Why There Is More Interest in the Budget

While a national deficit is normal, the recent reason for its projected growth has not been seen for decades.

Weekly Roundup: From Smart Cars to Dumb Laws

This week’s economic news summary includes work week tradeoffs in France, new labor laws for the gig economy, and why price tags are disappearing.

Weekly Roundup: From Fast Food Grades to Movie Reviews

Our economic news summary includes inflationary movie reviews, baggage productivity, fast food animal welfare grades, Chinese consumer spending and methane.

Weekly Roundup: From Fed Dots to Income Traps

Our economic news summary includes interest rates and the Fed, inequality and developing nations, space travel innovation and consumer spending changes.

Connecting the (Interest Rate) Dots

With the timing of the first Fed rate hike still a mystery, we can use the FOMC (Federal Open Market Committee) dot plots to predict when rates will rise.

What Greek Markets are Saying to Us

Reflecting collective intelligence, markets in Greek CDSs and Greek bonds, and the dwindling deposits of Greek banks show if we’ll have a Greek default.

What We Should Know About Monetary Policy

Having heard Janet Yellen’s press conference yesterday, I learned that the Federal Reserve expects that the economy will improve, their bond buying will diminish and, during the foreseeable future, interest rates will start to ascend. And yes, she spoke about unemployment and…