Category: Economy

Why Apple Should Buy Nokia

Why Apple Should Buy Nokia

Journalist and technologist Tristan Louis has a reasonable argument here for why Apple should buy Nokia, now that the former has driven the latter to thebrink of dissolution. His case is built on several points: Apple needs more...

The Week Ahead: Is the Stock Market Right About the Economy?

The Week Ahead: Is the Stock Market Right About the Economy?

A number of experts believe the US is close to a recession if not already in one…but they’re having a hard time explaining the technical strength of the market, which often peaks or bottoms...

Unemployment Rate Drops to 7.8% But Path to Recovery is Murkier

Unemployment Rate Drops to 7.8% But Path to Recovery is Murkier

With the first presidential debate behind us, and the election just a month away, we have come upon that magical time of the year when the media filters each new datum through the lens...

Are We Already in A Recession?

Are We Already in A Recession?

New data give support to those who believe the U.S. economy is already contracting. What’s in a name? Would a recession by any other name be as painful? That’s the debate that raged a...

Why the Euro Crisis Is Nowhere Near Being Over

Why the Euro Crisis Is Nowhere Near Being Over

It’s astonishing, but everyone is behaving as though the euro crisis were over. Long-term bond yields are bellwethers of investor confidence. And over the past few months, yields on 10-year Spanish bonds have fallen...

Stocks: Job market to steal the show

Stocks: Job market to steal the show

  Click the chart for more stock market data NEW YORK (CNNMoney) — The fourth quarter kicks off with a series of important reports on the U.S. economy. While data from across the economic...

Student loan default rates jump

Student loan default rates jump

Student loan default rates jump The Department of Education said 218 schools had three-year default rates of 30% or more, putting the schools at risk of losing their federal student aid. NEW YORK (CNNMoney)...

How Bad Is America’s Pension Funding Problem?

How Bad Is America’s Pension Funding Problem?

Unfunded liabilities in pension funds are just as onerous as other kinds of debt. Such liabilities now total more than $2.5 trillion and are growing at a rapid pace. No sooner had the Chicago...

Can Robots Bring Manufacturing Jobs Back to the U.S.?

Can Robots Bring Manufacturing Jobs Back to the U.S.?

Heading into the 20th century, America was a predominantly rural country. Roughly 40% of the nation’s labor force toiled on farms alongside 22 million work animals. One hundred years later, fewer than 2% of...

Baltimore: The city that sues the banks

Baltimore: The city that sues the banks

The Libor scandal plays out in an unlikely place – the streets of Charm City. FORTUNE — It has been a year since Baltimore sued the big banks — Bank of America (BAC), Barclays...