Sep 10 How Can I Preserve, Protect, and Grow My Savings? Question: How should 65-year-olds be preserving their finances in order to make it to 90 without going into the poor house? We’ve lost a big chunk in the market; the savings we have is getting no interest. How can we… Continue reading
Sep 04 How Do We Compare Unemployment Across Decades If More People in a Household Are Working Now? Question: Economic reports routinely compare current unemployment statistics against historical unemployment statistics. However, I haven’t seen any discussion of the significant increase in the number of household members who are employed or looking for employment and its impact on such… Continue reading
Sep 01 Watch Other News: Stocks Slide on Bank Fears In other news, stocks in the U.S. were hit by fears about additional bank failures, and Iran signaled it may be ready to restart talks over its disputed nuclear program. Continue watching
Aug 07 U.S. Unemployment Rate Dips Slightly to 9.4% By Dave Gustafson For the first time since April 2008, the U.S. unemployment rate fell slightly in July, to 9.4 percent, down from 9.5 percent in June. Continue reading
Aug 06 Watch Other News: 4 Marines Killed in Afghan Explosion In other news, four U.S. Marines died in a roadside bombing in Afghanistan, and the Obama administration is considering a new plan to remove billions of dollars worth of troubled loans from the books of mortgage giants Fannie Mae and… Continue watching
Aug 04 Watch Other News: Iran Detains Three Americans; GOP Senators Line up Against Sotomayor In other news, Iranian officials confirmed they have arrested three Americans for allegedly crossing the nation's border illegally, and the full Senate moved to debate the nomination of Sonia Sotomayor to the Supreme Court. Continue watching
Aug 03 What's the Basic Function of the Stock Market? Question: I would like to ask you two simple (some might say “simple-minded”) questions, which may be variants of a single question. No one has yet given me a clear, straightforward answer. Perhaps you can and will. 1) Why does… Continue reading
Aug 03 Watch Other News: New Prison for Gitmo Detainees Considered; Pilot's Remains Found In other news, White House officials confirmed that the administration is weighing creating a prison inside the U.S. to both house and prosecute suspected terrorists, and a bombing carried out by the Taliban killed 11 people in western Afghanistan. Continue watching
Jul 31 Watch Recession Shows Signs of Easing Grip on U.S. Economy New economic figures hinted that the U.S. recession could be slowing down. Jeffrey Brown gets analysis from a banker and a journalist. Continue watching
Jun 12 Watch Finance Fallacy: Stocks in the Long Run Financial advice is often loaded with misconceptions and misinformation. In the latest edition of Finance Fallacy, Paul Solman and Boston University professor Zvi Bodie debunk the belief that investing in stocks is the safest, smartest route to financial security over… Continue watching