consumer spending

(Newser) - The unemployment rate increased slightly in the second quarter, but the GDP recovered after a lackluster first quarter, providing Wall Street with a mixed report card of the nation’s economy as the Fed meets to determine interest rates. Unemployment ticked up 0.1% to 4.6%, hastened by losses...

(Newser) - Wall Street is giddy with low unemployment, optimistic earnings predictions, and a resilient economy, but BusinessWeek lists five things for investors to worry about.

1. Volatility in earnings, especially tech companies
2. Consumer spending, as gas prices take their toll
3. Inflation, which could prompt the fed to raise interest rates
4. Subprime aftereffects,

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