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Articles tagged with: economy

Written By: Maliha Sadiq on July 19, 2010 No Comment
Tight credit is not the biggest concern for small businesses

Small business growth is not picking up despite continued efforts from the government. Owners say a lack of demand, and fears of increased taxes are hampering enterprise and expansion.

Written By: Yan Da on May 20, 2010 No Comment
Book Review: No One Would Listen

The book “No One Would Listen – A True Financial Thriller” is a personal story, written in first person by Harry Markopolos, the whistleblower who discovered Bernie Madoff’s Ponzi game, but couldn’t get anyone to listen to him. The Securities and Exchange Commission, funds that handed billions of dollars to Madoff, and the press all ignored Markopolos’ warnings.

Written By: Charlie Mead on May 20, 2010 No Comment
Book Review: Lords of Finance

Liaquat Ahamed’s Pulitzer Prize-winning “Lords of Finance” weaves international exchange rates, foreign reserves and the inter-war period’s “barbarous relic” – gold – together from the vantage point of four men who directed the fates of millions toward the granddaddy of all economic crises: The Great Depression.

Written By: Sonja Elmquist on May 12, 2010 No Comment
The devil’s in the details

In Richard Bookstaber’s 2007 recounting of every major financial crisis since the 1980s, the details are everything.

Written By: Charlie Mead on May 6, 2010 No Comment
Bernanke tempers economic optimism with lending concerns

Federal Reserve Board Chairman Ben Bernanke spoke Thursday in Chicago. (Charlie Mead/MEDILL)

A year after the Federal Reserve released the results of its bank “stress tests,” Fed Board Chairman Ben Bernanke offered a hopeful, if tepid, economic outlook.

Written By: yewonkang on April 14, 2010 No Comment
Bernanke says economy is recovering, but…

The Fed Chairman Ben Bernanke testifies on Capitol Hill in Washington before the Joint Economic Committee hearing on Wednesday. (AP Photo)

The economy is recovering, just not robustly enough to fuel fast job growth.

Written By: Emily Co on April 5, 2010 No Comment

With a weak economy and high unemployment rates, startups are important to job creation. In fact, if it weren’t for startups, net job creation would be negative, according to a study by the Kauffman Foundation.

Robert E. Litan, vice president of Research and Policy at the Kauffman Foundation, says:

“While some new companies will undoubtedly [...]

Written By: Max Frumes on February 12, 2010 No Comment
Regulation, crisis and the PE/VC conversation

Present-day and next-generation investment industry leaders debated future of funds at the Kellogg School of Management’s private equity and venture capital conference in Chicago, with the conversation returning to value creation.

Written By: KatieRogers on August 26, 2009 No Comment
MMM Poll: You think Obama’s stimulus strategy is failing


Image via Jmtimages/Flickr.com

BY KATIE ROGERS – MEDILL NEWS SERVICE

When we asked you to grade President Obama’s fiscal strategy so far, an overwhelming number — nearly two-thirds — voted for a grade of “F.” A sample of 39 people isn’t a lot to draw conclusive answers from, but with [...]

Written By: meganmollmann on August 12, 2009 No Comment
Federal Reserve says economy is “leveling out”

Flickr.com/David C. Pearson

BY MEGAN MOLLMANN - MEDILL NEWS SERVICE

The stock market is making gains. Housing sales are showing signs of life. And the Federal Open Market Committee is tweaking its rhetoric, saying “economic activity is leveling out” in a statement Wednesday.

Cautioning that the economy is likely to stay weak for some time, the FOMC kept the

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