Jan 04 312,000 jobs added in December offer dose of economic reassurance By Josh Boak, Associated Press It was an encouraging display of strength for an economy in the midst of a trade war, slowing global growth and a partial shutdown of the federal government. Continue reading
Jan 04 Jerome Powell says he wouldn’t resign if Trump requested it By Associated Press Powell's comments, made during a panel discussion in Atlanta, were immediately cheered by financial markets, which were already rallying on the basis of a strong unemployment report that showed 312,000 jobs were created in December. Continue reading
Jan 03 Watch 2:58 Why a ‘veil of uncertainty’ is causing global market volatility Global markets dropped after Apple CEO Tim Cook announced unforeseen sales declines for iPhones in China. Why is the Chinese economy so important to American business, and what's at the root of global market volatility? Diane Swonk, chief economist with… Continue watching
Jan 03 Watch 9:25 Could socialist policies give American women better lives? By Paul Solman Socialism is becoming increasingly appealing among young Americans who value universal health care, free public college and living wages. In her new book, “Why Women Have Better Sex Under Socialism,” Kristen Ghodsee argues that implementing socialist concepts would make women’s… Continue watching
Jan 03 Stocks take a beating after Apple reports iPhone sales slip By Marley Jay, Associated Press The rare warning of disappointing results from Apple stoked investors' fears that the world's second-biggest economy is losing steam and that trade tensions between Washington and Beijing are making things worse. The Dow Jones Industrial Average plunged 660 points. Continue reading
Jan 03 Read an excerpt from ‘Why Women Have Better Sex Under Socialism’ By Gretchen Frazee "When women enjoy their own sources of income, and the state guarantees social security in old age, illness, and disability, women have no economic reason to stay in abusive, unfulfilling, or otherwise unhealthy relationships," writes Kristen Ghodsee. Continue reading
Jan 02 What does 2019 bring for Medicare and Social Security? By Philip Moeller Your guide to all the income caps, benefit payments and penalties that are changing for both Medicare and Social Security this year. Continue reading
Jan 01 The minimum wage is increasing in these 21 states By Gretchen Frazee With the federal minimum wage remaining stagnant since 2009, more states and cities are raising the minimum wage locally. Continue reading
Dec 31 Stock market suffers worst year since 2008 financial crisis By Alex Veiga, Associated Press The S&P 500 ended the year down 6.2 percent and the Dow Jones Industrial Average was down 5.6 percent. Continue reading
Dec 31 6 New Year’s resolutions for your finances By Gretchen Frazee Spending less and saving more is often at the top of list when Americans make their New Year’s resolutions. Continue reading