Tag: SPENDING

Share What began as a noble British endeavor has just come down in an inglorious blaze of abuse. As Reuters reports, the U.K.'s Treasury has decided to pull its interactive 'Spending Challenge' website, after users smeared the site with weird suggestions and tirades against ethnic minorities. The challenge, which was put in place by finance minister George Osborne, was created with the intent of ...

Consumer electronics sales dropped in the fourth quarter of 2007, and analysts link the decrease in spending to the continued housing slump in the U.S. Stephen Baker, a market analyst with NPD (a market research company), says that people began to view consumer electronics "like plumbing and air conditioning -- something you had to have." Research by NPD and the National Association of Realtors ...