| Jan 2, 2014
A friend recently got stuck when he tried to explain to his son, who was struggling to find a job, how our economy got to be the way it is. He asked my help since I am a well-known crank on the matter. I offered him three short anecdotes:
| Jan 15, 2014
| 5:50 AM
WASHINGTON -- The global economy is at a turning point this year as it shows signs of strengthening, with the U.S. and other developed countries expected to see stronger growth, the World Bank said.
"Most of the acceleration is expected to come from...
| Jan 17, 2014
| 6:25 AM
Worsening income inequality is the risk most likely to cause serious damage around the globe in the coming decade, the World Economic Forum said in a report ahead of its annual gathering in Davos, Switzerland, next week.
The widening gap between rich...
| Jan 20, 2014
| 6:23 AM
The 85 richest people on Earth have the same amount of wealth as the bottom half of the population, according to a new report that highlights growing income inequality as political and business leaders gather for the annual World Economic Forum in Davos,...
| Jan 20, 2014
| 4:45 PM
As business and political leaders gather in Davos, Switzerland, to discuss the improving world economy, new evidence emerged about how much the rich have become richer — and how much further the poor are falling behind.
The 85 richest people on...
| Nov 19, 2013
| 9:48 AM
Nearly 820,000 international students — a national record — studied at universities in the United States during the 2012-2013 academic year, according to a report released this month by the Institute for International Education. At Morgan...
| Nov 28, 2013
| 2:46 PM
PANAMA CANAL ZONE — After waiting out an early-afternoon downpour, Vice President Joe Biden and the U.S. delegation emerged into the humid heat to tour the $5.2-billion canal expansion.
Baltimore Mayor Stephanie Rawlings-Blake snapped pictures...
| Dec 3, 2013
| 9:25 AM
The improving global economy has given media executives confidence for fiscal improvement in 2014 -- a year that could be punctuated by mergers and acquisitions in the media and entertainment sectors, according to a new report.
Consulting firm Ernst &...
| Dec 11, 2013
| 8:12 AM
WASHINGTON -- Clear communication from Federal Reserve officials could reduce the risk to developing economies when the central bank starts reducing a key stimulus program, the head of the World Bank said.
Developing nations saw their borrowing costs...
| Apr 27, 2014
| 2:11 PM
The 'Spider-Man' sequel doesn't swing into North American theaters until next weekend, but the superhero flick is already sticking with moviegoers overseas.
Since launching in a handful of international markets this month, "The Amazing Spider-Man 2" had...
| Apr 14, 2014
| 9:09 AM
After a two-year slump, global commerce is expected to pick up in the next two years, one report says.
World trade is forecasted to grow by 4.7% this year and 5.3% in 2015, buoyed by continual improvement in the economies of many countries, the World...