Marilyn Geewax http://wvasfm.org en Economists Say Inflation Is Tame; Consumers Aren't Buying It http://wvasfm.org/post/economists-say-inflation-tame-consumers-arent-buying-it Economists regularly issue reports calling inflation tame or mild, or some other word that suggests consumers shouldn't be feeling much pain.<p>One example: "Inflation has been tame and this is providing households with some relief" from economic stress, according to an assessment done this week by PNC Financial Services.<p>But if you happen to be buying gasoline or groceries, you may not be feeling relieved — at all.<p>"It's kind of hard to even buy milk and bread," said Kimberly Acevedo, a bank teller who was shopping at a Best Market in Harlem. Fri, 11 Jul 2014 11:02:00 +0000 Marilyn Geewax 51246 at http://wvasfm.org Economists Say Inflation Is Tame; Consumers Aren't Buying It Hiring Looks Good Now, But Wage Growth Lags http://wvasfm.org/post/hiring-looking-good-now-wage-growth-lags The unemployment report released Thursday by the Labor Department offered great news for job seekers: <a href="http://www.bls.gov/news.release/empsit.nr0.htm">Hiring boomed</a> in June.<p>That good news helped send stock prices to record levels, with the Dow Jones industrial average crossing the 17,000 mark for the first time to close at 17,068.26, up 92.02.<p>Unfortunately, the jobs report also contained sobering news for people who already have jobs: All of that hiring is not translating into wage hikes. Thu, 03 Jul 2014 20:03:00 +0000 Marilyn Geewax 50837 at http://wvasfm.org Hiring Looks Good Now, But Wage Growth Lags How Many Companies Will Be Touched By Court's Contraception Ruling? http://wvasfm.org/post/how-many-companies-will-be-touched-courts-contraception-ruling When the Supreme Court ruled Monday that "closely held" corporations <a href="file:///C:/Users/aschneider/Documents/My%20Documents/326926331">don't have to pay for workers' contraception</a>, you may have assumed the decision applied only to family-owned businesses.<p>Wrong. Mon, 30 Jun 2014 22:41:00 +0000 Marilyn Geewax 50654 at http://wvasfm.org How Many Companies Will Be Touched By Court's Contraception Ruling? U.K. Loses Big Vote On The Future Of Europe — Now What? http://wvasfm.org/post/uk-loses-big-vote-future-europe-now-what The European Union made history Friday by bringing three of Russia's neighbors — Ukraine, Georgia and Moldova — under its economic tent.<p>The <a href="http://www.npr.org/blogs/thetwo-way/2014/06/27/326076494/ukraine-signs-trade-deal-with-eu-risking-russia-s-ire">eastward expansion</a> of trade agreements will push European influence deep into a region that Russia would like to dominate. Fri, 27 Jun 2014 17:51:00 +0000 Marilyn Geewax 50492 at http://wvasfm.org U.K. Loses Big Vote On The Future Of Europe — Now What? In Flanders Fields, Europeans Still Learning How To Get Along http://wvasfm.org/post/flanders-fields-europeans-still-learning-how-get-along On Thursday, European leaders are gathering in Belgium to mark the 100th anniversary of the start of World War I — the bloodbath that ended millions of European lives.<p>And killed 116,516 U.S. troops. Thu, 26 Jun 2014 11:03:00 +0000 Marilyn Geewax 50390 at http://wvasfm.org In Flanders Fields, Europeans Still Learning How To Get Along Job Outlook Brightens For Graduates, Though Problems Linger http://wvasfm.org/post/job-outlook-brightens-graduates-though-problems-linger Congratulations Class of 2014! You are entering a labor market that offers a record number of paychecks.<p>On Friday, the Labor Department said the U.S. economy now has <a href="http://www.npr.org/blogs/thetwo-way/2014/06/06/319404238/will-the-u-s-finally-gets-past-pre-recession-jobs-total">138.5 million jobs</a>, slightly more than the previous high set in early 2008 — just as the Great Recession was tightening its grip.<p>The post-recession peak came after employers added 217,000 jobs in May. That marked the fourth straight month when payrolls increased by at least 200,000. Sat, 07 Jun 2014 09:46:00 +0000 Marilyn Geewax 49357 at http://wvasfm.org Job Outlook Brightens For Graduates, Though Problems Linger Is Pushing Interest Rates To Less Than Zero A Crazy Idea? http://wvasfm.org/post/pushing-interest-rates-less-zero-crazy-idea By now, you may have heard that on Thursday, the European Central Bank shifted to a <em>negative</em><em> </em>interest-rate policy for deposits.<p>That news may have prompted two thoughts: 1) Isn't that crazy? 2) Who cares what happens in Europe?<p>These questions have answers. But first, some background:<p>The <a href="http://www.ecb.europa.eu/home/html/index.en.html">European Central Bank</a>'s mission is to promote price stability and steady growth. Thu, 05 Jun 2014 22:34:00 +0000 Marilyn Geewax 49286 at http://wvasfm.org Is Pushing Interest Rates To Less Than Zero A Crazy Idea? Regulators And Airlines Fight Over Fares, Fees And Fairness http://wvasfm.org/post/regulators-and-airlines-fight-over-fares-fees-and-fairness This week, the Department of Transportation hit Southwest Airlines with a <a href="http://www.dot.gov/briefing-room/dot-fines-southwest-violating-price-advertising-rule-assesses-additional-penalties">$200,000 fine</a> for touting a fare that did not exist. The carrier had said in a TV ad that customers in Atlanta could fly to New York, Chicago or Los Angeles for just $59. But the bargain fare turned out to be too good to be true.<p>Southwest, which paid a fine for a similar problem last year, says the ad was a mistake. Sat, 31 May 2014 17:22:00 +0000 Marilyn Geewax 49010 at http://wvasfm.org Regulators And Airlines Fight Over Fares, Fees And Fairness The Economy Takes A Dip, But Analysts Look For It To Snap Back http://wvasfm.org/post/economy-takes-dip-analysts-look-it-snap-back The Commerce Department on Thursday <a href="http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm">said the U.S. economy shriveled</a> during the icy winter, contracting at a 1 percent pace.<p>So does that news leave you feeling chilled with disappointment, or revved up for a summer rebound?<p>How consumers and business owners answer may determine the direction of jobs and economic growth for the back half of 2014.<p>Most economists favor the revved-up scenario. Thu, 29 May 2014 20:28:00 +0000 Marilyn Geewax 48892 at http://wvasfm.org The Economy Takes A Dip, But Analysts Look For It To Snap Back It's Geithner Vs. Warren In Battle Of The Bailout http://wvasfm.org/post/its-geithner-vs-warren-battle-bailout The financial crisis of 2008 caused such an enormous upheaval that future historians will long be asking: Who caused it? Who fixed it? Could it have turned out better?<p>Recently, two key players looked back: Former Treasury Secretary Timothy Geithner wrote <em>S</em><em>tress Test, Reflections on Financial Crisis</em><em>,</em> and Massachusetts Sen. Elizabeth Warren wrote <em>A Fighting Chance</em><em>.</em><p>The two reached opposite conclusions. Geithner believes the bank bailout proved its worth. Sun, 25 May 2014 09:29:00 +0000 Marilyn Geewax 48639 at http://wvasfm.org It's Geithner Vs. Warren In Battle Of The Bailout