Content about Socioeconomics

April 22, 2013
Former Office Depot COO charged with insider trading
A Monday report by Forbes said that former Office Depot COO Mark Begelman has been charged with profiting off confidential information.
November 27, 2012
Retail Forecast 2013

By Phillip M. Perry

Overcast with clearing skies — That’s the economic forecast from a major research firm as retailers enter a new year. Drizzly conditions will remain at least for the first half of 2013 as consumers hold tight to their pocketbooks. By the summer, though, light should break through the clouds as the resolutions of critical national uncertainties encourage corporate hiring, capital investment and consumer spending.

October 15, 2012
Deloitte: Consumer spending index rose in September

Deloitte’s Consumer Spending Index rose in September, aided by a near 11% gain in home prices.

September 12, 2012
Ritz Camera to go out of business

Ritz Camera & Image LLC plans to go out of business after 94 years and close its remaining 137 stores after it failed in a bankruptcy auction to find a buyer to keep the camera chain afloat, the Chicago Tribune reported.

November 23, 2011
Consumer spending up slightly in October as incomes advance

Consumer spending rose less than forecast in October as Americans even as personal incomes showed the biggest gains in seven months.

September 7, 2011
American Express study: Consumers opting for less frequent, but larger transactions in retail

Consumers are spending more, but doing so in fewer transactions, according to American Express Business Insights’ most recent Business Insights Spend Sights report.

April 21, 2011
Oakland Mall helps moms with Facebook fundraising challenge

Oakland Mall is using social networking as a tool to get shoppers involved this Mother's Day to benefit Moms at Detroit Rescue Mission Ministries (DRMM), a non-profit agency dedicated to assisting the homeless and getting them back on their feet.

April 8, 2011
Dish Network’s bid for Blockbuster gets OK

Blockbuster says a bankruptcy judge has approved Dish Network's $228 million offer for the chain, paving the way for a combination of the two companies.

March 17, 2011
Report: Food prices in biggest jump since 1974

The Labor Department’s Producer Price Index rose last month, primarily due to higher energy costs and the biggest rise in food prices in 36 years, USA Today reported.

February 17, 2011
AmEx Business Insights report: Q4 spend increases across board

A report released Thursday by American Express Business Insights said that spending in the fourth quarter was up across the board, but the retail sector spend growth was more subdued despite the holiday shopping season.

February 17, 2011
Report: U.S. initial jobless claims rise to 410,000 last week

A report released Thursday by the Labor Department said that applications for jobless benefits increased by 25,000 to 410,000 in the week ended Feb. 12, exceeding the 400,000 median forecast of economists surveyed by Bloomberg News.

November 10, 2010
Report: U.S. jobless claims fell last week to lowest level since July

A report released Wednesday by the Labor Department said that applications for jobless benefits declined by 24,000 to 435,000 in the week ended Nov. 6, the lowest level in four months.

November 9, 2010
Report: U.S. jobless claims fell last week to lowest level since July

A report released Wednesday by the Labor Department said that applications for jobless benefits declined...

October 13, 2010
Movie Gallery divests store brands

Movie Gallery announced Thursday that it will sell off its store brands Hollywood Video, Movie...

September 15, 2010
New jobless claims fall to lowest in two months

A report issued by the Labor Department on Thursday said that the number of newly...

September 9, 2010
New unemployment claims drop, exports rise

A late Thursday report from the Labor Department said that the number of people who...

May 25, 2010
Survey: High gas prices to put damper on consumer spending

Nearly three out of five American consumers (57.7%) say they will be forced to cut...

May 13, 2010
Consumer spending rises in April

A report released Friday by the Commerce Department said that retail sales inched up 0.4%...

January 7, 2010
Job declines continue in spite of other positive economic signs

The U.S. Department of Labor released employment data on Friday indicating that the pace of...

October 13, 2009
Colorado first state to reduce minimum wage

Colorado will become the first state to reduce its minimum wage because of a falling...

January 14, 2009
Survey: Consumer Spending Stabilizing

Consumer spending may finally be stabilizing, even though the overall outlook on the economy remains...

January 8, 2009
Survey: Consumer Spending Index Improves in Dec.

The Deloitte Research Leading Index of Consumer Spending improved in December, primarily due to a...

January 7, 2009
Jobless Rolls at 26-Year High

Unemployment benefit rolls swelled to a 26-year high in the last week of December, data...

June 30, 2008
Expectations for the Future

The May comp-store-sales trends indicate little change from the past 90 days. Retailers that...

April 27, 2008
Consumer Electronics Spending Up 9.3% in 2007

Consumers continued to spend money on consumer electronics with average U.S. household spending up 9.3%...

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