News
Bloomberg | PricewaterhouseCoopers Agrees to Purchase Booz
PricewaterhouseCoopers LLP, the closely held accounting firm, agreed to acquire consultant Booz & Co. to expand its advisory business.
Bloomberg | Retirees Replaced by Lower Paid Weigh on U.S. Growth: Economy
Retired Ford Motor Co. worker Tony Fransetta scrimps on every expense after earning about a third of his previous pay since leaving the auto company in 1990.
Econ Comments & Analysis
Real Clear Markets | Stumping Patent Trolls Is The Path To Innovation
At a time when gridlock in Washington has been at an all-time high, there is one high-profile issue where Democrats and Republicans are quickly coming together: defeating "patent trolling," which is a growing area of litigation abuse vexing America's high-tech economy.
Real Clear Markets | Calm Before The Gathering Storm In Europe
Despite the present calm in European financial markets, all is far from well in the Eurozone's political economy. Yet, true to form, European policymakers are showing no sign of taking advantage of this calm to adopt those measures that might place the Euro on a surer footing for the day when global financial conditions are no longer as favorable as they are right now.
CBO | H.R. 2767, Protecting American Taxpayers and Homeowners Act of 2013
H.R. 2767 would require the Federal Housing Finance Agency (FHFA) to repeal the charters of Fannie Mae and Freddie Mac and end the operations of those firms five years after enactment of the bill (and subject to certain conditions). Thus, after 2018, those two government-sponsored enterprises (GSEs) would cease to guarantee new mortgages.
