The world economy is poised for more of the same in 2011: booming growth in China, India and Brazil, and a sluggish crawl in much of the rest of the developed world. Here are the five most important factors driving sluggish eco…
The price of the precious metal jumped above $1,420 Tuesday on eurozone debt and inflation concerns. Meanwhile, World Bank President Robert Zoellick said that the world’s largest economies should consider adopting a new gold st…
Sarah Palin, former governor of Alaska, commented on the Federal Reserve’s plan to buy $600 billion of long-term assets, saying that Fed Chairman Ben Bernanke should “cease and desist.”
“We shouldn’t be playing around with inflation,” Palin said in re…
The U.S. finds itself on the wrong side of the currency manipulation argument this week, as many G20 countries criticize the Fed’s $600 billion bond buying plan, which could further devalue the dollar. World leaders say the mov…
A day after announcing a second round of quantitative easing, Fed Chairman Ben Bernanke responded to critics in a Washington Post op-ed that explains how the program will work and why it won’t spark inflation.
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