For several months now, I’ve been writing about the 2% economy, the current sluggish state of growth in the U.S., one that I expect to hold for some time. But a weekend spent in southern California, in both Orange County and …
How Columbus, Ohio Bounced Back from the Recession
If you ever wonder what kind of economic development might be accomplished in this country with more bipartisan cooperation, consider Columbus, Ohio. It’s become a celebrity city of sorts lately, talked up in a New York Times Magazine piece about the success of Ohio, and visited over a dozen times by the presidential candidates on the …
Money Talking: How High-Frequency Trading is Impacting Your Investments
High frequency trading now makes up 2/3rds of all trading in the markets, and a lot of experts believe it will be at the center of the next financial crisis. Already, it’s played a role in “flash crashes.” Is it also creating an uneven playing field for the small time investor, and funneling money away from real businesses in favor of …
Money Talking: Is the Stock Market Entering Another Bubble?
Tomorrow marks the four year anniversary of the fall of Lehman Brothers … and the moment when our economy went off the cliff.
Today, with an economy that’s still just sputtering along, Wall Street has come roaring back. Why is the S & P up 14 percent when nearly every bit of real economic news is bad? And has anything really changed …
Why the S&P 500 Is Defying Economic Reality
The markets hold many mysteries, and here’s a big one: Why the heck is the S&P 500, up 14% this year, behaving as though we’re living large when nearly every piece of real economic data is depressing?
Money Talking: Moms-in-Chief Take Center Stage
Women played a traditional role at the national political conventions of the past two weeks, especially in the speeches given by Ann Romney and Michelle Obama. The first lady and the Republican candidate’s wife both used the lens of the family to argue that their husbands should be president. This week on WNYC’s Money Talking, TIME’s …
Six Reasons Why “Gamification” Will Rule the Business World
The new fall TV season marks a happy resurrection: The Pyramid, the most recent update of the 20th-Century classic game show The $10,000 [$25,000] [$100,000] Pyramid, this version from Who Wants To Be A Millionaire? creator …
Why Obama is Resilient to the Weak Economy
A weak economy usually spells disaster for an incumbent president. But there are three key factors keeping Obama ahead in the polls.
Money Talking: How Safe Are Money Market Funds?
What is the most vulnerable part of the financial system today? Who owns your mobile data? For answers to these questions and a look ahead at the most interesting business news, check out WNYC’s Money Talking. Listen below:
Country Half Full: An Optimistic Take On Our National Debt Nightmare
It’s rare that a United Nations report can engender optimism about anything, let alone America’s finances. But a recently issued (and mostly overlooked) study from the global body’s International Human Dimensions Program might …
Money Talking: Is a Celebrity CEO a Good Thing?
Pregnant tech superstar Marissa Mayer’s appointment to be CEO of Yahoo has people talking about the struggle for work-life balance. But another big question is whether celebrity CEOs are the best people to execute successful corporate turnarounds. Listen to Joe Nocera and me talk about this, as well as whether the Olympic Games actually …
From Kim Polese to Marissa Mayer — How Far Have Women in Tech Come?
The appointment of pregnant Silicon Valley superstar Marissa Mayer as CEO of Yahoo this past week has become the latest news peg for an ongoing debate about women, work and family-balance that has been raging in the media for the …