May 22 The surprising bull: Thomas Piketty on Wall Street By Paul Solman You've heard French economist Thomas Piketty talk about inequality and a global wealth tax to tap into the high rate of return on capital. The stock market is the source of much of that high-end wealth, and Piketty doesn't see… Continue reading
May 21 Watch Growing list of recalls may be more than a bump in the road for GM's reputation By PBS News Hour Continue watching
May 21 Why one economist isn't running with the bulls: Dow 5,000 remains closer than you think By Terry Burnham The impending end of the government's unprecedented monetary and fiscal policies will be a revelatory moment for the U.S. economy. Will the market continue booming without those interventions? Terry Burnham isn't buying that it will. Continue reading
May 20 Watch Will Justice Department's crackdown on Credit Suisse lead to more bank prosecutions? By PBS News Hour Continue watching
May 20 GM recalls an additional 2.42 million vehicles By Justin Scuiletti General Motors announced Tuesday that it is issuing a recall for an additional 2.42 million vehicles, taking on another $200 million in cost. The new recalls raise the total number in 2014 to more than 15 million vehicles… Continue reading
May 19 Watch Sen. Warren takes on Washington to give working class Americans 'A Fighting Chance' By PBS News Hour Sen. Elizabeth Warren joins Judy Woodruff to discuss her new memoir, “A Fighting Chance,” in which she criticizes the big banks and Washington politicians for weakening America’s middle class. Warren advocates for a hike in the minimum wage to ensure… Continue watching
May 19 Protecting your spouse's Social Security when cancer cuts your time short By Laurence Kotlikoff Social Security expert Larry Kotlikoff puts to rest a cancer patient's fears that he and his wife made a mistake by not having her file for spousal benefits as early as age 62 and explains how he can help leave… Continue reading
May 16 Will the rich always get richer? By Laurence Kotlikoff Our regular Social Security columnist takes issue with French economist Thomas Piketty's inequality theory. Income inequality is real, he thinks, but it doesn't stem from the rich accumulating and hoarding ever more private wealth. Continue reading
May 15 The fast food strike: the hard facts behind the Big Mac attack By Simone Pathe Fast food workers in dozens of American cities and across the world walked off the job Thursday to demonstrate for a $15 an hour minimum wage. Talking to a McDonald's worker trying to make ends meet on $9.85 an hour,… Continue reading