What Does 2014 Hold for Corporate Profits, Inequality and the Economy?
Friday, January 03, 2014
2013 was a year of soaring stock markets, rising U.S. competitiveness and more jobs for American workers as the unemployment rate dropped to 7 percent, a five-year low. It was also a banner year for corporate profits. This week on Money Talking, Rana Foroohar of Time magazine and Ben White of Politico weigh in on what companies and lawmakers need to do in 2014 to keep the U.S. economy moving in the right direction. Looking ahead, Foroohar talks about how Janet Yellen would likely address unemployment if she is confirmed as the next chairman of the Federal Reserve Bank. White previews the December jobs numbers, which will be released next Friday.