I recently reviewed Lewis E. Lehrman's book, Money, Gold, and History for the National Review. This book is a compilation of his essays where he calls for a return to an international gold standard. He takes a very sanguine view of its history and how it would work today. Show More Summary
Friday at 8:30 AM ET, the BLS will release the employment report for February. The consensus is for an increase of 150,000 non-farm payroll jobs in February, and for the unemployment rate to be unchanged at 6.6%.Note: This was an unusually harsh winter, and the weather apparently impacted hiring in December, January and in February too. Show More Summary
Chinese woman has become the youngest person on Forbes' list of billionaires
The Federal Reserve is still falling short of its goals of controlling inflation and fostering full employment, Fed Chairwoman Janet Yellen said Wednesday.
Coming soon from Groupon: The Potty-Putter bathroom game — priced to, uh, move at $13.95. No matter how long nature may take, you can while away the time by seeking to sink putts on a miniature greensward that hugs the footing of your fixture....
The Fed's beige book can be simultaneously insightful, charming, and telling. The latest report, covering January and February, focused on weather woes. But it wasn’t all bad
Three-quarters of the ultra-rich say their assets increased in value last year; a look at how they spent their wealth
Fed's Beige Book "Prepared at the Federal Reserve Bank of Atlanta and based on information collected before February 24, 2014." Reports from most of the twelve Federal Reserve Districts indicated that economic conditions continued to expand from January to early February. Show More Summary
The Fed's latest "beige book" report Wednesday said economic activity continued to expand across most of the U.S. from January to early February. The following are excerpts from a district-by-district summary of economic conditions.
Sugar consumption should make up less than 5% of a person's daily diet to avoid health issues such as obesity or tooth decay, according to the World Health Organization Wednesday.
Draghi’s main message at last month’s ECB meeting was… wait until March. He also went into detail about what specifically the ECB was eying to determine whether it needed to do more.
In a desperate, and likely futile attempt to stem losses in the November mid-term elections Obama Said to Allow Two-Year Renewal for Old Health Plans. Americans who kept health plans that don’t comply with Obamacare requirements will...Show More Summary
Company got a boost in recognition last fall, when it scored a five-star rating in a key European crash test
Chipotle says it may be forced to take guacamole off its menu. In its latest annual report, the restaurant chain warns it's because climate change could drive up prices for raw ingredients like avocados. Jill Wagner has the latest MoneyWatch headlines.
What do you think of Tyler Cowen's comments on the Ryan poverty report? The new Paul Ryan report on poverty and safety net programs: I read much of the document last night, here are a few comments... I found myself...
Antonio Fatas looks at the relationship between growth and intereest rates: Global interest rates and growth (r-g): The difference between interest rate and growth rates appears as an important parameter in many macroeconomic models. It is also a key variable...
On the light cruiser Montpelier in the Pacific Ocean: James Fahey: Pacific War Diary, 1942-1945:
Lawyers and agents say the former Fed chair should be able to command around $250,000 per speech for a while to come
The Unilever brand is scrapping plans for Garden State billboards urging residents to embrace the insult
Payroll processor ADP said Wednesday that businesses added 139,000 jobs last month, up from 127,000 in January