Known as tapering
Economy
One Chart That Shows Just How Much Global Stock Markets Are Booming
The World Federation of of Stock Exchanges recently updated it’s monthly measure of stock market capitalization, showing that the total value of equity markets in the 58 countries it tracks has reached an all-time high.
Here’s …
U.S. Stocks Gain Before Tuesday’s Federal Reserve Meeting
Dow Jones rebounds after two-week decline
The Global Economy Is About to Pop!
Unless economists are wrong—which, it turns out, they often are
Budget Deal Is a Tipping Point for the US Economic Recovery
Whisper it—we may be at a tipping point in the US economic recovery. The announcement that U.S. budget negotiators have reached a provisional two-year deal to avert another government shutdown (which had been set to happen, …
When Taking On More Debt Is a (Very) Good Thing
The 2008 financial crisis had many causes, but the underlying theme of the meltdown was that businesses and individuals took on too much debt. Since the bubble burst, the country has been dealing with the problem of casting off …
China’s Economic Reforms Are More Sweeping Than Anybody Realized
But it remains unclear if change will go deep enough to solidify the country’s economic miracle.
Friday’s Jobs Report Will Be a Real Bummer
The question is, what does that mean for the markets and Fed stimulus?
We’re Number Two: Americans Believe China Is Taking Over
Nearly one-third think China has already unseated the U.S. as the world’s economic power
Already Cheap Gas Prices Are About to Hit Rock Bottom
Prices at the pump sometime head in the exact opposite of the trajectory forecast by analysts. But this autumn, gas prices are steadily plummeting, just as predicted, recently hitting a low for the year.
5 Surprising Things You Can Buy With Food Stamps
Reductions in the Supplemental Nutrition Assistance Program (SNAP), otherwise known as food stamps, automatically kick in today as a result of the expiration of provisions the 2009 stimulus bill. Meanwhile, Congressional leaders …
Coporate America’s Hidden Hand in Government Programs
A glitch earlier this month that kept food stamp recipients in 17 states from accessing their benefits drew attention to the role office giant Xerox plays in electronic benefits transfers. Last week, USA Today reported that …