Archive for July 2009

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The economy will expand faster than previously forecast in the second half of this year and in 2010 as a revival in consumer spending signals an end to the recession, economists surveyed by Bloomberg News …

To American consumers, the economy doesn’t look so hot in July.

The Reuters/University of Michigan preliminary index of consumer sentiment decreased to 64.6, the lowest reading since March, from 70.8 in June. During the expansion …

The costs of imports and exports rose in June, with a 3.2 percent rise in import prices led by petroleum products and a 1.1 percent rise in export prices led by agricultural items, particularly corn, …

Vacancies at U.S. strip malls and regional malls rose, while rental rates fell as more retailers downsized or shut down in the second quarter, Reuters reported.

According to Reis Inc., a real estate research firm, …

Early retail sales reports show a dismal June as consumers cut back on purchases, especially of apparel, the Associated Press reported.

Limited Brands Inc. reported a 12 percent drop in same-store sales, worse than the …

A.M. Best Co. has assigned a financial strength rating of A+ (Superior) and an issuer credit rating of “aa-” to Principal National Life Insurance Co., a subsidiary of Principal Financial Group Inc. The outlook assigned …