The U.S. can achieve a lot by reducing inequality.
By Mohamed A. El-Erian
FORTUNE -- In making inequality a topic of Tuesday's State of the Union speech, President Obama did a lot more than address a phenomenon that undermines America's social cohesion and the effectiveness of its political process. He put on the national table an issue that is now attracting the interest of an increasing number of economists: Inequality is MOREJan 29, 2014 10:16 AM ET
Inequality, Obamacare, and immigration will likely make a presence in the President's speech tonight. But the real question is can he restore confidence in his governance?
By Nina Easton, senior editor
FORTUNE -- Tonight at 9 p.m. EST, after a protocol-laden procession, President Obama will step to the podium at the front the House chamber and offer his opinion on the State of the Union to a joint session of Congress. But MOREJan 28, 2014 5:00 AM ET
One of the signs of the weak economy may not be as worrisome as it looks.
FORTUNE -- The big news of Friday's jobs report? Things are looking ugly. Employers added just 74,000 workers in December, the lowest monthly growth in nearly three years.
But the other seemingly terrible news was this:
Takeaway: The economy is doing a better job of pushing people out of the labor force than it is of finding MOREStephen Gandel, senior editor - Jan 10, 2014 2:46 PM ET
The lack of female tech founders is about a lot more than knowing how to hack.
By Poornima Vijayashanker
FORTUNE -- Moore's law, which is really a conjecture, states that the number of transistors on an integrated circuit doubles every two years. It is safe to presume that this doubling effect also doubles processor speeds, because having more transistors on a chip means faster processors.
However, you cannot just cram MOREJan 3, 2014 9:20 AM ET
It's great news for Main Street. Will it be just as good for Wall Street?
By Mohamed A. El-Erian
FORTUNE -- This morning's U.S. employment report is an unusually good one -- in terms of the headline numbers and virtually all of the key components.
Net monthly job creation came in at 203,000, above consensus expectations of 180,000. Importantly, the job additions were broad-based, with virtually all sectors benefiting.
The widely followed unemployment MOREDec 6, 2013 10:30 AM ET
Anyone who thinks October's better-than-expected jobs report will make the central bank taper sooner is ignoring the mess in Washington.
FORTUNE -- The monthly jobs report released Friday was better than expected, but anyone who thinks this means the Federal Reserve will start slowing down its economic stimulus program is probably overlooking Washington's dysfunction.
Recall in October, Uncle Sam was forced to partially shut down its offices and services after Congress stalled MORENin-Hai Tseng, Writer - Nov 8, 2013 11:22 AM ET
Economists at the Fed have come up with a handful of indicators they say are encouraging signs that the jobless rate will continue to fall for the right reasons.
FORTUNE -- As the U.S. unemployment rate falls, skepticism grows about any real improvements in the job market.
The share of jobless workers may have fallen to its lowest level since November 2008, but this comes as millions of unemployed scratch their heads wondering how MORENin-Hai Tseng, Writer - Nov 4, 2013 1:54 PM ET
With the shutdown and holiday hiring, it will be months before we can trust the jobs report again.
FORTUNE -- Employers added 148,000 to their payrolls in September, about 20% less than economists expected and the third smallest monthly increase in the past year. But the unemployment rate dropped to 7.2%, which is the lowest level in nearly five years. And the number of people actively looking for work was MOREStephen Gandel, senior editor - Oct 22, 2013 11:21 AM ET
The Commerce Secretary is happy the government is back open for business but admits there is a lot of work to do.
By Heather Muse
FORTUNE -- When Commerce Secretary Penny Pritzker first took the job that had been vacant for more than a year, she put a sign in her office that said "Open for business." Over the course of the government shutdown, her workers turned that sign over. Today MOREOct 17, 2013 10:20 AM ET
According to a study done by the St. Louis Federal Reserve, companies are hoarding cash because of policy uncertainty.
By Lauren Silva Laughlin
FORTUNE -- How much is Washington dysfunction harming the U.S. economy? Policymakers' disaccord could be doing major behind-the-scenes economic damage. According to economists Juan Sanchez and Emircan Yurdagül at the St Louis Federal Reserve, U.S. companies are hoarding loads of cash specifically because of policy uncertainty. As a MOREOct 14, 2013 2:06 PM ET
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