Economy and Business
The Only Game in Town
The stock market is down. It must be some crazy thing China has done. Those Communist countries just don’t understand how capitalism works. No, wait! The market just went up. Did China fix its capital markets already? Not really. More likely it’s that our Federal...
My Brush with Elon Musk
About five years ago, a close friend of mine and I had an idea for a television news program. As luck would have it, my friend had gone to high school with a guy who, at the time, just happened to be the president of NBC. We arranged to have drinks at a fancy hotel...
The Stock Market Breaks into Cold Sweats
Making America Work for Working People
For millions of working parents like me, the juggling act between our homes and offices gets even more frantic as our kids head back to school. My daughter just started kindergarten. Some days, I’m proud of how my husband and I manage the demands of our jobs while...
Greening America’s Energy Workforce
Oil permeates the whole economy. Even if you telework in a solar-powered home and tote your groceries home by bicycle, the price of petroleum affects what you spend on goods and services. This impact, of course, is uneven. The collapse from $105 per barrel last summer...
Trump’s No Outlier
There are those who would have you believe that Donald Trump is an aberration among Republican presidential contenders — the black sheep uncle who shows up half-drunk at family gatherings, insults the guests, scandalizes the women, and otherwise brings dishonor to the...
Greece’s Crisis Is More Twisted Than Ever
In case you missed it, Greece is in for more turmoil. Greek Prime Minister Alexis Tsipras recently resigned and called for new elections as his party struggles with internal dissent. It's the latest installment in Greece's ongoing battle against harsh debt repayment...
How Not to Give Employees a Raise
Some days, I get an irresistible compulsion to tear out my hair. My latest outbreak was triggered by a New York Times opinion piece by Peter Georgescu, the former chairman of the giant PR outfit Young & Rubicam. He issued a clarion call for his corporate peers to...
Rising CEO Pay Levels
Do the Rich Rule America?
Is America's political system controlled by a small financial elite? One former president thinks so. Almost 40 years after he was elected, former President Jimmy Carter commented recently that our political system is now “an oligarchy with unlimited political...