Dec 09 10 things you didn’t know about ‘immigration for the 1 percent’ By Kristen Doerer If you’re a wealthy foreigner with half a million dollars to spare, you can jump to the front of the line to come to the U.S. The EB-5, a little-known employment-based visa program for foreign investors, has soared in popularity… Continue reading
Dec 09 Column: Ignore this piece of advice from Social Security to get maximum coverage By Laurence Kotlikoff Approach your longevity risk like you'd approach any other kind of insurable risk. In this case, it means waiting to collect much higher benefits. Continue reading
Dec 08 Watch 8:25 Should Congress rein in this controversial visa program? By PBS News Hour The EB-5 visa program allows foreign investors to obtain green cards, provided they invest $500,000 to $1 million. The program is up for reauthorization in Congress, and as economics correspondent Paul Solman reports, there is some controversy over whether or… Continue watching
Dec 07 Clinton offers new ‘exit tax’ on U.S.-foreign company mergers By Lisa Lerer, Associated Press Hillary Clinton on Wednesday will unveil a proposal for a new "exit tax" aimed at cracking down on corporate inversions, a practice that permits U.S. companies to merge with corporations overseas to lower their tax bill. Continue reading
Dec 06 Watch 9:15 New report finds Americans lack economic mobility, opportunity By PBS News Hour A striking lack of economic mobility exists in America, according to a new report released this week by the Brookings Institute and the American Enterprise Institute. Authors of the report, Kay Hymowitz and Larry Aber join NewsHour's Megan Thompson to… Continue watching
Dec 04 Watch 3:17 News Wrap: U.S. economy turns in solid November jobs numbers By PBS News Hour In our news wrap Friday, American employers added a net of 211,000 jobs in November, keeping unemployment steady at its lowest rate in seven and a half years. Also, OPEC announced it will keep pumping record volumes of oil into… Continue watching
Dec 04 The one fact you probably didn’t pick up on in November’s jobs report By Kristen Doerer The U.S. economy added 211,000 jobs in November, beating out economists’ forecasts of 200,000, while the unemployment rate remained unchanged at 5 percent. Continue reading
Dec 04 The bait-and-switch strategy of app development is doomed to fail By Olivia Barrow If you joined Snapchat when it was first created, watched Hulu when it was blissfully ad-free, browsed Twitter when it was only genuine tweets or even touched a computer or smartphone in the last 10 years, you’ve probably noticed it. Continue reading
Dec 03 Watch 5:26 How the benefits of climate action may outweigh the costs By PBS News Hour For two economists, the probability of true catastrophe due to human-caused global warming prompted them to write "Climate Shock: The Economic Consequences of a Hotter Planet," which examines looming dangers and possible solutions. Economics correspondent Paul Solman takes a look… Continue watching
Dec 03 An economist’s take on how to combat climate change By Gernot Wagner, Martin L. Weitzman Can economics help tackle the immense problem that is climate change?… Continue reading