Sep 02 August Jobs Numbers Spell Bad News for Long-Term Growth Photo by Jeff Kowalsky/Bloomberg via Getty Images. Not good. Friday's job numbers, that is. Yes, there was an extenuating event: 48,000 or so Verizon workers walked off the job during August, and they're in the data as job… Continue reading
Sep 01 Is Fed Policy of Interest on Excess Reserves ‘Outrageous’? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news on his Making Sen$e page. Here is Thursday's query. Name: Fred McEwan Question: [A] Huffington Post article states that one huge reason for… Continue reading
Sep 01 Is Fed Policy of Interest on Excess Reserves ‘Outrageous’? By Paul Solman Name: Fred McEwan Question: [A] Huffington Post article states that one huge reason for banks not lending is that the Fed pays them a quarter cent interest on all their held cash assets. If this is true, why would they… Continue reading
Aug 31 Stand-Up Economist: Always Bring Your Own Toilet Paper By Paul Solman Another vlog today from Our Man in Beijing, Stand-up Economist Yoram Bauman. He's not in China as a comedian, of course, but as an environmental economist, which this post explains. (It also explains why he keeps a roll of toilet… Continue reading
Aug 31 Stand-Up Economist: Always Bring Your Own Toilet Paper Another vlog today from Our Man in Beijing, Stand-up Economist Yoram Bauman. He's not in China as a comedian, of course, but as an environmental economist, which this post explains. (It also explains why he keeps a roll… Continue reading
Aug 30 Why U.S. Housing Prices Aren’t Falling Off a Cliff Click on the cities above to see how housing prices have changed from June, 2003 to June, 2011 according to the S&P/Case-Shiller Housing Index. Data are in Tuesday morning from what may be the one reliable product coming… Continue reading
Aug 30 Why U.S. Housing Prices Aren’t Falling Off a Cliff Click on the cities above to see how housing prices have changed from June, 2003 to June, 2011 according to the S&P/Case-Shiller Housing Index. Data are in Tuesday morning from what may be the one reliable product coming… Continue reading
Aug 29 Who’s Got the Bigger Economy: China or the U.S.? Paul Solman answers questions from NewsHour viewers and web users on business and economic news on his Making Sen$e page. Here is Monday's query. Name: David Abramowitz Question: It was recently reported that the U.S. has the largest economy… Continue reading
Aug 29 Who’s Got the Bigger Economy: China or the United States? Paul Solman answers questions from NewsHour viewers and web users on business and economic news on his Making Sen$e page. Here is Monday's query. Name: David Abramowitz Question: It was recently reported that the U.S. has the… Continue reading
Aug 26 Same Old Bad News, But No New News From Bernanke Photo of Ben Bernanke Feb. 9, 2011 by Peter Larson/Medill News Service via Flickr user Medill DC via Creative Commons. Fed Chairman Ben Bernanke's breathlessly anticipated speech in Jackson Hole, Wyo. Friday morning was, in essence,… Continue reading