Oct 18 Why this Social Security boost is no boon for lower earners By Philip Moeller Millions of people receiving Social Security and Medicare will suffer next year from financial indigestion. Here's why. Continue reading
Oct 18 Column: GOP tax cuts would make the rich even richer By John Komlos At its core, the GOP tax plan was made by the 1 percent for the 1 percent. Continue reading
Oct 16 A major sticking point in the Republican tax plan, explained By Daniel Bush The state and local tax deduction has become a key sticking point for Republicans negotiating tax reform. How the tax break gets handled will help determine the final price tag of the tax legislation Republicans hope to pass by the… Continue reading
Oct 10 Analysis: How tax reform could impact charitable giving By Jonathan Meer Giving by individuals accounts for nearly three-quarters of charitable giving in the United States, over $280 billion in 2016. Changes to tax policy can have an effect on the incentives individuals and households face when making the decision of how… Continue reading
Oct 09 Watch 9:43 Economics Nobel winner Thaler shed light on how real people behave By PBS News Hour University of Chicago scholar Richard Thaler was honored with the 2017 Nobel Prize in economics for his work questioning traditional assumptions that markets act rationally, and for taking human nature into account. Economics correspondent Paul Solman helps explain Thaler's theories,… Continue watching
Oct 06 The unemployment rate and jobs total went down? What’s up? By Paul Solman The unemployment rate dropped to 4.2 percent in September, while the economy lost 33,000 jobs, according to the monthly Bureau of Labor Statistics' latest jobs report. Continue reading
Oct 06 Column: This innovation could lead to the next financial crisis By Arthur D. Clarke In 1987 it was portfolio insurance; for the Great Recession in 2008 it was securitization. The obvious candidate for the next crisis is Exchange-traded funds, or ETFs. Continue reading
Oct 05 ‘Boosting’ to support her habit — one woman’s nightmare By Paul Solman As part of the NewsHour’s series on the opioid epidemic, Paul Solman interviewed Donna Dibo, a former addict who is participating in a jobs training program in Youngstown, Ohio. Dibo recalled her struggling with opioid addiction and its impact on… Continue reading
Sep 21 Watch 10:29 After Harvey and Irma, what’s the future of flood insurance? By PBS News Hour This hurricane season has caused widespread damage and left some parts of the U.S. and its territories in complete ruins. The National Flood Insurance Program was created in the 1960s to insure high-risk areas like these. But by bailing out… Continue watching
Sep 18 Column: What’s wrong with the Harvard Business School and American business By Bruce Scott Harvard Business School professor emeritus Bruce Scott argues for reforms to the school that he claims could benefit the U.S. economy. Continue reading