Alex

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FED'S WILLIAMS: 'We can’t wait until we see the whites of inflation’s eyes'

"My forecast is that we'll reach our maximum employment mandate in the near future and I'm increasingly confident that inflation will gradually move back to our 2 percent goal," San Francisco Federal Reserve Bank President John Williams said in remarks prepared for delivery to the Arizona Council …

Economics

Moldova thanks Romania for $171 million loan, says it will be spent on modernizing the country

Moldova's prime minister has thanked Romania for a 150 million euro ($171 million), five-year loan which he said will be spent on modernizing the former Soviet republic, which wants to join the European Union.<p>Premier Valeriu Strelet said Tuesday that the loan, agreed upon last month, will bolster …

6 reasons China's economy is weaker than you think

He was being given the royal treatment, including a stay at Buckingham Palace, a ride in a state carriage along The Mall and several banquets.<p>The trip also included plenty of time with the British prime minister, David Cameron, who is keen to discuss the trade and investment that the UK hopes to …

Economics

There's a lot of confusion about inflation in India

With very high interest rates in India and the effort to bring them lower, inflation is a hot topic. The Reserve Bank of India (RBI) has always been reluctant to lower interest rates in the face of high inflation, but there is considerable confusion about inflation in India. Looking at India's …

Stock Markets

PAUL SINGER: Developed countries are hopelessly and utterly insolvent

Speaking at the inaugural Tel Aviv Sohn Conference, Singer said that since the 2008 financial crisis developed, countries had been propped up by a "cult" of central bankers, according to tweets from Bloomberg TV's Elliott Gotkine.<p>Singer said the balance sheets of developed economies were hopelessly …

Developed Countries

Why You Should Freelance While Keeping Your Full-Time Job | Inc.com

In a recent post, 10 Steps to Starting a Business While Keeping Your Full-Time Job, my pal Ryan Robinson laid out practical steps to help you plan and launch a new business.<p>Now let's go a step further and see how you can be a successful freelancer while keeping your full-time job--until you're …

Employment

The world will come crashing down (again): Inside the global debt crisis that America is about to import

Trillions of dollars of investment in emerging markets has been fueled by cheap credit — and the bill’s coming due<p>Even as tens of millions of Americans continue to still struggle to recover from the Great Recession, there are signs that the roller coaster global economy is about to take us on …

Interest Rates
House Intelligence Committee
Middle-class

Oregon shooting: OECD homicide rates chart

At least 10 people are dead and seven more injured after a gunman opened fire at a community college in Oregon on Thursday.<p>President Barack Obama, forced to react to another mass shooting in the US from the White House briefing room, lamented that the US is the "only advanced country in the world …

Guns

The Income Chart That Explains American Politics

On Tuesday morning, the United States Census Bureau released its annual report on income and poverty in the United States. Ostensibly, it didn’t contain many news-grabbing headlines. In 2013, the number of people living in poverty edged down a bit—from 46.5 million, in 2012, to 45.3 million—and the …