Submitted by Econbrowser
New bankruptcies as consumer sentiment deteriorates.
Market Watch reports that the University of Michigan/Reuters index of consumer sentiment fell to 63.2 in April. It’s been below the trough reached in the last recession for some time now, and today’s number brings it slightly below the lowest value in the previous (1990-91) recession as well. […]

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Submitted by CARPE DIEM
According to U.S. antitrust laws:
These very simple guidelines, you can rely upon: You’re gouging on your prices if you charge more than the rest. But it’s unfair competition if you think you can charge less! A second point that we would make to help avoid confusion… Don’t try to charge the same […]

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Submitted by The Capital Spectator
Today’s update on import prices once again paints a troubling picture on pricing pressures.
Import prices jumped 2.8% last month, the U.S. Labor Department reports. That’s the highest since last December’s unnerving 3.2% spike. More troubling is the fact that the 2.8% rise in March is in the upper range for monthly […]

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Submitted by CARPE DIEM

THE ECONOMIST–Consider the annual April Fool’s joke played on applicants for H1B visas, which allow companies to sponsor highly-educated foreigners to work in America for three years or so. The powers-that-be have set the number of visas so low—at 85,000—that the annual allotment is taken up as soon as applications open on […]

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Submitted by CARPE DIEM
TIMES ONLINE–Scientists at IBM say they have developed a new type of digital storage which would enable a device such as an MP3 player to store about half a million songs - or 3,500 films - and cost far less to produce. In a paper published in the current issue of Science, […]

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Submitted by CARPE DIEM

WASHINGTON, D.C. — The American LegislativeExchange Council (ALEC) released its 14th edition of the Report Card on American Education: A State-by-State Analysis, which covers the schoolyears 1985-1986 thru 2006-2007. This comprehensive guide ranks the educational performance of the school systems in the states and the District of Columbia with Minnesota placing first […]

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Submitted by EconWeekly
By popular demand, I improved and expanded the notes I published a couple of weeks ago about the new tools of the Federal Reserve. I have added instruments that are not in place yet but the Fed considers using. I have ended up with a very long post, so I have broken it […]

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Submitted by CARPE DIEM
t’s a few years old, but here’s an interesting article from July 2006 in the Chronicle of Higher Education by UC-Berkeley blogger/professor/economist J. Bradford Delong, as part of a Chronicle series on the topic “Can Blogging Derail Your Career?”:

The hope of all of us who blog is that we will become smarter, […]

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