If the Japanese disaster and out-of-control oil prices slowed economic recovery in the first half of 2011, a second half of the year free of such setbacks could mean better days for the economy. This is according to analysts who say economic growth is set to ramp up.
Conventional wisdom says small businesses are the backbone of the economy, but a new study counters that mom-and-pop businesses are an economic cancer instead.
Consumer delinquencies hit a record high in the first quarter of the year. Debt-to-disposable income ratios are down only slightly from the beginning of the recession. Who will save the U.S. economy if consumers can’t return to our habits of buying crap we can’t afford and don’t need?