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Economic Recovery

Brutal Winter Took A Toll On The Economy

AP | MARTIN CRUTSINGER | Posted 05.29.2015 | Business

WASHINGTON (AP) — The U.S. economy shrank at a 0.7 percent annual rate in the first three months of the year, depressed by a severe winter and a wid...

Irrational Exuberance?

Michael Farr | Posted 05.22.2015 | Business
Michael Farr

I've stated repeatedly that a massive amount of stimulus has been required to generate GDP growth of just 2.0%-2.5% annually since the end of the Great Recession (June 2009). We have further said that the removal or reversal of some of these stimulants will be a tough hurdle for the economy to overcome.

Millennials Key to 'Start Up' New Economy

Andrew D. Gillum | Posted 05.19.2015 | Business
Andrew D. Gillum

With the advances in technology over the past decade, the opportunity to attract and keep young talent has been more competitive than ever.

Poking Holes in the Strong-Dollar Thesis

Michael Farr | Posted 05.11.2015 | Business
Michael Farr

The dollar began its ascent against other major world currencies in mid-2014. The move higher was fast and furious, but the greenback ran into some resistance beginning in the middle of March.

Unemployment Rate Dips To 7-Year Low

AP | Posted 05.08.2015 | Business

WASHINGTON (AP) — U.S. employers added 223,000 jobs in April, a solid gain that suggests that the economy may be recovering after stumbling at the s...

The State of U.S. Small Business: Progress Made, Work to Be Done

Frank Islam | Posted 05.18.2015 | Small Business
Frank Islam

This is National Small Business Week. It has been so designated by the SBA. Our question is whether this week should be a time to celebrate accomplishments or to reflect on the work that remains to be done to continue to level the playing field for small businesses.

Scranton, Pennsylvania

Michael Hodin | Posted 04.24.2015 | Fifty
Michael Hodin

If Scranton is a symbol for de-population, it also has the opportunity to become a symbol for imaginative and progressive approaches to turn population aging into a strength and a lever for economic growth

Finance Officials: Threats To Global Economy On The Horizon

AP | MARTIN CRUTSINGER and HARRY DUNPHY | Posted 04.18.2015 | Business

WASHINGTON (AP) — World finance officials said Saturday they see a number of threats on the horizon for a global economy still clawing back from the...

Fed Near the Cliff

Michael Farr | Posted 04.09.2015 | Business
Michael Farr

The incessant parsing and analysis of each and every Fed utterance is becoming quite comical. God love Steve Liesman and Mark Zandi, but are they really adding much value by trying to read between the lines of each statement from each Fed member?

The Next Economic Recession Will Take On...

John A. Tures | Posted 04.02.2015 | Business
John A. Tures

Using data on economic recessions, I take a look at how long growth periods have been after recessions, and to see when the latest economic boom will likely come to an end. You're probably thinking "Economic boom? When did that take place?"

Why I Don't Drink As a Spiritual Choice and Four Practices for More Clarity

Susanna Barkataki | Posted 05.27.2015 | GPS for the Soul
Susanna Barkataki

When I first met my life partner 10 years ago, he had just quit doing a whole host of things that weren't healthy for his mind, body or spirit. We m...

We Want a Hand Up Not a Handout: Why Iraqi Women in Jordan Are More Than Just Urban Refugees

Joan Erakit | Posted 05.27.2015 | World
Joan Erakit

Wafa Fadel Saed Jawad sits in a chair amongst a pile of various t-shirts. At 45, she has been living as a refugee in Jordan after fleeing Iraq in 2003. What makes Jawad different from other refugee women is the sparkle in her eye when she talks about her home-based business.

Why Do Interest Rates Keep Decreasing?

Michael Farr | Posted 05.27.2015 | Business
Michael Farr

The market's response to Wednesday's economic data was somewhat perplexing at first blush.

