Peter Morici



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Stocks Soar, Unemployment Rises, Dollar Slumps

Peter Morici submits: Stocks are soaring, yet unemployment surges and the dollar slumps. A contradiction made possible by Washington’s neglect of international challenges to U.S. growth. Complete Story »

3Vote!

Is Fritz right man for top job at GM?

At the new GM, the buck now stops with the board. The surprise decision by General Motors Co to drop a plan supported by Chief Executive Fritz Henderson to sell the company's Opel unit has raised new questions about the standing of the veteran GM insider after just six months on the job. "It isn't clear who is running GM," said Peter Morici, a professor at the Robert H. Smith...

4Vote!

Jobless Rate Hits 10.2%

... but job losses should have abated by now even if a lot of new jobs are not being added," says Peter Morici, professor at the Smith School of Business at the University of Maryland.Report Has Some Bright SpotsOngoing cuts indicate that the U.S. job market could threaten economic recovery, some economists say. "This recovery is shaping up to be a jobless one, just like the last two,"...

3Vote!

After Opel reversal, GM CEO in spotlight

By James B. KelleherDETROIT (Reuters) - At the new GM, the buck now stops with the board.The surprise decision by General Motors Co to drop a plan supported by Chief Executive Fritz Henderson to sell the company's Opel unit has raised new questions about the standing of the veteran GM insider after just six months on the job."It isn't clear who is running GM," said Peter Morici, a professor...