Foreign direct investment is supposed to stimulate productivity and growth in other countries by transferring skills, technology and capital. But much of it isn’t doing that,
In economic and political terms, today’s environment has a lot in common with the late 1930s, warns Ray Dalio, founder and co-chief investment officer of Bridgewater Associates, the world’s biggest hedge fund.
ADVERTISEMENT FEATURE Whatever people’s views are on the current state of capitalism, it is hard to deny that it has created a huge amount of economic growth. But this has come at considerable cost, and we cannot continue developing without tackling these costs.
Apart from the wage rises, the jobs, the tax cuts, the rising living standards…
The US president’s idea of buying Greenland is not quite as preposterous as it might seem to modern minds, but why buy it when there are so many better options?
The gap between yields on short and long-dated US bonds turned positive this week, after having briefly turned negative. John Stepek looks at how this affects the charts that matter most to the global economy.
Welcome to today’s Money Minute – in which we preview the big stories of the week ahead in just 60 seconds. This week, we see UK unemployment and the European Central Bank’s decision on monetary policy.
Australia – the “lucky country”, which has gone 28 years without a recession – may yet run out of luck as its economy falters.
Things seem to be looking up in global markets, with US stocks approaching an all-time high. John Stepek looks at what’s behind the sudden bout of optimism, and where markets might go next.
Decades of bickering between South Korea and Japan are feeding an increasingly nasty trade dispute.
In Wednesday’s Money Minute, we preview July’s retail sales data for the eurozone and Canada’s latest decision on interest rates.