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It might just be the weather or garden-variety economic volatility, but no matter the reason, the storyline of an economic soft patch continued this morning.
READ MOREThe Supreme Court is deliberating on a case, King v. Burwell, which challenges the legality of the federal government subsidizing health insurance in the 37 states that did not set up their own health insurance exchanges. This is a politically charged debate, both about whether the law is working, and what the real-world implications would be if subsidies are struck down in those 37 states. While it’s not my place to say whether the law is working, it is important to clarify what this Supreme Court decision is about, and who it affects.
READ MOREThere’s an interesting story in The Upshot section of The New York Times today about income inequality and life expectancy. The story highlights a study by the University of Wisconsin Population Health Institute that looks at the relationship between h …
READ MOREThis morning’s downward revision of the fourth-quarter GDP number, from an already less-than-stellar 2.4 percent down to 2.2 percent, might lead one to believe the economic outlook is weak. But a look inside the numbers shows why things aren’t actually so bad, and why we believe the economy is poised for a stronger spring.
READ MOREThe American Institute for Economic Research takes a hard look at the two very different storylines in the U.S. economy in its March edition of its new Business Conditions Monthly, which was released on Wednesday.
READ MOREThe everyday cost of living, which has generally been down for the last year, swung higher in February, as energy prices snapped back.
READ MOREWe’ve been highlighting some distinct medium- and longer-term trends in consumer prices lately: Energy prices have been markedly down. Service prices have been gaining while the prices of goods have not. As we learned this morning with the monthly release of the Consumer Price Index, some of those trends took a vacation in February.
READ MOREOn the occasion of President Obama’s visit to Cleveland, AIER Senior Research Fellow Bob Hughes appeared on National Public Radio’s Cleveland affiliate on Wednesday to speak about the economy on the program, “The Sound of Ideas.”
READ MOREThe fairly modest federal deficit projected for the next few years has made fiscal discipline a less urgent policy concern than it was only a couple of years ago. But can we believe the projections? Does the fact that the deficit is projected to remain fairly small mean that the deficit is likely to remain fairly small in reality?
READ MOREApple Inc. today joins the Dow Jones Industrial Average, replacing AT&T. For a listing originally based on heavy industry, the fact that Apple, the technology-driven consumer electronics company that has the largest market value in the world, is now entering the Dow reflects how much the economy has changed.
READ MOREObservers are awaiting a statement from the Federal Reserve this afternoon, toward the end of its two-day meeting, that could shed light on when it will start raising interest rates.
READ MORECompanies with happier employees tend to have higher stock prices, according to an interesting report by Glassdoor Inc., which was featured in The Wall Street Journal.
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