Cyprus' banks were at the center of last year's rescue deal that shocked savers by seizing their deposits in the country's two biggest lenders
Another serious health risk is linked to erratic work schedules that disturb a person's circadian rhythm
Nick Cohen describes how "diversity" can be used to justify illiberal inequality. I suspect this might be true in another way. What I mean is that there might be less diversity of opinion and character now than there was in...
A European Central Bank paper has weighed in on a big debate among economists in recent years: how much of an effect fiscal belt-tightening has on the economy. The paper was written by a pair of economists–one from the ECB and one from the International Monetary Fund–and concludes that fiscal consolidation does have a damping effect [...]
Morning Money Memo: ABC News’ John Kapetaneas reports: I knew my snack bag felt lighter! PepsiCo’s signature flavored potato chips are packing “an ounce or two” fewer pieces than the regular Lay’s chips, company CEO Hugh Johnston told The Associated Press. That might not seem...
Here is a new indicator that I'm following that appears to be a leading indicator for industrial production.From the American Chemistry Council: U.S. Economic Expansion Being Tempered By Uncertainty in Energy Markets, Shows Leading Economic...Show More Summary
The latest growth figures show the U.K. economy is on track to be one of the fastest-growing major advanced economies this year. Here are the numbers.
Without the total control of Amazon like Facebook's and Google's founders have, he may soon feel shareholder wrath over losses
As any fruit enthusiast knows keeping track of the seasons is important. Looking for strawberries in winter or apples come the summer is bound to result in high prices, poor quality or both. Curiously, new research by Justin Murfin of Yale University and Mitchell Petersen from the Kellogg School of Management, suggests that the same is true of finance.
Singapore’s industrial production for June tells an interesting story. Output grew 0.4%, surprising analysts who expected a contraction. But electronics production continued to fall heavily, by 4.8% on year after a 4% fall in May.
A bigger economy does not always translate into better living standards
BSkyB taking control of sister companies in Italy, Germany; deal gives Rupert Murdoch cash boost to potentially revive bid to buy Time Warner
Dow and S&P futures edge down; investors await next week's release of U.S. GDP, jobs data
Alex Edmans, 25 July 2014 Happy workers might well be more productive than unhappy ones, but high worker satisfaction could also be a sign that workers are overpaid or underworked. This column examines the link between worker satisfaction and future stock returns in 14 countries. Show More Summary
Federal officials have capped how much someone can be fined as part of the Affordable Care Act. Also, Amazon posted a loss of 126 million dollars in the last quarter. Jill Wagner reports on the day's top MoneyWatch headlines.
“If I have seen further”, Isaac Newton once demurred, “it is by standing on the shoulders of Giants”. The process of invention has long been a cumulative one, in which incremental advances are made on previous innovations. However aShow More Summary
The Washington Post gave us another front page moral hand wringer. A round of treatment of Sovaldi, a new and effective drug for treating Hepatitis C, costs $84,000. With three million people suffering from the disease that comes to $250 billion. Show More Summary
The Wall Street Journal’s Daily Report on Global Central Banks for Friday, July 25, 2014. Jon Hilsenrath writes about the challenges that lie ahead for the Fed, including changes to its guidance after its bond program ends in Octobe...
Has the number of American factories finally stopped its long, painful decline? One economist thinks we’re at an inflection point.
For all the caveats about per capita GDP - not something that usually gets much emphasis in the policy debate - this was another good GDP number, following on from the symbolic uprating of UK growth forecasts by the International...