A rapidly growing list of reports shows a U.S. economic recovery that’s far stronger than most had anticipated just months ago. And both deflation and inflation seem less likely to explode. All this is boosting the dollar — an…
McDonald’s (MCD) is planning a massive expansion in China as it seeks to take advantage of rapid economic growth and burgeoning consumer demand.
The restaurant giant will boost investment in China by 40% in 2011,The Wall Street Journal said. The comp…
For the 22nd-straight month, the central bank kept its target interest rate at 0% to 0.25%. It made no new asset purchases and no changes to QE2, its $600 billion, eight-month bond-buying program. Housing and hiring are two mai…
Led by a jump in energy, producer prices rose 0.8% in November — a gain that suggests policymakers may be winning their battle to avoid deflation. It’s the straight monthly rise. However, minus energy and food increases, infla…
Republican Ron Paul is going to have a great time making the Federal Reserve miserable once he takes over as chair of the House subcommittee that overseas it. But he’s off-target in at least seven points of criticism he levels …