America’s Employment Status: Where are the Hours Going?
Affordable Care Act / Economy

America’s Employment Status: Where are the Hours Going?

When asked about how an industry is recovering from a recession, you would probably point to wages or the number of newly hired employees. Would you think to look at the number of hours employees are working? The average weekly hours across industries has varied widely since the Great Recession. Let’s first look at the … Continue reading

Retirement Age and the Social Security Dilemma
Aging / America / Debt / Economy / Labor Force / Social Security

Retirement Age and the Social Security Dilemma

Ever since the members of the U.S Business Roundtable presented their plan to gradually raise the retirement age to seventy last year, the political and economic realm has been on fire with both support and recrimination. This fervor has only intensified after a recently released report by the Congressional Budget Office (CBO) which stated that, holding … Continue reading

Hatch Contends Dynamic Scoring no Magic Elixir
America / Politics / Presidency / Tax / U.S. Senate

Hatch Contends Dynamic Scoring no Magic Elixir

The GOP’s brawl against Obama’s executive actions persists with new postulations made by a Republican leader on Sunday pushing for a government shutdown to prevent Obama from addressing immigration policy with executive order. Despite this individual’s propping open the idea, numerous other Republicans objected to a government shutdown. Oklahoma GOP Representative Tom Cole raised concerns … Continue reading

MetLife Disavows “Systemically Important” Proposal
Economy / Politics / Regulation

MetLife Disavows “Systemically Important” Proposal

MetLife, a nonbank financial company (NFC) and the largest insurer in the U.S., called for a hearing Monday to oppose being labeled “systemically important.”  After the Financial Stability Oversight Council (FSOC), a major financial watchdog, voted in favor of adding MetLife to the list of systemically important financial institutions (SIFIs) in September, the firm hustled … Continue reading

HFT Firms Manipulating NASDAQ
Economy / Regulation / Stock Exchange / Trade

HFT Firms Manipulating NASDAQ

Threatening equity markets, stock manipulation is among the hottest topics for investors today. Michael Lewis, author of Flash Boys: A Wall Street Revolt, describes the U.S. stock market as rigged in favor of High Frequency Trading (HFT) firms.  In a 60 Minutes edition, Lewis stated that these firms are able to “identify your desire to … Continue reading