Does the Fed have any weapons still left in it’s arsenal to help the economy? How much will the drought drive up food prices this year? For thoughts on this, as well as how much steam the U.S. Manufacturing boom still has left, check out WNYC’s Money Talking with myself and Joe Nocera.
Offshore tax havens are a hot topic these days – due in no small part to the Obama campaign’s attacks on Mitt Romney’s foreign holdings. But beyond that, governments across the globe are hard up for cash, as the global …
What Beijing needs to spur growth is not greater spending or easy money, but fundamental reform
It’s rare that a United Nations report can engender optimism about anything, let alone America’s finances. But a recently issued (and mostly overlooked) study from the global body’s International Human Dimensions Program might …
You don’t have a real economic recovery until the majority of Americans are participating — and right now they aren’t
As Spanish antiausterity protesters take to the streets, financial markets switch focus from the nation’s messed-up banks to the wobbly state of its finances
Why weren’t the first signs taken more seriously? Has there been a serious failure of regulation, or are there strong mitigating circumstances that could explain and justify the lack of resolute action?
Gasoline prices normally rise in late spring and stay high through the summer, but this year they appear likely to keep falling.
The Labor Department released its monthly Employment Situation Report this morning, announcing that the economy added 80,000 new jobs in June – slightly less than what economists were predicting, and far too small a number to …
State and local borrowing amounts to only a fraction of the national debt, but while the scale may be smaller, the financial crises are much, much closer.