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.
Jobs
U.S. Economy Adds Just 88,000 Jobs in March; Unemployment Rate Falls to 7.6%
Roughly one year ago, many of us were encouraged by a string of positive jobs reports which showed the economy was adding on average 275,000 jobs per month. And then came the spring swoon, ushering in a long stretch in which the …
Can the U.S. Dollar Become Almighty Once Again?
A stronger dollar could be a bellwether of an improving economy and a brighter outlook for U.S. stocks.
Majoring in Drones: Higher Ed Embraces Unmanned Aircraft
Schools are adopting majors and certificate programs in unmanned aircraft systems to prepare students for potential jobs in the future
If There’s No Inflation, Why Are Prices Up So Much?
Many of the costs faced by typical American households are rising faster than the official inflation statistics indicate.
Economy Gains Steam Adding 236,000 Jobs; Unemployment Rate Falls to 7.7%
For some time time now, the American economy has been a strange dichotomy. On the one hand, we’re in the midst of an historically strong four-year bull market, yet the unemployment rate remains stubbornly high. The real estate …
Why Many Americans Feel Like They’re Getting Poorer
Since the recession ended, the economy has never grown fast enough to make up for lost ground – and that’s helping to keep household income depressed for as much as half the population.
What Happens When the Fed Really Does Run Out of Ammunition?
The Fed has no good choices. If easy money ends, the economy will slow even more. But continuing the policy risks inflation
Discrimination Doesn’t Make Dollars, or Sense
Discrimination isn’t just an insult to our most basic notions of fairness. It also costs us money, as some of our best and brightest players are, in essence, sidelined.
Obama’s Proposal to Boost the Minimum Wage: Will It Help or Hurt Workers?
Of the proposals in President Obama’s State of the Union address, the one that’s perhaps getting the most attention is his push to have the federal minimum wage raised from $7.25 to $9.00 per hour. There are many reasons for …
Why Can’t This Economy Really Get Going?
A host of factors outside of the government’s control will likely hold back the economy for at least another year.
U.S. Economy Adds 157,000 Jobs; Revisions in Data Show a Stronger Labor Market
The labor market continued its dogged march forward in January, with the federal government announcing that the U.S. economy added 157,000 jobs in January, and that the unemployment rate basically held steady at 7.9%. This was …