US sanctions announced earlier this month may have triggered the plunge in the lira, but the government has been mismanaging Turkey's economy for years, creating severe vulnerabilities.
Selling a home can trigger capital gains.
Reuters/Mark Blinch
The Trump administration is considering a change to how capital gains taxes are calculated that would save investors roughly $100 billion over a decade.
While many market observers blame growing concerns about inflation for the stock market crash, the real culprit may be fears that the economy is about to slow.
Inflation may be a bull market’s greatest enemy.
AP Photo/Richard Drew
While many market observers blame the growing threat of inflation for the stock market crash, the real culprit may be concerns that the economy is about to slow.
Inflation has been doggedly low, so it’s not clear that the 2.5% expectation for inflation is going to turn out to be right.
Dan Peled/AAP
This week's strong growth in full-time employment shows a robust labour market. This only deepens the puzzle of why inflation is so low at the same time.
Fed Chair Janet Yellen speaks at a press conference following the rate-hike decision.
AP Photo/Susan Walsh
The Federal Reserve lifted rates for the second time this year and expects to do so once more, suggesting it's fairly confident the economic recovery will continue. Is it overconfident?
South Africa's government should urgently announce a moratorium on civil service employment growth. The country has reached its upper limit in the number of civil servants that can be sustained.
Her hands may be folded, but Janet Yellen is far from inactive.
Reuters
My buddy is training for his third Chicago Marathon. I’m preparing for a 10K mud-run. He’s really fit and a family nurse practitioner, so I seek his advice on how to get in shape and what to eat. His advice…
The key indicators of the health of the economy are the unemployment rate, inflation rate and economic growth.
AAP Image/Julian Smith