… if the figures are reliable, that is
Economy & Policy
The Economy is Big News–So Why not Teach it?
With the economy on the front page most days the past six years, you might think economics and personal finance would be a prominent subject in our schools. Yet less than half of states require an economics course in high school …
3 Things Janet Yellen Must Focus on as Fed Chair
This morning, Janet Yellen began her first testimony to Congress as Federal Reserve chair. As she sums up the economic health of the nation and the direction that monetary policy will take over the next couple of hours, there are …
Yellen Says Fed Will Keep Pulling Back on Stimulus
Tells lawmakers she foresees continuity with predecessor Bernanke
This One Chart Will Make You Feel Better About Not Paying Your Credit Card Bill This Month
If you look at your financial mailers instead of simply throwing them away, you may already know that federal interest rates are at ‘their lowest levels in years.’ But how many years exactly? A chart by @Macro_Tourist published …
The Namath Effect? Interest in Fur Heats Up
You’ve seen the fur coat Joe Namath wore at the Super Bowl. You probably Tweeted about it. And apparently, the coat that got more attention than the game has inspired some to emulate Namath’s look—one alternately called cruel, …
Sochi: Worst Olympics Travel Destination Ever?
It’s Not Time to Despair Over the Terrible Jobs News—Yet
With today’s lackluster jobs report, the Labor Department is now estimating that the economy added an average of 94,000 jobs per month in December and January, which is barely enough to keep up with population growth. Combine …
Bitcoin Value Nosedives as Exchange Stops Withdrawals
Mt. Gox paused withdrawals to deal with technical issues
Jobs Grew at Sluggish Pace in January
Unemployment rate still fell to five-year low
Early Unemployment Data Lifts Hope for Job Growth
Fewer unemployment claims than expected
Actually, San Francisco’s Inequality Problem Isn’t the Tech Industry’s Fault
But a lack of construction appears to blame