The banking sector still faces big challenges, but greater transparency will boost investor confidence and also encourage banks to manage risk better internally.
Economy
U.S. Economy Adds 157,000 Jobs; Revisions in Data Show a Stronger Labor Market
The labor market continued its dogged march forward in January, with the federal government announcing that the U.S. economy added 157,000 jobs in January, and that the unemployment rate basically held steady at 7.9%. This was …
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
The Economics of Immigration: Who Wins, Who Loses and Why
Washington’s focus has shifted to immigration reform this week as a bipartisan group of Senators put forward a comprehensive plan on Monday and President Obama followed with a proposal of his own yesterday. The debate thus far …
The Great Central-Banking Experiment: Will Unlimited Cash Solve Problems or Cause Them?
The Bank of Japan folded as easily as a hot slice of New York pizza. After a few weeks of pounding by newly installed Prime Minister Shinzo Abe, the BOJ’s (officially independent) managers capitulated on Jan. 22 to his demands …
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 …
Four Keys to Decoding the World Economic Forum
As we speak, business leaders and heads of state are gathering in Davos, Switzerland, for their annual dose of brainstorming and cocktail partying. Bloggers have been placing bets on whether the U.S. or hobbled Europe will get …
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.
Why Restaurants Have Been Holding Back on Hiking Menu Prices
As food prices rise, the cost of dining out inevitably inches up as well, right? Well, maybe not.
Lots of Goodies Were Stuffed into the Fiscal Cliff Deal
A host of special interests, from filmmakers to rum distillers, got tax breaks in last week’s fiscal cliff deal.
Is a $1 Trillion Coin a Good Way to Avoid Another Debt-Ceiling Impasse?
The summer of 2011 is not a time any of us would like to revisit, economically speaking. It was during this time that the European Debt Crisis had reached it’s most volatile stage, with many believing that a Greek exit from the …