Oct 20 Watch Will Apple Pay phase out the wallet? By PBS News Hour From wristwatch to wallet, the cell phone is absorbing more and more forms of personal technology. How does Apple Pay, a new financial transaction service from Apple, affect consumers and how we pay for things? Hari Sreenivasan explores the launch… Continue watching
Oct 20 Yes, Social Security can cancel your benefit. This is how By Laurence Kotlikoff Expecting your Social Security check after paying FICA taxes for years? You may be disappointed. You won't receive your own Social Security benefit if you receive a survivor benefit, for example, that is larger. In other words, you cannot receive… Continue reading
Oct 20 After medical legalization, what are the costs of getting high? By Simone Pathe The legalization of marijuana for medicinal purposes has increased its abuse and dependence, as well as binge drinking, in Americans over 21, according to a study from the National Bureau of Economic Research. Why do economists care? Productivity loss. Continue reading
Oct 17 Americans consider inequality world's greatest danger By Simone Pathe What's the biggest global threat these days? If you ask Americans and Europeans, it's economic inequality. In the Middle East, religious and ethnic hatred is of most concern. The Pew Research Center's Global Attitudes Project surveyed 48,643 people around the… Continue reading
Oct 16 Watch HBO offers streaming service as viewers shift to TV à la carte By PBS News Hour Continue watching
Oct 16 The two great fears driving the stock market By Doug Dachille Wall Street money manager Doug Dachille identifies two risk factors for market volatility and argues that unless the Fed has cooked up a new economic therapy to respond to the next bout of deflation, there may be more significant economic… Continue reading
Oct 15 Watch Shrinking U.S. deficit shows stability amid market jitters By PBS News Hour Worries about Ebola, Europe and the U.S. economy drove another dive on Wall Street. On the same day, the Obama administration announced the national deficit has declined to its lowest level since 2007. Gwen Ifill talks to Treasury Secretary Jack… Continue watching
Oct 15 Treasury Secretary Jack Lew: Stop treating budget matters with crisis-driven politics By Anne Azzi Davenport Following the briefing, Gwen Ifill sat down with Treasury Secretary Jack Lew and Office of Management Budget Director Shaun Donovan to talk about the deficit, why it's grown smaller and its potential growth in the years to come. Continue reading
Oct 15 Watch Treasury Chief Jack Lew: Stop treating budget matters with crisis-driven politics By PBS News Hour Continue watching