Archive for November 27th, 2011

U.S. Workers’ Sliding Share of Pay Poses Spending Risk

Sunday, November 27th, 2011

Income gains in the U.S. are slowing and workers’ slice of the earnings pie is shrinking, raising the risk that consumer spending slackens next year

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No Malls for Old Men: Black Friday Debunked

Sunday, November 27th, 2011

Amid not-so-low prices, hordes of mostly youthful shoppers stuffed carts with items they frequently couldn’t pay for in a ritual that meant little (unless you got pepper sprayed)

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Black Friday Deals Spur ‘Extreme Couponing’

Sunday, November 27th, 2011

Amanda Rottmueller, a 20-year-old nursing student, shopped on Black Friday for the first time, drawn by nighttime openings and the chance to treat herself.

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Can the Jobs-and-Income Crisis End Well?

Sunday, November 27th, 2011

Some economists believe that today’s grinding unemployment and slow growth are masking the transition to a vibrant digital economy

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Slower Growth in China’s Industrial Profits May Encourage Easing

Sunday, November 27th, 2011

Chinese industrial companies’ profit growth cooled, adding to signs of a slowdown in the world’s second-biggest economy that may encourage Premier Wen Jiabao to ease policies.

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France Sees Tougher Budget Rules Paving Way for ECB Support

Sunday, November 27th, 2011

Tougher budget rules are necessary for euro-member countries if they are to get more help from the European Central Bank in stemming the European sovereign debt crisis, French Budget Minister Valerie Pecresse said.

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Hiring Probably Failed to Cut Joblessness: U.S. Economy Preview

Sunday, November 27th, 2011

The pace of hiring in November probably failed to reduce unemployment in the U.S., showing employers remain concerned growth will slow, economists said before reports this week.

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Belgium Reaches Budget Deal After Credit Rating Cut by S&P

Sunday, November 27th, 2011

Belgium’s political factions reached a deal to reduce the leaderless country’s budget deficit, bringing it closer to forming a government after 531 days of post-election brinksmanship.

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