by Julie Strickland | May 19, 2012 | Economy
By Julie Strickland By the time Reese Ong graduated from college in 2007, she was over $10,000 in credit card debt. Ong, 27, got store cards with Macy’s and Victoria’s Secret just before her sophomore year of college. One cold night at a baseball game, she...
by Julie Strickland | Apr 29, 2012 | Economy
By Julie Strickland The consumer-spending boom isn’t over, but it is on shaky ground. Salaries and wages are expected to reflect a continued increase for the month of March, but a modest one of around 2.5 percent. Consumer spending will grow around 0.6 percent, a...
by Julie Strickland | Mar 30, 2012 | Economy
By Julie Strickland Americans went shopping last month despite having little extra cash in their wallets. Spending for the month of February saw its greatest boost in seven months, jumping from a 0.4 percent rise in January to 0.8 percent in February, according to the...
by Julie Strickland | Mar 17, 2012 | Economy
By Julie Strickland, NYCity News Service Generations X and Y are doing better than their Baby Boom counterparts when it comes to saving for retirement. 401k balances among young workers are increasing at a faster rate than for Baby Boomers, according to a study by the...
by Julie Strickland | Mar 2, 2012 | Economy
B y Julie Strickland, NYCity News Service Personal income grew modestly in January, but Americans are not embarking on a spending spree just yet. The increase in income was small at $37.4 billion, compared to $60.2 billion in December, according to the Bureau of...
