Marketplace®

Daily business news and economic stories
  • Doing some research… and here are some more worrisome numbers….

  • This is much worse than expected. Employers cut 533,000 jobs in November. That's the most in 34 years. The unemployment rate is to 6.7%, a 15 year…

  • Peter Coy of Business Week is gloomy on the job outlook. I hope he's wrong, but I think he's right….

  • The case for long-term care insurance is compelling. It's the product that is difficult to understand and evaluate. Now, the question is whether…

  • Economist Oliver Hart of Harvard University and Luigi Zingales, professor of finance at the University of Chicago graduate school of business have…

  • The U.S. has long been an unequal society, but we always had strong upward mobility. Yet now the latest reserach suggests that we have less upward…

  • The recession has been offically dated back to December 2007. The average post World War 11 recession is 11 months, with the longest downturn 18…

  • Here's what the 10-year Treasury Inflation Protected Security is forecasting will be the expected inflation rate: 0.34%….

  • Here's part of nthe press release from the Iowa electronic prediction market:…

  • The Wall Street Journal has a good story about credit card companies hiking rates and raising fees. The credit card business is ripe for reform….