Oct 21 Nearly 6 million young Americans don't work or go to school Job seekers roam a job fair in Manhattan last December.Getty Images WASHINGTON -- Almost 6 million young people are neither in school nor working, according to a study released Monday. That's almost 15 percent of those aged 16 to… Continue reading
Oct 20 Watch J.P. Morgan's $13 billion penalty A tentative deal was reached yesterday between the Justice Department and JP Morgan Chase. The agreement would require chase, the nation's largest bank, to pay a record 13-billion dollar penalty. Dawn Kopecki, a banking reporter with Bloomberg News, who has… Continue watching
Oct 20 Who made money on the presidential prediction markets and who lost By Paul Solman President Barack Obama, seen here debating former Massachusetts Gov. Mitt Romney, wasn't the only winner of the 2012 election. Thanks to offshore presidential prediction markets, one Romney-backer's $4 million loss bankrolled a grad student's winter break in Portugal. Photo courtesy… Continue reading
Oct 20 Who Made Money on the Presidential Prediction Markets and Who Lost By Paul Solman President Barack Obama, seen here debating former Massachusetts Gov. Mitt Romney, wasn't the only winner of the 2012 election. Thanks to offshore presidential prediction markets, one Romney-backer's $4 million loss bankrolled a grad student's winter break in Portugal. Photo courtesy… Continue reading
Oct 18 Chilecon Valley: Entrepreneurs very welcome EmbedVideo(7737, 514, 320); While United States immigration policy makes it difficult for immigrant entrepreneurs to get visas to set up shop in the United States, Chile is welcoming them with open arms. Through an initiative called Start-Up… Continue reading
Oct 18 How to teach children to be savvy consumers: Let them spend In 2011, Paul Solman got a first-hand look at how Elmo was exercising self-control to save money. Vicki Hoefle tells you how to get your kids to do the same. If children represent the future of this country, their financial… Continue reading
Oct 17 Little Libertarians on the Prairie As libertarian values move back into the mainstream of American politics, few citizens think to link them to a series of beloved childhood books, writes Christine Woodside. Photo courtesy of Flickr user Bo Insogna. Continue reading
Oct 17 Little Libertarians on the Prairie By Christine Woodside A beloved children's book series helped sell libertarian values. Photo courtesy of Flickr user Bo Insogna. Simone Pathe: I had the entire set of "Little House" books. They came in an illustrated cardboard box… Continue reading
Oct 16 Economist Mark Zandi lays out default timeline Congress seems to be on its way to reaching a debt limit deal, albeit a short-term one. If lawmakers fail to compromise on a plan before the Thursday deadline, it's a "very dark scenario," said Mark Zandi, chief economist… Continue reading
Oct 16 Robert Reich: Making people laugh about economic inequality In part two of our extended conversation with Robert Reich, he explains how he first met Bill Clinton in 1968 and why laughing is so essential to learning. Watch Making Sen$e's broadcast interview with Reich above. Continue reading