U.S. National Debt Is Huge, but It’s Not a Catastrophe

Without a doubt, this country’s debt overhang needs to be chopped considerably. But does a large national debt doom a nation to economic ruin? Only if you believe that countries like Germany, France, and Japan are economic bask…

Toyota Kept Slim Lead Over GM in 2010 Despite Recall Woes

Toyota managed to hold onto the title of world’s No. 1 automaker last year, despite numerous safety recalls that took a toll on its sales. Toyota sold 8.42 million vehicles worldwide in 2010, enough to barely edge out resurgent…

Sweden’s Central Bank Is Already Fighting the Next Bubble

While most of the world’s central banks are still fighting the last war, Sweden’s Riksbank has moved on to the next one. Rather than looking at conventional inflation gauges, the world’s oldest central bank is basing its action…

Buzzword of the Week: Open Kimono

Forget political correctness. Business jargon is one of the last bastions of old-fashioned, rough and tumble crudity. Little surprise, then, that boardroom buzzwords sometimes veer into racism, sexism or — in the case of “open…

Buzzword of the Week: Open Kimono

Forget political correctness. Business jargon is one of the last bastions of old-fashioned, rough and tumble crudity. Little surprise, then, that boardroom buzzwords sometimes veer into racism, sexism or — in the case of “open…