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 15 Obama administration files 15th trade challenge against China By Kevin Freking, Associated Press The Obama administration says it is trying to hold China to its commitment to allow set quantities of grain and corn to enter the country subject to a lower tariff rate. Continue reading
Dec 14 Watch 4:32 Raising interest rate, Fed sees stronger economy and faces uncertain policy By PBS News Hour The Federal Reserve hiked a benchmark interest rate on Wednesday. Largely expected but only the second time since 2008, it was a big deal for Fed Chair Janet Yellen to make the announcement. Why now? Jeffrey Brown speaks with Diane… Continue watching
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 11 Watch 9:58 U.S. builds first offshore wind farm By Saskia de Melker, Melanie Saltzman In the U.S. today, wind power accounts for about five percent of all electricity generation, but a new project aims to change that. A $300 million installation off the coast of Block Island, Rhode Island, takes the renewable energy technology… Continue watching
Dec 11 Watch What's next for U.S. monetary policy By PBS News Hour It is widely anticipated that chair of the Federal Reserve Board Janet Yellen will announce an interest rate increase this week during the board’s last meeting of the year. Binyamin Appelbaum, economic reporter at The New York Times, also expects… Continue watching
Dec 09 Trump expected to tap Goldman Sachs banker for White House economic post By Ken Thomas and Josh Boak, Associated Press President-elect Donald Trump is expected to name Goldman Sachs president Gary Cohn to an influential White House economic post, two people informed of the decision said Friday. Cohn would lead the White House National Economic Council, a posting that would… 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