Word: economice
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"Interest rates always rise when things are improving," says Lakshman Achuthan, managing director at the Economic Cycle Research Institute. "If higher interest rates choked off recoveries, then we would always be in recession."
Circuit City. Lehman Brothers. Fannie Mae. The economic crisis has devastated a slew of companies that once ranked among the country's most admired. Best-selling author and corporate researcher Jim Collins spent five years studying the decline of great businesses for his fourth book, How the Mighty Fall: And...
This is one of the most treacherous and unpredictable economic climates we've ever seen. Are we headed out of it any time soon?
One way to understand the Great Consumer Retrenchment is to look at the amount of debt the typical household carries as a percentage of its disposable income. The ratio of debt to income increased from about 35% in the early 1950s to about 65% by the mid-1960s, where it...
As flu experts go, Osterholm has been a doomsayer, predicting that the world was far from ready for a new flu virus. But in the early days of the H1N1 outbreak, he was full of praise for the WHO's quick reaction. Now, however, he thinks that the global body...