Nov 03 Why Paul Krugman thinks inflation fears are baloney By Paul Krugman There's no inflation threat to speak of right now, says Paul Krugman. In fact, deflation poses a bigger danger, he argues. And even if inflation should creep over the Fed's 2 percent target, Krugman is confident the Fed has the… Continue reading
Nov 01 Watch What's behind the latest surge on Wall Street? By PBS News Hour Stock prices continue going up, as the Dow Jones Industrial Average and the S&P 500 closed at record highs on Friday. To explore what's pushing the numbers higher, Roben Farzad, host of the radio show, "Full Disclosure," joins Hari Sreenivasan… Continue watching
Oct 31 If high inflation is not here yet, why should the Fed change course? By Charles Calomiris The Federal Reserve shouldn't be worried about inflation rising over the next six months, or even year, says conservative economist Charles Calomiris. But given how much quantitative easing bloated the central bank's balance sheet, when inflation does rise -- and… Continue reading
Oct 31 The other Ebola scare: the rising cost of chocolate By Santi Falcone With Ebola inducing fears about West Africa's cocoa supply, truffle maker Santi Falcone is paying agribusiness giant Cargill more than he ever has for chocolate. And because he just signed a one-year contract, the pinch Falcone is feeling won't let… Continue reading
Oct 30 Watch The economy is improving, so why aren't voters embracing the optimism? By PBS News Hour Continue watching
Oct 30 Paul Krugman on why Janet Yellen is the un-central banker By Paul Krugman Paul Krugman may not be pleased with the Fed's decision Wednesday to end their bond buying, but he is heartened by Janet Yellen's concern for the unemployed. Continue reading
Oct 29 Watch Why the Fed frets about both jobs and inflation By PBS News Hour After six years of financial stimulus to mitigate the fallout from the 2008 collapse, the Federal Reserve is ending its money creation programs. But the country is still in economic recovery and the role of the Federal Reserve is still… Continue watching
Oct 29 Federal Reserve ends six years of quantitative easing By Simone Pathe After six years, the Federal Reserve announced the final drawdown of its bonding-buying program known as quantitative easing, or QE, at the end of its two-day policy meeting Wednesday. Continue reading
Oct 29 The Fed's dual mandate in song: it's 'harder than you'll ever know' By Jon Shayne As the Federal Reserve's policy committee ends its two-day meeting Wednesday, Nashville money manager Jon Shayne (aka econo-crooner Merle Hazard) releases his latest music video bemoaning the central bank's "Dual Mandate" to, on the one hand, keep prices stable, and,… Continue reading
Oct 29 Don't let your Medicare Advantage plan disappear on you By Philip Moeller If your current Medicare Advantage plan will no longer be offered next year, you should have received a notice to that effect. And you should have read it. Maybe you did and maybe you didn’t. Making Sen$e Medicare Maven Phillip… Continue reading