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US Economy

Ben Walsh

Unemployment Is Down, But Wages Aren't Up

HuffingtonPost.com | Ben Walsh | Posted 11.07.2014 | Business

Unemployment has been ticking down with remarkable consistency. And yet as unemployment falls, American's pay isn't budging upwards.

The Global Economy Is Flying on One Engine -- But There Is Turbulence Ahead

Nouriel Roubini | Posted 11.21.2014 | World
Nouriel Roubini

If the Republican Party takes full control of the U.S. Congress in the midterm election, policy gridlock is likely to worsen, risking a rerun of the damaging fiscal battles that led last year to a government shutdown and almost to a technical debt default. More broadly, the gridlock will prevent the passage of important structural reforms that the U.S. needs to boost growth.

U.S. Economy Grows At 3.5 Percent Rate

AP | By MARTIN CRUTSINGER | Posted 10.30.2014 | Business

WASHINGTON (AP) — The U.S. economy powered its way to a solid annual growth rate of 3.5 percent from July through September, outpacing most of the d...

Conservatives for Stimulus - A New Bumper Sticker

Paul A. London | Posted 10.27.2014 | Business
Paul A. London

I write this, however, not to praise Wal-Mart but to criticize it. Unemployment and underemployment are killing Wal-Mart's middle and lower income customers.

Early Influences Can Open Up the Future

Jack Nadel | Posted 10.24.2014 | Small Business
Jack Nadel

Entrepreneurs not only provide us with critical innovation and keep us at the forefront of global markets, they also create ways to gain financial independence. So why has the percentage of start-ups in the U.S. dropped significantly in the last 35 years?

'My Wages Are Too High For Help But Too Low To Let Me Get Ahead'

The Huffington Post | Akbar Shahid Ahmed | Posted 10.22.2014 | Politics

Amy Windish, 42, lives in Middletown, Pennsylvania, and works as a consultant for a medical device company. Windish told The Huffington Post she began...

Stop Protecting Walmart, Raise Workers' Wages

Michael Stewart | Posted 10.17.2014 | New York
Michael Stewart

We must do more than just call Walmart out for their truly shameful practices. Without unions or government rules, companies like Walmart will never do the right thing.

The U.S. and India: Forward Together

Arun M. Kumar | Posted 10.14.2014 | World
Arun M. Kumar

A re-energized commitment to move both countries forward, together. That is what President Obama, leader of the world's oldest democracy, and Indian Prime Minister Narendra Modi, leader of the world's largest democracy, collectively committed to after their meeting last month.

U.S. "vs." China in Africa: A Message to President Obama and Premier Li Keqiang

André Corrêa d'Almeida | Posted 10.14.2014 | World
André Corrêa d'Almeida

President Obama and Premier Li Keqiang: you don't need to be so competitive because you're not actually competing. A more formal collaborative approach could be in your mutual interest.

So Now Replacing 100-Year Old Tunnels Is a Liberal Boondoggle?

Edward Wytkind | Posted 10.13.2014 | Politics
Edward Wytkind

When Wall Street bankers are stuck in Weehawken for hours on their way to work because the tunnels are shut down, they're going to wish there had been some good old-fashioned "liberal" spending programs.

More Trade Agreements Won't Fix Austerity

Robert Kuttner | Posted 10.12.2014 | Politics
Robert Kuttner

The U.S. economy is growing slowly and Europe's hardly at all. The stock market lurch last week is a belated acknowledgement that our two economies share a common affliction, and Europe suffers more seriously. The affliction is austerity. And yet the main remedy being promoted by the U.S. government and its European allies is a trade and investment deal known as T-TIP, which stands for the Trans-Atlantic Trade and Investment Partnership. According to the deal's sponsors, T-TIP would help stimulate recovery by removing barriers to trade and promoting regulatory convergence and hence investment. The proposed deal is not popular in the U.S. Congress, which has to approve negotiating authority. The administration, say well-placed sources, hopes to cram through the necessary approval during the lame duck session of Congress after the November 4 election. That still will not assure approval, because the deal is also increasingly unpopular in Europe.

It's Still the Economy, Stupid!

Bob Burnett | Posted 10.10.2014 | Politics
Bob Burnett

A month before the November 4 mid-term elections, the competition for control of the Senate is neck-and-neck. The improving U.S. economy hasn't increased Democratic prospects. What explains this?

