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The article discusses the consumer behavior of the generation known as millennials and states that many millennials favor spending money on travel as opposed to consistent retail spending.

The article discusses the social index known as the Gross National Happiness Index used by the government of Bhutan as a more important measure of progress than the gross domestic product (GDP) as of the early 21st century. According to the article, officials in Bhutan were concerned that the growth rate and development of the economy was coming at the expense of the happiness and quality of life of Bhutan's citizens. The article presents comments from Bhutan prime minister Tshering Tobgay.

The article reports that South Jersey elected officials and the casino industry have criticized the decision of New Jersey Governor Chris Christie to veto a set of bills that sought to help Atlantic City recover from its economic crisis.

The author discusses the economic conditions of the middle class in the Western world during the early 21st century. He argues that the West has become a society of what is called have lesses, particularly since the global financial crisis of 2007-2008, and examines middle class economic frustration with certain elements of capitalism. The author urges a stronger relationship between money and ethics, the preservation of markets, and a renewed significance of the nation-state. He also discusses the economic philosophy of German economist Karl Marx known as Marxism.

The article discusses the economy of New Orleans, Louisiana, a decade following the 2005 natural disaster Hurricane Katrina. It states that the city's population stood at 90 percent of its pre-Katrina level as of late August 2015 and that tourism and entrepreneurship was strong, though U.S. federal government statistics indicated that the economy titled toward low-wage jobs. According to the article, the poverty level in New Orleans remained high and the availability of middle-class jobs was low. The article presents comments from New Orleans restaurant owner Paul McGoey.

The article discusses the potential economic impact of a minimum wage law in Los Angeles, California, on the city's garment industry. According to the article, the minimum wage in Los Angeles is due to increase to $15 per hour in 2020. The article states that contract apparel manufacturer 5 Thread Factory chief executive officer (CEO) Brian Zuckerman indicated that he would not renew a lease for his operations inside Los Angeles. The article presents comments from Los Angeles mayor Eric Garcetti and clothing brand Karen Kane Inc. president Lonnie Kane.

The article states that Greek prime minister Alexis Tsipras requested bailout funds from its eurozone creditors and pledged economic policy changes on July 8, 2015, and describes fears among Greek citizens and pressure on Tsipras. The article states that European leaders were scheduled to meet to decide upon more emergency loans for Greece at a crisis summit scheduled for July 12, 2015. It also states that Greek banks may run out of cash by July 11, 2015.

The article discusses the potential economic impact of a threatened European boycott in 2015 of products produced in Israeli settlements in the West Bank, Golan Heights, and Jordan Valley. According to the article, the organization the European Union (EU) was attempting to enact a measure that would require Israel to label products made in the settlements, and that Israeli prime minister Benjamin Netanyahu would fight any attempted boycotts. The article also discusses efforts being made by Israeli farmers, factory owners, and high technology entrepreneurs to adapt to boycotts.

The article discusses efforts made by officials at European museums and other attractions to implement crowd control measures and extended visiting hours to accommodate an expected increase of U.S. tourists to Europe during summer 2015. According to the article, the expected increase in visitors to landmarks including the Louvre museum in Paris, France, the Expo in Milan, Italy and the Sistine Chapel in Vatican city is attributed to a stronger U.S. dollar and economic airfare and hotel rates.

The article discusses differences in the ratings of the fiscal condition of Chicago, Illinois, by ratings firms Moody's Investors Service and Standard & Poor's Rating Services. According to the article, Moody's lowered Chicago's bonds to junk status in May 2015 while Standard & Poor's Rating Services gave Chicago an A-minus rating. The article discusses the use of utilizing ratings to market bonds and presents comments from Moody's assistant vice president Tom Aaron.

The article states that the European Union (EU) was considering creating a regulator to oversee U.S.-based Internet companies. According to the article, an internal document prepared for EU digital commissioner Günther Oettinger in February 2015 outlined a blueprint for such an agency that would investigate the role of Internet companies such as Google Inc. and Facebook Inc. on the European economy.

The article discusses the impact on people who live near Switzerland's border of a dramatically strengthened Swiss franc relative to the euro. Those who are paid in euros but incur franc-denominated expenses, such as pensioners from other European Union (EU) countries living in Switzerland, have suffered financial hardship. Conversely, growing numbers of Swiss are traveling to other EU countries on purchasing expeditions to take advantage of the stronger franc.

The article discusses how a decline in oil prices is impacting the oil and gas industries, as well as oil services such as the hydraulic fracturing industry. Topics include concern over budget cuts and the possible need for layoffs, how the price drop is expected to improve the U.S. economy and increase consumer spending, and how the economies of states such as Texas and North Dakota which have large oil industries, will be affected.

