Chinese-style "manipulation" is clearly a disaster. While it has generated 35 years of stunning economic growth, it has also forced rich people around the world to endure a week-long, anxiety-provoking drop in stock prices!
We have had enough of those policies that favor markets and financial institutions to the detriment of the rest of the economy. The Federal Reserve has been waiting too long to correct the current abnormal situation. The IMF is wrong to encourage it to do so.
Now is the time for Democrats to rally and speak in unison about the economic performance under this president, something Republicans orchestrate so well. While not stellar and considering we were on the brink of collapse, Obama's economic performance is praiseworthy.
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Reuters' Charles Levinson has written a must-read investigative report on Wall Street's latest scheme to avoid critically important financial reforms: change a few words in their derivatives contracts and pretend that they are not guaranteeing their overseas affiliates.
Our opponents refer to paid sick days as "fringe benefits," an "extra" handed out by employers when they can afford it. But the reality is, sick time should be a basic part of compensation, a minimum standard that keeps employers from docking workers' pay or kicking them out of a job for being a good parent or following doctor's orders.
Most agree that the work to reinvent New Orleans remains unfinished. That's true, especially because post-Katrina New Orleans is trending back toward its old self -- a sluggish regional economy with high inequality and not enough opportunities for its residents. That was certainly not the vision.
George W. Bush, not Bernie Sanders, is the real "socialist" of our generation, primarily because the economy collapsed under his tenure and as a result, the conservative president began an ongoing program of government stimulus into various industries.
While the classic American Dream is to own everything, cars, homes, luxury items and such, millennials are creating their own version of the American Dream: sharing with access, without owning.
Your Meat-Eating Habit Is Killing More Than Just Cows -- says a new report, which cites the land degradation, pollution and deforestation caused by rising global demand for meat as "likely the leading cause of modern species extinctions."
Average investors who buy mutual funds, insurance policies, annuities and other types of investments work under the assumption that their financial adviser is working in their best interests. This is a false assumption.
Investors didn't like what they saw come Monday morning: The market had dropped more than 1,000 points to start the day after a news-worthy decline last week. China was to blame: A decline in the Chinese stock market and fears of the Chinese economy sparked the sell-off that we watched in horror on our home court of Wall Street.
Mr. Corso has not been proven guilty of anything, and it will likely be up to his lawyer and himself to explain away some very nebulous business tactics, but this time around he won't have the benefit of being a highly-placed mob informant.
Well, given the economic volatility of the world, we are about to see how agile and adaptive Trump is in calming and dealing with people's fears, which flirts with panic as they rubberneck the stock market numbers worldwide.
MILAN, Italy -- It seems natural to ask whether the perceived trajectory of the global economy has shifted downward as much as the movements in the equity markets might seem to suggest. The answer seems clearly to be no.
The basis of future GDP growth rests on a host of assumptions including the condition of the environment, quality of health as well as factors such as population growth and demographics.