As Marybethand I posted, domestic oil production is becoming an important economic issue. In her post, Marybeth finds that the U.S production has been rising…
Month: March 2015
The service industry has recently taken interest in increasing low-level worker’s wages. Wal-Mart increased base wages to $9, which was quickly reciprocated by competing TJ…
It is feasible that the euro and the dollar will hold equivalent values in the near future. This is the result of the euro’s falling value…
A recent New York Times article pointed out that the US Federal Reserve’s stress tests for banks have become more rigorous in recent years. What…
Despite falling prices for oil in the global market, oil production in the United States has increased in the past year. The main reason for…
Bloomberg Business reports that several U.S. drilling executives met with Brian Deese, the White House senior energy policy adviser, to discuss lifting of the 40-year…
The typical working family has only $104,000 saved by retirement according to the Federal Reserve’s Survey of Consumer Finances. The Center for Retirement Research at…
Although in recent years, blue collar laborers seems to be on the decline and thought to be reserved for those who only had high school educations,…
The amount of debt that students are left with after graduation is on the rise. The national aggregate level of student debt has nearly doubled…
Tossed aside by investors and future retirees for decades, index investing has made major strides in recent years. Its advocates – spawning from the legendary…
There has been much talk about the Fed’s plans for interest rates in the news and on our blog recently, and with the Fed’s next…
Yesterday Leland Miller, President of China Beige Book International, spoke at Washington and Lee in a lecture called, “Demystifying China’s Economy in 2015”. Miller began…
The Economist – Apple Apple released a new generation of products yesterday and obviously created a great deal of buzz on the internet while doing…
During the Federal Reserve stress tests last week, Goldman performed more poorly than other big banks. As a result, analysts and investors are showing concern…
The U.S stock market experienced a large-scale decline on Tuesday, with the Dow falling 172 points (1%) to 17823. Likewise, the S&P 500 fell 21…
As a follow-up to a previous blog post on Ukraine I will now discuss it’s counterpart in the news, Russia. As mentioned earlier, Ukraine’s economy…
When looking at urban economics in the context of the national economy it is sometimes hard to gauge economic growth versus simply population growth. Generally,…
This fiscal year, the state of Kansas is facing a $280 million budget shortfall as a result of one of the largest tax cuts in…
Unemployment in the United States fell to 5.5% after 295,000 new jobs in February. This is the lowest unemployment percentage since spring of 2008. …
Paul Krugman is one of my favorite economists. He has a natural talent to make his brilliant insights in economics understandable for just about anyone.…