get a pay envelope, Uncle Sam's about to put a little something extra in it. Then he wants you to go out and spend, spend, spend. ...more
January 25, 2008
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