Jan 16 What Keynes can teach middle class investors By John Wasik John Maynard Keynes is often associated with government intervention, but his investment strategy reveals a die-hard capitalist, argues John Wasik. Continue reading
Jan 15 Watch Sounding an alarm on economic dysfunction by practicing sustainable living By PBS News Hour Continue watching
Jan 15 J.C. Penney cuts 33 stores, 2000 jobs By News Desk J.C. Penney announced store closures and job cuts as part of an effort to turnaround the company. Photo by Flickr user Holiday Gift Nation J.C. Penney announced Wednesday it will close 33 underperforming stores and cut 2,000 jobs… Continue reading
Jan 15 Insured for old age? An economist explains the dangers of long-term care insurance By Lewis Mandell Long-term care insurance has grown increasingly expensive, and for many folks, it's not worth the cost, says Lew Mandell. Continue reading
Jan 15 Obama to announce new manufacturing consortium in NC By Darlene Superville, Associated Press Highlighting the growing manufacturing sector of the U.S. economy, President Barack Obama is proposing new ways for the government and the private sector to help keep those jobs coming. The White House said Obama will announce Wednesday in Raleigh, N.C.,… Continue reading
Jan 14 Congress asks Target to testify on data breach By Bridget Bowman Senators are asking Target information security officials to testify before Congress over the recent data breach. Photo by Joe Raedle/Getty Images Senators are calling Target officials to testify on Capitol Hill over the recent holiday… Continue reading
Jan 13 Do Not Take Social Security Benefits Early Just Because You Think You Can Invest Them at a Profit By Laurence Kotlikoff Social Security is an insurance policy, not an investment, so don't let thoughts about breaking even influence when you collect your benefits, argues Larry Kotlikoff. Continue reading
Jan 11 Watch Stagnant wages imperil financial security Wages in the U.S. have been largely stagnant over the past 45 years, but during the same time span consumer prices have risen dramatically. Hari Sreenivasan discusses this trend and its effect on poverty with Bloomberg BusinessWeek reporter, Roben Farzad. Continue watching
Jan 11 When a raise means losing ground for low-income families As part of NewsHour Weekend's coverage of the rising rates of poverty in American suburbs, we also refer to the "cliff effect." This phenomenon occurs when a family begins to earn above the limits set by the state… Continue reading
Jan 11 Poverty grows on Maple Street In 1964, as President Lyndon Johnson launched a broad platform to abolish American poverty, images of American poverty focused on the inner-city and rural poor. Today, fifty years later, statistics reveal another rapidly-growing group living in poverty:… Continue reading