Word: risinger
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Why? Because I think those details would be useful, and not just for the intellectual edification of policy wonks. Details could also help tamp down what I suspect is a rising (though not yet obvious) anger in the U.S. among those who (as a President you worked for in the...
Today is Cyber Monday, the day for shoppers to surf the Web for special deals. As more people feel comfortable making purchases online, Web retailers expect to draw a rising share of holiday purchases. But with the credit crunch and financial meltdown contributing to the massive pullback in spending, will...
As the Big Three automakers seek a $25 billion federal government bailout to avoid financial collapse, angst is rising among the auto behemoths' suppliers, and in the communities they support.
Experts say the suppliers most vulnerable to collapse are those whose businesses are heavily dependent on the ailing U.S. automakers, or on raw materials for which rising costs cannot be easily passed onto the automakers. Kimberly Rodriguez, automotive industry analyst at Grant Thornton, says concern about how suppliers will be...
The gloom-and-doom camp makes a persuasive case. Nouriel Roubini, a professor at New York University, had been warning for years of the dangers of an international financial implosion - and the current economic crisis proved him depressingly right. In a recent article Roubini has laid out a bleak scenario...