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 …
The Economy
5 Ways to Keep Economic Crisis from Driving You Crazy
Everywhere I turn, I see tales of financial doom and gloom. The stock market is crashing! The dollar is inflating! Oil is peaking and homes are foreclosing! If you listen to the breathless media, it’s 2008 all over again.
“At this point, consumers can’t be expected to lead the economic recovery.”
Are Much Cheaper Car Prices Coming Soon?
For months, factors ranging from the rise in gas prices to the Japan earthquake-induced decline in supply have driven the selling prices of new and used cars alike to all-time highs. Now that vehicle production is mostly back to …
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 …
Too Cute to Fail: Grandparents Bailing Out Their Grandchildren
When times get tough, big banks and auto companies have the government to bail them out. Kids have their grandparents.
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 …
Investment Outlook: S&P Downgrade Doesn’t Change a Thing
More bad news is on the way, but there are smart moves investors can make now.
Nothing Great About the Good Jobs Number
Here’s the bad news about today’s jobs report: It proves once and for all that we are in a slow growth economy. And that’s worse news than you think.
The Falling Stock Market’s Evil Twin: The Falling Dollar
A sinking dollar may be great for parts of the U.S. economy but it sure is tough on certain investors and retirees. Here's how to deal with the fallout.
Stock Market Plunge: Why Wall Street Hates the Debt Deal
Leading up to the debt ceiling deadline, everyone was talking about how the stock market would crater if Washington couldn’t reach a deal. In fact, just the opposite has happened. When it became clear last week that Washington …
If a Town Can Go Bankrupt, Why Can’t the U.S.?
On the heels of a federal debt deal that no one really wants comes news that tiny Central Falls, R.I., (population: 18,716) has landed in bankruptcy court. City fathers cannot pay retirement benefits promised to municipal …