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Tag Archives: Recession

Recession talk quieted by improving economic data

WASHINGTON — The feeble economy exhibited a smidgen of strength Thursday, with mildly positive reports on jobs, store sales and housing. Figures released on unemployment claims, store sales and home-buying contracts all trend in the right direction, tempering fears that ...

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Is Big Law dead?

A few years ago I was chatting with a local attorney whom I’d gotten to know in my technology reporting days. He and a few colleagues were leaving their big law firm to start a Baltimore office of another firm. ...

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‘People don’t trust the housing market’

With today’s drab news about U.S. housing sales falling to their lowest levels in 15 years, analysts are looking at all angles of the crisis to try and figure out where to go from here. Enter psychology. Let’s take a ...

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Stocks drop as jobless claims rise unexpectedly

Stocks tumbled Thursday after two disappointing economic reports renewed investors’ concerns about the pace of the recovery. The Dow Jones industrial average fell 144 points. All the major stock indexes fell more than 1 percent. Interest rates also fell sharply ...

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Back to school retail predictions mixed

Not shockingly, it’s really anybody’s guess as to how back-to-school sales will turn out this August. With the stock market and consumer confidence levels bouncing back and forth between the plus-side and the minus-side, it seems like a Magic 8 ...

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Uplifting mood at retail networking event

The first annual Retail VIEWPoint presentation was held this morning in Tyson’s Corner, Va., and man, what a difference a year makes. According to James Farrell, senior director of leasing and brokerage for Rappaport Companies, which hosted the event, industry ...

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Is American consumerism dead?

I got an e-mail this week that started out with this: Dear Liz, According to a new study, 78% of respondents said the American Dream has died. Wow, that’s depressing. The statistic is from a recently released report called Coming ...

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