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Today the GDP was released and it showed the weakest economic output since the third quarter of 2001, however, it was only a .3% decrease…not the .5% decrease analysts were calling for.
The news caused the Dow to increase by almost 200 points in afternoon trading.
The …

Mervyns has been in business for 59 years, but now in these hard times, it has released a statement saying it will be liquidating all of its stores.
Mervyns filed for Chapter 11 bankruptcy in July and announced today that it will be liquidating its remaining …

Today information came out that stated that retail sales were down. Sales decreased 1.2% last month, meaning that we are very possibly facing a recession. With retail sales in the negative, the growth of the economy has probably hit a stand still and …