The core inflation rate -- which strips out food and energy prices -- slid to an annual rate of 1.4% in the third quarter from 2% in the second quarter. Low inflation, courtesy of a weak economy, giv

In 2005, Barron’s called him one of the 30 best CEOs in the world. Then Fortune placed his firm on its list of “Most Admired Companies”. One year later, American Banker presented hi

As we’ve all learned by now, hope is not a strategy.Still, Lowe’s (LOW) Chief Executive Robert Niblock tried to evoke that feeling of hopefulness in announcing the company’s dismal

It’s understandable to feel a bit sick when you’re trying to decide whether to throw your money into a hospital stock. But many analysts believe that, despite the current turmoil around h

Big sporting events don't always bring financial benefits to local retailers, and can often cause businesses not associated with the event to take a hit, according to the economists. For every visito

Major sporting events are often sold as win-wins to local taxpayers. Bidding on a game usually comes with the promise of extra local taxable spending and the positive publicity that will help draw vi

How much economic impact do large-scale sporting events -- like this week's World Series -- have on the host cities? Well, that depends on whom you ask. Sports leagues will say that the influx of fre

One of the most memorable moments from the 1992 Olympic Games in Barcelona came when Michael Jordan and the rest of the “Dream Team” received the gold medal for crushing their opponents b

Sales of new houses fell in September, sending many builders’ stocks lower Wednesday. It seems the market wrote checks based on previous good news from the sector that the economy can’t y

When hunger pangs strike, it’s no surprise that Americans prefer staying in rather than dining out as this struggling economy tries to find its footing.And, as everybody knows, the restaurant i