Recent Posts

The comeback of middle-wage jobs

  One of the economy’s bright spots is the job market — and it may be even brighter than it seems. Not only are there more jobs (1.3 million so far in 2016), but they may be better-paying, according to a new analysis by economists at the Federal Reserve Bank of New York. The Fed economists report that middle-wage workers ...

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Still a lot of negativity on the housing market

  There has been a steady drumbeat of negativity about housing ever since the residential real-estate market crashed. While there are some signs of recovery, psychological damage persists. It has been a few years since we last looked at this issue, so we’re overdue for a revisit. Everyone has to live somewhere, and where and in what kind of housing ...

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The EPA has a chance to make air travel greener

  The Environmental Protection Agency’s intention to limit greenhouse-gas emissions from airplanes may sound like a small thing. U.S. aircraft are responsible for just 3 percent of U.S. carbon dioxide emissions, and 0.5 percent of total emissions worldwide. In the U.S., coal-fired power plants generate almost seven times as much carbon dioxide as planes. But air travel grows by 5 ...

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