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Where Donald Trump gets the 9.7% unemployment rate

9 years 11 months ago
Donald Trump's senior economic adviser, David Malpass, likes to use the broader measure of unemployment U6 when talking about the nation's jobless rate. But most economists believe U3 is a more accurate reflection of unemployment. It's been the accepted measure since the 1930s.

Old Navy saves Gap's khaki butt

9 years 11 months ago
The Gap has struggled this year, along with many other mall-based retailers. Fast fashion is still hurting Gap and Banana Republic. But Old Navy sales have finally bounced back. And that's good news for the whole company.

Is Kroger going to buy Whole Foods?

9 years 11 months ago
There are rumors that Whole Foods could sell out to supermarket king Kroger. But a deal may not make much sense. Kroger already has a big organic business. And plunging food prices are a problem for Kroger and the whole industry.
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