Tom Henry

The term “900 number” probably conjures up images of phone sex operators or, even worse, teen heartthrobs tricking young girls into running up their parents’ phone bills. But during the 1980s and 1990s, the heyday of 900 numbers, callers could do all sorts of things simply by dialing 1-900 and having a charge added to … Read more

A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists, Federal Reserve officials and even the sour sentiments that Americans themselves have expressed in opinion polls. Yet economists caution that such vigorous spending isn’t likely to continue in … Read more