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Shallow Recessions, Shallow Recoveries more»»
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.
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Stocks Lower After Consumer Data more»»
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.
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Consumer Spending Slowed in July more»»
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.
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