Dec 15 How did the pollsters get Trump’s win so wrong? They didn’t, says economist Justin Wolfers By Paul Solman Donald Trump was elected president, but the grand majority of polls, pollsters and prediction markets showed that a Clinton presidency was more likely. How did they get it so wrong?… Continue reading
Dec 15 Column: Several governments are destroying their own bank notes. Here’s why. By Vikram Mansharamani Nov. 8 will be remembered in India for a long time to come. In a televised speech to the nation, Prime Minister Narendra Modi announced that cash notes representing 86 percent of the country’s circulating currency would no longer be… Continue reading
Dec 15 Column: Would EPA deregulation help industry? History says otherwise By George C. Lodge It is a truism often forgotten: Industries need regulation — for their own protection and profitability. Continue reading
Dec 14 Federal Reserve raises key interest rate and signals more to come in 2017 By Kristen Doerer The Federal Reserve decided today to raise its benchmark interest rate .25 percent, a move widely expected by investors and economists. So what does the move mean for you?… Continue reading
Dec 14 Column: Social Security needs to be reformed, not have its funding cut By Philip Moeller There is ample room for disagreement over how to reform Social Security. There should be no disagreement over adequately funding the agency to do its appointed job. Continue reading
Dec 12 Column: Why the Fed may aggressively raise rates in 2017 By Terry Burnham To understand Janet Yellen’s motivation, consider that it has been seven years since the last U.S. recession ended. Since World War II, recessions have arrived about once every six years. Another recession is coming; the only unknown is the date. Continue reading
Dec 09 Column: Women, it’s time to ask for a raise By Sallie Krawcheck Go ask for that bonus or that raise. Continue reading
Dec 08 Column: Cyber systems can both nourish and poison us. We need to focus on the latter By Vikram Mansharamani The same technologies that enable us to rapidly order an Uber or to instantaneously download the latest book by Michael Lewis can also empty our bank accounts or steal our identities. Continue reading
Dec 08 How plans to repeal the Affordable Care Act could affect Medicare By Philip Moeller There continue to be loud drumbeats from Congressional Republican leaders that they will repeal the Affordable Care Act and also consider significant changes to Medicare and Medicaid. Continue reading
Dec 06 Japanese mogul pledges $50 billion U.S. investment after meeting with Trump By Josh Boak and Tali Arbel, Associated Press After meeting with Donald Trump on Tuesday, Japanese tech billionaire Masayoshi Son said he will invest $50 billion in the United States and would “commit” to creating 50,000 new jobs. Continue reading