Economy Oct 20 Who made money on the presidential prediction markets and who lost President Barack Obama, seen here debating former Massachusetts Gov. Mitt Romney, wasn't the only winner of the 2012 election. Thanks to offshore presidential prediction markets, one Romney-backer's $4 million loss bankrolled a grad student's winter break in Portugal. Photo courtesy…
Economy Oct 20 Who Made Money on the Presidential Prediction Markets and Who Lost President Barack Obama, seen here debating former Massachusetts Gov. Mitt Romney, wasn’t the only winner of the 2012 election. Thanks to offshore presidential prediction markets, one Romney-backer’s $4 million loss bankrolled a grad student’s winter break in Portugal. Photo courtesy…
Economy Oct 05 Four secrets of debt default: Two to scare you; two to reassure The good news is that the bond market isn't acting like default is imminent. The bad news is that if the Treasury runs out of money, they can't simply prioritize who gets the remaining checks. Photo courtesy of Flickr user…
Economy Oct 05 Four Secrets of Debt Default: Two to Scare You; Two to Reassure By Paul Solman The good news is that the bond market isn't acting like default is imminent. The bad news is that if the Treasury runs out of money, they can't simply prioritize who gets the remaining checks. Photo courtesy…
Economy Sep 06 America’s Shrinking Workforce? Officially, this month's unemployment number is, in the words of the Bureau of Labor Statistics, "little changed" at 7.3 percent. The other headline number -- of 169,000 jobs added -- would have elicited an "eh" in my youth; a…
Economy Sep 06 America’s Shrinking Workforce? By Paul Solman Officially, this month's unemployment number is, in the words of the Bureau of Labor Statistics, "little changed" at 7.3 percent. The other headline number -- of 169,000 jobs added -- would have elicited an "eh" in…
Economy Sep 05 The Art of Local Currency: Keeping Small Beautiful The regional "BerkShare" currency helps support local artists. Watch the full Making Sen$e segment on BerkShares, which aired on the NewsHour Thursday. Photo courtesy of NewsHour In Thursday's Making Sen$e segment, Paul Solman visits Berkshire County, Massachusetts, to explore…
Economy Sep 05 The Art of Local Currency: Keeping Small Beautiful The regional "BerkShare" currency helps support local artists. Watch the full Making Sen$e segment on BerkShares, which aired on the NewsHour Thursday. Photo courtesy of NewsHour. In Thursday's Making Sen$e segment, Paul Solman visits Berkshire County, Massachusetts, to explore…
Economy Sep 05 How to Print Dollars in Your Own Backyard and Keep Them Away from Wal-Mart BerkShares are the local paper currency of Berkshire County, Massachusetts. Photo courtesy of Lauren Fuller Photography. What if you used a different currency to buy a sandwich from your main street deli than you did to make a purchase at…
Economy Sep 05 How to Print Dollars in Your Own Backyard and Keep Them Away from Wal-Mart BerkShares are the local paper currency of Berkshire County, Massachusetts. Photo courtesy of Lauren Fuller Photography. What if you used a different currency to buy a sandwich from your main street deli than you did to make a purchase at…