Category Archives: Financial

Why Markets Have Gotten So Jumpy

To understand why global financial markets have been so volatile the last few weeks, imagine a town full of farmers who have been living through a decade-long drought. The first few years of the drought, they probably adapted by shifting to crops which could grow without much water, yet at the same time they probably

Equality Still Distant Even as Black Unemployment Hits Milestone

So Mr. King, a former Army commander who trained soldiers, founded Summit Academy, a vocational school. He spent years trying to persuade people to actually hire his graduates. In 2009, as the nation was trying to climb out of the recession along with Minnesota’s legislature was debating how to spend federal stimulus money, Mr. King

Fed Officials Say Economy is actually Ready for Higher Rates

A wave of turbulence passed through global equity markets from the days after the Fed’s January meeting. The government reported an unexpected increase in wages, as well as also investors worried the Fed could respond by raising rates a little more quickly. Then Congress passed a plan increasing government spending, tossing more logs onto the

Britain’s Jobless Rate Rises, to 4.4%, for First Time in 2 Years

Households lost spending power last year because of a jump in inflation, caused by the fall from the pound after the British vote to exit the European Union. however the Bank of England expects pay to pick up soon, a big reason the item says interest rates are likely to rise faster in addition to

The Economy is usually Getting Hotter. is usually a Productivity Boom Next?

Two of the most important facts about the global economy over the last decade are these: A giant financial crisis led to mass unemployment in many countries along with years of disappointing growth. along with despite a seeming barrage of technological innovation, productivity growth has been the weakest in decades. Maybe in which’s not a

Come the Recession, Don’t Count on in which Safety Net

The federal debt burden is actually at This kind of point the heaviest This kind of has been in 70 years. along with This kind of is actually likely to get progressively heavier, as the budget deficit swells. To top This kind of off, a Republican president along which has a Republican Congress seem set

Tax Overhaul Gains Public Support, Buoying Republicans

Over all, 51 percent of Americans approve of the tax law, while 46 percent disapprove, according to a poll for The fresh York Times conducted between Feb. 5 in addition to Feb. 11 by SurveyMonkey. Approval has risen through 46 percent in January in addition to 37 percent in December, when the law was passed.

If a Law Bars Asking Your Past Salary, Does This kind of Help or Hurt?

yet the consequences may not be as clear when This kind of comes to salary history. Some academic evidence suggests in which the brand new laws may help women in certain circumstances. To anticipate the effects of such laws, This kind of’s worth exploring why employers ask about a candidate’s salary history inside the first

Trump Administration Recommends Stiff Penalties on Steel in addition to Aluminum Imports

Any action to limit imports can be likely to end up raising the cost of steel, which could destabilize American industries by automakers to food packagers. Tough trade measures could also sow discord in addition to provoke retaliation among America’s allies abroad. There would certainly be a 0-day appeal period allowing American companies to request

The Trump Administration can be Optimistic About Economic Growth. Be Skeptical.

President Trump has been nothing if not bold in his promises to generate supercharged economic growth. When a report showed a strong 3.3 percent growth rate last fall, he said, “I see no reason why we don’t go to 4 percent, 5 percent, as well as even 6 percent,” as well as he has spoken