China Has a $1.2 Trillion Ponzi Finance Problem
Chinese borrowers are taking on record amounts of debt to repay interest on their existing obligations, raising the risk...
Low jobless claims point to still-improving labor market
The number of Americans who applied for unemployment benefits in mid-November stayed near a postrecession low, offering more evidence...
Black Rock: The Price of Climate Change
THE PRICE OF CLIMATE CHANGE GLOBAL WARMING’S IMPACT ON PORTFOLIOS
Fed Officials Signal Confidence in Economy as Liftoff Nears
Federal Reserve officials talked up recent data on the U.S. economy and said it reinforced the case for raising...
Signs of Life For Manufacturing in Industrial Production Report
There were signs of life for the hard-hit manufacturing sector in October, a report on industrial production suggested. The...
Fair? Mexican Auto Workers Make 1/5th of US Workers
Detroit’s Big Three automakers are accelerating plans to produce more small cars for the North American market in Mexico...
Big Banks Rewrite Trillions In Contracts
The effort to reduce a potential deflationary contagion amongst the Too Big Too Fail Banks has taken a big step...
India’s Burgeoning Cities to Drive World Energy Demand
A report by Bloomberg is suggesting that India’s oil consumption is set lift global demand: Nation’s oil demand expected...