World Economy >>

Too busy for the mall? Online services like Stitch Fix and Trunk Club attempt to re-create personal shopping relationships of yesterday, powered by today's data analytics....

An alumni survey by the school found much more optimism about the future of America's companies than that of its workers. More than 4 in 10 think employee pay and benefits are set to shrink....

This summer in Minnesota's Twin Cities, a new kind of food truck is on the streets. Instead of selling food, this truck is collecting it and giving it to people who need it....

Higher education always pays off. Except if you do these three things....

Is the story of rising inequality presented by Thomas Piketty's Capital in the 21st Century an exaggeration? A Financial Times editor said as much recently. Now, the argument has begun....

In China's Second Continent, Howard French explores the Chinese presence in 15 African countries. The relationship goes beyond economics: more than a million Chinese citizens have migrated to Africa....

Thomas Piketty's Capital in the Twenty-First Century evokes another famous tome with "capital" in its title, and makes comparisons inevitable....

Attendees at an inclusive capitalism conference in London control $30 trillion in assets. But it's unclear what, if any, financial commitments will come from the conclave on income inequality....

An Associated Press study shows that most CEOs at S&P 500 companies are now making more than eight figures. Over the past four years, they've received raises topping 50 percent....

They are being pushed out of the rental market in fast-growing cities like Washington, D.C. Many end up spending most of their income on housing, living in substandard housing, or homeless....

Former Treasury Secretary Tim Geithner says the 2008 bank bailout worked well. Sen. Elizabeth Warren says it taught bankers to be reckless because the risks are on taxpayers. Vote for who is right....

THIS morning, the Financial Times leads with a striking allegation: "Capital in the Twenty-First Century", the bestselling analysis of inequality by economist Thomas Piketty, is fundamentally flawed thanks to errors in the data backing the book. The story is based on work done by Chris Giles, economics editor of the paper. He writes that his interest in the data's veracity was piqued by an apparent...

Memorial Day weekend kicks off the tourism season on the Jersey Shore, an area that's still rebuilding after Superstorm Sandy. At last, homeowners and businesses say, things are looking up....

The U.K.-based newspaper says the author of Capital in the Twenty-First Century , a treatise on income inequality, may have gotten some of his data wrong....

UK Only Article:  standard article Issue:  India’s strongman Fly Title:  Inequality Rubric:  How the financial crisis affected the distribution of British wealth IN HIS improbable blockbuster, “Capital in the Twenty-First Century”, the French economist Thomas Piketty argues that inequality is rising inexorably across the West. Recent British history hints at a wrinkle in that smooth...

UK Only Article:  standard article Issue:  India’s strongman Fly Title:  The European Central Bank Rubric:  Having promised action, the central bank will have to deliver it in June ALTHOUGH the European Central Bank (ECB) is often accused of timidity, it has nonetheless acted decisively on occasion, notably by pledging in 2012 to buy unlimited amounts of government bonds under...

UK Only Article:  standard article Issue:  India’s strongman Fly Title:  The world economy Rubric:  How to make the rich world’s recovery stronger and safer ECONOMISTS expected 2014 to be the year in which the global expansion stepped up a gear. Instead, nearly five years into its recovery from a deep recession, the rich world’s economy still looks disappointingly weak. America’s...

UK Only Article:  standard article Issue:  India’s strongman Fly Title:  The return of moderation Rubric:  Volatility has disappeared from the economy and markets. That could be a problem Location:  WASHINGTON, DC A DECADE ago, the business cycle was an endangered species. Recessions in the rich world had become rare, shallow and short; inflation was predictably low and boring....

THE British economy is on course for 3% growth this year, the pound is close to $1.70 (in part because the markets expect an early interest rate rise, linked to the economy's strength), the FTSE 100 is not far from an all-time high and London's property market is attracting rich buyers from all over the world. So it might seem as if Britain is a highly-attractive investment opportunity.But any investor...

The annual Ramp Feed, which celebrates the ramp, or wild leek, gives the economically depressed mining town of Richwood, W.Va., a reason to celebrate. And you can smell those alliums for miles....