Personal Finance Daily: What economists won’t tell you

Personal Finance Daily: What economists won’t tell you

Why the future of the economy is as tough to predict as the weather.

Home resales rise, housing recovery inches along

WASHINGTON – Home resales rose in July, helped by low interest rates and increased hiring although the data still pointed to a slow recovery in housing that will provide only slight support for the economy.

Susan Tompor: Reasons to think the economy is slumping

Frankly, deciding whether to invest money in stocks ends up too much like picking sides lately.

Consumer debt seen rising’again

The financial crisis prompted consumers to start paying down their debt, but even with the economy far from recovery, that decline in consumer debt is expected to reverse.

Brazil Shows How Too Much Consumer Debt Can Threaten An Economy

Brazil has risen to number six among the world's economies. As it finds itself caught between prosperity and a past of poverty, it's dealing with a pervasive problem: lots of household debt.

Business briefs for Saturday, July 7

The American job machine has jammed. Again. The economy added only 80,000 jobs in June, the government said Friday, erasing any doubt that the United States is in a summer slump for the third year in a row.

Consumers Must Be Focus of Recovery Efforts

Economy and jobs rebound can’t happen without increased consumer spending.

Big fish in the smallest pond

BAXTER – Early spring is seen as an advantage in housing market and a Baxter mortgage business is poised to grow as the economy recovers. Tom Hice started Tower Mortgage as an independently owned and operated lakes area business in 2000.

NewsWatch: U.S. consumers in economic driver’s seat

Investors will get a better idea of how Americans feel about the economy through reports this week on consumer confidence and individual spending. Economists are watching to see if a jump in gas prices starts to weigh on the mind of consumers.

What's the Most Important Reform for College Financial Aid?

Student loans are both a necessary part of our higher-ed system and, potentially, the next debt bomb to take down the economy. What's the best way to responsibly encourage students to keep learning after high school?