The Obama Administration is having pretty much the worst week ever, but somewhere amidst the fog of scandal lies some pretty good news about the budget deficit, namely that the Congressional Budget Office (CBO) is predicting it will be much smaller in 2013 than was projected just a few months ago.
That’s right, the federal budget …
WASHINGTON — Sharp drops in fuel and food costs reduced a measure of U.S. wholesale prices in April by the most in three years. Outside those volatile categories, inflation stayed low.
The producer price index, which measures price changes before they reach the consumer, fell a seasonally adjusted 0.7 percent in April from …
The previous upturn in housing prices faltered after a year, but all the signs suggest that the current home price recovery will be sustainable.
We’re gambling almost as much as we were before the recession, and the biggest growth comes from an unlikely state.
Wealthy Americans don’t really think that good times are here again for the economy. But they’re going on shopping sprees anyway, with increasing sales seen for luxury hotel stays, high-end automobiles, and more.
Gold and other commodities seem to be signaling that the U.S. economy is sluggish and will get weaker still.
So much for scaling back. The world’s rich and elite — or those who just want to appear so — have been cracking open their wallets in a big way lately, and luxury automakers are the beneficiaries.
A stronger dollar could be a bellwether of an improving economy and a brighter outlook for U.S. stocks.
Many of the costs faced by typical American households are rising faster than the official inflation statistics indicate.
You only quit a job when you’re confident you can find something better. And in December, more Americans since the start of the recession felt good enough to pack up their desk and look for employment elsewhere.
Wall Street dealmakers are off to a busy start to 2013, as some of corporate America’s most recognizable names have become involved in multi-billion-dollar mergers and acquisitions. Just yesterday, American Airlines and US …
A host of factors outside of the government’s control will likely hold back the economy for at least another year.
