U.S. Economy
Economy in Slow-Motion Financial Crisis Democrats have been taking victory laps the past few weeks, telling everyone how President Barack Obama saved the U.S. economy. Meanwhile, ordinary Americans are reeling from the slow-motion financial crisis sparked by the president’s bad economic decisions. That list unfortunately got a bit…
When it comes to retail sales, if you’re betting between bricks and bytes, go with the latter. U.S. e-commerce sales surged in the first quarter as traditional brick-and-mortar retail sales limped along. Despite the weak economic outlook, online sales continue to impress. More than a few stocks will…
The number of Americans filing for unemployment rose last week to a 14-month high. This coupled with weak April U.S. job numbers should have most analysts questioning the health of the labor market and, more broadly, the sustainable long-term strength of the long-suffering bull market. One industry that…