Daniel Gross

Newsweek

Daniel Gross is a columnist for Newsweek.

Daniel Gross appears in the following:

What About the Long-Term Unemployed?

Monday, July 11, 2011

Friday produced another round of ugly job numbers as the country's unemployment rate inched up to 9.2 percent. Yet in Washington, the conversation remains fixed squarely on a compromise to raise the country's debt ceiling. Have lawmakers forgotten about the country's unemployed? And what about the "99'ers," the individuals who have exhausted their 99 weeks of unemployment benefits and are left with no government assistance? Where do they fit into the picture?

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New Jobs Numbers Show Little Growth

Friday, July 08, 2011

New economic data from the federal government show the economy added a paltry 18,000 jobs in June, pushing the unemployment rate back to 9.2 percent. Dan Gross, columnist and finance editor for Yahoo! Finance, gives his analysis of the numbers.

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Defaulting May Not Be A Greek Tragedy

Wednesday, June 29, 2011

Demonstrators continue to protest in the streets of Athens today, amid violence and tear gas. Many Greeks are not happy with their government's upcoming vote on austerity measures, which would mean higher taxes and many spending cuts. If Greece's government does not pass the austerity measures, though, they would be at risk of not receiving a €12 billion bail-out, and becoming the first eurozone country to default.

 

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Was the Auto Bailout Worth the Money?

Friday, June 03, 2011

President Obama will be speaking with workers at a Chrysler plant in Toledo, Ohio, on Friday. The visit comes on the back of a report released showing the government’s $80 billion auto bailout will only cost taxpayers about $14 billion at the end of the day – far less than originally expected. The report also shows the American car industry has created 115,000 jobs since the government stepped in. The president will be selling this as a big success story – but is it?

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New Economic Figures: 'Non-End-of-the-World-Data-Flow'

Friday, November 05, 2010

The Fed yesterday called economic recovery "disappointingly slow," but there may be some optimistic news out today. Unemployment numbers released today place the unemployment rate holding steady at 9.6 percent, but nonfarm payrolls are up 151,000. Yahoo Finance economics editor and columnist Dan Gross deciphers the numbers for us, and tells us about what he calls "non-end-of-the-world-data-flow."

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This Week's Agenda: Obama and the Economy, BP, and the Quran

Monday, September 06, 2010

President Obama is embarking on a week of focusing on the economy. He will visit Milwaukee to address Wisconsin's union workers; Cleveland, where he's expected to give details on his ideas to improve the economy and spark job growth; and back to Washington D.C. for a White House news conference on Friday.

Dan Gross, senior editor and finance expert at Newsweek, says tax breaks to encourage companies to hire will be the main item on Obama's agenda.

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After Financial Overhaul, Obama Hopeful as G-20 Begins

Friday, June 25, 2010

On the heels of the House and Senate deal on financial reform, President Barack Obama is heading to Toronto for the latest G-20 summit. "This weekend in Toronto I hope we can build on this progress by co-ordinating our efforts to promote economic growth, to pursue financial reform and to strengthen the global economy," the president said during a press conference outside the White House this morning.

To give us a breakdown of what will be on the docket at the G-20, we turn to Newsweek and Slate columnist Dan Gross.

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This Week's Agenda: Oil, Jobs, and Terror Suspects

Monday, May 31, 2010

It's Monday, which means it's time to check what's on the agenda this week. Marcus Mabry, associate national editor for The New York Times, and Dan Gross, senior editor and finance expert at Newsweek, look at what's ahead for BP; what unemployment numbers, due out on Friday, will say of the economy; and court hearings for two accused home-grown terrorists, Major Nidal Malik Hasan, the suspected Fort Hood shooter, and Faisal Shahzad, the accused Times Square bomber.

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Financial Overhaul Passes the Senate

Friday, May 21, 2010

After months of debate and attacks from both sides of the aisle, the Senate passed a financial regulatory bill by a 59-39 vote, Thursday. The biggest change in the bill is the creation of an agency whose sole job is to monitor fairness of any product that is bought by the consumer. Next, the Senate and House versions of financial reform have to be reconciled and combined before heading to the president's desk, perhaps as early as the Fourth of July.

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How America Will React to Europe Helping Greece

Thursday, February 11, 2010

Newsweek columnist, Dan Gross, tells us how the European Leaders' agreement to give Greece some debt relief may affect the U.S. markets. Among other things, Gross says it might be good news for Americans traveling overseas.

 

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Unemployment Rate Drops to 9.7%

Friday, February 05, 2010

New numbers out this morning show an unexpected dip in the unemployment rate. The Labor Department put the rate at 9.7 percent for January, down from 10 percent. We get reaction from Newsweek columnist Dan Gross.

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Stocks Tumble as Americans Brace for New Unemployment Figures

Friday, February 05, 2010

As European nations in the Iberian Peninsula fall deeper into debt, the U.S. markets came tumbling down on Thursday, with the Dow Jones Industrial Average closing just above 10,000 points. All this comes hours before new jobless numbers are released.

