70 Words
The Friday File: According to a recent Bureau of Labor Statistics study, married full-time working childless women work 8 minutes more a day than their full-time working spouses if you include both office and housework. For similar couples with children…
Read MoreWhile Bernanke undoubtedly wanted to do more in the way of monetary stimulus than he did, yesterday’s Fed’s decision to explicitly commit to keeping rates low through late ’14, was the best he could do in place of another round…
Read MoreThe IMF sees global growth in ’12 slowing to 3.25% from 4% in ’11. It’s because the 17 nation Euro-zone will contract by 0.5% and China’s growth will slow from 9% to 8.2%. Growth here is expected to be 2%;…
Read MoreSince the first of the year, planes landing in or departing from Europe must pay a carbon tax based on the length of the flight, even if the flight does not originate or terminate in Europe. To reduce the tax,…
Read MoreMany individuals needing organ transplants die waiting for a donor. Therefore, nlarging the pool of donors would save lives. But, paying people to donate organs is distasteful as it encourages the poor to sell organs for money. The solution, grant…
Read MoreServer farms need lots of energy to cool servers. In ’10 cooling server farms consumed 1.5% of global electricity, and may jump to as much as 5% by ’17 as internet traffic continues to explode. With this in mind, Google…
Read MoreIf you didn’t predict the housing bust, don’t feel bad, the Fed totally blew it too. Reading just released minutes from the ’06 meetings, is hysterically funny were it not so tragically sad. Bernanke was confident of a soft landing…
Read MoreGreece is adopting severe austerity measures yet is not making enough structural changes to its economy to boost log-run growth to “grow out” of its problems. If Greek growth remains weak, and with Europe in a recession bank on it,…
Read MoreThe Friday File: US album sales rose 3% in ’11, to 458 million; the first rise since ’04. Digital sales are why. They rose 20% (or by 20 million) to 103 million albums while CD sales fell 6% (14 million)…
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