It’s no secret that many consumers are saving more. After hitting zero four years ago, the personal savings rate jumped to 5.9 percent in May before dropping to 3 percent in August as consumers took advantage of the short-lived cash-for-clunkers auto rebate program(...)
Is strategy dead? Chief strategy officers will deny it. Some strategy consultants may reject the idea, too. But, right now, markets are unpredictable. The economic outlook is uncertain. The world has changed. If old-style strategy formulation is not exactly dead, then it is hardly in the best of health(...)
My daughter recently reached a dubious milestone in her life: She received her first credit-card solicitations in the mail. "great rate is just the beginning" read one of the offers, which were targeted at college students. Problem: My daughter is not a college student. She’s 12 years old(...)
WASHINGTON -- Senate negotiators reached a tentative deal to extend a tax credit for first-time home buyers, but its passage remains uncertain(...)
Apparently, the worst has passed for the biggest economies of the world, and recovery has begun. The global recession "is ending," according to the latest World Economic Outlook from the International Monetary Fund (IMF), released on October 1 in Istanbul. The IMF raised its global growth forecasts due to the strength of Asian economies, and cited positive signals from other regions(...)
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