Topic: Peter Morici

Storm threatens retailers' last holiday push

<div><p>LOS ANGELES/CHICAGO (Reuters) - U.S. retailers' final weekend sales push before Christmas was under threat as a severe winter snowstorm struck the East Coast, forcing store closures and keeping shoppers at home on "Super Saturday."</p><p>The last ...
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Recessions, depressions, take your pick

<div id="subtitle">When does a recession become a depression? Depends on your definition</div><div><p>Some views from Washington over the years on the difference between a recession and a depression:</p><p>RONALD REAGAN: "A ...
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news auto industry

news auto industry
University of Maryland Professor of Business, Dr Peter Morici The Banking, Housing and Urban Affairs Committee held a hearing on the US Auto Industries request for a $25 billion bailout at the Dirksen Building. Washington DC, USA18.11.08 Credit: (Mandatory): Carrie Devorah / WENN Copyright 2008  WENN
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Congress Autos

Congress Autos
University of Maryland School of Business professor Peter Morici testifies at a Senate Banking, Housing and Urban Affairs hearing on the automotive industry bailout on Capitol Hill in Washington, Tuesday, Nov. 18, 2008. (AP Photo/Manuel Balce Ceneta) Copyright 2008  AP News
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