Shallow Recessions, Shallow Recoveriesmore similar news »
Economic recoveries in the decade after World War II were brisk affairs, but then they slowed. After stabilizing in the 1980s and 1990s, they seem to have taken another step down.
Stocks Lower After Consumer Datamore similar news »
Wall Street lost ground on Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed.
Consumer Spending Slowed in Julymore similar news »
Spending slowed for the second consecutive month and personal income fell as the effect of economic stimulus checks tapered off and inflation lingered, the Commerce Department said.
Allianz in ‘Advanced Talks’ on Dresdner Salemore similar news »
With the planned sale of Dresdner Bank to Commerzbank, Allianz is set to abandon the biggest experiment in German finance of the last decade in favor of a global trend: focusing on core competencies.
