Most Americans believe themselves to be members of the middle class. But a new report has shed light on who really makes up this segment of society — and how their numbers are shrinking. A paper released this week from the RAND Corporation, a public policy research firm, explores the …
Read More »
AFP via Getty Images As President Donald Trump looks to fill the Supreme Court seatleft open by the death of Associate Justice Ruth Bader Ginsburg, he and other Republicans want to secure a reliable conservative majority on the nation’s highest court for many years to come. They have tried to do this in …
Read More »
A Bank of England official said Friday that he thought it “quite likely that additional monetary stimulus will be appropriate” in order for the British central bank to reach its official 2% annual inflation target. Michael Saunders, a member of the BoE’s rate-setting Monetary Policy Committee, said in a speech …
Read More »
New York — It was easy to forget why they were wearing masks. The fourth day of protests against police brutality in the wake of the death of George Floyd in police custody, turned into violence on Sunday night as some protestors broke into luxury downtown stores. These scenes were …
Read More »
MARKETWATCH FRONT PAGE The March lows of the coronavirus crash could still be tested, writes Mark Hulbert. See full story. Ohio governor urges people to wear face masks: ‘This is not about politics’ “This is one time when we truly are all in this together. What we do directly impacts …
Read More »
Older Americans nearing retirement age weren’t exactly in great shape financially when 2020 began, and now the economic tsunami caused by the coronavirus has made their situation even more perilous. When the year began, some 15 million Americans aged 62 and over were living in poverty. That’s now likely to …
Read More »
To the European Central Bank President Christine Lagarde’s relief actions did speak louder than words. The question for investors is whether more action is in store this week. ECB policy makers, who will hold a virtual policy meeting on Thursday, have taken a number of emergency measures since their last …
Read More »
Even in normal times, being an economic forecaster requires a multi-disciplinary approach. Not only do you need to understand the economic relationships, but you have to take all sorts of other variables into account: politics, finance, meteorology, psychology, supply-chain management and more. Add epidemiology to the list, as award-winning forecaster …
Read More »