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Lynne Sladky/AP

Closings, Bankruptcies, Job Loss: Retail Sector Still Collapsing

Obama’s continued sluggish economy has been called a “jobless recovery,” an “illusory recovery,” sluggish, and slow. But even as most say a recovery is happening, it is still hard to tell from the retail sector, which continues to shrink. This month is no exception with many national chains announcing layoffs, cut backs, and closings.

Chief Beck, LAPD (Damain Dovarganes / Associated Press)

Malls on Alert After Terror Threat; LAPD Says Not to Worry

American mall-goers may think twice about heading out shopping since Somali terror group Al-Shabaab’s threat on U.S. shopping centers, specifically Minnesota’s Mall of America. San Diego has been connected to multiple terror suspects, a fact which raises questions about the