1. The Economic Crisis Takes a Virulent TurnThe word credit comes from the Latin "credere" which means "to believe, or to trust." That's really all you need to know about the mode

Friday’s successful launch of Dollar General’s (DG) IPO suggests the recession is a good time for deep discounters, or stores that offer rock-bottom prices to cash-strapped shoppers.Dolla

The October retail sales numbers released this morning present a very mixed bag. Excluding autos, strategists say they looked mediocre at best. More to the point, the recent decision of corporate ins

Many people are finding the holiday tradition of making charitable donations difficult again this year, particularly if they're unemployed or worried about the economy. Charities, many of which norma

Farewell, KB Toys, Circuit City, Mervyn’s, and Linens ‘n Things.Each retailer, now defunct, offered good prices, but that’s not enough in a recession. Quality and brand strength cou

The US economy appears to face a classic chicken-or-the-egg conundrum: The economy is slow because consumers aren’t spending, and consumers aren’t spending because the economy is slow, gi

1. Behold, the Green Shoots!It's a good day to be an optimist. A couple of datapoints out this morning surprised to the upside by a significant margin. First, the Institute of Supply Managements' fac

There was a time I loved Martha Stewart. Well, actually I loved her magazine, Martha Stewart Living. Since I had already succumbed to the cheap side of the force, there was no way I was going to actu

One reason why NBC's comedy The Office has achieved such broad appeal is because anyone who has ever worked in an office anywhere can relate to it. Whether it's the incompetent boss, the drab office

Well, look at it this way: After today, only three days till the weekend.Asian stocks rose overnight. The Hang Seng and the Nikkei were up 0.79% and 0.6% respectively. However, European stocks were i