How Long Can the Fed Continue to Downplay Inflation?

When a Federal Reserve committee meets Tuesday to consider the federal interest rate, it will likely revise its glum outlook into something brighter. But will it also acknowledge the U.S.’s growing inflation problem?
…

Japanese Market Sags in Disaster Aftermath

Japanese shares plummeted in the aftermath of what Prime Minister Naoto Kan describes as Japan’s worst disaster since 1945. The Nikkei 225 Index plunged 6.2%, wiping out this year’s gains and hitting its lowest level in four mo…

The 10 Most Counterfeited Products Sold in America

Americans’ zest for a bargain has an economic downside: It creates a giant opportunity for the scads of shady operators — especially from China — that specialize in pumping out counterfeit versions of the real thing. From foo…