Like an aging rocker, Texas Governor Rick Perry is currently on the 2013 I’m Coming For Your Jobs tour across America. His first stop: California a couple months ago. This week he’s in Illinois, where he got a nasty reception from public officials. The trips are part of an effort to get businesses from highly taxed and heavily …
Economy & Policy
More Booze Please! The National Drive to Lift Restrictions on Alcohol-preneurs
The craft beer industry has been on a tear, boasting a 17% rise in sales last year and continued growth expected going forward. Lately, it looks like a big surge is on tap not only for craft breweries, but small businesses that make wine and spirits as well.
The Real Reason Wall Street Is Fighting the Online Sales Tax
It’s rare these days to find a bill that garners bipartisan support, but members of both parties in the U.S. Senate are getting behind the Marketplace Fairness Act, which will enable states to collect sales taxes on products sold by online, out-of-state vendors. The goal of the bill is to level the playing field between online retailers …
Retirement Gamble: Frontline’s Powerful Case for Taking Control of Your Financial Future
As if you needed reminding, the last dozen years have exposed the 401(k) as a deeply flawed primary retirement savings mechanism. A PBS special takes you through the gory details.
Europeans Are Thinking the Unthinkable: That Debt Defaults Might Make Sense
Instead of struggling to keep the euro zone together, default may be less painful in the long run for the people of overindebted countries
How Badly Did Friday’s Manhunt Lockdown Hurt Boston’s Economy?
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.
