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Latest Stagflation Stories

2013-03-19 23:02:52

Reece Freeman, of ChooseWhat.com, introduces why a "Living Wage" makes more sense than "Minimum Wage" for small businesses after President Obama's call to raise the minimum wage to $9 an hour. Austin, TX (PRWEB) March 19, 2013 At this year´s State of the Union address, President Obama laid out a series of plans for the first year of his second term. One of the most controversial ideas introduced was the plan to raise the minimum wage from $7.25 to $9.00 per hour and tie this wage to...

2010-11-03 15:05:00

NEW YORK, Nov. 3, 2010 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: Gold thrives on political and economic uncertainty . . . and we've got plenty of that following the Republican victories this week and the Fed's Wednesday afternoon announcement that it is embarking on another large dose of monetary stimulus. We reiterate our long-term forecast that...

2008-08-15 09:00:31

By Stephen Foley inflation in the United States soared to a 17-year high last month, dealing a blow to hopes that falling commodities prices will quickly take pressure off the American consumer. The rising cost of airline tickets, clothing and even tobacco compounded a high year-on-year increase in petrol and food prices, taking the annual inflation rate to 5.6 per cent, the highest since January 1991 and suggesting that inflation could be taking root in the economy. The month-on-month...

2006-03-20 11:40:53

WASHINGTON (Reuters) - G. William Miller, who served as both chairman of the U.S. Federal Reserve and secretary of the U.S. Treasury during the inflation-plagued Carter administration, has died. Miller, 81, whose tenure at the Fed was one of the shortest on record, died Friday at his home in Washington. Michael Cardozo, a managing director at the firm, said Miller had suffered from a degenerative lung ailment called idiopathic pulmonary fibrosis and was on oxygen at the time of his...


Word of the Day
endocarp
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'kardia,' heart.
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