A tweet – 12 words, 140 characters – caused a selling frenzy last week, as the stock market dumped $134 billion in stocks in a minute and a half and…
Fingers Crossed In Economic Promise
Like most promises made before an election, the promise of an economic recovery is beginning to look like a false promise. Last fall, the housing market was showing signs of…
U.S. Without a Budget for Four Years and Counting
As of April 29, the U.S. government will have operated without a budget for four years. Based on the budget he proposed this week, President Obama intends to keep the…
90,000,000 Americans Have Stopped Working
When the unemployment rate declines, even by a little bit, it should be good news. But when it declines because people are leaving the workforce in record numbers, it’s not.…
Two Banks With a Country Attached
Cyprus? Really? The population of Cyprus is just north of 1 million people. In comparison, the Boston area has a population of 4.6 million. Greece has a population of about…