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Tuesday, October 28, 2014

General Economics

News                                                                                                                             
Wall Street Journal | Avoiding the Global Slowdown Blues
It has been five years since the end of the Great Recession, yet President Obama and members of his administration still speak of it as if it were yesterday and play down the anemic recovery.
Wall Street Journal | Gas at $3 Carries Rewards—and Risks
Gasoline prices have dropped below $3 a gallon at most U.S. gas stations, delivering a welcome lift to American consumers and retailers heading into the holidays.
Market Watch | U.S. ranks 20th in equality between men and women
Key measures of equality between men and women in the U.S. are improving, and a broad gauge shows the gender gap is narrowing, according to a new report.

Blogs                                                                                                                             
Wall Street Journal | Trans-Pacific Partnership Trade Deal Looks as Far Off as Ever
U.S. farmers and pharmaceutical firms eyeing gains from a Trans-Pacific Partnershipshouldn’t hold their breath.

Health Care

News                                                                                                                             
CNN Money | Ebola: The making of a $1 billion drug
At least that's what some experts are betting on. The deadly virus has struck such fear globally that people are betting many governments will start stockpiling Ebola drugs to combat any future outbreaks.

Monetary

Blogs                                                                                                                             
Wall Street Journal | Grand Central: Fed Stays on Course
With Federal Reserve officials kicking off a two-day meeting today, let’s look at the numbers to see what has changed since the central bank last met Sept. 16-17.

Taxes

Econ Comments & Analysis                                                                                            
Real Clear Markets | No Band-Aids, Let's Have Real Tax Reform
Whatever the results of the election, Congress is planning to reconvene on November 12 for a lame duck session, so-called because the days in office of some members will be numbered.

Budget

Blogs                                                                                                                             
Wall Street Journal | Gifts to Pay Down U.S. Debt Grow to (a Tiny) $5 Million
The good news: People made a noble $5 million in extra “gifts” last year to help Uncle Sam pay down the debt.