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...
The United States is the richest nation in the world with many millions of poor. I’m baffled more has not been done to spread this extraordinary wealth. A homeless person sleeps on a bench in Santa Monica, California, 10 May 2017.(EPA/Mike Nelson) Here’s a...
We asked our correspondents and readers for their views following centrist Emmanuel Macron’s election on Sunday as French president. Yesterday, Alan Wheatley noted that Europe is relieved at the defeat of Euro-skeptic Marine Le Pen but that the onus is now on...
Emmanuel Macron as French president proves that embracing Europe and globalization need not be a political death wish. But he must deliver. French President-elect Emmanuel Macron celebrates on the stage at his victory rally near the Louvre in Paris, France, 7 May...
Donald Trump has denounced free trade. But protectionism will not solve America’s problems and could contribute to the breakup of the EU. A truck pulls into a warehouse in Laredo, Texas. Donald Trump’s campaign promise to abandon the North American Free Trade...
The European Union symbolizes the victory of unity over discord and bloodshed. It might tremble, but it will not collapse. “The good future of Europe,” by Elma Hoffman This is the last in a series of articles on the European Union by students in the School Year...