Sep 19 Report: 4 out of 5 Americans have less than a year’s income saved for retirement By Philip Moeller A report released this week by the National Institute on Retirement Security found four out of five working Americans have less than one year's income saved for retirement. Continue reading
Sep 18 Watch 4:32 Who is more vulnerable in the escalating U.S.-China trade war? China set out to retaliate against new U.S. import taxes on Chinese goods on Tuesday by saying it would levy tariffs on $60 billion worth of U.S. goods, ranging from agricultural products and machinery to chemicals. John Yang talks with… Continue watching
Sep 18 Who stands to be hurt by the U.S.-China trade war? By Paul Wiseman, Associated Press WASHINGTON — By imposing tariffs on $200 billion more in Chinese goods starting next week, President Donald Trump has intensified his trade war with Beijing and triggered the likelihood of price increases for many American companies and consumers. Beijing officials… Continue reading
Sep 18 Why billionaire investors are gambling on news publications By Gretchen Frazee Why are billionaire entrepreneurs spending their money purchasing newspapers and magazines that appear to be losing money? A mix of philanthropy, ego and ambition. Continue reading
Sep 18 China retaliates with tariffs on $60 billion of U.S. goods By Joe McDonald, Associated Press The new tax on U.S. goods imported into China is a response to President Donald Trump's decision to hike tariffs on $200 billion of Chinese goods. Continue reading
Sep 17 Trump administration announces new tariffs on $200 billion in Chinese goods By Paul Wiseman, Martin Crutsinger, Associated Press The tariffs will start at 10 percent, beginning Monday of next week, and then rise to 25 percent on Jan. 1. Continue reading
Sep 17 Thai cave rescue diver sues Tesla CEO Elon Musk By Tom Krishner, Associated Press Elon Musk called Vernon Unsworth a "pedo" in a tweet after Unsworth criticized Musk in a television interview. Continue reading
Sep 17 Colleges face pressure to answer a basic question: What are students learning? By Jon Marcus, The Hechinger Report The push is coming from policymakers and consumers who want to know the return on their investments in college. Continue reading
Sep 14 What we learned from Walter Mischel, the late creator of the marshmallow test By Paul Solman Psychologist Walter Mischel's marshmallow test studied the concept of delayed gratification and its correlation to economic success. Continue reading
Sep 13 Watch 8:11 How the 2008 financial crisis crashed the economy and changed the world By Paul Solman Ten years ago this week, the collapse of Lehman Brothers became the signal event of the 2008 financial crisis. Its effects and the recession that followed, on income, wealth, disparity and politics are still with us. Economics correspondent Paul Solman… Continue watching