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The 'muddle through' economy
by
Jan 13, 2012
After all the talk of booming holiday retail sales, December's numbers were up by just a tenth of a point.
Shopping mall vacancies slowly declining
by
Jan 9, 2012
Vacancies at malls were down at the end of 2011, in part because new construction has stalled.
Recovery in sight for U.S. shopping malls
Interview by
Feb 8, 2012
A sign the nation's economic health may be continuing to improve -- the real estate data company Reis reported today vacancies at shopping centers were down at the end of 2011. It's the first time that's happened in four years.
Sears, Kmart to close stores after disappointing sales
by
Dec 27, 2011
Following dismal holiday sales in a year that was strong for other retailers, Sears and Kmart will shut down over 100 stores.
PODCAST: Six months of rising sales, raising a glass of bubbly
by
Dec 13, 2011
The Federal Reserve officials meet today to discuss the slow domestic recovery, the ongoing crisis in Europe, and a plan for better communication surrounding its actions. In Russia, billionaire Mikhail Prokhorov announced he will run for president against Vladimir Putin in next spring's elections. Wall Street types can expect smaller bonuses this year, but many are thankful to just have a job.
Americans spending more on cars, clothing and furniture
Interview with
Dec 14, 2011
American consumer spending is up, but shoppers are more conscious this time around -- and Black Friday might have been the high point of spending for a while.
Americans purchase more even as net worth shrinks
Interview with
Dec 10, 2011
From July to September, American families purchased more, even as their net worth shrank faster than it has at any time since the worst of the financial crisis.
Mid-day Extra: Streamlining holiday shopping
Interview by
Dec 8, 2011
With increased competition from online retailers, stores across the country are taking steps to make the holiday shopping experience a bit faster.
Mid-day Extra: Victoria's (not so) Secret branding
Interview by
Nov 29, 2011
Tonight, the Victoria's Secret Fashion Show airs on TV. What does the company gain by putting on such a show?
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