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Janet Yellen’s speech on September 24 at the University of Massachusetts clearly indicated that she and the majority of the members of the Federal...
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All posts tagged "Economics"
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Adam Smith famously wrote of the “invisible hand, ” by which individuals’ pursuit of self-interest in free, competitive markets advances the interest of society...
Business
The Generic-drug maker took its bid directly to shareholders after being rebuffed since April
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What impact will China’s slowdown have on the red-hot contemporary art market? That might not seem like an obvious question, until one considers that,...
Business
The Israeli bank has confirmed it is being investigated for alleged involvement in corruption at the world soccer governing body.
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BERKELEY – On August 11, China devalued its currency by 2% and modestly reformed its exchange-rate system. This was no earth-shattering event, but financial...
Business
The Securities and Exchange Commission today announced that Robert Cohen and Joseph Sansone have been named co-chiefs of the Division of Enforcement’s Market Abuse...
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Joseph Stiglitz asks why US policymakers are considering an interest-rate hike at a time of below-target inflation.
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CAMBRIDGE – China’s current economic woes have largely been viewed through a single lens: the government’s failure to let the market operate. But that...
Business
The Blackstone Group bought a stake in troubled mortgage insurer PMI, apparently continuing its strategy to bet on companies for which prices plunged following...