The Wall Street Journal’s Daily Report on Global Central Banks for Friday, November 21, 2014. Jon Hilsenrath examines dealers' forecasts for the economy, and what they say about the key conundrum facing the Fed.
According to Black Knight's First Look report for October, the percent of loans delinquent decreased in October compared to September, and declined by 12% year-over-year. Mortgage delinquencies are at the lowest level since NovemberShow More Summary
I'm reluctant to write about immigration reform, given that when the topic of illegal aliens comes up in posts on labor policy, too often there's an upsurge of xenophobic, even racist, comments and a dearth of thoughtful discussion.Show More Summary
Until now, you might only have found foam crossbows in the boys' aisle, but now, companies are trying to keep up with some daring new role models
Graco is recalling 11 models of strollers because a hinge can severely pinch a child's fingers. Also, the government is asking Chrysler to speed up fixing Jeep models that were recalled in 2013. Jill Wagner reports on the day's top MoneyWatch headlines.
Crooks know when consumers are in money-spending mode, and they've got lots of ways to get their share
The Wall Street Journal describes how some private equity firms are attempting to clean up their act by admitting to dubious practices in revised regulatory filings with the SEC. There's a wee problem with this approach. Securities law is not like the Catholic Church, where confession and a promise not to sin again buys you redemption.
The NYT used the reported drop in third quarter GDP as the basis for pronouncing the death of Abenomics in Japan with a piece headlined "with bad economic news for Japan, Abe's magic seems to evaporate." A closer examination of the data...Show More Summary
Prime Minister Shinzo Abe has said Japan's Dec. 14 election will be a referendum on his Abenomics revival program. His problem is that the gains of Abenomics have been concentrated, while the pain has been fairly widespread.
Strategizing for the best deals on gifts means you can't rely on tradition to serve as a guide
Farmers have raised fewer but much heftier hogs, which are yielding hams that are too big for U.S. dinner tables
Here are some insights and strategies that can help you save as much as possible
From a roadside emergency kit to a streaming music subscription, these presents will bring cheer to motorists
Providing more specific guidance on the future path of interest rates than the Bank of England currently offers would be technically difficult and likely to mislead, a member of the Monetary Policy Committee said in a speech published Friday.
The ECB estimated that Eurozone banks would face a capital shortfall of €25 billion in a severe crisis. Earlier work by the authors estimated the shortfall to be 30 times higher. This column argues that this striking divergence can be explained by the ECB’s reliance on static risk-weights.
Economic “miracles” depend to a large degree on the right demographics: having more working-age people than young and old.
UKIP, seeking EU exit, wins second UK parliamentary seat.
It's the decent thing to do: Suffer Little Children, by Paul Krugman, Commentary, NY Times: The Tenement Museum, on the Lower East Side, is one of my favorite places in New York City. It’s a Civil War-vintage building that housed...
Would the economic benefits of devolving full income tax powers to the Scottish Parliament and Welsh Assembly outweigh the costs? Not according to an overwhelming majority of respondents to the monthly survey of the Centre for Macroeconomics (CFM), summarised in this column. Show More Summary
Household debt in South Korea is rising at its fastest pace in seven years, driven by government efforts to help prop up the economy.