THE US-China economic relationship is one of the most important bilateral relationships in the world - offering extraordinary benefits to both sides...
In naming Tony Miller to fill the No. 2 slot at the U.S. Department of Education, President Barack Obama has turned to a manager with extensive business experience as the department tackles the challenge of overseeing some $100 billion in economic-stimulus aid to education...
The Federal Reserve may soon need to raise interest rates, said John Taylor, the former Treasury official who devised the “Taylor Rule,” a formula for rate- setting based on the outlook for inflation and growth...
From USA Today: For a guy grappling with recession, bank and auto bailouts, and record-setting budget deficits, President Obama also has a longer-term headache: The worsening financial condition of Social Security and Medicare as the Baby Boomers age...
A sharp critic of the Federal Reserve and prominent authority on monetary policy on Tuesday slammed the U.S. central bank for risking inflation and warned that government action had "caused, prolonged and worsened" the country's financial crisis...
Short-term dollar money markets showed no sign of stress in Asia on Wednesday even as the U.S. dollar tumbled, owing both to a recovery in risk appetite and to a fresh debate about the risks to the U.S. credit rating...
It is becoming apparent that the ambition of the Obama administration to increase government control over what had been previously private business institutions is breathtaking in scope and virtually unlimited...
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.