Why Brexit is grim news for the world economy - The Economist

NIGEL FARAGE, the leader of the UK Independence Party, told elated supporters that June 23rd should go down as Britain's Independence Day. The reaction in financial markets to Britain's vote to leave the European Union was rather less euphoric. During ...

Friday, June 24, 2016

LeBron James is worth every penny - CNNMoney

LeBron James is paid an average of $23.5 million a year by the Cleveland Cavaliers, and he is worth every penny. The team delivered their hometown its first sports championship in 52 years on Sunday. And James led the way with a triple double ...

Monday, June 20, 2016

With oil price near $50, resilient US shale producers eye new chapter - Reuters

HOUSTON Two years into the worst oil price rout in a generation, large and mid-sized U.S. independent producers are surviving and eyeing growth again as oil nears $50 a barrel, confounding OPEC and Saudi Arabia with their resiliency. That shale giants ...

Monday, June 20, 2016

How economics could solve the refugee crisis - Brookings Institution (blog)

Rights and responsibilities: Solutions to the Syrian refugee crisis Is there an economically grounded solution, with clear benefits for host countries, displaced people, and their home countries, to the current refugee crisis? Consistently growing ...

Thursday, June 16, 2016

Why the Economic Payoff From Technology Is So Elusive - CNBC

But for several years, economists have asked why all that technical wizardry seems to be having so little impact on the economy. The issue surfaced again recently, when the government reported disappointingly slow growth and continuing stagnation in ...

Monday, June 06, 2016

Despite jobs bombshell, Fed could still hike rates in July - CNBC

There's next to no chance the Federal Reserve will raise rates this month after Friday's shockingly weak jobs report for May, but strategists say the central bank could still find a way to hike in July if other economic data shows that the U.S. economy ...

Friday, June 03, 2016

New car, new reality: Auto loan borrowing hits fresh highs - CNBC

Americans are paying more every month for a new vehicle and making those payments for a longer time than ever. The latest data on auto loans by Experian shows Americans are taking out record-size loans, making larger monthly payments than ever before ...

Thursday, June 02, 2016

Venezuela is running out of everything: Bread, sugar, toilet paper... - CNNMoney

Food, medicine, electricity, toilet paper, condoms -- you name it. And over the weekend at least two large international airlines -- Lufthansa and LATAM -- said they will suspend service to Venezuela in the coming months due to the economic crisis.

Tuesday, May 31, 2016