Retail Sales Hurt by Bad Weather, Wary Shoppers
(©istockphoto.com/Lisa Fletcher)
(©istockphoto.com/Lisa Fletcher)

Several of the largest retail chains issued sales reports this week which failed to meet Wall Street expectations. A combination of factors -- an early Easter holiday, chilly weather and recession-wary shoppers shared the blame.
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Ex-Fed Chief Greenspan Says U.S. is in Recession
Alan Greenspan
Alan Greenspan
Former Federal Reserve Chairman Alan Greenspan said on Tuesday the U.S. economy is in recession, and said it would be appropriate to tap public funds to resolve the mortgage-related crisis that has helped pull the economy under.
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Shaky Economy, Rising Costs Strain Restaurant Chains
A competitive environment for restaurants is getting tougher as hungry consumers spend more time cooking at home. The economy is the main culprit in the shift, as Americans feel both less wealthy and more insecure about their future income.
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Featured: The Hottest Gaming Trends for 2008
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Special from CSMonitor.com
Does GDP Really Capture Economy's Health?
America's so-called gross domestic product is an enormous number and an important number, but is it the right number? That's the question came before the U.S. Senate this week in an unusual hearing on the far from perfect science of measuring economic activity.
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What You Don't Know about Nafta
Nafta has suddenly re-emerged as a hot-button issue in American politics. Yet the world has changed so profoundly since 1994 that trying to pin specific job losses and gains directly on Nafta is an exercise in futility.
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Business Minute: Stocks rise, oil eases, American's meltdown
Click through for a quick summary of top business news today.
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Wall Street Broadcast
Stocks edge higher, led by tech
Oil Prices
Regulators must work to make long-term changes
Business Right Now
Sales said weakest in over a decade
Top Technology News
Stocks edge lower as crude notches new record
IMF sees US falling into recession
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Wind Power Is On The Rise, Despite The Controversy
New wind farms are being built almost daily. Supporters, from ports to farmers note the environmental, and economic, benefits of clean, renewable, wind power. (Produced for Siemens)
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