| Sep 30, 2013
| 1:41 PM
Advertising spending in the U.S. and Canada is expected to grow 4% next year, according to newly released forecast by ad giant ZenithOptimedia.
This year, spending is expected to inch up 3.4% in North America, slowing a bit after last year's infusion of...
| Oct 30, 2013
| 6:18 AM
Monthly Social Security and Supplemental Security Income (SSI) benefits for nearly 63 million Americans will rise 1.5 percent in 2014, one of the lower costs of living adjustments, the Social Security Administration has awarded.
Last year, the...
| Dec 3, 2013
| 5:19 PM
The stock market suffered its first three-day losing streak since late September, an indication that share prices may have gotten ahead of themselves in this year's furious rally.
The Dow Jones industrial average slid below 16,000 as portfolio...
| Oct 29, 2013
| 10:38 AM
You have to hand it to the Peter G. Peterson Foundation for its craftiness. The offspring of hedge fund billionaire Pete Peterson, the foundation knows no obstacles when it comes to pushing its agenda of cutting government spending, especially on Social...
| Nov 5, 2013
| 6:00 AM
We've documented how the chained CPI--that new and supposedly "more accurate" inflation index that deficit hawks want to impose on Social Security--is really just an unwarranted benefit cut for the elderly. (You can find some of our columns on the topic...
| Nov 21, 2013
| 7:41 AM
We've been making the case for years that the proper approach to Social Security is to expand it -- increase benefits and bring more people into its embrace, including college-age survivors of deceased workers. Sen. Elizabeth Warren (D-Mass.) has now made...
| Oct 24, 2013
| 8:10 AM
We'll be seeing lots more data like these, but the White House Council of Economic Advisers is reporting that the government shutdown took a huge bite out of economic growth--and that the impact will linger.
The chart above shows the effect on economic...
| Dec 4, 2013
| 5:38 PM
WASHINGTON — The nation's economic recovery, seemingly stuck in another pothole after the 16-day federal government shutdown, now looks to be back on track again — and accelerating into the new year.
Recent data, especially this week, have...
| Dec 5, 2013
| 5:09 PM
A one-day strike was held Thursday by fast-food workers in cities around the country, including Hartford, in support of raising the minimum wage. Democrats in Congress are pushing a bill that would gradually raise it to $10.10 an hour from $7.25 and...
| Sep 30, 2013
| 6:19 PM
WASHINGTON — The last time the federal government shut down, for three weeks in the winter of 1995-96, the American economy felt a jolt but recovered quickly.
Things don't look anywhere near as promising this time around.
The nation is currently...
| Oct 1, 2013
| 6:17 PM
U.S. monthly auto sales declined in September for the first time in more than two years, in part because of a calendar quirk that landed Labor Day weekend sales in the August report.
Automakers sold a little more than 1.1 million vehicles last month,...
| Oct 3, 2013
| 12:26 PM
The National Retail Federation released its holiday predictions Thursday morning, noting that holiday sales will be significantly impacted by the actions of the federal government in the next 45 days.
“Our forecast is also somewhat hinging on...