Dysfunctional politics, both in Washington and in Europe, is spooking markets worldwide. While perhaps not as dangerous as the economic dysfunction of 2008, it is still a concern.
Created in 2002 by billionaire philanthropist Eli Broad, the Broad Superintendents Academy has come under fire by critics who say that it is hostile to teachers. Defenders of the program say that its fellows graduate with a variety of viewpoints.
The modest recovery in the US economy since 2009 has been marked by tepid job creation – a trend that needs to change if the nation is to return to the kind of low unemployment rates that prevailed before the recession. But how to do that? In one of the most detailed efforts the address that question, the McKinsey Global Institute put out a set of recommendations on how to create 21 million new jobs by 2020, bringing unemployment down to 5 percent. Here's a look at the institute's core proposals:
The economy is 'not growing fast enough yet,' Obama acknowledged Friday, speaking to GE workers in Schenectady, N.Y. Will GE's CEO, Jeffrey Immelt, prove to be his guide to building a more competitive America?
America has made the climate as comfortable as possible for CEOs, who have repaid the favor by creating more and more jobs – in other countries.
It's easy to understand the anti-Fed attitudes and nativism of tea party supporters: economic fears drive people to scapegoat institutions and outsiders. But why aren't business leaders responding?
America has two kinds of big business: those who need American consumers, and those who don't. The more a company globalizes, the more cavalier it becomes about American jobs and infrastructure.