Stacey Vanek Smith
May 17, 2013 Retail sales rose a tenth of a percent in April. Why are people spending more and are they going back into credit card debit over these purchases?
May 1, 2013 "A little bit of inflation is our friend, not our enemy," says Prof. David Blanchflower
May 1, 2013 In February, we declared inflation dead after years of easy monetary policy and negligible consumer price increases. As the Federal Reserve concludes yet another meeting to keep inflation six feet under, we ask if it's time to bring inflation back from the dead.
Apr 29, 2013 U.S. personal income and consumer spending increased by 0.2 percent in March. Julia Coronado, chief economist with the investment bank BNP Paribas, discusses the numbers and what they mean for the economy.
Apr 26, 2013 A Visa study finds that prom costs about $1,100 -- but kids from families with incomes under $50,000, and kids with single parents, spend more on prom. Turns out there’s a long tradition of chastising the poor for spending “too much” on big life events.
Apr 18, 2013 Every month, the Bureau of Labor Statistics sends hundreds of workers out to stores to gather prices of about 80,000 goods and services. But there's a new computer program that combs through the Internet and grabs prices.
Apr 15, 2013 After a dazzling rise to more than $1,900 an ounce, the yellow metal has clearly lost its luster. The price of bullion has slumped by 10 percent since the end of last week, down to $1,420 an ounce.
Apr 1, 2013 Consumers had a strong February -- spending jumped 0.7 percent and personal income rose 1.1 percent.
Mar 14, 2013 The producer price index -- prices received by U.S. companies -- rose 0.7 percent last month, its largest uptick in five months. Diane Swonk, chief economist with Mesirow Financial, explains what's behind the rise and whether the U.S. should be worried about inflation.