At one level, the Government Accountability Office's long-awaited report on whether banks receive subsidies on their borrowing costs by virtue of being Too Big to Fail is somewhat anticlimactic. In the interim, small-c conservative institutions...Show More Summary
Twitter stock is on the rise after strong second quarter earnings, driven in part by the World Cup. Also, the National Labor Relations Board issued a major ruling against McDonalds. Jill Wagner reports on the day's top MoneyWatch headlines.
Many ecological systems feature ‘tipping points’ at which small changes can have sudden, dramatic, and irreversible effects, and scientists worry that greenhouse gas emissions could trigger climate catastrophes. This column argues that this renders the marginal cost-benefit analysis usually employed in integrated assessment models inadequate. Show More Summary
Graham Loomes, Ganna Pogrebna, 2 August 2014 Researchers use various measures of individual risk attitudes to help explain a wide variety of economic behaviours, including investment decisions and firms
From housing economist Tom Lawler:The Ryland Group reported that net home orders in the quarter ended June 30, 2014 totaled 2,228, up 1.7% from the comparable quarter of 2013. Sales per community last quarter were down 13.8% from a year ago. Show More Summary
The employment release reported a 209,000 net increase in nonfarm payroll (NFP) employment was below consensus, but still represented the sixth straight month of +200K net job creation. The net change in private NFP was 198,000. Here I want to note (1) the household survey based alternate measure of nonfarm payroll employment also continues to […]
Since the crash of MH17, Ukraine has stated repeatedly it had no weapons capable of downing the aircraft. The claims are blatant lies as noted in the video below by Ukrainian citizen, Anatole Sharyi.I wish I had English subtitles toShow More Summary
Moody's predicts a gradual decline of the country's massive national debt, while citing its commitment to improve public finances
At an $2,774 per vehicle, promotions hit their highest level since August 2010 and gave the industry its best July since 2006
After a five-month upward climb, financial markets nosed down as investors retrenched
(August 1, 2014 04:45 PM, by Art Carden) Over lunch one day, colleagues and I were talking about students' handwriting (mine is positively atrocious), and one of my colleagues suggested that students learn to write decently as they will at the very least need to be able to... (1 COMMENTS)
Now that's talent.
Too big to fail? Not so much, now.
Based on an WardsAuto estimate, light vehicle sales were at a 16.4 million SAAR in July. That is up 5% from July 2013, and down 2.5% from the 16.9 million annual sales rate last month.This was below the consensus forecast of 16.7 million SAAR (seasonally adjusted annual rate). Show More Summary
Next week’s calendar may lack the punch of this week’s Fed meeting, GDP and payrolls trifecta. But upcoming reports will detail worker productivity, credit use and price pressures among service providers. New data may raise questions about that 4% spring growth surge. Here’s what to look for:
Over at [Equitable Growth](http://EquitableGrowth.org)--[The Equitablog](http://equitablegrowth.org/blog) Nick Bunker: Weekend reading | Washington Center for Equitable Growth Lunchtime Must-Read: All Those US Indicators This WeekShow More Summary
Here's a series of charts from reader Tim Wallace on various aspects of employment, labor force, and population. The charts use seasonally unadjusted data, July of 2014 compared to July in prior years. click on any chart for sharperShow More Summary
China's latest purchasing managers' indexes -- surveys of businesses around the country -- point to a rebound for a manufacturing sector battered by worries about a slowing economy. Economists offer their thoughts.
Today’s report from the BLS showed that the US economy added 209,000 payroll jobs in July. With upward revisions for May and June, total job growth for the past six months comes to 1,400,000, making it the best six-month stretch since the recovery began. Show More Summary
Tim Duy: July Employment Report, by Tim Duy: The overall tenor of the July employment report was consistent with the song that Yellen and Co. are singing. Labor markets are generally improving at a moderate pace, yet despite relatively low...