green shoots
| 3:15PM 1/21/2010
Things were looking bleak for Laura Heller. Laid off from her job of 10 years as a senior editor for a retail trade magazine, she was trying to get her freelance business started, but it was slow going. Then she got a call from her neighborhood Trader Joe's Supermarket. "You've won a $25 bag of...
| 5:30PM 6/26/2009
Just put these two stats in the category of more 'green shoots' for the U.S. economy. Personal income and consumer spending both rose in May, the U.S. Commerce Department announced Friday, boosted by the federal government's stimulus checks and tax cuts.
Personal income jumped 1.4 percent and...
| 2:30PM 6/22/2009
Leave it to Dr. Doom, NYU economics professor Nouriel Roubini, to talk about an upcoming correction on a day the markets drop over two percent. Today, he added his voice to those predicting a double-dip, W-shaped recession. Roubini, who used to be nearly alone when he made his pessimistic calls, is...