Another good week for the U.S. economy: Initial jobless claims fell below the key 400,000 level, and the consumer sentiment index rose to its highest point in eight months, indicating that Americans are increasingly confident t…
Many people blame America’s high unemployment rate on a mismatch between workers’ skills and the fields with open jobs. But jobs are scarce across all sectors. That means effective policies are needed to stimulate demand and re…
There’s no shortage of pundits who shot to fame on the back of a bold, contrarian call only to come up empty afterwards. Meredith Whitney and Nuriel Rubini are just two pundits who called the meltdown while most others were obl…
It took about 10 years of decisions for the federal budget to get more than a trillion dollars out of whack, and it’s going to take at least five years to balance it again. The only way to do it is piece-by-piece, with equal sa…
There’s no way to sugarcoat it: The U.S. job deficit is huge, and it will take years to fix. But investors shouldn’t become too pessimistic. America’s economy has the capacity to adapt and renew itself faster than many folks ex…