"The Future is ours so let's plan it If there's one fool for you then I am it I've one thing to say, and that...
Whether or not he secures the nomination and ultimately the White House, my hope is that the longer Bernie Sanders remains front and center on the American political scene, the more likely it is that his ideas will influence the path Janet Yellen and the Federal Reserve choose to take.
If you thought 2015 was a crazy year for fluctuating interest rates and all the inconsistent economic data being fed to us about the state of the US ...
Weird Suits, Free Money and the True Story About How I Saved the Economy With Chocolate....oh and how I'm investing now. Winter's coming. OK, not re...
60 points. That's the difference between where the S&P was Tuesday morning, when I warned "The Joke's on You if You are Buying this Rally" and where we are now.
It has been so long since the Federal Reserve has raised interest rates in the US that Banks and Brokerage houses are having seminars for their workers to help them understand the repercussions of a rising rate environment.
More than two million net new jobs have been created this year in America, a not too shabby number. Not a single one of them, though, is in manufacturing. That's terrible news, not only for people who want to work in factories, but for the wider economy.
Fed Chair Janet Yellen all but confirmed the Fed was ready to raise interest rates in December.
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in October on a seasonally adjusted basis, the U.S. Bureau of Labor S...
No one knows how tomorrow's October jobs report will affect Federal Reserve policymakers' views about whether to start raising interest rates in December. But here are some things to consider in assessing whether the job market is making the "continued progress toward maximum employment" that the Fed wants to see.
One month after the economy began to collapse in September 2008, the Bernanke Fed started paying private banks for their excess reserves that they are not required to hold.
Even former Fed Chair Ben Bernanke has been irked by right wing conservatives for doing just the thing that most conservative economists, such as Martin Feldstein, and even arch-free market theorist Milton Friedman, said was the right thing to do during recessions--inject more money into the economy.
On December 11, the UN Climate Change conference in Paris (called COP-21) will be wrapping up, and the headlines will announce if the negotiators were able to agree to save the Earth or not. Todd Stern, the U.S. State Department's Special Envoy for Climate Change, will be leading the U.S. delegation at COP-21.
In a speech last week, Federal Reserve Board Chair Janet Yellen inadvertently told us why Congress should set a 4 percent unemployment target for the Fed in its conduct of monetary policy, as is proposed in a new bill put forward by Michigan Representative John Conyers. The context was Yellen's dismissal of such a target. Certainly the Federal Reserve Board cannot just pick any number and say it will get the unemployment rate to that level. There are limits posed by the economy that can prevent the Fed from hitting an unemployment rate target despite its best efforts. However, this is also true of the 2.0 percent inflation target that the Fed has chosen for itself as a basis for policy over the last decade. But the fact is that the Fed cannot simply set any inflation rate it likes.
I blog about how to have "aha" moments in your journaling and reflections so you can not only make a difference with your personal chit chat, but you can also make a mark with our public and professional conversations.
Wages are rising, finally, and prices are not--a rare confluence in recent decades. American workers need this to continue as long as possible. So do their bosses, in fact, because workers are the consumers that drive economic growth and thus corporate profits.