Nonprofits

Hero worship

In his 1889 essay, “The Gospel of Wealth,” Andrew Carnegie gave what is considered to be the first public airing of the idea that the rich have a moral duty to return wealth to the community. That and his subsequent deeds are credited with giving rise to modern philanthropy. On the occasion of the first …

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The Economic Forecast: U.S. and Pittsburgh to Expand

For 2006, the U.S. economy’s prospects remain favorable, along with those of Asia, North America and, to a lesser extent, Europe. One key assumption underlying our sanguine global economic outlook is that crude oil prices will fluctuate within a $45 to $70 per barrel range, but average close to $55 per barrel in 2006, down …

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