Daily Economy News
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Why We’re Still Talking About December Liftoff
The Federal Open Market Committee, the policy making arm of the Federal Reserve, explicitly points out in its October meeting statement that it will assess economic progress to determine whether it will raise the interest rate at its next meeting. The committee chose that language instead of saying “determine how long to maintain this target…
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J. Eric Smith Elected Chairman of AIER Board
J. Eric Smith, a longtime non-profit leader with a passion for helping Americans make better economic and financial decisions, has been elected chairman of the board of the American Institute for Economic Research.
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Despite Weaker Data, Stock Market Optimism
We’ve seen some less-than-stellar data about the economy in recent days, which could point to a softer GDP number on Thursday. Nevertheless, our senior research fellow Bob Hughes says equity markets may already be looking past the weakness.
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Why It’s So Hard to Delay Social Security
Behavioral economists have found that traditional economic models cannot explain what people actually choose to do with their money, including filing for Social Security benefits early – a move that can cost them a lot of money in the long run.
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Seeking Generational Patterns? Don’t Be a Slacker
It is in our nature to try to identify patterns and draw conclusions that are often incomplete or downright incorrect.
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Yahoo Finance Highlights AIER Study
Thanks to MoneyTalksNews and Yahoo Finance for highlighting AIER’s Employment Destinations Index as part of a recent story on work-life balance. The story highlighted Glassdoor.com’s list of top 10 jobs for work-life balance. The list was led by data scientist – which should make our data scientist, Theodore Cangero quite happy to hear. Other top…
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Your Retirement Account Balance May Mislead You
I recently read an article from CNN Money about how much you should have saved at different ages in order to be prepared for retirement. This is a popular topic in the financial media; the problem is that I’m not sure it’s doing anyone much good. In this case, I find the opening lines to…
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Fall Foliage Frames AIER’s Historic Campus
It’s peak leaf season here in Great Barrington, Massachusetts, home of AIER’s historic, 110-acre campus. I shot these photos on a recent series of crisp autumn days.
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Increasing Competition May Curb Restaurant Prices
As consumers gradually show a willingness to spend, the cost of one indulgence – eating out at a restaurant – has been getting more expensive over the last year.
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Why Your 401(k) Differs from Fund Performance
The way that a fund calculates performance is probably quite different from the way that you perceive performance.
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•
Why We’re Still Talking About December Liftoff
The Federal Open Market Committee, the policy making arm of the Federal Reserve, explicitly points out in its October meeting statement that it will assess economic progress to determine whether it will raise the interest rate at its next meeting. The committee chose that language instead of saying “determine how long to maintain this target…
-
•
J. Eric Smith Elected Chairman of AIER Board
J. Eric Smith, a longtime non-profit leader with a passion for helping Americans make better economic and financial decisions, has been elected chairman of the board of the American Institute for Economic Research.
-
•
Despite Weaker Data, Stock Market Optimism
We’ve seen some less-than-stellar data about the economy in recent days, which could point to a softer GDP number on Thursday. Nevertheless, our senior research fellow Bob Hughes says equity markets may already be looking past the weakness.
-
•
Why It’s So Hard to Delay Social Security
Behavioral economists have found that traditional economic models cannot explain what people actually choose to do with their money, including filing for Social Security benefits early – a move that can cost them a lot of money in the long run.
-
•
Seeking Generational Patterns? Don’t Be a Slacker
It is in our nature to try to identify patterns and draw conclusions that are often incomplete or downright incorrect.
-
•
Yahoo Finance Highlights AIER Study
Thanks to MoneyTalksNews and Yahoo Finance for highlighting AIER’s Employment Destinations Index as part of a recent story on work-life balance. The story highlighted Glassdoor.com’s list of top 10 jobs for work-life balance. The list was led by data scientist – which should make our data scientist, Theodore Cangero quite happy to hear. Other top…
-
•
Your Retirement Account Balance May Mislead You
I recently read an article from CNN Money about how much you should have saved at different ages in order to be prepared for retirement. This is a popular topic in the financial media; the problem is that I’m not sure it’s doing anyone much good. In this case, I find the opening lines to…
-
•
Fall Foliage Frames AIER’s Historic Campus
It’s peak leaf season here in Great Barrington, Massachusetts, home of AIER’s historic, 110-acre campus. I shot these photos on a recent series of crisp autumn days.
-
•
Increasing Competition May Curb Restaurant Prices
As consumers gradually show a willingness to spend, the cost of one indulgence – eating out at a restaurant – has been getting more expensive over the last year.
-
•
Why Your 401(k) Differs from Fund Performance
The way that a fund calculates performance is probably quite different from the way that you perceive performance.