The economy added 175,000 jobs last month, a relief after anemic growth earlier this winter. But 3.85 million Americans have been unemployed for over 27 weeks. Continue reading
The monthly jobs report is big news on the first Friday of every month, swaying the financial markets and prompting immediate analysis. But should these numbers matter so much? A new book, “The Leading Indicators,” argues we overvalue data like the GDP and inflation. Economics correspondent Paul Solman talks to author and analyst Zachary Karabell. Continue reading
Economists and the media use the monthly jobs numbers from the Bureau of Labor Statistics to take the pulse of our economy. But the collection of that data actually grew out of a progressive reform movement to asses the plight of the working class, writes Zachary Karabell. Continue reading
So what happens to the value of all those lost Bitcoins? Enter Goxcoin — a new digital currency that would insure the assets trapped in Mt. Gox. Continue reading
More college students lose grandparents right before taking college exams. Duke professor and irrationality expert Dan Ariely has a solution: Enroll in Massive Open Online Courses to spare grandparents some fatal stress. Continue reading
The chief information officer at retail giant Target has resigned following a massive holiday-season data breach, which affected millions of customers.
What do the Arctic’s ice cap, America’s bee population and Chipotle’s guacamole have in common? They’re all potential casualties of global climate change. In Chipotle’s 2013 annual report, the company noted that increasing weather volatility, changes in weather patterns and … Continue reading
President Obama’s 2015 budget proposal includes new spending for preschool, job training and public works and would expand the Earned Income Tax Credit for low-wage workers. Judy Woodruff talks to Robert Greenstein from the Center on Budget and Policy Priorities and James Capretta from the Ethics and Public Policy Center about whether measures meant to narrow the economic gap would be effective. Continue reading