We have discussed the impact of aging population quite often now. The elderly depends heavily on savings for their expenditure especially after retirement. However, having…
Month: April 2015
The long-term surge in foreign-currency reserves held by central banks is beginning to come to an end. Global foreign exchange reserves declined to $11.6 trillion…
The recent announcement by McDonald’s that they would increase their minimum wage for restaurant employees was initially met with celebration by many. After years of…
Many recent forecasts have predicted that China’s corn stocks (an important crop for feeding livestock) would be significantly decreased in the upcoming months, resulting in…
The recent tentatively agreed upon nuclear arms deal with Iran will impact oil prices in the global economy. Successful implementation of the agreement will result…
Continuing examination of the March jobs report, the energy sector was one of the biggest losers as oil and gas producers low oil prices resulted…
“The pain of paying” is a phrase behavioral economists use to talk about the differing levels of inhibition consumers feel when they pay in different…
An online debate between Larry Summers and Ben Bernanke about the state of the global economy and how to fix the United States’ low interest…
The recently released March job report and documented slowdown in hiring has had an affect on the strength of the dollar. The strength of the dollar…
In this age of technology, computers have been accepted as a powerful tool for maximizing productivity in offices and other workplaces around the world. While computers…
College tuition rates have been rapidly increasing in the United States since the 1980s. As the costs of obtaining a college education continue to rise…
A new article from The Economist covers the state of Nigeria’s economy after their recent presidential election. The country is currently facing big problems because…
Workers’ wages have picked up in March, but there is no sign of a large increase in their acceleration. Average hourly earnings in the private…
Teenage unemployment is triple the overall average, according to the U.S. Department of Labor. In February 2015, unemployment for those 16-19 was 17.1%, compared to…
To follow up on Christian’s post, the job report was released early this morning and there has been an abrupt slowdown in hiring in March.…
The Conference Board, a private interest group, said that its index of consumer confidence increased to 101.3 in March, up from 98.8 in February. This…
American labor markets have been on a tear and all eyes are fixed on tomorrow’s job numbers. Economists predict the Labor Department to announce a…
Imports in February were stalled by labor negotiations at West Coast ports, bringing the US trade deficit to a more than 5 year low. This…
In the wake of Walmart’s recent wage hike and implementation of employee education programs, McDonald’s just announced its intention to boost worker pay and offer…
The president of the Federal Reserve Bank of Atlanta Dennis Lockhart believes that the United States economy will pick up the pace in the second…