Despite harsh winter weather, the economy added 295,000 jobs in February and the unemployment rate fell to its lowest since mid-2008. Those are signs of a recovering labor market that the Federal Reserve might use to justify an interest rate…
How close will February's unemployment rate come to "full employment"? Not close enough, argues economist John Komlos, who believes the right to life implies a right to a job. Komlos is the author of “What Every Economics Student Needs to…
Observers on both sides of the aisle agree that partisan bickering, especially over the Federal Reserve, is at an all-time high. Look for the debate over the Fed to play a key role in upcoming presidential nominating contests, says former…
In our news wrap Tuesday, the Justice Department announced that they found insufficient evidence to charge George Zimmerman for the death of Trayvon Martin in a civil rights case. Also, Secretary of Veterans Affairs Robert McDonald apologized for falsely claiming…
It will be another five months before the federal reserve considers raising short-term interest rates.
European Central Bank President Mario Draghi on Thursday announced an unprecedented plan to purchase 60 billion euros a month in the EU's first stab at quantitative easing. Making Sen$e breaks down how bond purchases work and turns to the Council…
In our news wrap Wednesday, USAID administrator Rajiv Shah announced he’s stepping down hours before the diplomatic deal with Cuba was announced. Shah had overseen the agency’s involvement in secret programs in Cuba. Also, Pakistan mourned and buried victims of…
The Federal Reserve turned financial commentators into would-be linguists Wednesday. The Open Market Committee did not raise interest rates, but it did alter the language used to describe its willingness to wait to raise rates.
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