While the economy has been in recovery mode for the past several years, many groups have been said to be “left behind” — like essentially the entire middle class.
Jobs
Fewer Americans Will Work: What That Means for the Economy
With last year’s presidential election so focused on jobs and the economy, the American public probably knows more about the nuances of the unemployment rate than they ever have before. One particular of the official unemployment rate that received attention last year is that the Labor Department counts someone as unemployed only if he …
State vs. State: Hot Summer for States Stealing Businesses, Workers, Tax Revenues
So much for the United States. In skirmishes around the country, states are battling it out with their neighbors—and sometimes, states in other time zones—over sales tax revenues, marijuana taxes, weapons manufacturing businesses, and the pool of local labor.
Here are a few of the ongoing state-vs.-state showdowns:
The Dakotas …
Bernanke Says Little, Market Plummets: Welcome to the Post-QE Economy
What a strange world we are living in when Ben Bernanke holds a press conference to say that he’s essentially going to do nothing, and the markets go down 200 points. That was the story last night after the Fed announced it …
China, the U.S. and a Special Relationship in the Making: 5 Shared Economic Challenges
As President Obama and Chinese President Xi Jinping settle into conversation in California for the weekend, there’s talk of a new kind of G-2 alliance between the nations, and even a “grand bargain” over issues like trade, …
The Recovery Stays the Course with 175,000 New Jobs in May
In recent years, when the weather begins to heat up, the job market has gone cold. This so-called “spring swoon” has time and again dashed many hopes for a more sustained and vigorous economic recovery.
But with today’s report …
Bernanke’s Dilemma: No Good Moves Left
It could be risky for the Fed to continue its easy-money policy – and dangerous to stop.
This Housing Upturn Looks Like the Real Thing
The previous upturn in housing prices faltered after a year, but all the signs suggest that the current home price recovery will be sustainable.
Viewpoint: Ben Bernanke, Enabler of America’s Fiscal Dysfunction
By trying to compensate for poor fiscal policies, the Fed is making it easier for the President and Congress to evade their responsibilities.
Jobs Report: Economy Avoids ‘Spring Swoon’ As Unemployment Rate Falls
In recent years, the U.S. economy has performed like a once dominant, but now aging ballplayer. It shows flashes of greatness, but the risk of injury looms large. Last winter, for instance, the job market started the year with a bang, adding roughly 275,000 jobs per month. But sometime last spring, it pulled up lame — at one point the …
Where Will the Drone Jobs Go? States Balance Economic Opportunity with Privacy Concerns
Almost every state wants a piece of the burgeoning drone industry, but lawmakers also want to protect citizens’ privacy. States are approaching this balancing act in a variety of ways.
Why is Texas Governor Rick Perry in Illinois?
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 …