That’s what the Mortgage Banker’s Association (MBA) said earlier this week. The MBA is a trade-group for companies involved in the home-financing industry. With over 3,000 member companies employing 350,000 professionals, it’s no surprise the...

The economy is fueled by consumption.  We all know this.  But since you read my blog you’ve probably observed that despite a recession/slow recovery going on, every time you go out to eat or go shopping, you’re seeing plenty of people spending...

The American Recovery and Reinvestment Act of 2009 was designed to be the ultimate stimulus.  Billions of dollars will be devoted to various projects designed to get people back to work, improve infrastructure, and… surprisingly… stir up some...

What were you doing a year ago today?  I was at work, probably writing on sticky-notes some ideas for Weakonomics.  Check on November in the archives if you want to know what I was writing about. Looking back in time is so easy now thanks to tools...

This is a guest post by Mr Credit Card from askmrcreditcard.com. Though Mr Credit Card reviews credit cards, today, he is going to bring us back in time and explore the history of money and the Federal Reserve Bank and why we should be worried about...

Retail hops on the Christmas bandwagon around about August of every year.  I start thinking about Christmas lists and stuff around Thanksgiving.  But I always get excited whenever the commercials and YouTube videos of Christmas lights set to...