| Jul 28, 2014
| 2:30 AM
The biggest surprise in financial markets this year is the strong performance of bonds. You may recall that bond prices fell (and yields rose) last year after the Federal Reserve began to reverse its easy-money policies. With yields still near...
| Jul 28, 2014
| 9:45 AM
Northwestern University law and political science professor Andrew Koppelman moves past the absurd legal theory underlying the Halbig ruling on the Affordable Care Act -- in which a federal appeals court invalidated subsidies provided to insurance...
| Jul 28, 2014
| 9:00 PM
There's rough weather ahead for the federal budget and the nation's economy, according to this month's long-term forecast from the nonpartisan Congressional Budget Office. The CBO projects the growing national debt will reduce Americans' incomes, raise...
| Jul 29, 2014
| 12:02 PM
Crusaders know they're nothing without something to crusade against. That's undoubtedly why hedge fund billionaire Peter G. Peterson keeps harping on the federal debt.
It's the same reason that army generals talk up the capabilities of national enemies,...
| Jul 30, 2014
| 9:29 AM
CME Group Inc, the world's largest futures exchange operator, will buy derivatives broker GFI Group Inc to expand its reach in the European energy and global foreign exchange markets, CME said on Wednesday. CME, owner of the Chicago Board of Trade and...
| Aug 21, 2013
Re “A big push for DWP contract,” Aug. 17, and “Accountability and the DWP,” Editorial, Aug. 16
I have nothing against the Department of Water and Power nor the International Brotherhood of Electrical Workers Local 18. I believe...
| Jun 5, 2014
| 7:13 AM
In a bid to spur growth and avert the dangerous threat of deflation bedeviling the sluggish Eurozone economy, the European Central Bank cut its benchmark interest rate to a record low and took the unprecedented step of lowering the bank deposit rate below...
| May 28, 2014
| 6:25 AM
A top Federal Reserve official says he's "not in a rush" to start raising the central bank's rock-bottom interest rates despite his view that the economy is improving after a weather-related winter slowdown.
Dennis Lockhart, president of the Federal...
| Jun 17, 2014
| 6:39 AM
Inflation unexpectedly jumped last month as higher prices for food, energy and other items pushed the annual rate above the Federal Reserve's preferred 2% target, the Commerce Department said Tuesday.
The new data could lead central bank policymakers to...
| Jun 16, 2014
| 10:00 AM
The International Monetary Fund sharply lowered its U.S. growth projection for the year and issued a cautionary note to investors: Don't be too confident about interest rates.
Like others in the economic forecasting business, the IMF downgraded its U.S....
| May 13, 2014
| 5:16 PM
Traders may have made up to $256 million in illicit profit by getting early word of the Federal Reserve’s decisions to loosen or tighten the money supply, according to researchers at Singapore Management University.
The researchers cited “...