corporate spending

Post Office vs. Amtrak: Which One Is More Wasteful?

For years now, the United States Postal Service has been the poster boy for government waste, but that organization may now be getting a run from another favorite target of government inefficiency: Amtrak.

Intel Lowers Third-Quarter Revenue Forecast

Intel issued a third-quarter warning, saying its revenues will come in lighter than expected due to softening consumer demand for PCs. It now expects to bring in revenues of $10.8 billion to $11.2 billion, compared with its previous guidance of $11.2 billion to $12 billion.

Romer Resigns: A Chance to Reset Economic Policy?

The departure of Christina Romer as chair of President Obama's Council of Economic Advisers ought to prompt a rethink of U.S. economic policy -- but it won't, even though Friday's jobs numbers showed tepid progress on creating jobs for the millions put out of work by the recession.

How Can U.S. GDP Grow If Consumers Become Savers?

The consumer savings rate jumped to 6.4% in June, the highest it has been in a year. But this isn't exactly good news. Sure, it's a natural response to the crisis, but it's spending that drives GDP growth. So where will the next GDP growth surge come from? Our writer's theory: Corporate fear.

Companies Are Buying Back Shares, Not Hiring

With many companies flush with cash, many had hoped that they would fuel the recovery by hiring and spending. Instead, some companies are returning the money to investors through share buybacks. Find out how this could impact the economy.