These days, we’ll take any good news we can get, but is the latest drop in unemployment a sign of a material shift? Simple math says not. If we are to keep the latest report’s pace for new jobs, that’s 120K created in November, it would still take 9 years to get the 13.5MM people without jobs new opportunities. I discussed this and more with Neil Cavuto on Dec 3rd.
Posted in Fox Business, Uncategorized
Tagged 8.6 unemployment, Fox Business, Neil Cavuto
Aspiring entrepreneurs preparing to start businesses will find that savings, credit access, and credit scores matter more than market research and investor presentations
Read my latest story for BusinessWeek
China has a dodgy history for quality control. Regardless, there is a great societal benefit from lowering to cost of certain drugs. For example, A cure for polio was discovered more than 60 years ago, but in parts of the world thousands of people loose their lives to it. It was a lively Power Panel with Democratic strategist Sascha Burns, Boxing promoter Bob Arum, Seventh Capital’s Monica Mehta and an always insightful David Asman.
Posted in Fox Business, Uncategorized, Video
Tagged Bob Arum, Chinese vaccinations, David Asman, Fox Business, Sascha Burns
A tough economy combined with a consumer focused on value combined and technology advances that enable bargain hunting ensures that Black Friday remains a circus for years to come. Retailers try to out-discount each other to get their share of consumer wallets. We discussed this and more on the Power and Money Black Friday special retail show.
Posted in Fox Business, Video
China to ban college majors where 60% of graduates cannot find employment over a two year period. Atleast we won’t be hearing about Chinese sociology majors taking jobs from hardworking American sociology majors. While undoubtedly radical, the story flags a disturbing skills gap we face in America. While 14MM seek employment, 3.2MM jobs go unfilled at an annual economic value of $100B. We discussed this and more on Tuesday’s Power and Money with David Asman.
Posted in Fox Business
Tagged David Asman, Elizabeth MacDonald, Jehmu Greene, Power & Money
Have unions gone too far? Fox Business uncovers a disturbing case in Michigan in which families that receive government assistance to care for handicapped kids at home find their medicare checks to suddenly include union membership dues to SEIU. ‘Power & Money’ host David Asman talks about the effect of forced unionization in Michigan with Seventh Capital’s Monica Mehta, former Clinton advisor Jason Schechter and Tea Party 365 Sirius XM host David Webb.
Posted in Fox Business, Uncategorized
Tagged David Asman Fox Business, David Webb, Jason Schechter, Power and Money
National Retail Federation predicts consumers will be spend less this holiday season. Forecasting declines, retailers get serious with promotions. Discussed this and more yesterday with the always gracious Neil Cavuto on Fox News Your World.
Posted in Uncategorized
CT governor tries to woo businesses and spur job growth with incentives and promises of deregulation, but this comes months after an income tax increase and other new regulations. Too little, too late? Catch a snipet from my conversation with Neil Cavuto.
Is there some good that can come out of the $500B bankruptcy of Solyndra? David Asman of America’s Nightly Scoreboard speaks with finance expert Monica Mehta, public policy commentator Erica Payne and Wall Street Journal reporter Lee Hawkins on what we can learn from this failed government investment.
Posted in Uncategorized
As the recovery limps along, small business owners looking for bank credit and loan officers assessing their applications have their work cut out for them. Read more from my latest story for Bloomberg BusinessWeek.
The Entrepreneurial Instinct (McGraw-Hill, Sept 14 2012)
Monica Mehta is an investor, author and finance expert. She is a frequent contributor for CNN, Fox News, BloombergTV, MSNBC, INC Magazine and Bloomberg BusinessWeek. She is the author of The Entrepreneurial Instinct (McGraw-Hill, Sept 2012)
Monica Mehta 