Low wage growth isn’t just bad for households - it’s also bad for the overall economy. Research shows that increasing wages would take some of the risk out of the housing sector.
Republicans are hoping to eliminate or at least defang the only federal agency tasked solely with protecting consumers from financial abuses. What would we miss if they succeed?
Janet Yellen says another financial crisis is unlikely in our lifetimes.
AAP/ Jim Lo
Instead, we need to burn the entire system of financial regulation to the ground and replace it with something that supports investing the way it’s done today.
The BRICS bloc of states have resolved to establish an alternative credit rating agency to counter western dominance in the financial markets. Will it work?
Growth accelerations in African countries have been short-lived. That might be about to change.
Shutterstock
The risk following recently ended economic booms in Africa is that, due to insufficient planning and excessive optimism, the windfalls were wasted. But there are signs that Africa may be changing.
A number of novels provide links between risk-assessment, financial speculation, and terrorism. But simultaneously, real life terror in 2016 renders writing about it completely and utterly pointless.
Some low income families as part of the study reported not having enough money to feed themselves as well as their children.
Sam Mooy/AAP
Despite worries about a new Asian Financial Crisis, much has changed since the last one in 1997. Even if a crisis were to materialise, it would look quite different from that of two decades ago.
Although the Fed delayed raising rates this month, it has signaled it intends to wean the U.S. economy off its unprecedented monetary stimulus. Now the question is whether Congress will take the handoff.
