After years of exhorting China to increase the value of its yuan, the currency is finally rising. Why that’s so is the result of the Fed’s quantitative easing program. Here’s how Bernanke managed to succeed where political wran…
As crude prices keep inching upward, the threat to both the U.S. and global economy is clear. While OPEC says don’t blame us, the Interational Energy Agencys says: “This is a wake-up call to the oil-consuming countries and to t…
China’s foreign-exchange reserves jumped by a record 7.5% during the fourth quarter, increasing concerns over the country’s inflation, The New York Times reported Tuesday.
Continue reading China’s Record Foreig…
Foreign capital flowing into emerging markets can be dangerous, but it also has its benefits. Developing countries need to protect themselves against the risks while profiting from the dangers. But how? Here are three things th…
The nation’s factories continue to show signs that they will support economic growth in the immediate quarters ahead, as manufacturing output rose 0.5% in October — the sector’s biggest gain in three months — the Federal Reserve announced Tuesday.
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