| Jul 1, 2014
| 12:26 PM
Nobel economist Joseph E. Stiglitz has taken aim at the enduring and dangerous myth that the postwar years ushered in an American golden age of opportunity that can, or should, be recaptured today.
In the current Politico Magazine, Stiglitz offers an...
| Jun 22, 2014
In one of the most consequential matters considered by the Maryland General Assembly this year, lawmakers approved a bill sponsored by Gov. Martin O'Malley to raise the state's minimum wage from $7.25 an hour to $10.10 an hour. Though the final measure...
| Aug 17, 2014
| 5:18 PM
California is one of the most expensive states for businesses to operate, mainly because of high pay and related labor costs, says a new report commissioned by an arm of the state Chamber of Commerce.
"The high cost of creating additional jobs puts...
| Aug 19, 2014
| 3:37 PM
The launch of new tech products such as Apple's iPhone 6 will help Taiwan remain one of Asia's stronger exporters, bolstering its economic prospects this year amid a patchy global recovery.
After the government raised Taiwan's GDP outlook for 2014 last...
| Aug 12, 2014
| 8:48 AM
Fantasy football may cost employers more than $13 billion in lost productivity as millions of Americans who spend the season helming imaginary football teams spend work hours reviewing player statistics and managing their pretend rosters.
| Aug 12, 2014
| 3:21 PM
On March 10, 1967, 15 days shy of her 25th birthday, Aretha Franklin released her 12th album and Atlantic Records debut, "I Never Loved a Man the Way I Love You." It was a breakthrough, triggering a string of four top 10 albums released over 15 months...
| Aug 15, 2014
| 10:48 AM
Now that the economy is showing improvement, many people are going back to work — just don't expect to see them at the office. Instead, these workers are opting to work from home, a trend that has picked up in recent years thanks to an increase in...
| Aug 8, 2014
| 8:37 AM
The productivity of the U.S. workforce increased in the second quarter, following a sharp decline at the beginning of the year as severe weather froze output.
Nonfarm productivity climbed 2.5% at a seasonally adjusted annual rate during the April to...
| Aug 5, 2014
| 12:18 PM
Academic economists have been warning for years that rising economic inequality in the United States is hampering economic growth and punching holes in the social fabric. (See, for example, Piketty and Saez.) But they're only professors, after all, so it'...
| Jul 28, 2014
| 2:30 AM
The biggest surprise in financial markets this year is the strong performance of bonds. You may recall that bond prices fell (and yields rose) last year after the Federal Reserve began to reverse its easy-money policies. With yields still near...
| Jul 28, 2014
| 9:00 PM
There's rough weather ahead for the federal budget and the nation's economy, according to this month's long-term forecast from the nonpartisan Congressional Budget Office. The CBO projects the growing national debt will reduce Americans' incomes, raise...