Oct 12 Poverty expert Angus Deaton awarded Nobel prize in economics By Kristen Doerer Princeton economist Angus Deaton was awarded the Nobel Prize in Economic Science on Monday for his analysis of consumption, poverty and welfare. Continue reading
Oct 11 Watch 10:39 In car-centric Texas, cities reap economic boon from light rail By PBS News Hour Light rail train systems across the U.S. are growing by luring economic development around new tracks and stations. In Dallas and Houston, mass transit systems have spurred billions in development. Special Correspondent Karla Murthy reports in this installment of "Urban… Continue watching
Oct 11 Social Security recipients can expect no benefit increase next year By Stephen Ohlemacher, Associated Press For just the third time in 40 years, millions of Social Security recipients, disabled veterans and federal retirees can expect no increase in benefits next year, unwelcome news for more than one-fifth of the nation's population. Continue reading
Oct 09 Career tip: Embrace your planning, but beware your plans By Vikram Mansharamani What if I told you that committing to planning is the best choice you could make and that committing to a plan is just about the worst?… Continue reading
Oct 08 Watch 7:32 What it was like to head the Fed during the 2008 meltdown By PBS News Hour In “The Courage to Act,” former Federal Reserve chairman Ben Bernanke writes that the global economic collapse of 2008 could have resulted in a crisis akin to 1929 had he, his colleagues and policymakers around the world acted differently. He… Continue watching
Oct 08 Watch In a game of wealth, fat cats who don't share keep winning By PBS News Hour An online game asks players to share some of their wealth on faith that the others will reciprocate. But each player has the option of choosing not to share, amassing more and more wealth. In designing a game to test… Continue watching
Oct 08 Watch 54:21 PBS NewsHour full episode October 8, 2015 By PBS News Hour Thursday on the NewsHour, Majority Leader Kevin McCarthy drops out of the race for Speaker of the House. Also: Attorney General Loretta Lynch discusses law enforcement accountability and transparency, Ben Bernanke on who should have taken the fall for the… Continue watching
Oct 08 What you should know about Social Security disability benefits By Laurence Kotlikoff You want your adult disabled child to be independent, but be aware, the Social Security system will penalize them, potentially big time, for the rest of their life is they earn a bit too much in a given year. Continue reading
Oct 07 Column: Why does Medicare allow for the price gouging of prescription drugs? By Philip Moeller The pharmaceutical industry convinced enough legislators in 2003 to forbid Medicare from negotiating drug prices when Congress enacted the law creating Part D drug plans. Continue reading
Oct 06 What's next for the Trans-Pacific Partnership trade deal? Selling it By Kevin Freking, Associated Press Negotiations over the complex trade deal took more than five years. On Tuesday, President Barack Obama began what may be a similarly difficult task — selling the Trans-Pacific Partnership to Congress and the American public. Continue reading