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  • Capital spending fails to meet expectations

    Capital spending fails to meet expectations
    The magic pill that's supposed to put zip in the economy is known as capex — meaning a surge of capital expenditures by businesses on equipment, property and buildings.
  • Robert B. Reich: Washington turns its back on Great Recession victims

    How to explain this paradox? Starting Nov. 1, more than 47 million Americans lost some or all of their food stamp benefits. House Republicans are pushing for further cuts. If the sequester isn't stopped, everything else poor and working-class Americans...

    Robert B. Reich: The real job killers: lousy jobs, lousy wages

    House Speaker John Boehner says raising the minimum wage is "bad policy" because it will cause job losses. The U.S. Chamber of Commerce says a minimum wage increase would be a job killer. Republicans and the chamber also say unions are job killers,...

    Comcast's Brian Roberts: The man who loves cable

    Comcast Chief Executive Brian Roberts let investors in on a little secret Wednesday during his keynote speech at the Morgan Stanley Technology, Media and Telecom conference in San Francisco. The 51-year-old executive's biggest concern over the last year...

    Wall Street Roundup: Welcome intervention. Should Wall Street pay?

    Gold: Trading now at $1,419 per ounce, up 1.1% from Thursday. Dow Jones industrial average: Trading now at 11,885.20, up 0.9% from Thursday. Welcome intervention. As governments around the world collaborate to deal with the yen and Libya, stock markets...