For all the headlines to the Dow Jones Industrial Average’s new record, you’d think it was a big deal. But experts say it’s time to curb the enthusiasm.
Europe
Why Can’t This Economy Really Get Going?
A host of factors outside of the government’s control will likely hold back the economy for at least another year.
Goodyear’s French Nightmare
US tire company spent five fruitless years trying to cut costs at its Amiens plant and being blocked. Now it’s shutting down the plant altogether, sparking political outrage
Are Today’s Business Leaders Too Afraid of Risk?
During this year’s TIME Davos panel “Leading through Adversity” — video highlights of which you can watch below — TIME International editor Jim Frederick asked some of the world’s biggest players in the global economy a simple question: Are leaders too risk-averse in their efforts to bring the economy back on track?
It’s not an …
6 Reasons the Stock Market Could Do Surprisingly Well in 2013
A slow-growing economy with little inflation can actually be the best environment for blue-chip stocks.
What the Current Economic Outlook Means for American Families
The economy is likely to keep improving, but slow growth could develop into chronic stagnation.
Too European To Fail? New E.U. Banking Safety Net Takes Shape
Creation of euro-zone supervisor for banks is a breakthrough, but agreement contains some big (and small) loopholes
What Mario Monti’s Exit Tells Us About Europe’s Debt Crisis
The ultimate lesson behind the Monti story in Italy is that, in the short to medium term. Europe’s economic health and its debt crisis have not fundamentally improved
How U.S. Firms like Google and Amazon Minimize Their European Taxes
Some tax ‘loopholes’ are legal, but could nonetheless hurt firms’ image with consumers.
Europe’s Crisis Measures Are Working…Sort Of
Recession shows no sign of ending and unemployment is rising, but deficits and labor costs in some the crisis-hit countries are coming down
The Latest Greek Debt Deal: Why This Time Is Different
Even if this latest agreement is far from perfect, it is — amazingly — a positive sign
On Europe’s Thanksgiving Menu: Stiffing Greece
The E.U.’s failure to unblock loans to Athens and U.K.-budget wrangles likely will make for a rancorous summit