Oct 06 3 reasons Forever 21’s bankruptcy doesn’t spell the end of brick-and-mortar retailing By Anthony Dukes, The Conversation Three advantages physical stores still have over their online-only rivals. Continue reading
Nov 27 Why it’s OK to splurge on Black Friday, according to a behavioral economist By Kristen Doerer Dan Ariely says go ahead, buy that new ski jacket on Black Friday. As a behavioral economist at Duke University, he's studied how people can successfully indulge one day, and then resume normal spending practices for the rest of the… Continue reading
Mar 12 Watch Boost in Retail Sales Hints at Economic Recovery Retail sales increased in February, despite major snowstorms in the eastern United States and consistently high unemployment. Judy Woodruff talks to an economist about whether recovery could soon follow. Continue watching
Dec 24 Bah Humbug: The Case Against Holiday Presents In his new book, "Scroogenomics: Why You Shouldn't Buy Presents for the Holidays," economist Joel Waldfogel argues that giving unwanted presents is not just bad for those who receive them, it's bad for the economy as well. Continue reading
Oct 14 Retail Sales Up, but Auto Sales Sag Without ‘Clunkers’ By Dave Gustafson Retail sales for September fell by the largest amount this year, though most of the drop is attributed to cars sales plummeting at the end of the government's popular 'cash for clunkers' program. Continue reading
Sep 15 Watch Obama Touts Economic Policies in Health Care Push President Obama traveled to Pennsylvania and Ohio on Tuesday to tout his administration's economic policies. Separately, Federal Reserve Chairman Ben Bernanke said the recession is "likely over," but that a drop in the jobless rate is in all likelihood still… Continue watching
Aug 13 U.S. Retail Sales Sink After 2 Months of Gains Sales at U.S. retailers sank in July for the first time in three months despite the government's popular 'cash for clunkers' incentive program, indicating that the American economy faces a bumpy recovery from its worst recession since World War II. Continue reading
Aug 13 Watch Other News: Pakistani Forces Pummel Taliban Bases; Taiwan Dispatches More Aid In other news, Pakistani forces pummeled key Taliban bases near the Afghanistan border, and a double suicide bombing in Iraq killed at least 21 people. Continue watching
Jun 11 Retail Sales Up for First Time in Three Months By PBS News Hour Fewer Americans filed claims for unemployment benefits last week and retail sales grew in May for the first time in three months, raising expectations that the recession could be abating. Continue reading
Feb 12 New Jobless Claims Drop; Retails Sales Up Slightly By Admin, PBS News Hour Government reports show the number of new jobless benefit claims dropped to a seasonally adjusted 623,000, from 631,000 the previous week, while U.S. retail sales jumped 1 percent in January, reversing a six-month downward trend. Continue reading