China has exploded to superpower status since I lived there 40 years ago. On a recent visit, the progress was unmistakable. But so were shortcomings. The author dressed for work in many layers to teach all winter without heat in 1981-82 Thumb-sucker anniversary...
Income inequality is spurring populist movements. But income growth has curbed poverty in many areas, and wealth can hold the key to equality. A limousine is offered for hire besides a bicycle path in Beijing, China, 29 February 2008 (EPA/Adrian Bradshaw) Has income...
Shareholder activists are not new. But increasingly these stockholders are focused on addressing social issues, from climate change to gun violence. Greenpeace activists demonstrate during a shareholders’ meeting of pharmaceutical and chemical giant Bayer in Cologne,...
Venezuela’s economic crisis has sent millions of refugees into surrounding countries, stirring regional tensions and fanning populist anger. A woman and a boy, both Venezuelan refugees, sit in a hammock at a shelter in Pacaraima, the main entry point for...
I loved covering Wall Street, spending trading days watching the market. But the question today is: How frothy is this aging bull market? Coin of the crypto-currency Bitcoin, 2 March 2018(Klaus Ohlenschläger/picture-alliance/dpa/AP Images) As a stock market reporter...
Think of inflation the way you think of Goldilocks and the three bears: too much or too little is a problem. Just a bit can be just right. “The Three Bears” (Wikimedia Commons) Global stock markets, which marched inexorably upward last year, have been volatile in...
The prospect of inflation — virtually unknown to younger generations — is unnerving markets. But the timing of this market correction could be just right. A TV screen at the New York Stock Exchange, 5 February 2018. (AP Photo/Richard Drew) The tremors that...
Baby boomers have basically ruined things for millennials. But here’s a book that will help you have your avocado, your trips and financial freedom. Young people attend a seminar on investing, Brookline, Massachusetts, 8 January 2016 (AP Photo/The Christian...
Chinese leader Xi Jinping has strengthened his grip on power, with far-reaching consequences for China and the world. Chinese President Xi Jinping, center, presides over the opening ceremony of the 19th Party Congress, Beijing, 18 October 2017 (AP Photo/Ng Han Guan)...
New U.S. sanctions on Russia might look like just another diplomatic move following Russia’s annexation of Crimea. But they could have dire consequences. Part of the U.S. embassy in Moscow, Russia, 28 July 2017. (EPA/Sergei Chirikov) The U.S. Congress has...