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Economic Recovery

Recovery of the Rich, By the Rich, For the Rich -- Recession for Everyone Else

Anthony W. Orlando | Posted 10.17.2014 | Politics
Anthony W. Orlando

Officially, the recession ended five years ago. But there's something the financial newscasters don't tell you: Unless you're rich, those numbers don't apply to you.

Should You Sell???

Michael Farr | Posted 10.17.2014 | Business
Michael Farr

The growth of the American and global economies are the underlying drivers for most all equity investments. A clear discipline, dogged research, and dispassionate assessment are an investor's best friends.

The Age of Vulnerability

Joseph E. Stiglitz | Posted 10.14.2014 | World
Joseph E. Stiglitz

It used to be thought that America's greatest strength was not its military power, but an economic system that was the envy of the world. But why would others seek to emulate an economic model by which a large proportion -- even a majority -- of the population has seen their income stagnate while incomes at the top have soared?

True Patriotism Requires Supporting Every President

Morris W. O'Kelly | Posted 10.11.2014 | Politics
Morris W. O'Kelly

Vote your interests in November. Continue to be partisan to your heart's delight. Just don't call yourself a patriot if you search to find reasons to disregard objective facts, data and documented history in an attempt to justify rooting against a sitting president.

A Solid Jobs Report as the Recovery Continues to Lift Employment... Though Not Yet Wages

Jared Bernstein | Posted 10.03.2014 | Business
Jared Bernstein

The last time the unemployment rate was below 6 percent was in July 2008. Moreover, while the labor force fell slightly (though statistically insignificantly) last month, the decline in the jobless rate over the past year has come for the "right" reason: more people finding work, not leaving the job market.

The Buyback Binge

Michael Farr | Posted 10.02.2014 | Business
Michael Farr

Remember, markets go down from time to time, and it's normal. Cool heads and steady hands make money over time.

Your Opportunity to Prevent Another Ferguson

Ama Yawson | Posted 10.01.2014 | Impact
Ama Yawson

It has been nearly two months since the shooting of unarmed teenager Michael Brown and the beginning of the uprising that the murder triggered. Most social critics have observed that the uprising was not simply about racism and police brutality.

Student Loan Debt and the Threat to American Homeownership

Garrick T. Davis | Posted 09.24.2014 | Money
Garrick T. Davis

An unsettling new normal has emerged in the wake of the Great Recession. There is an evolving relationship between student loan debt and homeownership in America. And it's not a good one.

The Economic Recovery in Black, White, and Brown

Mechele Dickerson | Posted 09.18.2014 | Politics
Mechele Dickerson

While some households and neighborhoods have recovered from the recession, most black and Latino households and neighborhoods are still waiting to recover.

Raising the Minimum Wage

Erica Payne | Posted 09.18.2014 | Politics
Erica Payne

A minimum wage increase will positively affect a sizable portion of the population, will have a moderate stimulative effect on the economy, and will be easily affordable. And by indexing it to inflation as the Harkin-Miller bill suggests, it would ensure that low income American workers would not risk seeing their wages eroded during the next recession.

Rebuild the Economy, Stupid!

Zack Exley | Posted 09.18.2014 | Politics
Zack Exley

America has come to the breaking point. Our ability to think our way to a solution is temporarily impaired thanks to the utterly devastating annihilation of reasonable economic ideas by the neo-liberal revolution. So before we rebuild the economy, we've got a job ahead of us to rebuild some ideas.

Another Flash Crash or Market Shutdown?

Michael Farr | Posted 09.11.2014 | Business
Michael Farr

Technology seems to have solved the trade execution issue, so I don't foresee an overwhelming market shutdown. Fidelity now offers an amazing 1 second trade confirmation guarantee.

Economic Happy Talk and the Politics of Denial

Joel Berg | Posted 09.12.2014 | Politics
Joel Berg

Democrats can't seem to get their message straight about the economy. Is it soaring because of the visionary leadership of President Obama, or failing because of the intransigence of Congressional Republicans?

The Coming Recession of 2017

Michael Moynihan | Posted 09.10.2014 | Business
Michael Moynihan

Recessions are notoriously difficult to predict. Like timing the stock market or predicting next year's weather, the ability to time the next recession is generally held to exceed the limits of human -- or machine -- intelligence.

What Economic Recovery?

Mechele Dickerson | Posted 09.09.2014 | Money
Mechele Dickerson

While many American households now face a bright and promising economic future, it is now clear that the recession and post-recession recovery has a different look and feel depending on whether you are wealthy, middle-class, or poor.

The State of State (and Local) Finances

Milton Ezrati | Posted 09.05.2014 | Politics
Milton Ezrati

State and local governments as a whole have kept spending growth in line with revenues growth and so have contained the flow of red ink. This is good news, even with all the caveats. There are, however, longer-term concerns.

Jobs Day! First Impressions -- A Disappointing Report, But One Month Does Not a New Trend Make

Jared Bernstein | Posted 09.05.2014 | Business
Jared Bernstein

In a surprisingly downbeat look at last month's job market, today's jobs report shows payrolls up only 142,000 in August, a downward revision to June's gain, flat weekly hours, and a slight tick down in the labor force.

Loan Me $250,000. Please!

Michael Farr | Posted 09.04.2014 | Money
Michael Farr

I want to buy a house. Would you be willing to loan me $250,000 for 30 years at 4.25 percent? Your answer is crucially important. Before you answer, keep in mind that you will be taxed on the interest you receive.

India-Japan Ties: Investing in the future

Samarth Pathak | Posted 09.02.2014 | Politics
Samarth Pathak

The time is ripe to infuse energy into this historic relationship. Not only are both governments stable with visionary leadership but there is also a strong will among businesses and policymakers on both sides to build a mutually-beneficial partnership.

Economic Forces Are Mightier Than the Sword

Jack Nadel | Posted 08.29.2014 | Small Business
Jack Nadel

We should do more to help potential entrepreneurs in places where domestic economies are too weak to assist. If we give this effort a higher priority in our country's foreign policy, we can create a healthier balance of world commerce.

An Awfully Bleak Poll

Jared Bernstein | Posted 08.29.2014 | Business
Jared Bernstein

Clearly, there are a lot of people who feel that the economic recovery-over five years old by now, at least by the official count-isn't reaching them.

New Building Construction Boosts Economy On the Big Island

Julie Ziemelis | Posted 10.22.2014 | Hawaii
Julie Ziemelis

When Oahu and Maui bounced back, Hawaii still struggled with higher unemployment and a stagnated real estate market and construction projects were put on hold for years. Things are finally changing.

Margins Remain Suspicious

Michael Farr | Posted 10.22.2014 | Business
Michael Farr

So what are the causes for optimism with regard to future earnings power? Well, the most notable are probably the recent sharp decreases in interest rates and gas prices.

Start Early to Be an Entrepreneur

Jack Nadel | Posted 09.28.2014 | Small Business
Jack Nadel

In many ways, an entrepreneur's career is like a football game. Both combine a swift pace with a highly competitive atmosphere. The "game" is divided into four quarters. In the first quarter you assess the other team's strengths and weaknesses based on your scouting report.

Enough Fed! Give Free Markets a Chance!

Michael Farr | Posted 09.24.2014 | Business
Michael Farr

The widespread expansion of credit to car-buyers, especially to sub-prime borrowers, is beginning to cause some industry observers to cry "bubble." Is this economic progress?