The Federal Reserve decided to slow its pace of bond-buying, potentially the beginning of the end of a program that’s been supporting the economy since March 2020.
Abandoned US oil and gas wells and their associated land cover more than 2 million acres, a recent study estimates – an area larger than Delaware and Rhode Island combined.
Many Americans have been unable to pay their electric bills during the COVID-19 pandemic, racking up billions of dollars in delinquent bills. Where will the money come from?
The IMF loan does not impose any conditions over and above what is in South African law on how the funds can be used; it only seems to expect the country to implement policies already announced.
A large part of the debt the Indonesian government is taking on to fight the COVID-19 pandemic is as a 50-year loan in US dollars. That could create a big problem in coming decades.
Canada’s federal deficit has ballooned as Ottawa spends billions in response to the coronavirus pandemic. An economist explains why the massive spending will not harm Canadians in the future.
Several presidential hopefuls have offered proposals to close the racial wealth gap, from baby bonds to reparations. A simulation suggests policies short of direct aid to blacks won’t do the trick.
A growing number of investors, policymakers and others say the US economy may be at risk of spiraling downward. A finance professor explains how to ride it out.
Australia has more to fear than most countries from a global trade and currency war. All eyes will be on the Reserve Bank governor Friday as he attempts to outline what might happen.