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Deflation, superficially, is not such a bad thing…after all, when prices go down, consumers can afford more. After dealing with so much inflation over the past couple of years, hearing a different word is a change, but is it a welcomed change?
The Fed has cut …

Layaway, something that was brought about by retailers during the Great Depression, lost its appeal around 20 years ago, but this holiday season, its making a comeback.
For the first time in years, stores (including large retailers like K-Mart) are advertising their layaway departments. However, many …

Construction for new homes has hit a 17.5 year low and signals the worst housing slump since the Great Depression. According to a report released by the Commerce Department, new house construction dropped 6.2% to an adjusted annual rate of 895,000 new homes this year. …