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Perhaps it was all the bad news that made consumers decide to go out and spend a little money last month…Retail sales for January increased 1% from December. Economists were expecting an almost 1% decline in sales for January, but the increase is still an …

The economic downturn will be long, and severe based on the newest numbers turning up.
November showed a 5th straight month of retail declines. The decline was lead by the auto market, which saw the worst month is 26 years. They really need the bailout, …

Well, tomorrow is the “big day” as far as retail sales go. A news show ( I don’t remember which one) I was watching earlier said that every year, the Christmas season’s sales were higher than the year before…as long as its been recorded.
This year …

Dell is feeling the pinch along with the rest of the country. The now number 2 computer maker is taking a few steps in an attempt to cut back on spending.
First up is the five day unpaid vacation. It is voluntary, but it is a …

American Express is also going through some hard times, in an effort to cut $1.8 billion in 2009, it is laying off 7,000 workers, about the equivalent of 10% of its workforce. After four straight quarters of losses, not only is Amex going to …