Jan 10 A ‘Perverse’ and Chilly Jobs Report: Unemployment Down, but We’re Leaving the Workforce in Droves By Paul Solman By Paul Solman My preferred word to describe today’s unemployment numbers comes from Robin Harding in this morning’s Financial Times: “perverse” (though you need a subscription to read the article). That is, a paltry 74,000 new jobs… Continue reading
Jan 09 The War on Poverty: Not just a liberal campaign By Shawn Fremstad By Shawn Fremstad Although President Lyndon Johnson, seen here signing the Economic Opportunity Act in 1964, is often identified with the War on Poverty, many of its programs were bipartisan initiatives. Photo courtesy of Wikipedia via LBJ Library. 2014… Continue reading
Jan 09 The War on Poverty: Not Just a Liberal Campaign By Shawn Fremstad Although President Lyndon Johnson, seen here signing the Economic Opportunity Act in 1964, is often identified with the War on Poverty, many of its programs were bipartisan initiatives. Photo courtesy of Wikipedia via LBJ Library. Editor’s Note: 2014 marks… Continue reading
Jan 08 Cleaning ‘dirty’ bills could save the world’s treasuries billions Photo by Flickr user squishyray Scientists have found a greener, low-cost way to prolong the life of soiled, worn paper bills that would save the world's treasuries billions. The solution? Literal laundering, or cleaning, of the… Continue reading
Jan 08 Who counts as poor in America? By Simone Pathe By Simone Pathe The official poverty rate is 15 percent, but that excludes many Americans. Photo courtesy of Joe Raedle/Getty Images. Homeless people without shelter from this week's frigid temperatures. Medicaid patients living out their days in a nursing home. Continue reading
Jan 08 Who Counts as Poor in America? By Simone Pathe The official poverty rate is 15 percent, but that excludes many Americans. Photo courtesy of Joe Raedle/Getty Images. Homeless people without shelter from this week’s frigid temperatures. Medicaid patients living out their days in a nursing home. Orphaned kids raised… Continue reading
Jan 07 Watch How will Yellen’s interest in the ‘human face’ of economics influence policy? How will Yellen's interest in the 'human face' of economics influence policy?… Continue watching
Jan 07 Watch JPMorgan settles for $2.6 billion fine over Madoff fallout JPMorgan Chase agreed to pay a record-breaking $2.6 billion fine to settle criminal charges related to the Bernie Madoff fraud case. Authorities charged the bank had turned a blind eye to Madoff's massive Ponzi scheme. Jeffrey Brown gets more detail… Continue watching
Jan 06 Watch 3:33 News Wrap: Senate confirms Janet Yellen as Fed chief By PBS News Hour In our news wrap Monday, Janet Yellen won Senate confirmation to lead the Federal Reserve. Taking over for outgoing chair Ben Bernanke, the former vice chair becomes the first woman to lead the U.S.'s central bank. Also, peace talks to… Continue watching
Jan 06 Bitcoin values surges after Zynga announces digital currency support .embed-container { position: relative; padding-bottom: 56.25%; padding-top: 30px; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } An online gaming company, Zynga,… Continue reading