| Jun 28, 2013
| 5:50 PM
For U.S. investors, it was a good six months to just stay home — and to start imagining the world weaned off cheap Federal Reserve money.
Major Wall Street stock indexes posted double-digit returns in the first half, buttressed by a continuing,...
| Feb 6, 2013
| 3:00 AM
As President Barack Obama said in his inaugural address, America "cannot succeed when a shrinking few do very well and a growing many barely make it."
Not even the very wealthy can continue to succeed without a broader-based prosperity. That's because...
| Feb 9, 2013
| 5:00 AM
I take issue with much of Lane Windham's recent commentary ("If not labor unions, then what?" Jan. 29) beginning with the fundamental premise that it was the unions that provided us with economic redistribution. Like many other academicians, Ms. Windham...
| Feb 12, 2013
| 6:28 PM
Mr. Speaker, Mr. Vice President, Members of Congress, fellow citizens:
Fifty-one years ago, John F. Kennedy declared to this Chamber that “the Constitution makes us not rivals for power but partners for progress…It is my task,” he...
| Feb 15, 2013
| 11:41 AM
Gold still glitters, but a bit less brightly as it fell below $1,600 on Friday for the first time in six months.
In one of the contrarian ways of the financial markets, gold has weakened as evidence has mounted that the global economy is recovering....
| Dec 27, 2013
| 5:27 PM
Wall Street had plenty of reasons to think 2013 would go miserably for the stock market — what with a lackluster global economy, the U.S. government shutdown, Syria's civil war, the Obamacare fiasco and Miley Cyrus.
Instead, we're on track for a...
| 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...