The stunning sale of The Washington Post to Amazon.com billionaire Jeff Bezos says something important about the economics of the Post itself, the continuing struggles of the newspaper industry and the market value of some of America’s great metro dailies. A Pew Research Center report provides the numbers that help put the $250 million deal into context.
High on Congress’ long to-do list is deciding what to do about Fannie Mae and Freddie Mac, the two giant government-run companies that dominate the nation’s mortgage market (together they accounted for 78% of all mortgage-backed securities issued in the first quarter of this year). Which is another way of saying, Congress has to decide […]
If new medical treatments could slow the aging process and allow people to live to age 120 and beyond, would you want to? Most Americans say “no” – they would not want a radically extended life span. But roughly two-thirds think that most other people would.
Unemployment continues to be lower among whites than other groups, but job growth is slower compared with blacks and Hispanics -- one reason, perhaps, why whites are the most pessimistic about the economy.
In 2012, 36% of the nation’s young adults ages 18 to 31—the so-called Millennial generation—were living in their parents’ home, the highest share in at least four decades. The number of young adults doing so has risen by 3 million since the start of the start of the recession in 2007, an increase driven by a combination of economic, educational and cultural factors.
The first read on each quarter's GDP growth is eagerly anticipated by economists, forecasters and pundits of all stripes. But those numbers are almost certain to be revised; their true value lies in what they say about the U.S. economy's overall direction.
Despite modestly positive macroeconomic trends, many Americans feel lukewarm or worse about the economy. Five less-common indicators may help explain why.