All The New Economy
- Working women make more than their mothers, but less than fathers
Women in the workforce make more money than their mothers did, on average, but they still make less than their fathers did at similar stages in their careers, according to a new study. The father-daughter wage gap was biggest among the wealthiest workers.
- Don't extend the tax 'extenders'
Those tax goodies – tax breaks for everything from corporate research to teachers' unreimbursed class expenses – have expired again. Congress always renews them. But Congress would do the nation a favor by not extending them until it tackled serious tax reform.
- Consumer confidence hits six-year high. Are we past the winter drag?
Consumer confidence reached its highest level since January 2008 in March, according to the Conference Board Consumer Confidence Index. It's the earliest sign that the US economy finally may be moving past the drag of a lousy winter.
- US jobs grow, but not for journalists
Job declines in print journalism have taken their toll, but the Internet offers some hope for future growth.
- Swiss bank accounts are only the tip of tax-evasion iceberg
Billions of dollars in tax revenue is lost through Swiss bank accounts, a Senate panel charges. But hundreds of billions of dollars are lost through more mundane tax evasion. Why is Congress making it harder for the IRS to collect the much bigger sum?
- Retail sales sluggish. Winter weather to blame?
Retail sales were sluggish in January as the economy surely felt the effects of wild winter weather. But certain trends in the retail sales report suggest the slowdown could extend beyond the winter months.
- Should you relocate for work? The pros and cons.
Nearly three fourths of job seekers say they are willing to relocate for work, according to a recent study, and hiring managers find local candidates more attractive. Should your job search hit the road?
- Break the budget impasse? Push growth.
Republicans and Democrats, fiscal hawks and doves can rally around a growth budget, which cuts taxes that impede growth and spends on federal programs that encourage it.
- Plunge on Wall Street? Fed should stay the course.
- Why the new Volcker Rule will make it harder to assess risk
Volcker Rule has loopholes that will allow banks to avoid reducing risk. One set of rules around hedging will make it harder to assess the risks that banks are taking on.
- Ready to save for retirement? Four money moves to make now.
Saving for retirement requires two strategies and four steps. Yes, saving for retirement is really that easy.
- Will the polar vortex chill the US economy?
The polar vortex that chilled most of the nation this week could cost the US billions. But it shouldn’t plunge the economy as low as the temperatures.
- Are food corporations living up to 'responsible marketing' promises?
The food movement made great progress in certain areas in 2013. But when it comes to food corporations' marketing to children, big changes still need to be made.
- Predictions for 2014 economy? Here are five.
Predictions for 2014 economy are generally upbeat, with analysts seeing growing picking up and the bull market in stocks continuing. But the economy won't get back to normal in the new year, despite the positive predictions for 2014.
- Beyonce sticks it to Target, giving Wal-Mart shoppers $37,500 in gift cards
Beyoncé responds to the boycott of her "XO" album by Target and Amazon by visiting Wal-Mart. Beyoncé handed out $37,000 worth of gift cards to Wal-Mart shoppers on Friday night.
- The bad business of payday loans
Payday loans from banks pose huge problems for poor consumers – and the banks themselves. The federal government has finally stepped in with new guidelines for payday loans.
- Cyber Monday, step aside: Cider Monday puts a tasty spin on buying local
Cyber Monday? Try Cider Monday, when New England retailers put a 'Buy Local' spin on the shopping day associated with Internet deals.
- Lessons from Obamacare mess: Tap private-sector principles
The private sector wouldn't solve the Obamacare mess, but private-sector principles of high pay for great talent would have gone a long way to avoiding the problems in the first place.
- Simpler taxes? Sure. Simplistic ones? Beware.
In the push for simpler and fairer taxes, some 'reformers' are pushing plans that are simplistic and unfair.
- Robo-signing is over. But robo-suing is growing.
A small group of debt collectors are robo-suing people who default on their credit cards. Now, state and federal authorities are cracking down.