News
National Journal | Cut to GDP Growth Doesn't Necessarily Spell Trouble for Economy
Last summer, the U.S. economy seemed like it was just starting to hum along. The government reported growth of 4.1 percent in the third quarter, the fastest it had been since 2011. Then, the fourth quarter came along, bringing with it a government shutdown and the start of snow, and the economy's growth slowed by nearly 2 percentage points—dropping to 2.4 percent, according to the latest estimate from the Bureau of Economic Analysis.
CNN Money | Radio Shack closing 1,100 stores
Electronics retailer Radio Shack plans to close as many as 1,100 stores -- or nearly 20% of its locations.
WSJ | U.S. Factories Bounce Back in February
An important gauge of the health of U.S. factories gained traction in February despite the continuing harsh winter, reflecting manufacturers' confidence about growth prospects at home and overseas.
Econ Comments & Analysis
Fortune | How to fix public education in America
The U.S. spends more on education than most countries, but the private sector may have more to offer.
Washington Times | Happy 225th birthday, Congress and the still imperfect union
Today is the 225th anniversary of the First Congress under the Constitution meeting in the then-capital of New York City. Unfortunately, Americans have never really celebrated this historic event.
Mercatus | The Economic Situation, March 2014
Quivering financial markets in a post-taper economy remind me once again to always follow the money when trying to predict where this world is headed. New Fed chair Janet Yellen spoke truth to power when she testified in February that the Fed had stopped watering the money tree and that US labor markets were a long way from normal.
NBER | Retirement Security in an Aging Society
The share of the U.S. population over the age of 65 was 8.1 percent in 1950, 12.4 percent in 2000, and is projected to reach 20.9 percent by 2050.
Blogs
WSJ | How Stocks React to Geopolitical Uncertainty
An escalation of tensions between Russia and Ukraine roiled global markets Monday, but if history is any indication, the declines may be short-lived.
