China’s President Hu Jintao is heading to the United States this week and will meet with President Obama at the White House on Wednesday. Marcus Mabry, associate national editor for The New York Times, and Charlie Herman, economics editor for The Takeaway and WNYC, discuss what they expect to come out of this meeting between […]
Bitcoins have been in the limelight a lot lately, with their skyrocketing value that made some people wealthy overnight and their link to financial improprieties and criminal schemes. Now a New York regulator is holding hearings that could help Bitcoin soar or sink as a virtual currency.
Two new documentaries look at the financial meltdown five years later. One is called “Money For Nothing: Inside the Federal Reserve,” and is in limited release in theaters today. The other, which will be released directly to Netflix subscribers on Monday, is called “Hank: Five Years from the Brink.” Do they tell the truth? And are […]
The United States added 169,000 jobs and unemployment dipped in August, though the numbers fell short of most experts’ expectations. With the uncertainty over Syria and the onset of Obamacare, it’s unclear how the Federal Reserve will respond to the latest developments.
The latest economic data for the United States is encouraging. The budget deficit is declining, consumer spending is picking up and the government is collecting more in taxes. But there’s the possibility this good news could leave the U.S. in a worse position in the long run.