In a special online-only video, Paul Solman examines how the company “Not Your Daughter’s Jeans” is faring as currency values, trade alliances and consumer spending shift in the global economic crisis. You can find the answers to all the “rag … Continue reading
Several U.S. companies reeling from the economic downturn announced a total of some 45,000 job cuts on Monday. Analysts assess what the employment situation signals about new government efforts to revive the economy. Continue reading
Question/Comment: It seems to me there’s been a shift in market thinking in the recent past. I’m not sure that it’s my responsibility to go out and shop to keep businesses afloat; I always thought that it was business’ responsibility … Continue reading
Question/Comment: We’re told that lower consumer spending will make economic recovery much more difficult. We’re admonished that we don’t save nearly enough, and are among the lowest among industrialized nations. So which is it: spend or save? Paul Solman: The … Continue reading
On Tuesday, Dec. 16, Paul Solman looked at the psychological causes and effects of low consumer confidence through the holiday season.
Amid the shopping frenzy of “Black Friday” — the traditional after-Thanksgiving kick off to the holiday shopping season — retailers are looking to holiday sales to boost their sagging balance books. Jeffrey Brown talks to analysts about how the retail industry is faring. Continue reading