MARK GONGLOFF

BUSINESS
Everybody's Quitting Their Jobs Now
By Mark Gongloff
Quit your job, help the economy. This is basically America now More than 2.7 million Americans, or 2 percent of all workers
BUSINESS
Why Obama And The Democrats Can't Get Any Love For The Economy
By Mark Gongloff
In thinking about 2014, a more telling comparison than 1986 is 1998, when President Bill Clinton enjoyed a great midterm
BUSINESS
Tim Cook Just Changed America In A Way Steve Jobs Never Could
By Mark Gongloff
The thought that the captain of such an enterprise would be openly gay would have been unthinkable, say, 18 years ago, when
BUSINESS
Fed Ends Stimulus Program With Economy Still On Shaky Ground
By Mark Gongloff
The Fed kept pumping stimulus into the economy in one way: It kept its target for a key short-term interest rate near zero
BUSINESS
All The Wealth The Middle Class Accumulated After 1940 Is Gone
By Mark Gongloff
Another important factor has been that incomes have stagnated for most Americans over the past few decades, once adjusted
BUSINESS
Janet Yellen: Rising Income Inequality Could Seriously Harm The U.S. Economy
By Mark Gongloff
The Fed might even have made inequality worse, with stimulus measures that have boosted stock and bond prices, mainly a boon
BUSINESS
Dow Has Its Worst Day In Years Amid Global Market Freakout
By Mark Gongloff
October is a month known for market panics, including the crashes of 1929 and 1987.
BUSINESS
Key Inequality Measure The Highest Since The Great Depression
By Mark Gongloff
This time could always be different, of course. You could argue that there's no bubble today that's nearly as ridiculous
BUSINESS
Germany's Austerity Obsession Could Take Down The Global Economy
By Mark Gongloff
Austerity is the opposite of the gift that keeps on giving: It just keeps taking and taking. Austerity fever -- egged on
BUSINESS
Carl Icahn Asks Apple To Give Shareholders More Money
By Mark Gongloff
Apple shares haven't reacted much to Icahn's latest letter, rising less than 1 percent in pre-market trading on Thursday
BUSINESS
China's Economy Just Overtook The U.S. In One Key Measure
By Mark Gongloff
In terms of sheer size, however -- meaning, not adjusted for costs of living -- the U.S. economy still dwarfs China's, at
BUSINESS
'The Ray Rice Video For The Financial Sector Has Arrived'
By Mark Gongloff
We always pretty much knew that our banking regulators were captured by the industry they regulate, and now we apparently
BUSINESS
Tesla Shareholders Suddenly Realize They May Have Gone Too Far
By Mark Gongloff
CEOs don't typically talk down their stock price, and Tesla's fell about 3 percent the next day. But it promptly bounced
BUSINESS
How The New York Times Overhyped The Benefits Of Fracking
By Mark Gongloff
I'm not suggesting the NYT is making stuff up. It quotes a lot of locals who believe in the transformational power of fracking
BUSINESS
America's 'Job Creators' Would Rather Do Anything But Create Jobs: Survey
By Mark Gongloff
Ever notice how the stock market and corporate profits are at all-time highs, while our wages are flat and roughly half of
BUSINESS
Why You Have Every Right To Demand A Raise, In 1 Chart
By Mark Gongloff
If you ever get to wondering why roughly half of America thinks we're still in a recession five years into the recovery, and
BUSINESS
Europe's Austerity-Fueled Depression Keeps Getting Worse
By Mark Gongloff
U.S. GDP hasn't exactly been gangbusters, but it's at least managed to stay positive (mostly): Europe's unemployment rate
TECH
Kim Kardashian Did Not Just Kill Candy Crush
By Mark Gongloff
Exhibit A: Look at how the air started hissing out of the Candy Crush bubble a year ago: If the stock price is for shit, you
BUSINESS
Why Half Of America Thinks We're Still In A Recession
By Mark Gongloff
The new NBC/WSJ poll has a chart that helps illustrate why this might be: Despite record levels of hiring and record highs
BUSINESS
Why A Higher Unemployment Rate Is Actually Good News This Time
By Mark Gongloff
Here's why: Technically speaking, unemployment is the percentage of people in the "labor force" who don't have a job. To
BUSINESS
Billionaire Republican Donor Pushes Argentina Into Default
By Mark Gongloff
The Fabio (Source: Giphy) Some of the blame for this is arguably Argentina's. Maybe it should have weighed its disgust with
BUSINESS
Why Everybody Is Mad At Rich People
By Mark Gongloff
And looking at the slightly longer term, over the past decade, median household wealth is down 36 percent, while the household
BUSINESS
'Patriotic' Big Banks Profit Helping U.S. Companies Dodge Taxes
By Mark Gongloff
I dare say that Jamie Dimon might not be exactly as patriotic as anyone, like, say, a soldier holding it down at a forward
BUSINESS
What Your Chipotle Burrito Is Trying To Tell You About The Economy
By Mark Gongloff
Have you recently eaten a Chipotle burrito in front of the TV while binge-watching one of your shows on Netflix? Maybe? Probably
BUSINESS
Tech Company That May Not Exist Is Worth $5 Billion
By Mark Gongloff
As Business Insider points out, the company warned the Securities and Exchange Commission in March that it wouldn't be able
BUSINESS
Maybe Obamacare Didn't Save The U.S. Economy After All
By Mark Gongloff
Young also pointed out that the long-term trajectory of health-care spending should be higher, anyway, given an improving
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