No, it’s not a new plague. Rather, it’s a little-known economics thesis that explains why uneven productivity gains in different sectors can have a huge impact on everything from consumer spending to government deficits. The la…
As part of its efforts to reduce its labor costs, Walmart plans to stop paying its staff an extra $1 an hour for working Sundays starting in 2011, according to Bloomberg. The move won’t affect the retailer’s 1.4 million current…
Watching which way the talent is flowing in Silicon Valley can tell investors a lot. Even if a big brain drain isn’t a sure death knell for a major player, it can’t be ignored. And during the last couple of years, a lot of tale…
The Commerce Department reports that U.S. corporate profits have hit historic highs, so why isn’t the GOP — the party of business — celebrating? After all, those profits are coming not from revenue growth — which would benef…
The world economy is poised for more of the same in 2011: booming growth in China, India and Brazil, and a sluggish crawl in much of the rest of the developed world. Here are the five most important factors driving sluggish eco…