Mar 07 German parliament passes gender quota for corporate boards By Daniel Costa-Roberts Major German companies will soon be required to make sure 30 percent of their supervisory board seats are filled by women. The quota is part of a new law, approved Friday by Germany’s parliament, intended to improve women’s representation on… Continue reading
Mar 06 Watch 6:39 Job gains continue, so why are wages stubbornly stagnant? By PBS News Hour February’s labor report came in with stronger growth than expected, with 295,000 jobs added last month and the lowest unemployment rate since the 2008 financial crisis. But wage growth continues to lag, with hourly earning rising just one tenth of… Continue watching
Mar 06 From homeowner to homeless, meet a victim of Florida’s ongoing foreclosure crisis By Simone Pathe Florida's foreclosure crisis isn't over. David, whose last name we're not using, used to have a job, a paycheck and a roof over his head. But days after he handed over the keys to his house for cash, he found… Continue reading
Mar 06 Watch Meet a victim of Florida’s ongoing foreclosure crisis By PBS News Hour Continue watching
Mar 06 Dow Jones shuffle: Apple in, AT&T out By Anna Sillers After Apple’s seven-for-one stock split this past June, the tech company will be joining the Dow Jones Industrial Average, and AT&T has been kicked out, the index announced Friday. The change will take effect on March 18. Continue reading
Mar 06 Wages are sore spot on strong February jobs report By Simone Pathe Despite harsh winter weather, the economy added 295,000 jobs in February and the unemployment rate fell to its lowest since mid-2008. Those are signs of a recovering labor market that the Federal Reserve might use to justify an interest rate… Continue reading
Mar 05 Watch 8:53 Get ready for another round of the foreclosure crisis By PBS News Hour Despite what you might have heard, the foreclosure crisis is far from over. Economics correspondent Paul Solman talks to people in Florida who have lost their homes, and considers whether a wave of new foreclosures is on the horizon. Continue watching
Mar 05 America can be a full-employment economy once again By John Komlos How close will February's unemployment rate come to "full employment"? Not close enough, argues economist John Komlos, who believes the right to life implies a right to a job. Komlos is the author of “What Every Economics Student Needs to… Continue reading
Mar 04 Why this is only the beginning of the fight over the Fed By Simone Pathe Observers on both sides of the aisle agree that partisan bickering, especially over the Federal Reserve, is at an all-time high. Look for the debate over the Fed to play a key role in upcoming presidential nominating contests, says former… Continue reading
Mar 04 Why are my health insurance premiums going up and up? By Philip Moeller A reader's insurance agent says that everyone's premiums are going up. But the reader wonders if he could be spending less. Making Sen$e Medicare Maven Phil Moeller tells him what to look for. Continue reading