VIDEO: Economic Blue Smoke & Mirrors? You Decide.

Pinning down economist Jared Bernstein is like trying to grab an oiled pig.
Interviewer Jan Helfeld shows how it can be done.

Shikha Dalmia: Don't Mind The Gap

What matters is income mobility, not income inequality. I hate to be the bearer of good news just as the Occupy Wall Street movement is gathering steam, but protesters can stop worrying about rising inequality and go home. New evidence suggests that the super-rich got hit by the recession much harder than the rest of the 99 percent. This doesn’t mean that they  ... MORE 

BLOOMBERG: More Tax Money Wasted On Green Energy

Another taxpayer-backed company goes bankrupt. Beacon Power Corp., an energy- storage company that received $43 million in backing from the U.S. program that supported failed solar-panel maker Solyndra LLC, filed for bankruptcy after struggling to raise private financing. The money-losing company, which makes flywheels that manage energy moving through ... MORE