Content about Economics

August 8, 2011

The U.S. economy still has a pulse, as evidenced in the slight increase of jobs in July as reported by the U.S. Bureau of Labor Statistics on Friday.

July 29, 2011

Lowering the maximum corporate tax rate could allow CVS Caremark to accelerate investments in U.S. jobs, technology and infrastructure — all of which could ultimately help lower healthcare costs and bolster the economy. That was a key message that CVS Caremark president and CEO Larry Merlo had for the Senate Finance Committee during a recent hearing.

July 26, 2011

Financial services firm Credit Suisse tabulated total basket increases of 2.7% year over year and 1% month over month for retail.

July 26, 2011

The bursting of the housing market bubble and the recession that followed took a greater toll on the wealth of minorities than whites, especially Hispanics, whose median household wealth plunged 66% from 2005 to 2009, according to a Pew Research Center analysis of newly available government data from 2009.

July 11, 2011

Weis Markets announced it has lowered the prices on 1,600 staple items and that it will freeze these new lower prices for 90 days through Oct. 8.

June 23, 2011

Nielsen unveiled this week at its Consumer 360 conference its new approach to product development, which is said to improve companies' chances of success when bringing new products to market.

June 22, 2011

Mr. Bubble, which celebrates its 50th birthday this year, has announced the launch of two new products: Mr. Bubble Fizzy Bubble Bomb and the Mr. Bubble Foam Soap twin pack.

June 20, 2011

If the Justin Bieber-inspired nail lacquer shades, One Less Lonely Girl, from Nicole by OPI are any indication of the success of Bieber-related 
products, then his upcoming women’s fragrance, “Someday,” is bound to spark Bieber fever.


June 14, 2011

Rising unemployment claims, coupled with rising food and energy prices, prompted a decline in consumer spending outlook for May, according to Deloitte.

June 14, 2011

Many American consumers are in favor of oral contraceptive coverage by both private and government-subsidized health insurance plans, according to a Thomson Reuters-National Press Radio Health Poll released Friday.

June 7, 2011

As evidenced by the 10% upswing in Better Business Bureau complaints over 2009, Consumer Reports will be sharing its survey around a consumer outcry of poor customer service in its July 2011 issue.

June 3, 2011

Walmart's board of directors has approved a new program authorizing the company to repurchase $15 billion of its shares, the company announced at its 41st annual meeting of shareholders Friday.

May 19, 2011

The National Retail Federation on Wednesday launched a 60-day lobbying, grassroots and media campaign aimed at ensuring that a new federal law — which is designed to save retailers and their customers more than $1 billion a month by lowering the “swipe fees" banks charge to process debit card transactions — takes effect in late July as scheduled.

May 17, 2011

OPI Products has inked a deal with the Miss Universe Organization to launch the Miss Universe Collection, with colors to be revealed June 14 in Las Vegas at a special event surrounding the 2011 Miss USA Pageant.

May 11, 2011

A new line of bubble products and toys sold under the Mr. Bubbles brand may soon make its way to retail.

April 25, 2011

NEW YORK — Within the next three months, a gallon of gas is expected to exceed $4.11, which previously marked the highest historical U.S. retail price set in July 2008. Prior to that, the highest that gas prices had ever been was $3.46 in March 1981. 


April 21, 2011

Weis Markets on Thursday reported a 7% increase in sales, to $18.6 million, for the 13 weeks ended March 26.

April 20, 2011

A survey released Tuesday by Deloitte found that consumer purchasing power was negatively impacted during the month of March.

April 6, 2011

U.S. consumers that opted to become more thrifty during the recession will face rising food costs with ease as they've mastered ways to stretch their money, according to new research by NPD.

March 30, 2011

The law firm of Brower Piven on Tuesday announced that a class action lawsuit has commenced in the Delaware Chancery Court on behalf of all shareholders of Drugstore.com, alleging violations of state law by the company’s board of directors relating to the proposed acquisition by Walgreens.

March 29, 2011

One could say that a job with the Food and Drug Administration would be the perfect way to get information about upcoming drug approvals and use it to profit handsomely from buying stock in the companies that manufacture the drugs before the information reaches the public.

March 18, 2011

Food prices reached peak levels last month, according to the Labor Department's Producer Price Index.

March 16, 2011

The National Retail Federation said legislation introduced Tuesday to delay swipe fee reform, which is scheduled to go into effect this summer, would block retailers from giving discounts to consumers who use debit cards and would cost merchants and the public more than $1 billion per month.

March 15, 2011

The Deloitte Consumer Spending Index rose to more than 4% during the month of February, thanks to slight improvements in two sectors.

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