by Mariya Pylayev | Apr 15, 2012 | Economy
B y Mariya Pylayev Retail sales likely experienced a modest increase in March, following suit with recent slower-than-expected job growth. Retail sales are predicted to rise 0.3 percent, according to a Bloomberg survey of 71 economists. The forecast follows a 1.1...
by Mariya Pylayev | Mar 31, 2012 | Economy
By Mariya Pylayev Smartphone use on the rise by mpylayev Young, tech-savvy American consumers have paved the way for rapid growth in smartphone use, de-elevating the internet capable, data-consuming devices from luxury to basic necessity. Nearly half of American...
by Mariya Pylayev | Mar 22, 2012 | Economy
By Mariya Pylayev Economist and former Federal Reserve chairman Paul A. Volcker spoke about the dangers of excessive spending and the necessity to revamp America’s political system at The Cooper Union in Manhattan on Wednesday, March 21. He delivered the 11th Annual...
by Mariya Pylayev | Mar 14, 2012 | Economy
B y Mariya Pylayev Rapid job creation and increased consumer confidence contributed to higher than expected retail sales in February. Overall retail sales improved 1.1 percent in February, following an upwardly revised 0.6 percent gain the prior month, said the...
by Mariya Pylayev | Feb 17, 2012 | Economy
By Mariya Pylayev Despite widespread pessimism concerning a modest rise in January retail sales, the figures were not as disappointing as some skeptics made them out to be. Overall retail sales rose by 0.4 percent in January, half the forecast, marking the fourth...