Hype and Reality: American Economic Numbers

David Coates | Posted 10.10.2014 | Politics
David Coates

It is true that the rate of economic growth has quickened, but that rate is still low by pre-recession standards. In July the IMF actually cut the U.S. growth forecast for 2014 to just 1.7 percent, the CBO's in August was just 1.5 percent. These are not stellar growth numbers.

International Powers Sound Alarm Over Bad State Of The Global Economy

The New York Times | Posted 10.07.2014 | Business

The International Monetary Fund cut its forecast for world growth on Tuesday, warning that stagnation in Europe, a slowdown in large emerging markets ...

U.S. Economy Grew 4.6 Percent In Second Quarter

The Huffington Post | Alexander C. Kaufman | Posted 09.26.2014 | Business

The U.S. economy grew at a rate of 4.6 percent in the second quarter, according to gross domestic product numbers released Friday morning by the Burea...

What's Driving Americans Out of the Country?

Ella Jameson | Posted 09.25.2014 | Money
Ella Jameson

While leaving the U.S. may never be an issue of economic survival, the new economic climate is making it a much more tempting option than ever before.

Economic Forces Are Mightier Than the Sword

Jack Nadel | Posted 10.29.2014 | 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.

More Jobs That Pay Decent Wages: How to Fight Poverty in the United States

Deniz Igan | Posted 10.28.2014 | Business
Deniz Igan

There are 10.6 million poor people who have a job, and often head households with children. Modest policy efforts can help change the negative dynamics that poverty creates. Luckily, there are tools that can help and which have a proven track record.

U.S. Economy Grows Faster Than Expected

AP | By MARTIN CRUTSINGER | Posted 10.28.2014 | Business

WASHINGTON (AP) — After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the govern...

Obamacare's "Secret Trick"

Richard (RJ) Eskow | Posted 10.27.2014 | Politics
Richard (RJ) Eskow

CEOs and other executives are overpaid nowadays by any reasonable standard. To make matters worse, taxpayers are footing a large part of the bill. Thanks to some historical lobbying and maneuvering, corporations are able to deduct much of the money they pay to their most highly compensated executives. We can blame corporate CEOs for selfish, shortsighted, and greedy behavior, and we should. But that misses an important point: government policy actually encourages them to behave that way. In one of its lesser-known provisions, the Affordable Care Act limited these tax breaks for health insurers who benefit from the law. While that may sound arcane, the implications could be profound and far-reaching.

Cheating the Chinese

Ryan McMunn | Posted 10.26.2014 | Business
Ryan McMunn

The idea that "they speak English, so I don't need to learn Mandarin" is a losing position. Learn Mandarin, as importantly learn the culture. If you do this, your business wins big.

S&P 500 Rises Above 2,000 Points For First Time

AP | Posted 10.25.2014 | Business

NEW YORK (AP) — The stock market has reached another milestone as the Standard & Poor's 500 index trades above 2,000 points for the first time. ...

Trade Deals from Hell

Robert Kuttner | Posted 10.24.2014 | Politics
Robert Kuttner

The latest reports from Europe indicate that the continent is slipping back into recession. The U.S. is doing only slightly better, with positive economic growth but scant progress on the jobs front, and no growth in the earnings of the vast majority of Americans. Meanwhile, global climate change continues to worsen, producing unprecedented policy conundrums of how to reconcile the very survival of the planet with improved living standards for the world's impoverished billions and for most Americans, whose real incomes have declined since the year 2000. Amid all of these serious challenges, what common strategies are top U.S. and European leaders pursuing? Why, a new trade and investment deal modeled on NAFTA, to make it harder for governments to regulate capitalism.

Is the Era of Big Ideas Over?

Tom Silva | Posted 10.14.2014 | Media
Tom Silva

Literally, big ideas don't stand a chance in our media environment. According to a study by the University of California, San Diego, the amount of info we receive on our mobile devices and at homes everyday takes about 15 hours to consume.

U.S. Labor Force: Where Have All the Workers Gone?

Ravi Balakrishnan | Posted 10.12.2014 | Business
Ravi Balakrishnan

As the U.S. economy recovers, hirings increase and people are encouraged to look for jobs again. Instead, the ratio of the adult population with jobs, or looking for one -- what's called the labor force participation rate -- has been falling, standing at 62.9 percent in July 2014