Businesses are developing a split personality. The slump in capital goods orders suggests that businesses are increasingly concerned about the looming fiscal cliff and/or the global economic slowdown...

We doubt that the fall in the annual growth rate of average hourly earnings to a record low in October is the start of another downward leg that will eventually end in outright declines in earnings...

The Fed’s latest Senior Loan Officer survey suggested that businesses are increasingly putting on hold investment decisions just in case Congress allows the fiscal cliff to hit. There is a growing...

The Fed's latest Senior Loan Officer Survey (SLOS) shows that banks are more willing to lend, but the problem is that, with global economic growth slowing and the fiscal cliff looming, US households...