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economics
Friday, March 7, 2008 | 11:00 AM

Here’s a little something to chew on while you get your income tax files together this season. Median income in the USA is $48,000. Average annual income of the top four hundred taxpayers? Two hundred and fourteen million dollars. Yep. Two hundred and fourteen million. Their share of the nation’s income has doubled since 1995. […]

 
Thursday, March 6, 2008 | 11:00 AM

Despite all evidence, for a lot of Americans, the world — or their sense of it — and the American place in it seems frozen in about 1999. The Soviet Union — vanquished. The American economy — number one, of course. American might and influence — unchallenged. The USA — a master superpower. Scholar Parag […]

 
Tuesday, March 4, 2008 | 11:00 AM

If you want to see the madness and the grisly aftermath of the U.S. housing boom and bust, look at Florida. It’s not alone. Vegas, Phoenix, San Diego, Detroit — they’ve all got horror-story numbers now. But the biggest home price drops in the country were in Miami last year. Empty condos, collapsing values. The […]

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Thursday, February 28, 2008 | 10:00 AM

It is scary out there in the world of economic indicators. Inflation is at its highest rate in a quarter century. Home prices are getting low and lower. Factory orders are lousy. The U.S. dollar is plummeting. It’s no wonder consumer confidence is on the rocks. Never mind recession — some days it sounds like […]

 
Tuesday, February 12, 2008 | 10:00 AM

In China, pork has become so expensive they’re stealing pigs by the truckload. In Kansas, it’s wheat. In Mexico, they’ve got tortilla riots over the cost of corn. In American supermarkets, the price of milk and eggs has soared. All over the world, the price of food is headed up. Sometimes way up. And an […]

 
Wednesday, February 6, 2008 | 11:00 AM

In 1758, Benjamin Franklin published a collection of homey aphorisms that Americans may soon be re-reading around their 2008 kitchen tables. “A penny saved is a penny earned,” wrote Franklin. And “the Borrower is the slave to the Lender.” And “be frugal and be free.” Truth is, old Ben knew how to live high on […]

 
Thursday, January 31, 2008 | 10:00 AM

The travel posters from Kenya are all “Out of Africa” beauty, safari paradise shots and handsome Masai tribesmen with their red robes and spears. And for decades, Kenya was held up as East Africa’s great hope for democracy and development. But in the last month, after a disputed — observers say stolen — presidential election, […]

 
Wednesday, January 30, 2008 | 11:00 AM

From the misty, half-attuned, still-in-the-American-Century shores of the United States, China and India can look like peas in a pod: two rising Asian giants with screaming growth rates and lots of what used to be American jobs. Look closer, and these are very different cats. China is the factory floor and India the back-office, software […]

 
Wednesday, January 23, 2008 | 10:00 AM

In the world’s hyper-ventilating global stock markets, the bleeding has slowed, for the moment. After two days of outright panic on markets in Bombay and Hong Kong and across Europe, the US Federal Reserve Bank jammed through a huge rate cut. President Bush and Henry Paulson and Congressional leaders hustled to a big photo op, […]

 
Thursday, January 10, 2008 | 10:00 AM

OK, here’s the blue economy scenario for 2008. Housing prices keep falling. Credit stays tight. Consumers choke. In retailing, restaurants, travel and more, jobs vanish. In real estate, construction and banking, investment seizes up. Money retreats. Growth is gone. And we’ve got a recession on our hands. For months, economists have debated whether it’s here […]

 
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On Point Blog
On Point Blog
Our Week In The Web: May 01, 2015
Friday, May 1, 2015

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Friday, May 1, 2015

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Your Favorite Musical Memories Of Rain
Wednesday, Apr 22, 2015

When we say ‘rain,’ you say ‘…?’ (Here’s what you really said when we said ‘rain.’)

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