Americans in Debt: Just How Bad Off Are We?

There are a number of possible reasons the recovery has been slower than expected. Foreclosures. Banks making fewer loans. American companies doing more of their hiring overseas. The adoption of new regulations to stop another financial crisis. My colleague Roya Wolverson has discussed, here and here, the things that could be a …

Portugal’s Debt Downgrade: Why Nobody Cares

Eurozone shmurozone. Tired of the constant stream of bad news coming out of Europe? You’re not the only one. Even the investing gurus are starting to yawn at the apocalyptic headlines about debt-riddled Portugal and Greece. If the global economy were going to blow because of the debt problems boiling over in Greece, shouldn’t it have …

Everything at IKEA Is Getting Cheaper

This is no short-lived sale we’re talking about. The company is simply continuing its never-ending quest to produce a decent coffee table, among other products, at the lowest price possible. While most retailers devote much of the time trying to figure out how to charge more for the goods they sell, IKEA’s thrifty, minimalist …

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