Unemployment rate still fell to five-year low
economy
3 Things I’ve Learned At Davos So Far
Here’s my big picture Davos takeaways so far:
$2.8 Trillion in Unspent Cash Could Slow Global Economic Recovery
And just a few hundred corporations are holding the lion’s share of the stash
Canada Has Its Own Housing Bubble—And It’s About to Burst
Ever since the real estate bubble burst in the United States in 2007, observers have pointed to Canada as an example of a well-regulated financial system that has avoided many of the regulatory mistakes that helped lead to an …
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
S&P Says Government Shutdown Cost U.S. Economy $24 Billion
That’s $1.5 billion per day
Chinese Economy Shows Signs of Recovery
Figures for August show that inflation remains subdued, while exports rise more than expected
Japan: Economy is ‘Recovering Moderately’
Japan’s central bank upgrades its assessment of the economy
Davos: Mario Draghi, The Man Who Would Save Europe
There is one reality for bankers, another for the rest of us. That is the lesson most easily drawn from the Jan. 10 press conference of the European Central Bank (ECB). Just hours earlier, Greece had released its latest labor …
The Recession in Pictures: America Copes with a Stagnant Economy
Economist Kenneth Rogoff says we shouldn’t call what happened to America in 2008 and 2009 a “Great Recession,” because it understates the true nature of the crisis. Recessions are frequent events from which we can quickly …
Tackling the Myth of Indian Inefficiency (Sort Of)
India may still lag China in infrastructure and bureaucratic competence, but the South Asian giant is catching up fast
Can Japan Change?
Japanese have watched their economy sink for two decades. Are they finally getting angry?