Oct 24 Who is winning the U.S.-China trade war? Look at the stock markets By Paul Solman One way to look at the results since Trump fired the first salvo in the trade battle is to compare the performance of the rivals’ stock markets since that day. Continue reading
Oct 23 What the Mega Millions can teach you about investing By Gretchen Frazee People tend to overestimate the likelihood of events that have a low probability, like winning the Mega Millions or investing in the next Apple. Continue reading
Oct 23 Dow Jones dives more than 500 points following slide in global markets By Alex Veiga, Associated Press Investors are growing increasingly unsettled by the prospects for China's economy and the cost of President Donald Trump's aggressive trade policies. Continue reading
Oct 19 Poor communities can be left behind during hiring booms, study shows By Josh Boak, Associated Press New research led by Harvard economist Raj Chetty shows that when cities experience job surges, the gains mostly bypass residents born into poverty. Continue reading
Oct 18 Watch 7:27 Why the federal deficit is rising, despite economic growth With the close of the government's fiscal year, numbers out this week show the federal budget deficit taking a 17 percent jump from 2017, despite significant economic growth. John Yang takes a closer look into the data and speaks with… Continue watching
Oct 18 Watch 9:21 Proposed immigration policy penalizes legal residents for use of public benefits By Catherine Rampell The Trump administration has proposed reinterpreting a piece of immigration law intended to screen whether legal immigrants are likely to be self-supporting or end up consuming public benefits. Known as the “public charge” rule, it’s sowing concern even among green… Continue watching
Oct 18 Companies are paying less after the GOP tax cut, and it’s showing in the deficit By Gretchen Frazee Corporations paid $205 billion in taxes during fiscal year 2018, $92 billion less than the year before. Continue reading
Oct 18 From entry-level to executive, today’s jobs demand digital literacy By Benjamin Herold, Education Week At one health industry company, digital literacy skills are needed across the board. Continue reading
Oct 18 Treasury Secretary Mnuchin won’t attend Saudi investment conference By Martin Crutsinger, Associated Press Mnuchin has pulled out of the conference in Saudi Arabia following the disappearance of journalist Jamal Khashoggi. Continue reading
Oct 17 Medicare open enrollment has begun. Here’s how to navigate your options By Philip Moeller The 43 million people who use private Medicare Advantage plans will likely need to use the online Plan Finder tool to evaluate plans during in the 2019 enrollment period, which runs through Dec. 7. Continue reading