Getty Images Consumers are in a better position to spend this holiday season than last year. The holiday season appears primed to deliver a gift to the economy at year’s end. A surge in hiring, rising wages and record stock market gains have boosted the confidence of consumers, putting themRead More →

Don’t expect the inflation bugaboo to scare away the bond-market bulls. Once the highlight of the economic calendar, U.S. inflation data releases have now been shunted to the sidelines by bond traders who say they are paying more attention to the outlook for the labor market and the broader economy.Read More →

Unemployment in the eurozone declined to 7.4% in September, its lowest level since August, 2008, the EU’s statistics institute Eurostat said Monday. But this good news about the European economy helps underline the predicament the European Central Bank has long struggled with: the persistent low level of inflation. The ECBRead More →

When Americans aren’t busy firing up the grill for a backyard barbecue or hitting the road this Labor Day weekend, there’s a good chance they’ll be looking to shop the holiday sales. But if consumers aren’t careful, they could actually be missing out on savings. While not as big asRead More →