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After a 15-year economic eclipse, a stream of good news is finally brightening the outlook for Japan. Banks have started to lend again, companies to hire and invest, and consumers to spend. Things are so good, in fact, that the Bank of Japan has just declared victory in its epic battle with deflation. The country has the world's second largest economy; its recovery will have implications around the globe...
After a 15-year economic eclipse, a stream of good news is finally brightening the outlook for Japan. Banks have started to lend again, companies to hire and invest, and consumers to spend. Things are so good, in fact, that the Bank of Japan has just declared victory in its epic battle with deflation. The country has the world's second largest economy; its recovery will have implications around the globe...
When it comes to local and state politics, Harvard students are woefully out of touch. With a constant stream of national and international political figures parading through campus, Harvard students fail to realize how Mass. state and local politics impact daily student life...
...TIPS right for you? On the surface, they certainly seem like a sweet deal. Inflation poses the biggest risk to the wealth of anyone investing in government bonds. That's because those bonds pay a fixed interest rate over a long period, and the value of any fixed-income stream erodes as inflation rises. But TIPS come with a twice-a-year adjustment that raises their value at the rate of inflation. You get the yield on top of that. That feature makes TIPS ideal for conservative investors who will hold their bonds to maturity and just want to make...
Grownup child star Macaulay Culkin's semiautobiographical, stream-of-consciousness novel, Junior, comes out this month...