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Economy

 

Must Read Money Stories, Thursday, Nov. 20
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Must Read Money Stories, Thursday, Nov. 20

The Bill Cosby fallout has begun. NBC, Netflix and TV Land are all backing away from the the 77-year-old comedian after four women have come forward recently accusing him of rape, including model Janice Dickinson, the New York Times reports. NBC was developing a pilot with Cosby that would have brought him back to primetime, […]

Must Read Money Stories, Tuesday, Nov. 18
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Must Read Money Stories, Tuesday, Nov. 18

  Japan’s economy has taken an unexpected downturn. FiveThirtyEight writes that 18 economists predicted the country’s economy would have a third quarter upswing — instead, it contracted by 1.6 percent. Ben Casselman said Japan’s shrinking GDP, which also experienced a 7.3 percent contraction earlier this year, is indicative of a recession, and that’s bad news for […]

Must Read Money Stories for Friday, Nov. 14
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Must Read Money Stories for Friday, Nov. 14

Amazon and Hachette bury the hatchet. After a six-month dispute that pitted one of the world’s largest and most powerful companies against a french book publisher, Amazon and Hachette announced a deal yesterday. Neither side has said much of anything about the deal they reached. But the fact that there is a deal at all […]

Must Read Money Stories for Thursday, Nov. 13
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Must Read Money Stories for Thursday, Nov. 13

The Federal Communications Commission has the GOP breathing down its neck. FCC chairman Tom Wheeler is being squeezed from both sides of the aisle: President Obama came down strongly in favor of net neutrality earlier this week, and now Republicans are urging Wheeler to not overstep his authority, the New York Times reports. The House […]

Must Read Money Stories for Wednesday, Nov. 12
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Must Read Money Stories for Wednesday, Nov. 12

Let’s make a deal. President Obama and Chinese President Xi Jinping announced a new agreement that binds the two nations on carbon emissions for decades to come. The New York Times describes the deal as a “landmark agreement” between the two countries. As part of the deal, the United States will agree to reduce its […]

Must Read Money Stories, Tuesday, Nov. 11
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Must Read Money Stories, Tuesday, Nov. 11

What is net neutrality, anyway? On Monday, President Obama came down in favor of net neutrality and the FCC will likely follow his lead. But what does this all mean? The Upshot’s Neil Irwin wrote a great explainer to clear up this issue for those who are just catching up. Essentially, the internet in its […]

Must Read Money Stories Friday, Nov. 7
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Must Read Money Stories Friday, Nov. 7

It’s jobs report day, it’s jobs report day! Bloomberg writes that this morning’s jobs report came in at a slightly lower number than expected. But October was still the ninth straight month of jobs gains. The unemployment rate, meanwhile, dropped to its lowest level in six years.   Emergent Detroit. Detroit’s historic bankruptcy could be wrapping up. The […]

Must Read Money Stories Wednesday, Nov. 5
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Must Read Money Stories Wednesday, Nov. 5

Yeah, but what does it mean? The big story of the day is — well, duh. With Republicans now in control of the Senate, there are all kinds of prognostications about what that may mean for the future. The Wall Street Journal writes business leaders are optimistic that Republican rule in both chambers of Congress […]

Must Read Money Stories, Tuesday, Nov. 4
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Must Read Money Stories, Tuesday, Nov. 4

Happy Election Day! As many voters head to the polls, the economy might not be on their minds. The Upshot writes that the state of the U.S. economy is only a major factor in presidential election years. When we’re voting for our commander in chief the correlation between growth in GDP and vote shares (for […]