Brazil’s currency look set to remain relatively stable against the U.S. dollar in coming months after the central bank president, Alexandre Tombini, said late last week that an enormous intervention program will be continued next ye...
What worries me most about the world today, in the last weeks before Christmas and New Year’s Day 2014, is that all the plans we make for our futures and more importantly our children’s futures are DOA.
Sysco will also assume or refinance about $4.7 billion in debt
Lambert here: Anomalies that you see are a consequence of bringing the new site design live. So don't worry. At least not about that.
NHTSA will determine if 52,000 Elantra Touring cars from the 2009 through 2012 model years should be recalled
It's not an in-depth investigation, but they will find out things you'd rather they didn't
NPR used the phrase "massive" stimulus in describing the Fed's quantitative easing policy in its top of the hour news segment on Morning Edition. It is arguable whether the stimulus is "massive." There is certainly a plausible argument...Show More Summary
Tim Duy: Bullard Offers Up The Tiny Taper, by Tim Duy: The employment report put the December taper squarely on the table. But what about inflation? Does low inflation take the December taper off the table? That is the question...
After months of analysis I can objectively conclude that Obamacare is, to ordinary middle-class people, worse than worthless.
On December 6th, WTO members concluded an historic trade agreement on the island of Bali
Although extending unemployment benefits will be costly, doing nothing could have an even worse effect on the economy
The economy is slowly improving. On Thursday the BEA announced its revised estimate of U.S. real GDP. The initial estimate had been that the economy grew at a 2.8% annual rate in Q3, but that has now been revised up to 3.6%. Unfortunately, most of the gain came in the form of more inventory accumulation. Show More Summary
I'm fairly sure that there is a nonzero probability that the ad won't include a preference for expertise in the hopeless CVM: Michael Greenstone, an international leader in energy and environmental economics, has been appointed Professor of Economics and director of the interdisciplinary Energy Policy Institute at Chicago. At EPIC,...
Venezuela's government is setting limits on prices for cars as President Nicolas Maduro tries to close a popular loophole used by savers to guard against the fastest inflation in two decades. Maduro said Monday that he would use new emergency decree powers granted by Congress to enable the government to...
2013 Editor’s Note: The most unnerving aspect to this year ’s holiday music survey is the unavoidable, near-totalitarian presence of an insipid cover version of George Michael’s already-plenty-insipid-for-our-taste-thank-you-very-much...Show More Summary
Austerity was never going to prevent a recovery, but just delay it
Worried about their health and the rising cost of beer, some consumers are cutting back
The death of Nelson Mandela has prompted several lefties to point out that, on apartheid, the Tories were on the wrong side of history - and indeed morality. Why was this? First, let's sharpen the question. Although the apartheid issue...
Signs of U.S. economic recovery offset concerns that the Fed may reduce its monetary stimulus this month