Treasury Secretary nominee didn't tell Senate about $100M in assets; China's growth slumps; and Western Union to refund nearly $600M to fraud victims. These headlines and more from CBS MoneyWatch.
Trump pledges to label China a currency manipulator “on day one” and demand concessions they’ll never make. Brian Maher has more... The post Could Trump Make China “Go Nuclear?” was originally published at The Wall Street Examiner. Follow the money!
From housing economist Tom Lawler: The Household Conundrum, Part I: The CPS/ASEC DataA major challenge facing housing analysts is the lack of any timely and accurate time series of the characteristics of the housing market, including both the number of and the characteristics of occupied or vacant housing units. Show More Summary
It is really amazing how major news outlets can't seem to find reporters who understand the most basic things about the economy. I guess this is evidence of the skills shortage. Bloomberg takes the hit today in a piece discussing areas where the economy is likely to make progress in a Trump administration and areas where it is not. Show More Summary
Education Dept. says the schools could lose federal funds if they don’t take measures to help boost their graduates’ pay
It’s part of a settlement the billionaire GOP backer is making with the federal government over corrupt practices in Asia
Dow 20K is slipping away, and the stock market appears on the verge of a breakdown as some harsh realities set in
World's second-largest economy grew at slowest pace since 1990 as Beijing steers path toward greater consumption
One of my biggest gripes with Brexit is that it is stealing cognitive bandwidth; it’s distracting us from proper economic policies. This is an especial problem for Labour as the party is showing few signs of having much cognitive bandwidth...
It cannot be merely coincidental that the incomes and wealth of the top 5% have pulled away from the stagnating 95% in the 25 years dominated by neocon-neoliberalism.One unexamined narrative I keep hearing is: "OK, so neocon-neoliberalism...Show More Summary
There is little agreement on how government should respond to the challenge posed by "losers" from globalization.
If he tears up NAFTA or imposes harsh tariffs, it could scramble years of strategic planning among carmakers
It's simple: Having a real plan (preferably in writing) increases your odds of a financially secure retirement
Whistleblowers have all the ideal characteristics to create "a board culture that drives effectiveness and company performance." Why not make them directors?
Donald Trump’s approval numbers are dismal, but there may be something about his appeal that is not captured in the traditional ratings.
Innovation is typically seen a cumulative process, with new technologies building upon existing knowledge, but our knowledge of how progress in a specific area is influenced by knowledge in other, ‘upstream’ areas is limited. Using US...Show More Summary
The negative impact of higher capital requirements under Basel II on the provision of trade finance has been cited as one of the factors behind the Great Trade Collapse. This column exploits the adoption of the Basel II framework inShow More Summary
Globalisation offers many benefits, some of which cannot be separated from other types of policy. This column examines how the benefits from removing regulations that impede competition are partly contingent on openness to import competition. Show More Summary
They said it couldn't be done. It would be like the Pope converting to Islam, but the Washington Post did the impossible. It headlined an article on article on reports that Donald Trump wants to privatize the Corporation for Public Broadcasting...Show More Summary