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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: economics

economics stories: 58 news summaries

41 - 58 of 58 Stories | << Prev 1 2 3

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White House Economic Guru Stepping Down

Al Hubbard departure said to strengthen Paulson's hand

Nov 28, 07 8:13 AM CST
(Newser) - Top White House economics adviser Al Hubbard will step down by year's end, the AP reports. Hubbard, who has expressed frustration over his inability to get Bush economic initiatives through the Democrat-controlled Congress, will be replaced by deputy Keith Hennessy. Hubbard's departure will boost the influence of less ideological, more... More »

MORE ABOUT:
Bush administration • economics • Henry Paulson • Al Hubbard

Study Traces Europe's Bets on Civil War

This re-enactment
uses Confederate bonds, not weapons

Nov 16, 07 8:44 AM CST
(Newser) - Studying sales of Confederacy bonds in Amsterdam during the US Civil War, two economists say they're able to judge how European traders saw the South's chances of victory, the Wall Street Journal reports. Investors pegged the rebels' odds at 42% early on, but their 1863 defeat at Gettysburg sank bond... More »

MORE ABOUT:
economics • Abraham Lincoln • Civil War • National Bureau of Economic Research • Confederacy • Union

3 Americans Share Nobel
in Economics

Prize awarded for mechanism design theory

Oct 15, 07 8:06 AM CDT
(Newser) - Americans Leonid Hurwicz, Eric Maskin, and Roger Myerson have won this year’s Nobel Prize in economics for developing "mechanism design theory,"  which indicates when markets are working effectively, Reuters reports. The theory can be used to assess the factors which make individuals and corporations deviate from... More »

MORE ABOUT:
economics • Nobel Prize • Roger Myerson • Eric Maskin • Leonid Hurwicz • Nobel Prize in Economics • mechanism design theory

Credit Crisis Spurs Calls for New Oversight

EU, Asia want cooperation in US market regulation

Aug 29, 07 2:32 PM CDT
(Newser) - Financial regulators and politicians across Europe and Asia are banding together to demand an international role in the oversight of American markets. The subprime meltdown has demonstrated that fluctuations in American markets can wreak havoc the world over, the Times reports, and now international players are wondering why they must... More »

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economics • subprime mortgages • oversight • markets • credit crisis • regulation

5 Signs That Augur the Fall of the Bull

A look at reliable indicators that the bear market is ascendant

Aug 20, 07 3:35 PM CDT
(Newser) - After reaching a high in mid-July, the Dow has taken a sharp downturn. But how do you know when the bloom is off the rose? Here are Money magazine's five signs that usually precede a fall:
  1. Sudden surge in oil prices
  2. Treasury yields run up
More »

MORE ABOUT:
stock market • economics • list • crash • US economy • bear market • bull market

Beyond Chavez: The Other
Latin America
Is Booming

Brazil and Mexico lead in growth, reform

Aug 18, 07 7:02 AM CDT
(Newser) - Despite the rhetorical drumbeat from Hugo Chavez, not all of Latin America is mired in poverty exacerbated by free-market extremes exported from the US, the Economist writes. Led by giants Brazil and Mexico, much of the region is actually better off now than at any time in 30 years; the... More »

MORE ABOUT:
Latin America • Venezuela • Mexico • economic growth • economics • Brazil • poverty • Hugo Chávez

Fed Weighs Risky Biz of Rate Cut

Intervention could encourage more risk and trigger bigger crisis

Aug 13, 07 4:03 AM CDT
(Newser) - The Federal Reserve is facing a dilemma as it decides whether to ride to the rescue of  the market by slashing interest rates—and risk encouraging further recklessness and triggering an even worse crisis, reports the Wall Street Journal. The issue is what economists call moral hazard: protecting someone too... More »

MORE ABOUT:
Federal Reserve • economics • Alan Greenspan • recession • Bill Bernanke • deflation • moral hazard • interest rate

Four in 10
US Kids Can
Balance Books

First national test
reveals exposure
to economic ideas

Aug 8, 07 9:12 PM CDT
(Newser) - A new national test reveals that four in 10 U.S. high school students can grasp economic concepts like tariffs, banking and investment—a result that one expert says is “not discouraging.” Results showed that three in five students can point to factors that increase national debt while... More »

MORE ABOUT:
education • inflation • race • high school • economics • unemployment • investment • racial inequality • student

China Threatens to Crash Dollar

Aug 8, 07 5:04 AM CDT
(Newser) - The Chinese government is threatening to crash the American dollar by liquidating its $1.33 trillion in foreign reserves if the US dares impose trade sanctions to force a revaluation of yuan, reports the Telegraph. Two Communist Party officials have given interviews in recent days with stern warnings directed at... More »

MORE ABOUT:
China • Senate • economics • United States • trade • Communist Party • Capitol Hill • yuan • US economy • Chinese economy • US • revaluation • tariffs • nuclear option • US dollar

