Thursday, August 21, 2014

General Economics

National Journal | Battle Over Postal-Service Cuts Looms in September
The stage is being set this month for another round of argument and angst over the future of the U.S. Postal Service when Congress returns to work in September.
Bloomberg | Family Dollar Spurns Dollar General Bid on Antitrust Concern
Family Dollar Stores Inc. (FDO) spurned a $9 billion offer from Dollar General Corp. in favor of a lower bid from Dollar Tree Inc. (DLTR), saying it was concerned the Dollar General deal wouldn’t be able to pass antitrust hurdles.

Wall Street Journal | Did Most States Really Fall Back into Recession Since 2009? A Look Inside the Zany New GDP Numbers
Most states in the U.S. have experienced at least two consecutive quarters of economic decline in the years since the national recession ended, according to new data from the Department of Commerce.