The road from recession to recovery is rarely smooth, straight or short. It comes with detours, forks and even dead ends.
And sometimes surprises.
Personal incomes, consumer spending up in December
Personal incomes rose more than expected in December and consumer spending increased for the third straight month, helping the economy slowly recover from the worst recession in decades.
U.S. economy seems to be stuck in neutral
The recession’s steepest plunge may have ended last summer, but the U.S. economy remains stuck in neutral, according to the latest Adversity Index from Moody's Economy.com and msnbc.com.
Retail sales fall unexpectedly
Retail sales unexpectedly fell in December, leaving 2009 with the biggest yearly drop on record and highlighting the formidable hurdles facing the economy as it struggles to recover from the...
The Trillion Dollar Meltdown: Easy Money, High...
We are living in the most reckless financial environment in recent history. Arcane credit derivative bets are now well into the tens of trillions. According to Charles R. Morris, the...
The End of Prosperity: How Higher Taxes Will Doom the...
Arthur Laffer -- the father of supply-side economics and a member of President Reagan's Economic Policy Advisory Board -- joins economist Stephen Moore of The Wall Street Journal editorial...
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