Peter Morici

Executive’s $15 Million Pay Package Denied by Citigroup Shareholders

Citigroup shareholders have voted down the bank’s $15 million pay package for its chief executive, Vikram Pandit. It’s the first time that stock owners have united in opposition to outsized compensation at a major bank. Is this a new era of bank backlash? Eleanor Bloxham is the CEO of The Value Alliance, a board advisory […]

Can Anyone Resurrect ‘Made in the USA’?

President Obama Hosts US-EU Summit

The World

Unemployment numbers lower than expected

The World

New unemployment numbers coming out

The World

The Dow Climbs?What’s Next?

The stock market will be tested by the biggest batch of second quarter corporate profit reports. The Takeaway talks to Peter Morici, an economist and Business Professor at the University of Maryland, to discuss how the market is likely to fare.

The World

Jobs, the Minimum Wage, and Unemployment Insurance

The Dow posted its highest closing since last November, and the minimum wage goes up from $6.25 to $7.25. Joining The Takeaway to discuss this is University of Maryland business professor Peter Morici and New York Times reporter Jason DeParle.

The World

President Obama Reshapes the Financial System

Global Politics

President Obama is laying out some significant changes to the U.S. financial system. For a closer look at some of these reforms, The Takeaway talks to Peter Morici, economist and professor at the University of Maryland’s School of Business.

The World

Labor costs and unions

Global Politics

The auto bailout will require autoworkers to give up some of their hard-won benefits. Yet Obama is beholden to organized labor. Peter Morici joins The Takeaway to parse the details.

The World

The numbers behind the job numbers

The Labor Department releases November unemployment data this morning. In October, the economy lost 240 thousand jobs and November may deliver some even bleaker numbers. Economist Peter Morici, a professor at the University of Maryland School of Business, looks at the numbers.