Being a cheap-skate, I am incredibly excited about doing anything I can to put a little extra green in my pocket. I have been looking online and thinking a lot about making a solar furnace to supp…
Most people will have heard of Kazakhstan by way of the spoof documentary, Borat. This time the central Asian nation is in the spotlight for something real, as a victim of global selloff in emerging-market assets. After the country abandoned control of the tenge, the currency lost a quarter of its value.
It's domestic versus global for Mark Carney.
For more than half a decade, a basic truism of finance has been turned upside down. Interest rates — which normally reward savers and charge borrowers — have been set below zero by central banks in a handful of big countries. That means savings are losing value and borrowers can be paid to take out a loan. Considered one of the boldest monetary experiments of the 21st century, negative interest rates were adopted in Europe and Japan after policy makers realized that they needed extreme measur
It's domestic versus global for Mark Carney.
Gold investors have more to worry about than the prospect of higher U.S. interest rates.
America’s suffering shale patch is about the only place in the U.S. where there’s nostalgia for the dark days of the financial crisis.
The strong conviction about growth, inflation and global stability needed to raise interest rates didn’t show up for officials at the Federal Open Market Committee meeting this week. They’re still open to finding it soon.
