(Getty Images) Why are there fewer female CEOs? One professor says he has the answer. Call it the Competition Gap. For the past four decades, ever since women began vying with men in the workforce on a large-scale, economists have wondered when gender differences in pay and achievement would shrink. In recent years the question [...]
There is something very unfair, even unseemly, about the bailouts currently being implemented in the Eurozone. The citizens of Greece and Ireland, the two countries rescued by the European Union so far, will be forced to suffer higher taxes, reduced government services and meager growth and job prospects under severe austerity plans imposed in return [...]
Over the next two weeks, Cancun will be in the spotlight for something other than spring break madness. As host of the annual climate summit that once saw such promise in Kyoto in 1997, Cancun in 2010 is framed by the spectacular failure of last year’s Copenhagen talks and by the stark realization that nearly [...]
If you ask me, yes I am worried about inflation (Photo: Brian Snyder/REUTERS) Apparently, if you want to talk turkey about hyperinflation Thanksgiving is a good time to do it. There has been a lot of debate recently about whether prices are rising or not. The government’s measure of inflation the consumer price index, or [...]
The new homes market is looking more and more barren (Photo: Chris Keane/REUTERS) It might be time to bring back the home buyer tax credit. On Wednesday, a day after the National Association of Realtors said sales of existing homes dropped 2.2% in October, the Census Bureau said that new home sales had dropped a [...]
Brother can you spare a Euro (Photo: Cathal McNaughton/REUTERS) Let’s just be blunt: The Eurozone’s bailout program has failed. It’s not solving the underlying causes of the European debt crisis; it might even be making matters worse. That’s become all too clear in the wake of Ireland’s decision to seek a rescue from the European [...]
(Photo: Shannon Stapleton/Reuters) Nassim Taleb has a new book coming out, and is doing a new round of interviews to promote it. One of his stops will be here with TIME. But unlike the other interviews, here at TIME we let you do the asking. So if you have some questions for Mr. Black Swan [...]
As you give a prayer of thanks on this forthcoming American holiday, you ought not forget that nice stock market rally that has taken place this autumn. Only problem is, the gains might be gone before your turkey leftovers run out.
Here we are again in another round of belligerent and stupefying behavior by those wacky North Koreans. On Tuesday, North Korea suddenly shelled a South Korean island along a disputed border, setting buildings ablaze and prompting South Korean forces to fire back. The exchange came just days after the world discovered that North Korea has [...]
The government of Ireland sought a European Union-International Monetary Fund bailout over the weekend, finally succumbing to pressure from its fellow Eurozone members and panicked financial markets. That makes Ireland the second of the Eurozone’s 16 members to require a rescue, after Greece got a $150 billion package in May. Ireland’s will likely be smaller [...]
