Jan 18 Watch Were criminal gangs involved in the Target security breach? By PBS News Hour New information emerged Saturday about a holiday security breach at retailers, including Target, which the retail giant said affected over 110 million customers. Who was behind the attack and how did they carry it out? Hari Sreenivasan and Mike Riley… Continue watching
Jan 17 How do we fix the unequal economy? By Paul Solman The solution to economic inequality depends on what you think the cause is. Continue reading
Jan 16 Target officials to testify on Capitol Hill By Bridget Bowman Following a holiday data breach, representatives from Target will testify before Congress. Earlier this week, Senator Claire McCaskill, D-Mo., and Sen. Jay Rockefeller, D-W.Va., also demanded that Target provide answers about the hack that affected millions of Americans. Continue reading
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