More than a year after the technical end of the Great Recession, millions of Americans still have a hard time stretching their dollars until the first of the month, or even the next payday.
The most ancient traditions of Islam are going high-tech, with a slew of modern offerings for those observing the holy month of Ramadan, which began Wednesday.
The most ancient traditions of Islam are going high-tech, with a slew of modern offerings for those observing the holy month of Ramadan, which begins this week.
If the generally accepted notion that the domestic economy is one fueled by the consumer, then I suspect more than a few cages were rattled this past week. What I am referring to is the rash of retail sales data out over the past several days, which reinforced the view that consumers continue to stretch their budgets amid high unemployment and a weak job market.
Wall Street remains caught in a tizzy over a power outage in the credit markets. But Main Street is in fine economic shape, according to the latest reports out of Washington.
