Economy
The California Shale Bubble Just Burst
The great hype surrounding the advent of a shale gas bonanza in California may turn out to be just that: hype. The U.S. Energy Information ……Read More
Business
Economy
Hooked on Cheap Credit in America
No matter what Janet Yellen and the group of deep thinkers that make up the FOMC may tell us, the Federal Reserve has backed itself ……Read More
Economy
The Relatively Jobless Recovery in America
Now that the unemployment rate in the United States has finally fallen below the Fed's formerly magic number of 6.5 percent, I thought that it ……Read More
Economy
The Low-Wage Employment Recovery The Illusion Continues
The National Employment Law Project (NELP) recently updated its analysis of job trends after the Great Recession in a new report that examines the types ……Read More
Markets
Collateralized Debt Obligations An Unlearned Lesson
Back in October 2013, I posted a brief on the return of collateralized debt obligations or CDOs, those toxic little gems that helped bring the ……Read More
Economy
The Real Wage Productivity Conundrum
In the early days of my career in the late 1970s and early 1980s, one thing that employees could count on was getting a raise ……Read More