Econintersect: A study of the impact of extended unemployment benefits has found no measurable affect on the rate at which the unemployed return to work. The implication is that availability of further unemployment benefits does not reduce percentage of the unemployed returning to work. But there other correlations that do imply possible behavioral impacts for the extended benefits.
The study is discussed in a working paper by Henry S. Farber of Princeton University and Robert G. Valletta, Federal Reserve Bank of California.
Fifty percent of American small businesses close up shop within their first year. But in 2011, more establishments opened than closed. All of these factors and more create a competitive environment where longevity is the name of the game and a key to success. So what can you do to ensure your doors stay open? You’ll find the answers in the infographic below.
Total Fed Balance Sheet
Fed's Balance Sheet is a record $3.356 trillion (up from the last week's record $3.311 trillion). The complete balance sheet data and graphical breakdown of the cumulative and weekly changes follows the "read more".
by Felix Richter, Statista.com
Despite the difficulties Apple (NASDAQ:AAPL) has faced as a company in the past six months, the Apple brand remains as strong as ever. That’s according to Millward Brown’s Brandz Top 100 ranking published earlier this week. Millward Brown estimates the implicit value of Apple as a brand at $185 billion, up from $183 billion in 2012. This brand value is 62% greater than the number two brand, making Apple clearly the brand name top dog.
Econintersect: Click Read more >> below graphic to see today's list.
The top of today's reading list has Trang Ho's explanation why gold could drop another 80% ........ and the last article is Felix Salmon's admonition: "Don't Fear the Bubble".