Business The New Economy

  • The New Economy Apple primed to become your mobile wallet

    Apple has been slowly laying the foundation to become the leader of e-commerce and mobile payments, and all the pieces are just about in place.

  • The New Economy Fed is powerful, but not free of mistakes

    The Federal Reserve, which on Wednesday decided to continue with its tapering program by withdrawing $10 billion of monthly stimulus money, directs US monetary policy with a combination of data and anecdote, quantitative analysis and horse sense. But sometimes the world's most powerful bank gets it wrong, as a new book points out. 

  • The New Economy Unemployment rate falls, but teens get left behind

    Unemployment rate plunged to 6.3 percent in April, but teen employment still lags behind pre-recession levels. Why the high teen unemployment rate? Fewer teens want to work, and the ones who do face increased competition from immigrants, retirement-age workers, and even college and high school graduates. 

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July 25, 2014

Photos of the Day 07/25

A woman carries a child around the fire, where an effigy of the demon Ghantakarna was burned to symbolize the destruction of evil, during the Ghantakarna festival at the ancient city of Bhaktapur, Nepal. According to local folklore, the demon is believed to 'steal' children and women from their homes and localities.

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