Business and Economics Blog

California’s public pensions are in trouble. While the Pew Charitable Trusts reports that California’s current unfunded liabilities are nearly $170 billion, as I recently reported in my chartbook on California’s pension crisis, the crisis is much worse. Valuing the liabilities using a more realistic market...

If your holiday meals include filet mignon, rack of lamb, roast pork, or even charcuterie, you might want to reach for a second helping while you can still afford it. That’s because Oxford University researchers are proposing a tax on meat.  Their goal is to...

It's official. Amazon has announced plans to establish its second headquarters in New York in the Long Island City neighborhood of Queens and Crystal City, Virginia, which is just outside Washington, D.C. I first wrote about Amazon’s search in a blog back when several California...

It’s been a rocky road for the stock market so far in October.  Historically, the financial markets aren’t jittery around mid-term elections.  But rising interest rates, a trade war, the mysterious death of an Arab journalist, and Central Americans on the march toward the U.S....