Tyler Cowen: From Adam Ozimek, here are some very good points, which I had not previously pondered: …what a carbon tax does is push the required cost threshold up. This would allow solar to become the more profitable source of energy in the US sooner and increase the speed of...
Freddie Mac reported that the Single-Family serious delinquency rate declined in February to 1.81%, down from 1.86% in January. Freddie's rate is down from 2.29% in February 2014, and the rate in February was the lowest level since December 2008. Show More Summary
Matthew Syed in the Times gives us a wonderful example of Marxist thinking. He asks why marathon running is so popular, and says it's because it satisfies a desire for self-improvement which we cannot get from paid labour: We live.....
(March 25, 2015 09:26 AM, by Scott Sumner) I think we all agree that private property rights are an important feature of capitalism. But what is "property"? It increasingly seems like the answer is just about everything: Taylor Swift Trademarks 'This Sick Beat' and Other Catchphrases Thinking about... (1 COMMENTS)
There's a growing movement to give the $20 bill a facelift. An organization wants to replace Andrew Jackson with a female American hero. Chip Reid reports from the Treasury Department.
The crash in oil prices is seeping into high-octane real estate markets.
U.S. stocks looked set for a lackluster start, with Dow futures down 0.2 percent and S&P 500 futures nearly unchanged
David J. Hayes and James H. Stock: CONGRESS long ago established a basic principle governing the extraction of coal from public lands by private companies: American taxpayers should be paid fair value for it. They own the coal, after all. Lawmakers set a royalty payment of 12.5 percent of the...
Announcing a really terrific opportunity for young scholars: The Career Advancement and Mentorship (CAM) Program sponsored by the Northeastern Agricultural and Resource Economics Association (NAREA) is a mentoring program held in concert with the NAREA Annual Meeting. The CAM program is a unique opportunity for pre-tenured faculty and early career...
Getting to work can either be a breeze or a time-consuming hassle -- just ask the workers in these 10 states
The Wall Street Journal’s Daily Report on Global Central Banks for Wednesday, March 25, 2015. Jon Hilsenrath sees signs that global inflation may be picking up.
Jeb Bush and Mitt Romney are zeroing in on inequality as America’s fundamental economic...
Kraft Foods Group and H.J. Heinz announced a merger to create North America's third-largest food and beverage company. The deal is reportedly worth at least $40 billion. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss how it could affect the way Americans shop.
Combined company would have revenue of $28 billion a year and be third biggest food and beverage company in North America
According to the IRS, people who work for the federal government owe more than $3 billion in back taxes. Also, Google hired Morgan Stanley CFO Ruth Porat to the same position, making her the highest ranking woman at the company. Jill Wagner reports on the day's top MoneyWatch headlines.
Eurozone watchers have said 11th hour so many times that no one believes it any more. To place new emphasis on the plight of Greece it's now allegedly 1 minute to midnight.Given that Greek funds were supposed to last until April 30,Show More Summary
As Greece continues to scramble to raise funds to avert default and keep paying pensioners and government officials, the end game is becoming clearer.
Biotech shares may be getting most overstretched, but second-quarter earnings could bring the overall market back down
Although stocks have been on a record run, some sectors may be getting overstretched, warns CBS MoneyWatch contributor Anthony Mirhaydari.