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Economic Recovery

The Speech Hillary Clinton Should Give to the 1 Percent on Capitalism and Income Inequality

Carla Seaquist | Posted 09.21.2015 | Politics
Carla Seaquist

Fat Cats, Members of the 1 Percent, the Filthy Rich: Just kidding..... I come in peace and I come with a proposal -- an investment proposal and a course correction -- to restore and secure this great country going forward. You, America's wealthy class, are key to the American Renaissance.

Three Rules of Thumb to Raise Wages and Reduce Inequality

Sabina Dewan | Posted 09.14.2015 | Politics
Sabina Dewan

Case studies from Brazil to China, from the United States to Germany, reveal that to square higher wages and competitiveness, governments must adhere to three rules of thumb.

McCrory on Income Inequality: Ignorance or Worse

Mousa Alshanteer | Posted 08.18.2015 | Politics
Mousa Alshanteer

"The state of North Carolina has come back even stronger," proclaimed Governor Pat McCrory during his State of the State address earlier this year. Millions of North Carolinians beg to differ.

Uncertainty Intensifies

Michael Farr | Posted 08.13.2015 | Business
Michael Farr

China's move to devalue its currency caught the markets somewhat by surprise. As a result, there has been a lot of speculation surrounding both the reasons behind the move as well as the implications of the move.

The Federal Reserve Should Not Increase Interest Rates

Angela Glover Blackwell | Posted 08.12.2015 | Politics
Angela Glover Blackwell

Advocates for higher interest rates point to an improving job market as a sign that America has come back from the recession. But many activists, economists, and community groups know that raising interest rates now would stymie the many communities, particularly those of color, that continue to face persistent unemployment, underemployment, and stagnant wages.

Confusion Reigns

Michael Farr | Posted 08.06.2015 | Business
Michael Farr

Economic data and financial-asset prices don't always paint the same picture about the health of the economy.

Has the Chinese Market Finished "Correcting"?

Michael Farr | Posted 07.14.2015 | Business
Michael Farr

All things considered, the major equity markets of the world have been fairly orderly for the past year and a half. That is, all except the Chinese market.

Rhetoric Versus Reality on Inequality

Douglas Holtz-Eakin | Posted 07.13.2015 | Politics
Douglas Holtz-Eakin

Candidate Clinton's speech today was another progressive salvo regarding the importance of addressing income inequality; ostensibly through a higher minimum wage, being tougher on Wall Street, taxing carried interest, and a host of other progressive favorites.

A Hard Day's Work Deserves a Fair Day's Pay

Barack Obama | Posted 06.29.2015 | Politics
Barack Obama

Right now, too many Americans are working long days for less pay than they deserve. That's partly because we've failed to update overtime regulations for years -- and an exemption meant for highly paid, white collar employees now leaves out workers making as little as $23,660 a year -- no matter how many hours they work.

Riding a Growth Wave

Michael Farr | Posted 06.25.2015 | Business
Michael Farr

It is still early days for the American newfound interest in health and wellness, but as organics only make up 5 percent of total food sales I think the industry has a long runway of growth ahead.

EIU Releases 2050 Economic Forecast: China Dominates

Judah Freed | Posted 06.25.2015 | World
Judah Freed

The Economist Intelligence Unit (EIU) in London today released its long-term macroeconomic forecasts with key trends from now to 2050.

Martin O'Malley Wrongly Says That Wages Haven't Gotten Better For Americans | Brooks Jackson | Posted 06.03.2015 | Politics

The following post first appeared on Democratic presidential contender Martin O’Malley claims that “70 percent of us are ear...

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 06.24.2015 | 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 06.18.2015 | 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 06.09.2015 | 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 06.02.2015 | 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.