Who’s afraid of unemployment?

The news is scaring the sleep outta me. Unemployment numbers are soaring (here from the Wall Street Journal) :

…while the unemployment rate is at a five-year high at 6.1%, a broader measure of weakness that includes people who have stopped looking for work or whose hours have been cut to part-time is 11% — the highest in 15 years.

In …

When good technology goes bad

All of you visiting Time.com blogland last Friday may have wondered: WTF happened? I’m quoting our fearless Time.com leader Josh here, but I’ll translate: What in fosh-farned farnation happened?

For an explanation, see Josh’s post below. Suffice it to say that our former blog platform went all kerflooey and it took the best and …

Whereabouts

Yeah, so all the Time blogs were out for a day or so. And now we’re all moving to WordPress from Movable Type and the blog will have new address (http://curiouscapitalist.blogs.time.com/) and all commenters will have to reregister. Not sure what happens with the RSS feed. I’ll find that out on Monday. It’s all a pain, I know. Although I …

Oops

Faithful TIME.com blog-readers may have noticed something odd today: the blogs kind of disappeared. Long story short, we’ve had major server problems, and as a result we’ve had to re-launch all of our blogs on WordPress. The upside is a faster, better, more stable platform. The downside is we’ll need a few days to get our archives back …

Oops

Faithful TIME.com blog-readers may have noticed something odd today: the blogs kind of disappeared. Long story short, we’ve had major server problems, and as a result we’ve had to re-launch all of our blogs on WordPress. The upside is a faster, better, more stable platform. The downside is we’ll need a few days to get our archives back …

Alan Greenspan changes his mind about regulation

When I worked at Fortune I used to go down to Washington to talk to Alan Greenspan about once a year. I wasn’t really trying to report on what the Fed was up to, so the conversations could range all over the place. I remember one very clearly in which Greenspan stated his opinions on the utility of regulation.

His view was that there …

What moves stock prices?

A reader writes:

I’ve asked brokers, finance wizards and total strangers to explain what the stock market does. Yes, I understand that when a business issues new shares, it gets capitalized. And when a business folds, shareholders get the (ha ha) liquidation dividend. I also acknowledge that there needs to be some sort of vehicle for …

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