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Takeouts: Jobs, NFL Wildcards, Listeners on Reid and Race

Monday, January 11, 2010

  • Money Takeout: On Friday we looked at how painful job losses have been in the past two years. Today we ask Dan Gross, senior editor and finance expert at Newsweek, to update us on the jobs gained so far in 2010.
  • Sports Takeouts: Sports contributor Ibrahim Abdul-Matin reviews the NFL's weekend wildcard playoff games.
  • Listeners' Takeout: Responses to stories on airline security, racial profiling, and discussions inspired by Sen. Harry Reid's 2008 comments.

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Takeouts: Economic Exits, Aisle-Jumping Pol, Serena Williams

Wednesday, December 23, 2009

  • Finance Takeout: So far, the federal government and banks have done swift work disentangling public and private interests, following the massive economic rescue effort launched last year. But Newsweek columnist Dan Gross says the Fed's hardest work is just around the corner. Gross says raising interest rates and cutting ties to the housing market are tough but necessary moves to truly get back to business as usual.
  • Politics Takeout: Time Magazine's Jay Newton Small reports on Alabama Rep. Parker Griffith's defection from the Democratic party to the Republican side of the aisle. 
  • Sports Takeout: Our own Ibrahim Abdul-Matin with his second of top ten sports moments of the year: Serena Williams.

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Jobs Summits in DC, Cincinnati and On-Air

Thursday, December 03, 2009

On the eve of the Bureau of Labor Statistic’s release of employment numbers for November, President Obama will host 130 business leaders at the White House today for a "Jobs Summit." The President's summit will include a meeting of the minds between CEOs of large corporations and small business owners; economists, labor union leaders and non-profit groups. Newt Gingrich, in response to the president's summit, announced yesterday that he will hold his own meeting, deeming it the "Real Jobs Summit." So with all the summits, we at The Takeaway decided to hold our own, including Dan Gross, senior editor at Newsweek; Ken Rogers, executive director of Automation Alley in Troy, Mich. (Rogers will be attending President Obama's summit later today); and Dave Thompson, news director for Prairie Public Radio in North Dakota, where unemployment numbers are at a nationwide low.

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Takeouts: Dow Jones High, Steelers vs. Broncos, Listeners on Wall St. Pay

Tuesday, November 10, 2009

  • Money Takeout: Newsweek's Daniel Gross tells us about the Dow Jones Industrial Average's 52-week high, and what it means for the economy as a whole.
  • Sports Takeout: Our own Ibrahim Abdul-Matin gives us a re-cap of Monday Night Football, which pitted the Pittsburgh Steelers, defending Superbowl champs, against the Denver Broncos.
  • Listener Takeout: We hear responses to our conversation about windfalls on Wall Street and the toll troop deployments take on military families.

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Takeouts: Abortion Funding, Listeners on Religion, Healthy Banks?

Tuesday, November 10, 2009

  • Congress Takeout: Todd Zwillich gives us the latest on the continuing wrangling over abortion funding prohibitions in the health care bill passed by the House of Representatives this weekend.
  • Money Takeout: Daniel Gross, senior editor at Newsweek magazine, helps us parse yesterday's Federal Reserve announcement that all but one of the largest U.S. banks has enough capital to weather a continued recession.
  • Listener Takeout: We hear more views on whether or not the media should be focusing so much on the religion of the Fort Hood shooter.

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Takeout: Public Option, Big Banks, Baseball

Monday, October 26, 2009

  • Washington Takeout: The Takeaway's Washington correspondent, Todd Zwillich, tells us about the week ahead in the health care reform debate.
  • Business Takeout: Columnist for Slate and Newsweek Dan Gross gives us a hint at what the government might label "too big to fail" when it comes to banks.
  • Sports Takeout: Takeaway contributor, Ibrahim Abdul-Matin, talks about the Yankees' win in Game 6 of the ALCS.

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Takeouts: Public Option; B2B Comeback; Homelessness

Wednesday, October 21, 2009

  • Washingon Takeout: The Takeaway's Washington correspondent Todd Zwillich gives us his reaction to our discussion with Rep. Henry Waxman (D-Calif.) about the future of the public option in health care reform.
  • Finance Takeout: Newsweek writer Dan Gross joins with a look at the economic recovery of one aspect of the economy — the business-to-business sales market. But is this trend an indicator of an economy in recovery? Or just a small rebound?
  • Listener Takeout: Listeners respond to our conversation on the number of homeless increasing with the poor economy.

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Takeouts: Hoaxes on the Hill, Dollar's Decline, MLB Playoffs

Tuesday, October 20, 2009

  • Washington Takeout: Takeaway Washington correspondent Todd Zwillich describes some of the hoaxes that are making business not-so-usual on Capitol Hill this week. 
  • Business Takeout: Dan Gross, columnist for Slate and Newsweek, explains why the dollar continues to fall against other currencies. 
  • Sports Takeout: Ibrahim Abdul-Matin takes us through two exciting MLB playoff games, both decided in the final inning, and both with a final score of 5–4. 

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