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There’s More Pain Ahead for Small Retailers in Amazon’s Crosshairs

By Lauren Thomas, CNBC

Amazon's "hulking shadow" just won't go away, and it's only going to grow, according to a new note from Moody's Investors Service. "Almost every sub-segment of retail is feeling the looming shadow of...
Why Cyber Criminals Are Interested in Your Kids’ Toys

By Beth Braverman

The internet of things has made its way into the playroom, with connected toys becoming big sellers, but the FBI is urging parents to think twice.
Most of US Love American-Made Goods, but Paying More for Them Is a Problem

By Timothy Aeppel, Reuters

Americans say they love U.S.-made goods. They are less enthusiastic, however, about paying a premium for them. At the AMES Companies Inc factory here, the wheelbarrows coming off the assembly line...
The US Dollar Takes a Hit as Doubts Grow About the Trump Agenda

By Richard Leong, Reuters

- The outlook for the U.S. dollar turned even more bearish on Tuesday after healthcare reform legislation again failed to pass in Congress, casting further doubt on whether the Trump administration...
US Home Sales to Foreigners Are Soaring: Here Are the Top 5 States

By Diana Olick, CNBC

Foreign purchases of U.S. residential real estate surged to the highest level ever in terms of number of homes sold and dollar volume. Foreign buyers closed on $153 billion worth of U.S. residential...

Here’s Why We’re Not Prepared for the Next Recession

By Mark Thoma

When will the next recession hit the economy? Nobody knows for sure, but we can be certain that sooner or later the economy will experience another downturn. When that happens, will monetary and...
Low-Paid Workers Are Getting a Pay Bump in 44 States

By Tim Henderson, Stateline

In 44 states, jobs paying roughly $30,000 were among those that got the largest salary bumps since 2010 — evidence that the steady but modest economic growth of the past half-decade may be reaching...
Trump's New Fed Nominee Could Be a Seismic Shock to the System

By Jay L. Zagorsky, The Conversation

President Donald Trump on July 10 nominated Randal Quarles to be one of the seven governors of the Federal Reserve System , the central bank of the United States. Before I get to Quarles and his...
The Serious Problem Lurking in the Jobs Report

By Jeff Cox, CNBC

Wall Street exhaled heavily Friday on news that job creation in both the public and private sectors accelerated and defied some of the recent speculation that the economy had reached full employment...
Amazon Prime Members Spend More on the Site – a Lot More

By Beth Braverman

Amazon Prime can be a pretty good deal for customers who take advantage of the free shipping and streaming video service, but it’s also a very good deal for Amazon.

How Much Further Can the Unemployment Rate Drop?

By Jeff Spross, TheWeek.com

How low can unemployment go? It's a question Americans are no doubt excited to see answered. And the latest jobs report showed the unemployment rate falling from 4.5 percent in March to 4.4 percent...
Killing Banking Rules Will Invite a Whopper of a Recession

By Mark Thoma

The vote in the House of Representatives to dismantle Obamacare was not the only attempt to undo key legislation from the Obama years that occurred last Thursday. Though it mostly went unnoticed, the...
Thank You for Smoking: Big Tobacco Rolls Back Into Washington

By Ciro Scotti

After the smoking wars ended in 1998 with 46 states sharing a settlement worth more than $12.7 billion, Big Tobacco has largely stayed out of the public eye. No more Joe Camel T-shirts. No more ads...
Why Retailers Are Going Broke at a Record Pace

By Courtney Reagan, CNBC

With more than half of 2017 still ahead, the retail industry is seeing a record-setting pace for bankruptcy filings and store closings — and more are expected in the not too distant future, despite...
The Unemployment Rate Drops to 4.4 Percent: What the Analysts Are Saying

By Lucia Mutikani, Reuters

KEY POINTS: Total payrolls up 211,000 vs 185,000 estimate & downwardly revised 79,000 prior (original 98,000)* Private payrolls up 194,000 vs 185,000 estimate & downwardly revised 77,000...