Hong Kong Poised to Become Asia's Big Apple

Port city turning into financial capital

Jun 30, 07 7:12 PM CDT
(Newser) - Hong Kong is in decline as Asia's premier shipping hub, but the dip in dockyard activity is nothing to fret over, Newsweek reports. The city is on the brink of becoming one of the world's financial capitals—on par with London and New York. Economic shifts are reconfiguring the political... More »

MORE ABOUT:
China • stock market • democracy • economics • Hong Kong • business • trade • finance • market capitalization • investment

A Steak-House View of the Economy

Ribeyes are grreat predictors of business performance, says Daniel Gross

May 30, 07 4:01 PM CDT
(Newser) - High-end steak houses like Ruth's Chris and Peter Luger are a great place to study trends affecting the US economy, argues Slate's Daniel Gross. The price of sirloin, for instance, reflects the recent spike in energy prices, as demand for ethanol has raised the price of corn, which is what... More »

MORE ABOUT:
energy • ethanol • economics • economic indicators • energy prices • steakhouse • business • beef • steak • Ruth's Chris Steakhouse • Peter Luger • US economy

Top Executive Salaries Soar

Gap between the CEO and the cubicle
is wider than ever

May 25, 07 8:00 AM CDT
(Newser) - The top bananas of the corporate world are taking in more income in relation to their immediate subordinates than ever before, the Times reports. Wealth is concentrating among the business elite but staying somewhat stagnant among more middling execs—the average gap between #1 and #3 has more than tripled... More »

MORE ABOUT:
wealth • executive compensation • economics • CEO • Office Depot • money • wages • income • US economy

Men No Longer Doing Better Than Their Fathers

Study shows American men in their 30s  earning 12% less than dads did study,

May 25, 07 7:03 AM CDT
(Newser) - American men in their 30s are doing worse than their fathers did financially, a change from just 10 years ago and a reversal of the expectation that each generation will exceed the success of their parents. In 2004, the median income for a man in his 30s, adjusted for inflation,... More »

MORE ABOUT:
economics • money • wages • income • Pew Charitable Trusts

Layoffs Sink Stock Prices, Says Study

Forget the Seven Percent Rule; workforce morale critical to value

Apr 29, 07 8:00 AM CDT
(Newser) - Economists have long doubted the precept that cutting a company's payroll will lead to a spike in its stock price. But try telling that to CEOs, who are still trying to emulate the turnarounds achieved by G.E. and Proctor & Gamble. Now, a study reveals that markets actually have... More »

MORE ABOUT:
stock market • Proctor • Citigroup • layoffs • economics • business • US economy

Small Towns to Chain Stores:
Let Us Shop!

Little places lure big retailers at annual shopping convention

Apr 4, 07 4:24 PM CDT
(Newser) - Small towns and exurbs are bending over backwards to woo national retail chains, Governing magazine reports from the International Council of Shopping Centers' convention. Phalanxes of city reps descend on the dizzingly massive—and cutthroat—annual spring conference in Vegas, attempting to raise their profile and land a Pottery Barn... More »

MORE ABOUT:
retail • Starbucks • International Council of Shopping Centers • shopping • consumer • economics • business • growth • retail shopping

Bernanke Keeps Interest Rate Steady

Sees housing crisis as risk, but doesn't see recession

Mar 29, 07 8:15 AM CDT
(Newser) - With inflation creeping up, Fed chairman Ben Bernanke will keep interest rates steady—at least for now, reports the Wall Street Journal. Soft business investment and weakening housing are becoming serious risks, but the long-term outlook is good, Bernanke told Congress yesterday. "The current stance of monetary policy is... More »

MORE ABOUT:
inflation • Ben Bernanke • economics • subprime mortgages • Alan Greenspan • investments • housing • recession • interest rate

Fake Raids Test Iraqi Reconstruction

U.S. aid to small businesses works only if it's invisible. Otherwise, companies get 'immediately shot or blown up.'

Mar 22, 07 11:13 AM CDT
(Newser) - The American military is staging fake raids on Iraqi small businesses to confirm that US aid is being well spent—without tipping off insurgents that they have any US connection. "The only way things will work is if the US contribution is totally invisible," says a civil-affairs officer,... More »

MORE ABOUT:
Iraq • military • insurgents • economics • United States • aid • raids • small businesses • civil affairs • Iraq economy • US economy

Satellite Sisters

XM and Sirius may
have unlikely
rescuers from
the Chicago School
of Economics

Mar 18, 07 8:44 PM CDT
(Newser) - Jim Surowiecki describes how the “Chicago School” of economists revolutionized anti-trust thinking in the 1970s. By arguing that it is not the number of competitors but rather their strength that mattered, these economists posited that some mergers stimulate competition. More »

MORE ABOUT:
entertainment • music • Mel Karmazin • satellite radio • Sirius • economics • merger • Chicago School • XM Satellite Radio

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