Dec 10 How the economics Nobel laureates' methods could help fight poverty in the U.S. By Vincent Quan, Econofact Abhijit Banerjee, Esther Duflo, and Michael Kremer's experimental-based approach is being used to tackle poverty and other social issues in the U.S. Continue reading
Dec 09 Watch 2:15 Remembering former Fed chair and economic giant Paul Volcker By Paul Solman Paul Volcker, who served as chair of the Federal Reserve for two presidents, died Monday. His passing came 40 years after he drove interest rates to record highs in an effort to tame double-digit inflation. Known for his height and… Continue watching
Dec 09 Trump and Democrats in tentative deal on USMCA trade pact By Andrew Taylor, Lisa Mascaro, Associated Press Details still need to be finalized and the U.S. Trade Representative will need to submit the implementing legislation to Congress. Continue reading
Dec 09 Inventor of widely used bar code dies at 94 By Associated Press George J. Laurer's invention, the Universal Product Code, transformed retail and other industries around the world. Continue reading
Dec 09 Former Federal Reserve chairman Paul Volcker dies at age 92 By Paul Wiseman, Christopher Rugaber, Associated Press Volcker took charge of the Fed in August 1979, when the U.S. economy was slipping into the grip of runaway inflation. Continue reading
Dec 06 Column: To boost economic growth, support entrepreneurs By Victor W. Hwang, Ewing Marion Kauffman Foundation, John M. Bridgeland, Civic Hiding in plain sight is a vast opportunity to unite our nation and grow our economy. Continue reading
Dec 06 OPEC nations and Russia agree to cut oil output to lift prices By David McHugh, Associated Press The nations have agreed to cut their crude production by an extra 500,000 barrels a day. Continue reading
Dec 06 China waives tariff hikes on U.S. soybeans and pork By Associated Press Beijing promised in September to lift the tariffs, adding to conciliatory steps that raised hopes for a settlement. Continue reading
Dec 06 U.S. economy adds a robust 266,000 jobs in November By Christopher Rugaber, Associated Press The unemployment rate declined to 3.5% from 3.6% in October, matching a half-century low, the Labor Department reported Friday. And wages rose a solid 3.1% in November compared with a year earlier. Continue reading
Dec 05 Watch 6:40 The Who's Pete Townshend doesn't enjoy performing. Here's what he'd rather do By Paul Solman Fifty-five years after co-founding the rock band The Who, Pete Townshend is still at it. The lead lyricist and guitarist says he actually doesn’t enjoy performing but views it as an “easy” job necessary to finance his lifestyle and support… Continue watching