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Economic News

Income Disparity and the Minimum Wage: Six Degrees of Separation to the Solution

Gary Stein | Posted 06.12.2014 | Miami
Gary Stein

Income inequality is a topic that hovers over our economy like the mother ship from Independence Day. It has a national impact as well as individual impacts to millions of Americans.

IMF Issues Inequality Warning

AP | CHRISTOPHER S. RUGABER | Posted 04.03.2014 | Business

WASHINGTON (AP) — The International Monetary Fund warned Thursday that wide income inequality can slow economic growth and is proposing ways to redu...

Solving Chicago's Economic Crisis

Steve Siebold | Posted 05.13.2014 | Chicago
Steve Siebold

The financial nightmare that's been facing Chicago seems to be getting worse. Moody's Investor Services downgraded the city's credit rating on $8.3 b...

Don't Blame Western Monetary Policy For Emerging Market Woes

The WorldPost | Nathan Gardels | Posted 02.22.2014 | World

The following is an excerpt on the role of the G-20 from a speech by Britain’s Chancellor of the Exchequer, George Osborne, given at the British Cha...

A VERY Prosperous New Year!

Terry Savage | Posted 03.05.2014 | Money
Terry Savage

There was plenty of gloomy economic news throughout the year. Yet, despite all those economic issues, the stock market ended the year at record highs, with the Dow up 25 percent and the S&P 500 up nearly 30 percent.

By Historical Standards, It's Still A Very Slow Recovery

The New York Times | Paul Krugman | Posted 03.05.2012 | Business

The economic news is looking better lately. But after previous false starts -- remember “green shoots”? -- it would be foolish to assume that all ...

Consumers Upped Borrowing In October, Signaling A Boost In Confidence

AP | DEREK KRAVITZ | Posted 02.06.2012 | Business

WASHINGTON — Americans stepped up their borrowing in October to buy cars and attend college, and they also charged a little more to their credit...

U.S. Economic Growth Meets Expectations In Third Quarter

Posted 12.27.2011 | Business

WASHINGTON (Lucia Mutikani) - Economic growth increased at its fastest in a year in the third quarter as consumers and businesses set aside fears ...

World Economic Forum: Arab Spring Slowed Economies

Posted 12.22.2011 | Business

DEAD SEA, Jordan (Reuters) - The popular uprisings that have swept the Arab world this year have slowed economies across the region, and jobs, bet...

Majority Of Americans: Obama To Blame For Economy, Gallup Finds

Posted 11.22.2011 | Business

For the first time, more than 50 percent of Americans blame President Barack Obama for the nation’s economic woes, a Gallup poll released Thursday f...

Women Three Times More Likely To Experience 'Overwhelming' Financial Stress: Survey

The Huffington Post | Bonnie Kavoussi | Posted 08.24.2011 | Business

Even in the aftermath of a "mancession," it's the women who say they are struggling most mightily. Women report experiencing nearly twice as much ...

Bonnie Kavoussi

Opening The Oil Taps: A Shot Fired At Speculators

HuffingtonPost.com | Bonnie Kavoussi | Posted 08.23.2011 | Business

On first inspection, President Obama's decision to tap the nation's petroleum reserves, announced Thursday, seemed far more symbolic than consequentia...

Bonnie Kavoussi

High Stakes: Confidence Vote In Greece (LIVEBLOG, UPDATES)

HuffingtonPost.com | Bonnie Kavoussi | Posted 08.21.2011 | Business

Greece's Parliament is expected to take a confidence vote on the country's political leadership at around 5 p.m. EDT Tuesday. The vote will not only d...

Fears of Greek Default Ease

The Huffington Post | Bonnie Kavoussi | Posted 08.17.2011 | Business

Fear of a Greek government default, which gripped international markets earlier this week, started to ease Friday as European leaders gained more time...

Bonnie Kavoussi

As Greek Default Becomes Increasingly Likely, Investors Flee to Safer Investments

HuffingtonPost.com | Bonnie Kavoussi | Posted 08.16.2011 | Business

Stock prices around the world have fallen sharply in response to the growing likelihood that the Greek government could default on its debt and plunge...

Jason Linkins

Happy Sounding Economic Headlines Front Skeptical Economic News

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011 | Business

The New York Times website is carrying a headline today touting what would appear to be great economic news: "U.S. Economy Grew at Fastest Pace in 6 Y...

The National Mood: A Quiz

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

1. I am sick of... : a) Rotten bankers; b) Stinking pirates; c) Posturing bureaucrats; d) Winter.

Strange Times: Good News Would be Big News

Tim Berry | Posted 05.25.2011 | Media
Tim Berry

This isn't "the media," it's the reality. We've got the Dow tanked, the banks teetering, property values down, stocks and bonds down, huge unemployment, falling profits. This is a real storm.