Since the recession, the value of derivatives outstanding has grown, and they remain very risky with the potential for large, unpredictable losses.
With workers around the world burdened by joblessness and stagnant incomes, Marx’s critique that capitalism is inherently unjust and self-destructive cannot be so easily dismissed
A stronger dollar could be a bellwether of an improving economy and a brighter outlook for U.S. stocks.
Economic policies that look like the start of a trade war are really aimed at addressing domestic economic problems.
A host of factors outside of the government’s control will likely hold back the economy for at least another year.
The resolution of the Fiscal Cliff will probably no solve much, while little attention is paid to the real economic problems.
Bailouts and easy money won’t be able to resolve the structural problems of the euro zone, and increasing austerity won’t fix things either.
ECB plan to buy sovereign bonds of euro nations under market attack marks significant shift in policy
It’s been five years since the 2008 financial crisis upended the global economy, and while corporate profits and national output have recovered, there are still 4.7 million fewer private sector jobs than at the beginning of the …
Giving Europe’s bailout fund a banking license would provide massive firepower to help flailing states, but proposal must first overcome deep German skepticism
Each postponement of financial disaster in the euro zone seems likely to last for a shorter time, and the U.S. won’t be able to escape the fallout indefinitely