Interest rates have been in a freefall for the better part of the past two decades. Moreover, the yield on the 10-year U.S. Treasury, which is the flagship interest rate benchmark, has mostly been below
The government in Colombia has called for the permanent opening of its border with Venezuela after crisis-hit Venezuelans flocked to buy basic items. Colombia said it would not allow any further temporary
US spending on prisons and jails grew three times as fast as spending on education in the last 3 decades
The analysis used data from the Bureau of Justice Statistics, National Center for Education Statistics, US Census Bureau, and other sources to compare the changes in spending between 1979-1980 and 2012-2013.
It's a serious issue. There's a common misconception that things in space are just kindof floating out there, moving slowly—and given videos of spacewalks and what we see in movies, that's understandable.
TAPACHULA, Mexico — Elena was 11 years old when a gang member in her home country, Honduras, told her to be his girlfriend. “I had to say yes,” Elena, now 14, explained. “If I had said no, they would killed
Baton Rouge shooting puts police on guard on eve of Republican convention as union boss says, ‘Leadership needs to stand up and defend these police officers The head of the Cleveland police union called
Britain’s EU referendum calls into question march toward closer ties; resistance over ‘total integration’ BRUSSELS—If the U.K. decides in Thursday’s referendum to leave the European Union, it would shake
In Denmark and Sweden, savings accounts pay nothing and real estate is booming AALBORG, Denmark—Hans Peter Christensen got some unusual news when he opened his most recent mortgage statement. His quarterly
Life insurers feel pain of negative interest rates German life insurers are caught in a pinch that could eventually threaten their survival. Regulators are forcing them to boost capital levels at the time
Trading withers in money markets, yen goes on a tear; ‘every day is like being Alice in Wonderland’ TOKYO—Japan’s two-month experiment with negative interest rates is producing some unexpected results.
Monetary-policy makers, bankers and economists are looking to the experience of Europe and Japan and asking whether subzero rates would boost the U.S. economy The debate over negative interest rates is
When Alternative Bank Schweiz moved to charge depositors, it actually gained account holders ZURICH—Negative interest rates are rattling banks around the world, but one small Swiss lender has learned stop
For central banks, fantasy monetary policy would mean handing out money directly to the population When modern banking first emerged in medieval Italy, European mathematicians regarded negative numbers