Tensions in the U.S. between rich and poor are at a 20-year high, according to a new study from Pew Research. This conflict now tops the discord between blacks and whites, young and old, and immigrants and the native-born.
recession
Dollar Stores: The One-Stop Shop for Home Decorating?
Forget about Ethan Allen, or even IKEA. The hottest way to outfit nearly every room in your home is by scouring for treasures at dollar stores.
One Promising Economic Sign: Demand for Coins is Up
The U.S. Mint circulated more quarters, dimes, nickels and pennies last year. And that’s a good thing.
200,000 New Jobs Is a Good Start, But Good Times May Still Be a Decade Away
Companies are hiring again. That’s the good news. The bad news is those hires might not be coming fast enough.
The Loss of Upward Mobility in the U.S.
Economic mobility is becoming a more prominent issue in the 2012 Republican presidential race, and will likely be widely discussed in the general election. The GOP’s remaining top-tier candidates — Mitt Romney, Rick Santorum, …
U.S. Carmakers Accelerating Out of the Recession
The U.S. auto industry is revving its engine heading into the new year. The three largest domestic carmakers posted strong gains to close out 2011 in another sign that the U.S. economy is coming back to life following the Great …
What Last Year’s Stock Market Says about 2012
Day to day, the stock market may feel like a roller-coaster, but in fact the U.S. is experiencing stagnation with a very, very faint upward trend.
U.S. Stocks Rise on Strong Economic Data; Oil Jumps on Iran Threat
U.S. stock prices jumped higher on the first trading day of 2012 after new economic data showed gains in construction and manufacturing activity. Meanwhile, oil prices surged amid escalating tensions between the U.S. and Iran, …
How the U.S. Can Avoid a Lost Decade
Today’s global problems could paralyze the U.S. economy and stock markets for the next 10 years – but that can be prevented.
U.S. Unemployment Falls to 8.6%: Amazing News, But Is It a Game Changer?
Just when we were expecting the economy to go boom it went zoom. The unemployment rate in November dropped faster than it has in more than 11 years.
American Unemployment Falls to 8.6%: Amazing News, But Is It a Game Changer?
Just when we were expecting the economy to go boom it went zoom.
The unemployment rate in November dropped faster than it has in more than 11 years. You have to go back to September 2000 to get a quicker decline. What’s more, …
What We Can Learn from a Legendary Fund Manager’s Retirement
In the end, Bill Miller was doing what he had always done. But it stopped working, and now the legendary mutual fund manager is retiring. His inglorious departure from Legg Mason Value Trust offers a telling lesson in the perils …