Roughly one out of every 11 store sites is empty at traditional malls around the country. That’s the highest mall vacancy rate in over a decade, even though rents at these properties are likely to have decreased or leveled off …
recession
Is the Stock Market Finally Bouncing Back?
The Federal Reserve provided some clarity to the financial markets, but investors aren't out of the woods yet.
Handle With Care: Market Crash Underscores — and Perhaps Causes — Fragile Consumer Confidence
Wells Fargo stock market analyst Al Goldman, who’s followed stocks for 50 years, once said, “Two emotions rule the stock market. One is greed and one is fear.” Make no mistake, greed is still alive and well on Wall Street. But …
Take This Job and Shove It: Why Most Workers Hate the Company They Just Left
In a new survey, roughly 75% of workers who left their jobs say they absolutely would not recommend the employer to other job seekers. In 2008, only 42% of employees in the same situation recommended steering clear of the companies they’d recently parted ways with.
Where Are Wall Street’s Value Investors?
Updated: 3:40 p.m.
Notwithstanding the modest bounce-back on Tuesday morning, Monday’s precipitous stock market decline probably won’t be the last of the ongoing meltdown, Wall Street seems to be saying.
One big reason for …
The Faulty Logic Behind the Market Sell-off
With the debt deal concluded, you might have expected global markets to have rallied. Instead, the Dow Jones industrial average closed down 266 points yesterday, or 2.2 percent.
The reason? There is a growing consensus among the …
60 Money Tips: Cheap Dates She’ll Love, Spending Sins, Smart Tips for Saving at the Mall
One suggestion that may make financial sense, but that’ll probably make for a seriously uncomfortable conversation around the dinner table, will begin with you asking: “Hey dad, I was thinking of taking a life insurance policy on …
Message to Businesses: Uncertainty is Here to Stay
The jobs report was bad enough. But it’s hardly the only indication of continuing trouble for the U.S. economy. Released at the end of June, U.S. Bancorp’s annual survey of nearly 3,000 small businesses confirmed what many …
Why the Rich Shoplift More Than The Poor
Shoplifting costs U.S. businesses more than $30 billion a year, but studies show it remains an underreported crime — and one on the rise in the wake of an improving economy. While people seem to be drawn to more “ethical …
Homeownership: Still Popular But Not Seen as a Smart Investment
Americans have long overindexed on the value they place on owning a home when compared with people in other western countries. That white picket fence in the age-old imagery of the American Dream? That stands for real estate.
Getting Ready for a Black Swan
The biggest stock market surprise could be an unexpected economic rebound.
“If you think unemployment is a bigger problem than inflation, that's good. If you think the threat of inflation is a bigger problem than unemployment, that's bad.”