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Wednesday’s Midday Movers: 3 Stories Driving Markets
The major U.S. stocks were slipping Wednesday after posting gains earlier in the week. As of noon: DIJA: -0.16% to 15543.07 S&P 500: -0.19% to 1689.21 NASDAQ: +0.38% to 3592.80 Gold: -1.95% to...
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How Much Is the U.S. Using Tech Company Servers to Spy?
United States technology companies are looking for greater transparency regarding the National Security Agency’s use of information from their servers. These companies include Facebook (NASDAQ:FB),...
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Here Is Why the Emerging Marketplace Is in Trouble
While loans may have helped the emerging markets of the world from stagnating following the 2008 financial crisis, the days of credit regret have arrived for many big borrowers, Bloomberg reports....
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World Trade Organization’s Bali Talks Yield a Deal
The World Trade Organization has come to a multilateral agreement on trade policy at its meeting in Bali, Bloomberg reports. For the first time in the history of the World Trade Organization, all of...
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Byron Wien: 10 Predictions About the World Economy in 2014
Source: http://www.flickr.com/photos/zemistor/ Byron Wien is one those economic, financial, and political thinkers who looks like a mad genius on a good day and simply like a mad man on a bad day....
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Christine Lagarde: Global Economic Growth Is Still Below Potential
“The global economy in 2013 remained suspended between the poles of hope and uncertainty,” wrote Christine Lagarde, managing director of the International Monetary Fund, on Wednesday, the first day of...
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Draghi: European Economic Recovery Is Slow But on Track
source: http://www.flickr.com/photos/alfmelin/ All is not well in the euro area. As a whole, the region suffered six quarters of economic contraction between the end of 2011 and the beginning of 2013,...
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Christine Lagarde: The World Needs the IMF Now More than Ever
Source: http://www.flickr.com/photos/s4intly/ It’s no secret that the global economy is still limping along, supported on one side by accommodative monetary policies and threatened on the other by...
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Obama Won’t Say, but the Real State of the Union Is a Political Mess
The State of the Union Address is a carefully orchestrated piece of performance theater for all involved, but no more so than for the president, Barack Obama. Weighing on his shoulders this year is the...
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Why Does Obama Want a Partnership With These 11 Countries?
Source: Thinkstock President Barack Obama has been given the go-ahead to fast-track a trade deal that would affect 40% of the world economy. The Trans-Pacific Partnership is a 12-country free-trade...
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