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Jobs Market Convalescence Could Take a Long Time

The U.S. jobs market may finally be on the verge of an actual recovery, but expect it to come back with a whimper rather than a bang. The Labor Department today said the number of people who filed for unemployment insurance last week was just 368,000. That's the lowest number of weekly jobless claims reported by the...

Opinion: Looking for Prosperity? Go North!

When Americans think of Scandinavia, what comes to mind is probably Ikea, breathtaking landscapes and maybe Ingmar Bergman's movies. But what they should do is ask how we can learn from Norway, Denmark, Sweden and Finland when it comes to prosperity. After all, these are among the most prosperous nations on the planet,...

Opinion: The Missing Link in Education Reform

(Dec. 9) -- No longer can we "wait for Superman" to fix America's education system. As politicians, researchers, educators and even filmmakers continue to debate why the United States has dropped to number 25 in educational achievement in the world, the role of high-quality early childhood education in closing America's...

Who Deserves Credit for GM's Revival?

(Nov. 17) -- Punctuating an astonishing turnaround, General Motors will offer its stock to the public Thursday in what could be the biggest IPO in U.S. history. As investors line up to place their bets, it's striking to think that just 16 months ago the automaker was on its deathbed. With that in mind, who deserves credit...

NBA Oligarch Advocates 60-Hour Workweek

(Nov. 7) -- Could hard labor be in the future for the New Jersey Nets? Mikhail Prokhorov, the colorful and unpredictable Russian oligarch who bought the NBA team before last season, hasn't said. But it emerged last week that he's pushing for a 60-hour workweek back home in Russia and fueling the kind of controversy he...