The article discusses increased lending and corporate profits in the U.S. credit-card industry. Topics include the role of the Card Act on decreased consumer payment delinquency rates, changes to consumer practices in practicing more financial caution, and credit card companies borrowing at near-zero percent interest rates.

The article discusses proposed changes to Hong Kong's local election laws for 2017 by the central government in China, focusing on concerns for Hong Kong's status in the global financial sector. It details reactions by Hong Kong democracy advocates, the Hong Kong legislature, and other Asian financial centers including Tokyo, Japan.

The article discusses the harsh impact on Europeans in their 20s and 30s of weakness in the European economy since 2008. While median income for those over 60 generally rose in the European Union (EU) between 2008 and 2012, for those under 25 it fell in almost half of EU nations. The employment rate for people under 40 in Italy fell during that same period. Younger workers in Italy and Spain often receive short-term, low-wage labor contracts, leaving them vulnerable to layoffs.

The article discusses remarks made on May 8, 2014 by European Central Bank (ECB) President Mario Draghi that were interpreted as meaning the ECB would likely adopt new economic-stimulus measures at its meeting the following month. Draghi also expressed concern about the strength of the euro, which weakened on news of his comments. Draghi has previously indicated the ECB was prepared to act if the inflation rate became too low.

The article examines economic and social conditions in Texas. A dilemma for state and local governments is examined in which rapid population growth, especially in large cities, has created a need for increased investment in infrastructure such as roads and water supplies which is difficult to finance due to the low tax rates of the state which are politically popular.

The article discusses projected returns of over $120 billion to investors from private-equity firms that specialize in buying and selling companies due to profits from investments in 2013. Topics include stock market growth, debt markets accepting offerings from private-equity-owned companies, and private equity firms' need to pay back investors after heavy purchasing prior to the financial crisis of 2008.

The article discusses the success of the Edmond De Rothschild Emerging Bonds Fund and the Trea Capital 3G Opportunity Fund in 2013. Both funds bet on high-risk bonds sold by Argentina's largest province of Buenos Aires, using the flexibility of being small investors to do so as opposed to larger more-traditional investors.

The article discusses the 2013 overall success of investors that bought and held a plain portfolio of U.S. stocks versus those investors that held a wide variety of assets. Financial advisers are faced with the challenge of convincing investors to invest money in under-performing investments, including bonds, and balancing portfolios by going against trends as the market changes.

The article discusses the grim economic circumstances for many people in their late teens and early 20s in the U.S. An economy damaged by the global economic crisis of 2008-2009 is producing few career-type jobs for them. In August 2013 the official unemployment rate for people under 25 was over 15%.

The article reports on slowing economic growth in the developing world as of August 2013 as economic growth shifts towards developed nations. Topics include how economies like Japan, the European Union, and the U.S. have seen more economic growth in 2013, forecasts from the International Monetary Fund (IMF) on global economic expansion, and a report on the economies of BRIC countries Brazil, Russia, India and China.

The article discusses drops in government bonds in European countries in 2013, economic conditions in the European Union (EU), and the euro zone debt crisis. Economic stimulus in Europe, the European Central Bank (ECB), and bonds in Spain and Greece are mentioned, as well as debt to gross domestic product (GDP) ratios, German elections, and economic competition in Europe.

The article reports on whether investors can access the money in their stock portfolios if their investments are holding surplus cash. Topics include why shareholders in technology company Apple are interested in receiving some of the company's 100 billion dollar surplus, why computer company Dell decided to go private, and how companies like Microsoft and Cisco manage their funds in order to avoid payouts.

The article examines how the U.S. Dodd-Frank Act's Volcker Rule, which restricts proprietary trading by commercial banks, will affect investment bank Goldman Sachs in 2013. Topics include how the 2008 financial crisis affected the private equity businesses of banks like Goldman Sachs, Bank of America, and Citigroup, why Goldman Sachs is renaming its private equity firms, and how investment bankers are reassuring investors that they will continue to make money.

The article profiles Neel Kashkari, who oversaw the U.S. Treasury's Troubled Asset Relief Program (TARP) during the U.S. financial crisis in 2009 and has announced his plan to run for public office in California in 2013. Topics include why the Republican Kashkari believes he will win voters in the heavily Democratic state of California, a discussion of Kashkari's plans to fix California's budget crisis, and what he has learned from the widespread unpopularity of TARP.

The article discusses the pricing of apartments at the 15 Central Park West apartment complex in Manhattan, New York City, New York. An overview of the celebrities who reside at the 15 Central Park West address, including the actor Denzel Washington, the Nascar driver Jeff Gordon and the Goldman Sachs Chief Executive Officer (CEO) Lloyd Blankfein, is provided.

