Dan Gross

Today's May jobs report shows a slowing recovery and a rise in unemployment to 8.2% Dan Gross, columnist and economics editor at Yahoo! Finance, discusses the report, and how the US is trying to rework its economy for future success. His new book is Better, Stronger, Faster: The Myth of American Decline . . . and the Rise of a New Economy.

More and more college graduates cannot find a job in the field marked on their degree. But student loans won't wait, so many resort to working in the service industry at places like Walmart and Starbucks just to stay financially afloat. How long will this generation of college-education blue collar workers wait for the jobs they want?

Hear excerpts from President Obama's SOTU speech last night and call in with your reactions. Plus Dan Gross, columnist and economics editor at Yahoo! Finance reports on reactions to the President's Multinational Corporation tax proposals, and Occupy Wall Street organizer Justin Wedes reacts on the themes of inequality in the President's speech. 

What do Sony Pictures, A&W Restaurants, Saab, American Apparel, Sears, Kellogg's Corn Pops, MySpace, Soap Opera Digest, and Nokia have in common? They’re ten brands that 24/7 Wall St, a Delaware-based financial news group, says won’t survive through 2012. And it looks like some of those predictions might already be coming true — on Tuesday, Sears announced it will close more than 100 stores after lackluster holiday sales.

Dan Gross, columnist and economics editor at Yahoo! Finance, looks at the improving picture in national housing data.

Dan Gross, columnist and economics editor for Yahoo! Finance, explains the concept of debt ceilings and their political significance.

Last week, New York Times Wall Street and finance reporter Louise Story explained how the Federal Reserve's new economic recovery plan, known as "quantitative easing," works. Story explained that the process is intended to effectively lower already-low interest rates, making it cheaper for banks to borrow money. But how will this impact ordinary, middle-class Americans?

Dan Gross, columnist and economic editor at Yahoo Finance, and Stephen Moore, senior economics writer for the Wall Street Journal and author of The End of Prosperity debate the pros and cons of the federal stimulus package.  

The 9.5 percent unemployment rate does not count a huge number of Americans: People who are out of a job and have given up looking. With millions of people out of work and competing with each other for the small percentage of open jobs, it makes sense that a significant portion will call it quits – at least for the time being – and cease searching for employment all together.

If you're unemployed but not looking for work, tell us: At what point did you stop looking for a job?

The commerce department revised growth figures for 2007 - 2009, taking down the numbers and essentially showing that the economy performed more poorly than was thought. The economy shrank at a rate of 2.6 percent last year; this is the steepest drop since 1956. On Wall Street, stock futures fell in the wake of this report.

Dan Gross, columnist for Newsweek and Slate says that there's a dichotomy. Things associated with business, industry, and global industry are strong, while anything tied to the consumer is weak. Personal consumption is only rising at 1.6 precent rate.

The Senate is scheduled to vote today on whether to begin work on the finance regulatory overhaul bill, which President Obama promoted in New York last week. If Democrats have their way, the Senate will proceed to a debate on the bill, which is sponsored by Sen. Chris Dodd. Otherwise, the bill, S.3217, will stall and require more negotiations.

 

CNBC pundit Jim Cramer and The Daily Show's Jon Stewart are publicly feuding. Diane Brady, senior editor at BusinessWeek, and Dan Gross, senior editor at Newsweek, talk about the back-and-forth -- and whether it's good for journalism.

Find out how Hollywood has portrayed the financial industry over the years—through boom and bust cycles. We’ll talk to Time magazine film critic Richard Corliss and Senior Editor for Newsweek magazineDan Gross.

You can watch the films we’ve selected and weigh in on the conversation by posting your reactions below.

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Nomi Prins senior fellow at Demos, former investment banker and author of piece on the Trouble Assets Relief Program in this week's The Nation Magazine, and Dan Gross senior editor at Newsweek, who has covered TARP's implementation, assess whether the Wall Street bailout is ...