economy
Who should be the next Fed chair?
August 16, 2013If it were my decision, first I would try to talk Ben Bernanke out of leaving, since he is the closest thing to a "Depression scientist" that has ever been in the job.
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Unemployment dips, but new jobs likely pay low wages
August 2, 2013The U.S. unemployment rate in July was 7.4 percent, the Bureau of Labor Statistics reported, down 0.1 percent from the month before. A separate survey reported businesses claimed to create a net of 162,000 new jobs...
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Japanese Communists may emerge as main opposition to “Abenomics”
July 26, 2013International headlines have trumpeted Prime Minister Abe Shinzo's decisive win in Japan's upper house election July 21, but the election results indicate the potential defeat of the ruling Liberal Democratic Party's economic and constitutional agenda.
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President Obama lays out his vision for the economy
July 25, 2013The president framed the economic tasks ahead of the country as one of fixing structural problems that go well beyond the current financial crisis.
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Today in labor history: Minimum wage rises 70 cents, fight continues
July 24, 2013Today in 2009, the U.S. minimum wage rose 70 cents from $6.55 to $7.25. Low-wage workers struggled mightily for that meager increase.
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