Oct 05 The Price of Precious By Kristin Miller In these images from the October 125th anniversary issue of National Geographic magazine, photographer Marcus Bleasdale documents child labor in camps that extract not blood diamonds, but tin, tungsten and tantalum -- minerals used in electronic products. © Marcus Bleasdale/National… Continue reading
Oct 05 Market #FAIL: Eager investors appear to mix up 'Tweeter' with 'Twitter' A long-bankrupt electronics retailer saw a sudden revival in the stock market on Friday after some investors confused the defunct company with the social networking service Twitter. Twitter expects to raise about $1 billion in its IPO. Tweeter Home… Continue reading
Oct 05 Four secrets of debt default: Two to scare you; two to reassure By Paul Solman The good news is that the bond market isn't acting like default is imminent. The bad news is that if the Treasury runs out of money, they can't simply prioritize who gets the remaining checks. Photo courtesy of Flickr user… Continue reading
Oct 05 Four Secrets of Debt Default: Two to Scare You; Two to Reassure By Paul Solman By Paul Solman The good news is that the bond market isn't acting like default is imminent. The bad news is that if the Treasury runs out of money, they can't simply prioritize who gets the remaining checks. Photo courtesy… Continue reading
Oct 04 Watch Twitter's revenue numbers reflect general shift of web from desktop to phone Twitter's revenue numbers reflect general shift of web from desktop to phone… Continue watching
Oct 04 Watch Bitcoin gains mainstream interest after initial 'outlier' appeal Bitcoin gains mainstream interest after initial 'outlier' appeal… Continue watching
Oct 04 Why Millennials are struggling, grannies are thriving, and what to do about it A "lost decade" has made it difficult for millennials to launch careers and cost them earnings. It takes them longer than young adults in their parents' generation to reach the middle of the wage distribution. Photo courtesy of Flickr user… Continue reading
Oct 04 Why Millennials Are Struggling, Grannies Are Thriving, and What to Do About It By Anthony Carnevale, Andrew Hanson and Artem Gulish It takes millennials longer than young adults in their parents' generation to reach the middle of the wage distribution. Photo courtesy of Flickr user Clint McMahon. Editor's Note: Millennials are the most… Continue reading
Oct 03 One-week shutdown will reduce 4th quarter growth The Committee for a Responsible Federal Budget assembled analysts' and banks' predictions of how the shutdown will affect GDP growth into what WonkBlog is calling, "How the shutdown hurts the economy, in one chart." "The consensus is… Continue reading
Oct 03 Treasury warns of catastrophic consequences if debt ceiling isn't raised Photo by Flickr user Tyler Merbler The U.S Treasury warns that a failure to raise the debt ceiling would have devastating economic consequences that could lead to a recession as severe, or worse, than the events of 2008. Continue reading