“Almost every business is closed,” wrote TIME contributor Eben Harrell as he walked around Boston on Friday afternoon. “The ‘shelter in place’ guidance has essentially shut down a major American city.”
These comments …
Economy & Policy
Money Talking: Is Manufacturing Coming Back to the US?
Joe Nocera (NYT) and Rana Foroohar (Time) join Charlie Herman (WNYC) on Money Talking discuss if the just what kind of manufacturing renaissance we’re seeing in the U.S. – is it for real and what types of jobs will it create. Last week, Rana wrote the cover story for Time magazine on the topic and Joe just visited a company making …
U.S. Unemployment Aid Applications Rise to 352,000
The number of Americans seeking unemployment benefits increased just 4,000 last week to a seasonally adjusted 352,000
Why the Argument for Austerity Took a Big Hit Yesterday
Updated at 11:12 p.m.
In the years following the financial crisis, America has been obsessed with debt. Hurting from the crisis, consumers and businesses have been busy paying off debt, while the federal government has ramped up its borrowing through a combination of stimulus spending and lower tax revenue. And of course all this new …
More Young Couples Commit — To Homeownership Before Marriage
First comes love, then comes … mortgage? A new study indicates that young couples in committed relationships have been far more likely than older generations to purchase homes before getting married.
What’s Behind the Crash in the Gold Market?
Since 2011, the gold market has shown signs of weakness, culminating in a multiday crash that began on Thursday and continued into Monday
What the Boston Bombing Means for the Economy and the Stock Market
Unless the Boston Marathon bombings are part of a much larger plot, it seems unlikely that their effects on the stock market will last more than another day.
A Bentley Boom? Rising Sales for Luxury Automakers Like Bentley, Jaguar, Porsche
So much for scaling back. The world’s rich and elite — or those who just want to appear so — have been cracking open their wallets in a big way lately, and luxury automakers are the beneficiaries.
Tax Day Freebies 2013: April 15 Is for Filing Taxes and Snagging Handouts
A new Pew survey has it that one-third of Americans actually like doing their taxes. Perhaps more surprisingly, the prospect of free cinnabons and free curly fries on Tax Day has nothing to do with it.
The Real Significance of the Bitcoin Boom (and Bust)
Online currencies like the Bitcoin are one day likely to alter government policy, just as the bond market did in the 1990s
The Post Office’s Biggest Problem Isn’t Saturday Delivery — It’s Congress
It may seem like the United States Postal Service is unwilling to adapt to a world of declining mail volume and increased digital communication. But the real obstacle in the way of true reform aren’t the folks running the postal …
The 6 Most Common Tax Time What-Ifs, Answered
April 15 is just around the corner — Monday, to be exact. For many people, it can be a time fraught with anxiety. Here’s how to handle six of the what-ifs most likely to keep you up at night.
