Oct 11 Social Security recipients can expect no benefit increase next year By Stephen Ohlemacher, Associated Press For just the third time in 40 years, millions of Social Security recipients, disabled veterans and federal retirees can expect no increase in benefits next year, unwelcome news for more than one-fifth of the nation's population. Continue reading
Mar 18 Somewhere between patient and impatient, Fed looks to June rate hike By Simone Pathe At its March policy meeting, the Federal Open Market Committee refused to lay out a time table for raising interest rates, with Janet Yellen saying that a June rate hike is possible but not definitive. The Fed's economic forecasts, however,… Continue reading
Mar 17 Why you shouldn’t expect wages to rise any time soon By John Komlos For months, the thorn in the side of otherwise sunny jobs reports has been sluggish wage growth. As unemployment falls, wages are supposed to rise. Those expectations will likely play a role in the Fed's policy deliberations this week. But… Continue reading
Mar 14 The economics week in review with Nobel laureate Robert Solow By Paul Solman Paul Solman interviews Nobel laureate Robert Solow abut the week's economics news and looks ahead to the Federal Reserve's policy meeting next week. Continue reading
Mar 06 Wages are sore spot on strong February jobs report By Simone Pathe 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… Continue reading
Jan 22 Will Super Mario save Europe’s bacon? By Simone Pathe 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$e breaks down how bond purchases work and turns to the Council… Continue reading
Jan 09 We’re adding jobs like it’s 1999, but American workers just can’t get a raise By Simone Pathe The final unemployment report of 2014, released Friday morning, ended a solid year of payroll gains. But despite December's additional 252,000 jobs and the lowest unemployment rate since 2008, wages aren't rising. In fact, average hourly earnings fell in December,… Continue reading
Dec 16 Watch 6:29 Does economic turbulence hurt Putin’s power? – Part 2 By PBS News Hour Continue watching
Dec 16 Watch 2:12 Sanctions, cheap oil take toll on Russia’s struggling currency – Part 1 By PBS News Hour Continue watching
Nov 06 From Alan Greenspan to Justin Wolfers, economists consider the Fed’s ‘Dual Mandate’ By Simone Pathe On the eve of the release of October's employment data, which will paint the first official portrait of the labor market since the Federal Reserve ended quantitative easing last week, Making Sen$e turns to top economists, many of them former… Continue reading