Category Archives: Economy

Social Media a Key Tool for People Entering Today’s Job Market

Many of today’s college students use social media as their main form of communication, but getting them to use it in a professional manner can sometimes be a challenge, according to Lisa Severy, director of the University of Colorado Boulder Office of Career Services.

With many employers using social media and conducting Google searches as part of their employee screening process, creating a positive and professional online presence can go a long way in helping students land a job out of school, according to Severy. (more…)

Read More

Russia Asks China Not to Clone Su-35 Fighters

Russia was ready to sign a contract with China to supply 48 multi-role Su-35 fighter jets. However, Russia put forward a condition to the Celestial Empire. Moscow demands guarantees that the aircraft will not be further copied for sale.

According to Kommersant, the amount of the expected transaction could reach $4 billion, or approximately $85 million per unit. If the contract is signed, it will be the largest arms contract of the last decade. (more…)

Read More

Ross Levine: Finance and Baseball

In Guardians of Finance, economists Ross Levine, James R. Barth, and Gerard Caprio Jr. argue that the financial meltdown of 2007 to 2009 was no accident — it was negligent homicide. Levine speaks with Deb Baum about how that happened, what can be done, and why the home team always seems to win.

A new book co-authored by Brown University economist Ross Levine argues that the reason the United States suffers financial crises time and time again is because the major regulatory agencies — the so-called “guardians of finance” — do not work for the public. Instead, they frequently work in the best interests of the financial services industry, the very entities they are supposed to be regulating. Guardians of Finance: Making Regulators Work for Us, published in February by MIT Press, goes beyond telling us what went wrong. The authors also suggest reforms needed to prevent the next crisis. (more…)

Read More