An Earth Day review shows electric cars can be big money savers -- if you meet certain criteria
By James Kwak That seems like a nonsensical question. Of course, each of us born where he or she was born, and we didn’t have much choice in the matter. But, philosopher John Rawls asked, if you lived behind a … Continue reading ?
Here are some details on plans and proposed changes for student-debt forgiveness.
The increasing racial divide between the young and old will raise tough questions for policy makers.
A decline in existing home sales doesn't mean the housing recovery is over. Far from it! For existing home sales we need to look at the composition of sales (distressed vs. conventional), and the percent of conventional sales are increasing (even as investor buying has slowed too). Show More Summary
ECB president Mario Draghi has been making lots of noise recently about cutting interest rates because the euro is too strong and banks aren't lending enough.Realistically, there's not much room to cut with rates already at a rock-bottom.25 percent.Some suggest negative interest rates are the just the ticket to spur lending. Show More Summary
On the road again, will blog as I can; For now, I have a new column: Report Card on Fed Policy During the Great Recession, by Mark Thoma: If the economy evolves according to the Federal Reserve’s forecast, quantitative easing...
Telecom giant plans video venture that would compete with Netflix and Hulu
The fast food chain blames severe weather and steeper competition in the U.S., plus Netflix raises prices and Google launches Earth Day challenge on today's MoneyWatch report.
Stronger than expected corporate profits help lead financial markets higher
Home sales are slowing, but inventories of homes for sale remain low.
Over at Econlog I have a post discussing the German jobs miracle. One counterargument is that all countries can’t be like Germany, because their success comes from a large current account surplus. And if there is one thing that all economists agree on, it’s that all countries cannot simultaneously run CA surpluses. Those who have […]
(April 22, 2014 11:26 AM, by Scott Sumner) Many people assume that Germany has long been an economic success story. It was certainly successful back in the 1950s and 1960s. But as recently as 2004 it was widely viewed as the "sick man of Europe" despite all those... (0 COMMENTS)
Rising house prices, tight supply deterring many homebuyers from pulling the trigger
Fast-food chain blames dip on mounting competition and harsh winter weather
That’s the title of a conference that took place at USC this weekend, co-organized by Joshua Aizenman, Menzie Chinn and Robert Dekle, and cosponsored by the USC Center for International Studies, USC School of International Relations, Journal of International Money and Finance, and the Federal Reserve Bank of San Francisco. The papers focused on new […]
The NAR reports: Existing-home sales were essentially flat in March Click on graph for larger image. This graph shows existing home sales, on a Seasonally Adjusted Annual Rate (SAAR) basis since 1993. Sales in March (4.59 million SAAR)...Show More Summary
Despite its rising profits and swelling subscriber roles, the streaming video company knows it needs more cash to stay competitive
There's one curious thing about Ukip's notorious posters that hasn't been mentioned - that they represent a flat rejection of orthodox neoclassical economics. "British workers are hit hard by unlimited cheap labour" says one poster. However, in theory this would...
Cable company tops analyst forecasts amid financial boost from Winter Olympics, Jimmy Fallon