4% unemployment might be
the new 5% unemployment

In other words, the current unemployment rate of 5.3 percent isn’t as good as it seems.

    Latest News

    Small business hiring stays strong in June

    Small business hiring stays strong in June

    Small business hiring remains a bright spot for the economy, according to new data by payroll processor ADP.

    Greek finance chief vows to resign if voters back European bailout demands

    Greek finance chief vows to resign if voters back European bailout demands

    The comment is the clearest sign to date that the government's future is on the line in Sunday’s referendum.

    Main Street Morning: Facebook tweaks its logo for the first time in a decade

    Main Street Morning: Facebook tweaks its logo for the first time in a decade

    Our rundown of news affecting start-ups and small businesses.

    Mortgage rates move higher ahead of holiday weekend

    Mortgage rates move higher ahead of holiday weekend

    The 30-year fixed-rate average reached its highest level of the year, rising to 4.08 percent.

    In Puerto Rico, deepening doubt and confusion about what comes next

    In Puerto Rico, deepening doubt and confusion about what comes next

    Puerto Rico’s economic problems have plagued residents for years, driving an exodus from the island.

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    The 7 greatest pivots in tech history

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    Michelle Singletary

    Michelle Singletary

    Teenage driver needs a payment plan for the damage done

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    Barry Ritholtz

    Barry Ritholtz

    You’re only human: An economist explains how it hurts your portfolio

    As Richard Thaler explains, investors behave against their own interests — but you can outsmart your brain

    Rodney Brooks

    Rodney Brooks

    What age is best to start drawing Social Security benefits? Truth is, it depends.

    Waiting till 70 is often advised due to longer life spans, but sometimes starting sooner makes most sense.

    Allan Sloan

    Allan Sloan

    A strong dollar cuts U.S. firms’ value but makes them look more profitable

    In the strange world of accounting, the currency’s strength is slicing both ways for American companies.

    Thomas Heath

    Thomas Heath

    The Boland family has a pretty hot — and sticky — business

    The family that brought A/C to Washington wants to manage your energy, too.

    Market News

    US stocks lower after mixed US job report, new Greek fears

    US stocks lower after mixed US job report, new Greek fears

    U.S. stocks fell in afternoon trading Thursday following the release of a mixed report on the U.S. job market and news that Greek finances are deteriorating as a Sunday referendum on terms of an international bailout nears. While U.S. payrolls grew overall, many people gave up looking for work and wage growth stalled. Investors drove bond prices up in a bet that the Federal Reserve will be in no hurry to raise interest rates soon.

    Wonkblog

    4% unemployment might be
    the new 5% unemployment

    4% unemployment might be <br>the new 5% unemployment

    In other words, the current unemployment rate of 5.3 percent isn’t as good as it seems.

    U.S. added 223,000 jobs in June; jobless rate fell to 5.3%

    U.S. added 223,000 jobs in June; jobless rate fell to 5.3%

    The report comes as the U.S. appeared to brush off an early-year slowdown that stemmed in part from a port strike, a strong dollar and a nasty winter.

    How Seattle is upending everything we think about how cops do their job

    How Seattle is upending everything we think about how cops do their job

    Seattle’s cops are embracing the philosophy of ‘hug-a-thug’

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    On Leadership

    Of summer’s 35 expected blockbusters, only two are directed by women

    Of summer’s 35 expected blockbusters, only two are directed by women

    The number of women directing Hollywood’s biggest films, already low, has gotten even worse in recent years.

    Katy Perry: ‘There is no shame in being a boss’

    Katy Perry: ‘There is no shame in being a boss’

    Looking for a little professional inspiration?

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    Get There

    The secret to higher credit scores: Start in kindergarten

    The secret to higher credit scores: Start in kindergarten

    Young people will establish better money habits if the lessons start early and if they have actual cash in hand, an advisory council finds.

    How ordinary bond investors would be hurt by a default in Puerto Rico

    How ordinary bond investors would be hurt by a default in Puerto Rico

    Most fund firms have been scaling back from Puerto Rican bonds but some managers are making big bets. Retail investors should know where they stand.

    The Switch

    Corrupt federal agent pleads guilty to using investigation of online drug market for own gain

    Corrupt federal agent pleads guilty to using investigation of online drug market for own gain

    Former DEA agent who investigated Silk Road pleads guilty to extortion, money laundering and obstruction of justice.

    Why the next Russian space mission is suddenly so critical

    Why the next Russian space mission is suddenly so critical

    After three recent failed attempts to resupply the International Space Station, a Russian spacecraft is set to try again Friday.

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