What’s the best engine to drive the economy? More money for the rich, or better wages for the working class? Economics correspondent Paul Solman explores the debate between those two lines of thought with billionaire venture capitalist Nick Hanauer and…
Frozen ginger slushies, tea-based pro-biotic drinks, a bed bug-killing steam machine -- these are just a few of the locally-grown products coming out of Brooklyn’s burgeoning artisan economy. But as popular as these start-ups may be, are they generating more…
he unemployment rate in the U.S. dropped to 6.1 percent in June, its lowest point since just before the financial crisis of 2008. Moreover, a strong hiring report is lifting hopes that momentum is building in the jobs market. Economics…
The economy added 217,000 jobs in May and the unemployment rate stayed the same as the previous month at 6.3 percent. The payroll number exceeded consensus expectations of about 213,000 jobs, but more significantly, this is a landmark month because…
On a recent U.S. press tour for his bestselling book "Capital," French economist Thomas Piketty spoke to standing-room-only crowds about his examination of growing, global economic inequality. Economics correspondent Paul Solman interviews Piketty for his take on why inequality of…
In most of the country, child care is the most expensive part of the family budget. Infant care now costs more than state college tuition in many places. But while it might demand a luxury price, offering important advantages to…
The jobs report released Friday finds that employers added 288,000 jobs in April and the unemployment rate fell to 6.3 percent. However, the dip in unemployment was driven by a sharp decline — more than 800,000 — in the number…
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