The struggling furniture industry is getting some much-needed cushion from some unlikely sources. Who’d have thought that things like "reclaimed" wood, bike rims and bourbon barrels might help the struggling sector pull through the recent retail sales funk?
It’s not difficult to figure out why sales of smartphones have taken off nationwide. After all, the average price of one is $155, more than 30 percent lower than last year and today’s models let you talk, e-mail and surf the Internet quickly.
After months of histrionic headlines about socialized medicine and Congress’s continuous plodding on health care legislation, it’s not surprising that some investors have turned skittish on health care stocks.
Investors poured $8.5 billion into Treasury Inflation-Protected Securities, or TIPS, funds in the second quarter, double the amount in the same period last year, according to researcher Strategic Insight.
Perhaps Kmart’s recent promotion of their layaway plan for back-to-school shoppers was a needed reminder for us all that there was a form of payment used to purchase goods before credit cards became popular.