Word: financees
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The thing is, on the basis of conversations with retailers, the folks at BDO figure that the vast majority of that 37% drop is due not to firms' inability to finance purchases but but to their anticipating that consumer spending simply won't be there to match.
Two economists who are advising the presidential candidates on health care policy discussed the merits of each candidate’s plans at a debate held at the Petrie-Flom Center at Harvard Law School yesterday. Economics professor David M. Cutler, a senior advisor to Democrat Barack Obama, and University...
His worst-case scenario: a repeat of the Asian crisis of a decade ago, when regional economies and governments were convulsed by devastating recession. That prospect still seems remote. Growth in Asia has remained relatively robust in 2008 and financial sectors sound. But Asian stock markets, most of which have...
Thousands of Indians like the Reges are having similar doubts. Just as credit-happy Americans are being brought low by a housing-market meltdown and slowing economic growth, so too are Indians learning the downside of personal debt. Over the past five years, Indian banks, finance companies and retailers introduced...
If that message begins to get through over the next few weeks, this low point in finance and politics could be a starting point for national renewal. The plan's supporters hope that a swift injection of capital into the financial system will help Wall Street start over so it...