Category: Business

Consumer Spending and Total Incomes Americans were so depressed in November about the country's direction and so hateful towards George W. Bush they .... went to the shopping malls …

There were four noteworthy elections in 2007 with direct business ramifications: 1. Voters in New Jersey rejected a stem-cell research public spending bill. 2. Voters in Oregon rejected a …

In addition to multiple vetoes of the Democrats' surrender plans for Iraq, the president in 2007 was forced to break out the veto pen for a few business-related items: …

I know Jayson Javitz has already explained the sub-prime mortgage market and its implications, but some readers complain he uses too many words. So, here is Merle Hazard with …

Housing Market Following an unprecedented boom the U.S. housing market in 2007 underwent a *severe* correction. Existing and new home sales dropped sharply and are at their lowest levels …

Total incomes in 2007 grew substantially above inflation. Growth in total salaries and wages outpaced inflation. 5.8% - growth in total incomes 4.6% - growth in total wages and …

Energy For the second time in a week the Senate GOP and oil industry-aligned MediaCrat Mary Landrieu blocked the Democrats' attempt to pass a liberal energy bill laden with …

This is the 10th of a series of posts about the year's major business stories: SEC The Republican-led Securities and Exchange Commission adopted in 2007 a number of very …

Retail Sales Retail sales in November increased 1.2%. That was twice the gain expected by economists. Consumer spending accounts for 70% of all economic activity. Club Fed On Tuesday …

Gumbmint Regulation Clinton-nominated federal district court judge Anthony Ishii on Wednesday ruled against the auto industry and in favor of California AG Jerry "Moonbeam" Brown on the issue whether …