Archive for October 15th, 2017

Ben Bernanke is worried and perhaps we should be, too.
As chairman of the Federal Reserve from 2006 to 2014, it was Bernanke, along with others, who prevented the worst recession since World War II from becoming the Great Depression 2.0. Now he fears that, should another sharp recession occur, the Fed wont be able to contain it.
Traditionally, the Fed has sought to influence the economy by changing short-term interest rates. If a recession looms, the Fed cuts the fed funds rate to stimulate demand. If the danger is inflation, the Fed raises the rate to relieve wage and…

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Fears of AI seem to be everywhere. One of its favorite hang-outs is Amazon.com, where several books such as Martin Fords Rise of the Robots predict the end of work. They follow a well-tread path. Twenty-two years ago, Jeremy Rifkin wrote The End of Work. Almost immediately, we entered one of the greatest periods of job creation in history. The end of work is something we never have to fear. We won’t run out of it until we run out of things we want.
Jobs are just tasks we carry out to produce and obtain the things we desire. We will never run out of consumer desires, no matter how…

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<p>Andrew Lopas' plans to bring his marijuana business out of the black market with a legal, profitable and organic pot farm went up in smoke in the wildfires that have scorched Santa Rosa, California.</p>

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After years of relying on a no-frills lobbying operation, Amazon is spreading its message far and wide in the nation’s capital.

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It feels like nothing is safe from Amazon. On Friday (Oct. 13) Bloomberg reported that Amazon was getting into sportswear. The company signed on a…

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US banks are stepping up anti-fraud controls after the data breach at credit checking group Equifax put about half the country’s population at risk of identity theft.&nbsp;

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Understanding the program’s finer points might help increase your retirement income.

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The wildfire disaster in California could bring fiscal pain for years to come to local communities in the path of the devastation.

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Las Vegas' tourism sector is bracing for changes in the aftermath of the massacre that killed 58 people at an outdoor music festival.

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<p>President Donald Trump's decision to overhaul America's policy with Iran raises a lot of questions for companies that have been trying to make inroads to do business in Ir</p>

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The National Flood Insurance Program hampers recovery after disasters like Hurricanes Harvey and Irma.

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<p>Sports Illustrated once estimated that 78 percent of NFL players end up broke or under financial stress after they retire. In an interview with NerdWallet, Owens and his friend Eric Dickerson, the Hall of Fame running back most famous for his time with the Los Angeles Rams, talked about their experiences and what young athletes should know about building a solid financial future.</p>

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