Dec 27 What worries India’s top banker? In 2005, the world's leading economists gathered for an annual meeting in Jackson Hole, Wyoming to discuss the global economy, and to honor soon-to-retire Alan Greenspan. Raghuram Rajan, then a professor at the University of Chicago presented a paper titled… Continue reading
Dec 23 Watch Scrooge alert: Your holiday spending may result in an economic loss Scrooge alert: Your holiday spending may result in an economic loss… Continue watching
Dec 11 Watch Nobel economist Robert Shiller on how the stock market reflects psychology Economist Robert Shiller wins Nobel Prize for his skeptical perspective… Continue watching
Dec 02 How the Weather Channel helps retailers predict what you’ll buy next .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%; } Video by NYC Media… Continue reading
Nov 28 Watch Thursday, November 28, 2013 The latest crackdown in Egypt sparked protests leading to arrests and violence. Continue watching
Nov 28 Watch Exploring the economics of the first Thanksgiving The first Thanksgiving in Plymouth, Mass., probably didn't resemble the modern holiday we celebrate today. Economics correspondent Paul Solman steps back in time to explore the contrasting exchange models used by Native Americans and pilgrims in 1621 and how that… Continue watching
Nov 13 With budget talks ongoing, CBO releases 103 ways to cut the deficit Photo courtesy of Andrew Harrer/Bloomberg via Getty Images There's no shortage of measures to argue over when it comes to determining spending levels. The Congressional Budget Office on Wednesday released a report of 103 policy options… Continue reading
Nov 11 Obama is rare Democrat to govern with bull market in second term Mario Tama/Getty Images Re-elected Republican presidents have generally presided over the best stock market returns, but the first year of President Barack Obama's second term could suspend that trend. The jump in the Standard & Poor's 500 Index… Continue reading
Oct 30 Deficit declines by 38 percent in 2013 RT the good news: Since 2009, we've reduced the deficit by more than half --> http://t.co/sdmyCcspIP #Progress, pic.twitter.com/6sctc86jeo— The White House (@WhiteHouse) October 30, 2013 Image courtesy of the Office of Management and Budget The… Continue reading
Oct 29 Housing prices rise, but consumer confidence suffers a huge drop In economics news, consumer confidence dropped sharply last month due to fallout from the government shutdown. But housing prices rose at the highest rate since 2006. Continue reading