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Leaders of the Group of Eight (G8) industrialized countries and five major developing countries agreed here on Thursday to reform financial institutions, boost development and conclude the Doha Round trade talks.
Banks have revised their interestrate structure for home loans by cutting short-term rates and hiking longer-term ones. But zero-interest loans still can be found.
Liberty is to the collective body, what health is to every individual body. Without health no pleasure can be tasted by man; without liberty, no happiness can be enjoyed by society. - Thomas Jefferson
A Third Stimulus? Don't Repeat the Same Failures Calls for a new stimulus bill are growing almost as fast as the ranks of the unemployed. Many politicians and economists who had advocated for the huge $787 billion second stimulus bill are surprised that it has failed to help the economy.
"Banking Establishments Are More Dangerous Than Standing Armies." Thomas Jefferson (1743-1826), 3rd US President
So what's your guess: how long will it be before the Bank of England brings in its first rise in interest rates? One year? Two years? Longer still? I ask the question because we seem set with very low nominal rates for a long time yet, despite the growing evidence that our own economy – and more important the world economy – is starting to swing back towards growth. But near-zero interest rates ...
DETROIT -- The new General Motors is about to roll off the assembly line as a leaner, greener model, maybe even a profitable one, too.Once the worlds largest and most powerful automaker, the troubled company was expected to emerge from bankruptcy protectio...
John Hagel , perhaps best known for his book The Only Sustainable Edge , has been one of the leading strategic thinkers for decades. Recently, as Co-Chair of the Deloitte Center for the Edge , he unveiled the Shift Index. This is a fascinating way to look at the economy and goes well beyond the traditional GDP and employment measures. Have a strong cup of coffee before reading or listening to ...
Company will clear bankruptcy in record time to face a brutally competitive global automotive market.
Before the Subcommittee on Domestic Monetary Policy and Technology, Committee on Financial Services, U.S. House of Representatives, Washington, D.C.
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