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Media ID: 55357470
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PRODUCTIVE PLACE.
PHOTOGRAPHER: ANDREW HARRER/BLOOMBERG


How the Fed Does More with Less

How the Fed Does More with Less

For all the fretting about how U.S. productivity isn’t growing as quickly as it should, there’s at least one place where it appears to be doing pretty well: the Federal Reserve. The Fed plays a much bigger role in the economy and financial system than it did a...
Media ID: 55356153
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A bank clerk counts U.S. dollar banknotes on bundles of 100 Chinese yuan banknotes at a branch of a bank in Huaibei, Anhui province in this file photo dated April 26, 2012. REUTERS/Stringer


Opinion: What the World Economy Needs

Opinion: What the World Economy Needs

The global economy desperately needed some good news. That’s what it got in the latest U.S. jobs report. Ahead of today’s release of the U.S. employment report for July, the mood was decidedly gloomy, with economic activity slowing in most other advanced...
Media ID: 55345891
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oil dropped to $32.33


Oil Hits the Lowest Prices in 11 Years

Oil Hits the Lowest Prices in 11 Years

Declining oil prices on Thursday recorded their lowest in 11 years due to the American dollar high hit against a basket of currencies, after the Federal Reserve decided to raise interest rates for the first time in 10 years, in addition to expectations of increase in...