Sep 18 Why sell your mansion for less than $1M? By Making Sen$e Editor Mansions, especially in New York City and New Jersey, are often worth more than $1 million. But they're not always being sold for that much. Economists from the National Bureau of Economic Research explain why. Continue reading
Sep 17 Fed announcement drives new record close for Dow Jones By Justin Scuiletti The Dow Jones industrial average closed at a record high today after a Federal Reserve announcement affirming the continuation of a near zero short-term interest rate for a "considerable time."… Continue reading
Sep 17 Is the Federal Reserve printing a free lunch? By Terry Burnham The Federal Reserve is nearing the final drawdown of its quantitative easing program, which, in several ways, has helped reduce the budget deficit. But has that really been such a free lunch, asks economist Terry Burnham?… Continue reading
Sep 15 Watch How engaging diversity made Xerox a company to copy By PBS News Hour Xerox, a $22 billion company, is the first Fortune-500 corporation to have a female CEO. Its commitment to a diverse workforce began in the 1960s, when the founder pledged job opportunities for the African-American community. Economics correspondent Paul Solman explores… Continue watching
Sep 15 You need to dump your hubby and collect on your ex By Laurence Kotlikoff Social Security expert Larry Kotlikoff explains why you collecting on your ex-spouse's work record can yield better Social Security benefits. Continue reading
Sep 15 How Xerox became a leader in diversity — and why that’s good for business By Paul Solman In the early 1990s, Xerox wasn’t just a company. “To Xerox” was a verb, reflecting the company’s singular focus on producing copying machines. But faced with competition from digital imaging, Xerox has had to change their focus; they’re now in… Continue reading
Sep 15 It’s official: Minecraft game to join Microsoft in $2.5 billion deal By Sarah Corapi Microsoft Corp. confirmed Monday that it has agreed to purchase Mojang, the company behind the popular video game “Minecraft”, for $2.5 billion. The acquisition, which is due to close later this year, could help strengthen Microsoft’s Xbox and mobile businesses. Continue reading
Sep 15 Stop pretending you know what the Export-Import Bank is By Simone Pathe You've heard of it. It has something to do with jobs, and maybe Boeing. But what exactly is the Export-Import Bank, and what are its prospects for survival beyond its Sept. 30 expiration date?… Continue reading
Sep 12 Why is Wall Street becoming more bipolar? By Making Sen$e Editor There's something increasing volatility on securities markets. Researchers from the National Bureau of Economic Research take a closer look at Exchange Traded Funds (ETFs), whose rapid rise over recent decades seems to be having a big impact on the stocks… Continue reading