The article discusses the financial risk investors face in purchasing corporate bonds from putatively top-rated companies. An overview of the diminishing returns of bond purchases, including the rising of bond prices in relation to their rate of return, is provided. The investment management corporation BlackRock Inc.'s perspective on the financial risk associated with corporate bonds is discussed.

The article reports on the status of multinational companies' investments in Southern Europe as of December 7, 2012. An overview of multinational companies' business closures and employee reductions in Southern Europe, including the German drugmaker Merck KGaA's reduction of 20 percent of its workforce in Spain, is provided.

The article reports on New York Governor Andrew Cuomo's State of the State address held on January 13, 2016 in New York City wherein assemblyman Charles Barron heckled him over his economic and poverty policies.

The article reports on the proposal of legislators in New Jersey to expand the oversight of Atlantic City's budget and administration, hoever local lenders oppose the proposal as they are already under heavy state control as of January 14, 2016.

The article discusses worries about manufacturing and business activity in the U.S. Midwest ahead of the scheduled December 31, 2015, release of the economic indicator the Chicago Business Barometer, also known as the Chicago PMI.

The author reflects on the reasons of decreasing North Korea's economic conditions which include geopolitical shock, the Great North Korean Famine of the 1990s, and several sanctions on the country.

The article focuses on the opportunities for growth for real estate developers at the Kips Bay in Manhattan, New York City, and mentions topics including the shortage of affordable housing, abundance of retail options, and dining establishments.

The article presents insights on the 2015 data released by the Federal Reserve Bank of Dallas which revealed that Texas is enjoying economic and job growth despite the struggling oil and gas industry.

The article reports that rebels in South Sudan recaptured the oil pumping hub of Malakal, South Sudan by forcing government troops to a tactical withdrawal, further weakening the government of South Sudan which is reportedly suffering economic and humanitarian crisis.

The author discusses the prevalence of poverty in the Maryland city of Baltimore, its poor economic growth prospects, and better conditions for minorities such as African Americans in Southern cities such as Atlanta in Georgia and Charlotte in North Carolina.

The author dispels the notion that Germany has driven Greece into economic depression by insisting on austerity and debt repayments, arguing that Greece would have faced greater economic troubles had Germany and the rest of the European Union did not come to its rescue.

The author comments on the need for Europe to implement pro-growth policies to lift the economies in the eurozone out of the secular stagnation.

The article discusses research conducted by economists at Arizona State University which indicates that additional drops in the Colorado River's water level could damage the economies of seven Western U.S. states including California and Utah, focusing on droughts and lost economic activity.

The author argues that Wisconsin needs stronger growth in gross domestic product, maintains that right-to-work legislation would help the state's economy, and expresses disappointment that Governor Scott Walker has not supported a right-to-work bill championed by state senate majority leader Scott Fitzgerald.

The article presents forecasts on stock market volatility for 2015. Topics include market pullbacks in 2014, and conditions in 2015 such as more expensive stocks and less clear conditions; the U.S. Federal Reserve's stance towards interest rates and the continuation of its bond buying program; and the impact of economic conditions in the European Union (EU) and China.

The article reports on the 7.6 percent fall seen in Dubai's DFM General Index on December 11, 2014, which was influenced by the drop in oil prices and the decision of investors to sell their Persian Gulf-related stocks.

The author discusses the amount of debt that the state of Illinois has accrued since 2009, including the debt per Illinois resident according to the statistics firm Statista Inc. and his hope that Republican Governor Bruce Rauner will help end fiscal irresponsibility and economic stagnation in Illinois.

The article focuses on the decrease in Asia-to-Europe freight rates in November of 2014 due to the stagnating economy in the European Union (EU) and Japan's recession.

The article discusses S & P Dow Jones Indices LLC's downgrade of Morocco from an emerging to frontier economic classification, focusing on the performance of the S&P Extended Frontier 150 and the S&P Extended Markets stock price indexes, against the S&P 500 index.

The article discusses Dubai's real estate industry and increases in the sector's share prices in the emirate stock market, prospective initial public offerings (IPOs) of United Arab Emirates (UAE) based companies, speculation on geopolitics and the UAE economy, and foreign investment in UAE market listings.

The author argues that Dan Gilbert, the owner of the Cleveland Cavaliers basketball team, is a leading force behind an effort to revitalize the social and economic conditions in the Midwestern region of America, focusing on a "brain gain" involving educated young people in the Cleveland, Ohio.

The article discusses the threats to economic growth in the Middle East and North Africa, including regional conflicts, high rates of unemployment, and lower oil prices, according to the International Monetary Fund (IMF).