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Retail sales climb more than expected in August
WASHINGTON — Retail sales jumped in August by the largest amount in more than three years, spurred by widespread gains beyond the expected increases of auto sales from the government's Cash...Full story

More News on Economy in Crisis

Relief at the grocery store: Food prices going down
Grocery shoppers are finally seeing some reprieve from last year's steep price increases. Food prices are dropping on some key items as retailers slash prices to better compete and food makers do more promotions and pass along savings from lo... Full story
Is economy improving? Men's underwear may tell the story
WASHINGTON — For one answer to the nation's most pressing economic question — when will the recession end? — just take a peek inside the American man's underwear drawer. There may be some new pairs there, judging by recent reports ... Full story
Sales of big-ticket items soar, bolstering economy
WASHINGTON  — Consumers and businesses went on a big-ticket spending spree in July, sending home, car and equipment sales soaring by the largest amount in years. The sales, detailed in two government reports Wednesday, confirmed a subtle ... Full story
White House, Congressional Budget Office project record deficits
WASHINGTON — The federal government faces exploding deficits and mounting debt over the next decade, White House and congressional budget officials projected Tuesday in competing but similar economic forecasts. Both the White House Office of M... Full story
Cash for Clunkers program nears end, and residents are buying in
Got a 1986 bronze Cadillac DeVille that’s visually stinking up the neighborhood and burning a hole in your wallet? You have today and, realistically, half a day Monday to dump that dinosaur for a new, fuel-efficient chariot before the federal ... Full story
Failed clunker deals may cost consumers
Consumer advocates called on federal officials today to crack down on auto dealers that they contend are taking advantage of car buyers participating in the government's "cash for clunkers" program. In some cases, the groups said, dealerships are ... Full story
Old-fashioned bartering helps with medical bills
Cash, check or a cord of wood for that doctor visit? As health care costs climb, old-fashioned bartering has seen brisk growth since the economy soured. Hillsborough, N.J.-resident Robert Josefs traded his Web site designing skills for nearly $1,0... Full story
Delta, US Airways swapping airport slots
ATLANTA • The sudden flurry of airlines swapping takeoff and landing slots at Washington and New York area airports continued Wednesday with Delta and US Airways striking a deal similar to one between AirTran and Continental disclosed t... Full story
Car buyers returned to American showrooms in July
DETROIT • The government's "cash-for-clunkers" program drew car and truck buyers back to American showrooms last month, making July the best month for auto sales in nearly a year and offering powerful evidence that the rebates were working as se... Full story
So how will we pay for everything?
WASHINGTON • The recession is starving the government of tax revenue, just as the president and Congress are piling a major expansion of health care and other programs on the nation's plate and struggling to find money to pay the tab. The num... Full story

 

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