At Long Last, Latino Employment Bounces Back

Janet Murguía | Posted 05.10.2015 | Latino Voices
Janet Murguía

Latinos and other communities are finally benefitting from the protracted economic recovery. We need to secure this still-fragile recovery among communities of color by maximizing what they can earn, create, and contribute to further benefit our economy and the well-being of all Americans.

Waiting for Animal Spirits

Michael Farr | Posted 05.06.2015 | Business
Michael Farr

We could see a scenario whereby the masses become so energized and confident as to overcome the removal of record amounts of liquidity in the system.

Ben Walsh

The Job Market Is Still Hurting, In 2 Charts

HuffingtonPost.com | Ben Walsh | Posted 03.06.2015 | Business

The American job market is on an historic roll. The even better news is that it's still got a lot of room for improvement.

The End of the Gravy Train?

Michael Farr | Posted 04.25.2015 | Business
Michael Farr

In the summer of 2013, a sharp spike higher in interest rates caused by the "taper tantrum" (fear that the Fed will soon end monetary easing) reduced both housing affordability and the opportunities to lower mortgage rates through refinancing.

The Next American Economy Requires Bipartisan Leadership

Henry A. J. Ramos | Posted 04.26.2015 | Politics
Henry A. J. Ramos

Now more than ever it is imperative that Republicans and Democrats work together to focus our vast national resources on new and better ways to grow our economy that are more sustainable and inclusive for Americans of all backgrounds and political persuasions.

Ben Walsh

Technology Isn't Boosting Our Productivity Like It Used To

HuffingtonPost.com | Ben Walsh | Posted 02.13.2015 | Business

We invented Facebook instead of flying cars, and that's a problem.

Will the Recovery Finally Translate into Better Wages?

Robert Kuttner | Posted 04.10.2015 | Politics
Robert Kuttner

The good news about the economy's improved job creation dominated the weekend's headlines. Many commentators concluded that the economy is finally shaking off the effects of the financial collapse of 2008 and the long period of stagnation that followed. But the one-year increase in wages has been only 2.2 percent, barely more than 1 percent when adjusted for inflation, and it's been a long time since most workers have seen substantial raises. In this recovery, the economy has been creating more low-wage jobs than high-wage ones. The shift from standard payroll jobs to temp and contract work continues. The uptick in the measured unemployment rate suggests that discouraged workers are only just coming back into the labor force and we are a long way from full employment. Even at the present rate of improved job creation, it will be 2017 before we get back to the pre-recession level of unemployment.

Why America Needs to Pay Attention to Chris Christie's Terrible, Horrible, No Good, Very Bad Week

Yael Bromberg | Posted 04.09.2015 | Politics
Yael Bromberg

New Jersey Governor Chris Christie's week started with a bad case of foot-in-mouth during his three-day trip to England, and went downhill from there, reaching new lows for ethics and good, open government -- even for New Jersey.

Blank Account: The American Struggle to Save and Share

Henry A. J. Ramos | Posted 04.07.2015 | Politics
Henry A. J. Ramos

The present hyper-concentration of wealth is creating dysfunctions in our economy that are strikingly unfair and ultimately unproductive, not only for society's most vulnerable, but also to our overall societal productivity and well-being.

Budget Wars: Europe Has the Germans, We Have the GOP

Richard (RJ) Eskow | Posted 04.05.2015 | Politics
Richard (RJ) Eskow

In fact, the Republican Party's economic agenda is harsher than anything even Germany's been willing to propose. So why hasn't there been a successful U.S. electoral countermovement along Syriza's lines? There are a number of reasons.

A Race Against Time

Michael Farr | Posted 04.01.2015 | Business
Michael Farr

The year 2015 may yet produce solid returns for investors in US stocks. However, it's looking more and more likely that TINA ("There Is No Alternative"), more than any other factor, will be responsible rather than strong earnings growth.

This Map Reveals Just How Unequal The So-Called Recovery Is

The Huffington Post | Emily Cohn | Posted 01.26.2015 | Business

In his State of the Union address last week, President Barack Obama cheered rising wages. What he didn't mention is that much of the income gained sin...