A Beijing-based think tank has become the first Chinese economic research institute linked to the government to predict that China’s economic growth rate will slow below 6.0% next year.
Fed Chairman Jerome Powell said that "the federal budget is on an unsustainable path" that ultimately could limit lawmakers’ ability to support the economy in a downturn.
The energy index increased 2.7 percent in October after recent monthly declines and accounted for more than half of the increase in the seasonally adjusted all items index...
...optimism for activity, employment and profits in the year ahead were all at the lowest level since the financial crisis. Markit also reported a decline in planned investment spending, with inflation expectations at a three-year low...
The common view among many economists today, however, is that it's better for economic growth to make sure more people spend every last dime on trinkets at the discount store...
Over the last 2 weeks, investigators have interviewed people about McKinsey's actions in the bankruptcies of companies like Alpha Natural Resources and SunEdison...
Americans today like to claim that the end of the Soviet bloc and the Soviet Union was America’s doing... This tale makes for nice domestic propaganda but the fact was that the USSR was too poor to pay the political bills.
