KS.TJOA

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This Nobel Economist Spotted the Last Two Bubbles—Here’s What He Says About the Bond Boom

The economist who wrote about irrational exuberance in stocks and real estate says bonds don't look like a classic bubble. But they're no …

Stock Markets

American Workers Are Fed Up With Stalled Wages

It's been awhile since most American workers have seen a decent raise. And a lot of them are getting fed up.<p>As the government's monthly employment data continue to show a sustained pickup in hiring, the pool of jobless workers on the sidelines — ready to take whatever pay they can get — has been …

Labor Economics

US manufacturing jobs growth up 128% in 2014

The number of US manufacturing jobs increased by 17,000 in December 2014, just above the monthly average for the sector of 16,000 new jobs per month …

Santa Monica

China's October factory growth unexpectedly hits five-month low: official PMI | Reuters

BEIJING (Reuters) - China’s factory activity unexpectedly fell to a five-month low in October as firms fought slowing orders and rising costs in the cooling economy, reinforcing views that the country’s growth outlook is hazy at best.<p>An employee works at the production line of an automobile factory …

Verizon, AT&T Are At It Again With More Data For Less Money

Another month, another promotion. At least for the moment, the nation’s two biggest carriers are lowering the cost of service plans faster than consumers are increasing their appetites for mobile data. While that should leave most of us with little to complain about, the divergence between AT&T and …

Computer-chip security coming to credit cards

ROCHESTER, N.Y. — That familiar swiping motion we make at the checkout is about to go the way of the Walkman.<p>Even if you're not one of the millions able to tap into Apple Pay or Google Wallet, changes in the security measures of traditional payment cards are prompting many merchants to switch to a …

What to watch: Investors love November

The stock market survived a roller coaster ride in October, with stocks finishing the month at record highs.<p>November arrives with a much more investor-friendly reputation, as it's been the Dow Jones industrial average's second-best performing month the past 20 years and kicks off what historically …

U.S. economy shows solid growth, but it's about to be tested

The U.S. economy is showing steady, solid growth despite the shaky global environment, but its resilience will be tested in the coming months.<p>The nation's economic output expanded at a healthy 3.5% annual rate in the third quarter, the government said Thursday, thanks to unusually strong federal …

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GoDaddy

Agents, lenders fill niche as Chinese money floods housing market

When Alisha Chen first got into real estate 10 years ago, she didn't really plan on becoming a gatekeeper for a global housing market.<p>But a housing crash and a flood of Chinese money later, she's part of a growing cottage industry of real estate agents, bankers and attorneys who specialize in …