The March payroll report dominates next week’s economic data. Here's what to watch.
Diet soda sales are plunging amid concerns about the health effects of a common sweetener
It was part of a group the FTC has accused of illegally processing credit and debit card transactions
But the Federal Reserve chair stresses that any rate increases would likely be very gradual
It would be hard to prove the crash wasn't due to "negligence or other wrongful act" by an employee
Of S&P 500 companies providing first-quarter outlooks, MarketWatch reports 84% have been negative as Profit Warnings Pile Up.Ahead of the start of earnings reporting season, which unofficially kicks off when Alcoa Inc., reports results on April 8, about 84% of the companies that have provided first-quarter outlooks gave negative outlooks. Show More Summary
From Fed Chair Janet Yellen: Normalizing Monetary Policy: Prospects and Perspectives. Excerpts: Why Might an Increase in the Federal Funds Rate Be Warranted Later This Year?The Committee's decision about when to begin reducing accommodation will depend importantly on how economic conditions actually evolve over time. Show More Summary
A piece by William D. Cohan in the current issue of Vanity Fair, Wall Street Executives from the Financial Crisis of 2008: Where Are They Now?, is pretty harsh on the bankers who lost their top positions in the 2008 meltdown (Jimmy … Continue reading ? The post Siding with Wall Street’s “Winners” appeared first on Dollars & Sense Blog.
Is gold about to "run out"? The correct answer to that question is the likelihood of that happening is precisely 0%. However, that is not the conclusion one would come to from the Zerohedge headline Peak Gold? Goldman Calculates There...Show More Summary
Robert Shiller: How Idealism, Expressed in Concrete Steps, Can Fight Climate Change: Idealism combined with an intriguing application of economic theory may accomplish what international conferences have not: solve the seemingly intractable problem of global warming. Despite periodic flurries of...
Microfoundations from Acemogl, Oxdaglar, and Tahbaz-salehi: Microeconomic origins of macroeconomic tail risks, by Daron Acemoglu, Asuman Ozdaglar, and Alireza Tahbaz-Salehi: Understanding large economic downturns is one of macroeconomics’ central goals. This column argues that imbalances in input-output linkages can interact...
Most of his wealth is tied up in a grant of restricted stock units now worth about $860 million
Today's Water Cooler: TPP, Bush and faith, nudging Clinton left, Harry Reid will not seek re-election, Mayor 37 cents, empathy and outcomes
For the first time since the depths of the U.S. financial crisis, North Dakota no longer boasts the nation’s lowest jobless rate, a potential hint of trouble for energy-rich states bolstered by an oil boom that has since gone bust.
This post was originally published in Inc. With medical marijuana legal in 23 states and Washington, D.C., there are now millions of card-carrying cannabis users working at companies across the U.S. While four states and the District...Show More Summary
A survey suggests parents need to do a better job of discussing finances and money management with their teenage children
Ending the preferential treatment of debt would be a big help to financial stability, said European Central Bank Governing Council member Jens Weidmann in a speech Friday.
A widening gap between China’s rich and poor makes it “one of the most unequal countries in the world,” according to a new working paper published by the International Monetary Fund.
The Federal Reserve should be very cautious about raising interest rates just because the headline unemployment rate is falling, according to new research from two former central bank officials who are concerned the often-cited figure vastly overstates improvements in the job market.
Americans are becoming increasingly comfortable using their cell phones for basic banking and payments, though security concerns still inhibit greater traction in mobile banking, according to a Federal Reserve survey of consumers published Thursday.