MadameNoire Featured Video

(Forbes) — After an upbeat spring driven by consumers on long-withheld shopping sprees, retailers are feeling the hit as something of a hangover sets in and the bills hit mailboxes across America.With the tabs from their springtime spending coming due, cosumers are also under pressure from a stagnant labor market, the likelihood of tax hikes and a scarcity of credit, writes Citigroup analyst Deborah Weinswig in a note Tuesday.

Read More…

Comment Disclaimer: Comments that contain profane or derogatory language, video links or exceed 200 words will require approval by a moderator before appearing in the comment section. XOXO-MN