Millennials: Facing an uncertain future

Millennials: Facing an uncertain future

Young adults around the world face an alarming set of challenges: debt, joblessness, globalization and rising house prices. Young people at a seminar on investing, Brookline (USA), 8 January 2016(AP Photo/The Christian Science Monitor, Ann Hermes) The Guardian...

Just how low can stock markets go?

Just how low can stock markets go?

Stock markets around the world have fallen sharply. The question is: How vicious can the bear become? Sculpture of a bear outside the Frankfurt Stock Exchange (EPA/Frank Rumpenhorst) The nation’s heartland boomed to meet the global economy’s insatiable demand for its...

Why the Fed matters

Why the Fed matters

The U.S. central bank — the “Fed” — is expected to raise interest rates soon, the first monetary tightening in years. Here’s why it matters to all of us. (Wikimedia Commons) The Federal Reserve — the U.S. central bank — is...

John Nash: Eccentric and human

John Nash: Eccentric and human

The first time I met John Nash I was overwhelmed — and amused. The math genius was both eccentric and human. The first time I met John Nash I was overwhelmed — and amused. I knew about the Nash equilibrium, a founding concept for game theory, a branch of mathematics...

Economy