Aerospace is an intensely nationalist business. But not only do aircraft makers get tied up in international political dogfights, such battle lines are drawn between states as well. Witness the just-completed competition betwee…
Investors sure have plenty of worries these days. But here’s a key point to keep in mind: While higher energy prices will restrain overall global growth, they could hurt emerging markets far worse than the U.S. — and that diff…
When Countrywide Financial created deeply flawed mortgage-backed securities, it wasn’t just selling bad financial products: It was breaking its contracts. Now some ordinary investors are suing Countrywide’s buyer, Bank of Ameri…
Gold bugs love bad news, and civil war in Libya, Africa’s third-largest oil producer, couldn’t have come at a better time. After dropping a hundred bucks in January, February’s upheavals have pushed gold back within striking di…
Events in the Mideast have, once again, revealed the U.S. economy’s vulnerability to an oil shock. Now more than ever, the nation must reduce its consumption of oil, especially from abroad, and become energy self-sufficient. An…