It remains unclear when the Federal Reserve will raise short-term interest rates, after the release of the minutes of its Oct. 28-29 meeting today, said Jia Liu, research fellow at the American Institute for Economic Research.
Daily Economy News
There’s a lot of talk about the best way to invest a retiree’s nest egg, but that isn’t the most important thing in preparing for a financially secure retirement, said Luke Delorme, research fellow at the American Institute for Economic Research.
More Americans are choosing to leave the safety of their jobs for the promise of better opportunity elsewhere, which is more evidence that the labor market is continuing to improve, said Bob Hughes, senior research fellow at the American Institute for Economic Research.
Nearly a year after the health insurance exchanges opened for the first time, there are many uninsured people who are still unaware of how and when to get health insurance coverage. A recent Kaiser Family Foundation survey found that almost 90 percent of the nearly 41 million remaining uninsured Americans are unaware that open enrollment for the exchanges begins in November. Only 53 percent know that the Affordable Care Act (ACA) provides financial assistance, such as Medicaid and premium subsidies, to low and moderate income Americans. Almost 60 percent of the survey respondents, however, said they expected to get coverage within the next few months.
If there was any doubt the economy was picking up strength as the holiday buying season approaches, the October jobs report shows ample evidence, said Bob Hughes, senior research fellow for the American Institute for Economic Research.
As a follow-up to the Summer 2014 Teach-the-Teachers Initiative (TTI), we continue to visit the participants’ classrooms to observe the implementation of lessons learned at AIER. On October 30, I observed the Advanced Placement Government and Politics class at the Pomperaug High School in Southbury, Connecticut. The topic of the day was “Fiscal Policy”.
The Federal Reserve Bank of Boston recently released a report that found H-1B visas are not entirely used for STEM fields, nor does the demand come entirely from firms that outsource labor to cheaper countries. The latter finding helps to counter some of the criticism that has made the H-1B visa program so hotly contested.
William J. Dudley, president of the Federal Reserve Bank of New York, spoke last week at Rensselear Polytechnic Institute in Troy, New York, about the pace of the U.S. economic recovery.