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A collection of news and information related to Economy published by this site and its partners.

Top Economy Articles see all

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  • How to handle Puerto Rico's debt crisis

    How to handle Puerto Rico's debt crisis
    This has not been the best week for risky government securities. First, the Greek government failed to make a $1.7-billion payment that was due Tuesday. Then the Puerto Rican government revealed that its debt had become unsustainable, although it managed to forestall a default by making more than $1 billion in payments Wednesday. The coincidental timing aside, the situations in Puerto Rico and Greece are only superficially similar. Still, the latter's prolonged troubles and repeated rounds of brinkmanship offer Puerto Rico's creditors a lesson in how not to handle a debt crisis.
  • Greece's debt crisis: Where the key players currently stand

    Greece's debt crisis: Where the key players currently stand
    Finance ministers from the Eurozone countries agreed Wednesday to delay negotiations on a new bailout deal for Greece until its divided and crisis-weary people decide in a Sunday referendum if they are willing to endure more belt-tightening to keep the...

    Review: 'Misbehaving' by Richard H. Thaler

    Review: 'Misbehaving' by Richard H. Thaler
    Want a good short-hand introduction to (some of) the insights of behavioral economics? Try this one, courtesy of Richard H. Thaler's "Misbehaving: The Making of Behavioral Economics": "(W)e experience life in terms of changes, we feel diminishing...

    Revamping California's tax code

    Revamping California's tax code
    The California tax code is like a handyman's rickety stepladder, as untrustworthy as it is essential. It's also proving to be hard to fix. Two blue-ribbon commissions have proposed sweeping reforms to shore up the tax code's weaknesses in recent years,...

    Cheap oil's unexpected harm to U.S. economy

    If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy. It hasn't worked out that way. The economy is thought to have shrunk in the January-March quarter and may barely...