The government shutdown that went into effect today, due to the inability of Congress to negotiate an agreement on a new budget, could have dire consequences for the economy at large, according to John A. Challenger, chief executive officer of global outplacement consultancy Challenger, Gray...

Published on: Jul 31, 2013 The latest reading on consumer confidence, released this morning by the Conference Board, showed a larger-than-expected decline in July. The drop in confidence comes just one month after reaching a five-year high. Meanwhile, a separate survey conducted by the University of Michigan...