<div id="subtitle">Price decreases are rare bright spot in bad economy</div><div><p>The one bright spot for consumers in an otherwise dreadful economic downturn is a dramatic drop in prices. That's underlined in the government's Consumer Price Index for December, which showed prices declined 0.7 ...
<div><p>US consumer spending dropped 0.2 percent in March after two monthly increases, as American income levels fell, government data showed Thursday.</p><p>The Commerce Department said personal consumption expenditures, a main driver of economic activity, reversed course last month after surprising gains in January ...
<div id="subtitle">Numbers are bad, but not as bad as expected</div><div><p>The percentage of the U.S. work force out of work in May jumped to 9.4 percent, the highest rate since 1983, according to the Labor Department's monthly report. But behind that headline number ...
<div id="subtitle">Recovery may be "sluggish and uneven"</div><div><p> The White House this week ridiculed Newsweek Magazine's cover that declared “The Recession is Over,” but the Federal Reserve reported Wednesday that, if the recession isn't over, it's getting close. </p><p>In ...
