The rise of superstar companies that dominate their industries may be partly to blame for the lack of wage growth in the US in recent years. It could also suggest a solution.
The value of Argentina’s peso has plummeted in recent months.
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It’s been 10 years since the U.S. signed into law a scheme to print money, essentially, and save the financial sector amid the sub-prime mortgage meltdown. Did it work? And who’s truly benefitted?
Central banks have been struggling to achieve their targets.
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President Trump has been attacking the Fed’s current policy of slowly raising interest rates. A former central bank official explains why that’s so troubling.
A bad interest rate can make your new car a lot more costly.
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Most of us bargain hunt when shopping for a new blouse or pair of blue jeans, yet for some reason we don’t with interest rates, potentially costing us thousands of dollars.
An ice sculpture titled ‘Main Street Meltdown’ melts near Wall Street.
AP Photo/Frank Franklin II
The collapse of an obscure corner of the financial market a decade ago foreshadowed the Great Recession. The stock-market swoon in February should offer a similar warning.
Even the big, bad Wall Street bull is scared of inflation.
AP Photo/Richard Drew
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.
The Australian Bureau of Statistics has changed what goes into its inflation calculation.
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The chair of the Federal Reserve is often considered the world’s ‘second-most-powerful person.’ So who is Jerome Powell and why does it matter that he may soon head the Fed?
The US Federal Reserve is unwinding its bond buying program.
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Randal Quarles, the president’s first nominee to the Federal Reserve’s board of governors, has argued the bank should use rules to make decisions. But could such a shift prove disastrous in a crisis?
Janet Yellen says another financial crisis is unlikely in our lifetimes.
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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?
if you like to drink (or sell) German beer, higher rates are a wonderful thing.
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