Investment is mostly below pre-crisis levelsTHE financial crisis began as a credit crunch—and its repercussions are still felt. Seven years since the first tremors culminated into a full-blown quake, investment is lower in most OECD countries. Business investment in particular still lags about 1 percentage point behind the pre-crisis average when the size of the economy is taken into account, according...
A MONTH ago Mario Draghi, president of the European Central Bank, expressed irritation about advice to get on with tackling low inflation that was dished out to the ECB on the eve of its monetary-policy meeting by Christine Lagarde, head of the International Monetary Fund. This month it is the turn of the Organisation for Economic Co-operation and Development to urge action ahead of the ECB’s council...
The automaker reached most of the last targets which were set shortly after Fiat took over Chrysler in 2009. Fiat Chrysler's CEO will again answer questions about the company's long-term viability....
A Gallup survey suggests the factors that should be guiding decisions on selecting a college are not selectivity or prestige, but cost of attendance, great teaching and deep learning — in that order....
A report overseen by the government finds climate change is causing more frequent heat waves, floods and droughts. The change, the study concludes, is also disrupting key parts of the economy....
German drug company Bayer makes a deal with U.S.-based Merck & Co. The purchase includes brands such as Claritin, Coppertone, and Dr. Scholl's....
The University of Chicago economist won the Nobel Prize in 1992 for broadening the horizons of economics, using economic analysis to explore social issues. Becker died Saturday at the age of 83....
Target is ousting its CEO, months after a massive data breach and amid some other business issues....
The Obama administration is trying to gain more support for a bipartisan bill to dramatically reshape the housing finance industry. Others say the bill would weaken affordable housing regulations....
Lots of Americans spend some time near the top of the income ladder — and many spend at least a few years in poverty....
Normally investors look for promising companies to invest in. With search funds, they invest in promising people . Investors back "searchers" by covering their pay while they hunt for companies....
David Weil is responsible for enforcing federal protections such as the minimum wage and overtime. Weil, an economist at Boston University, has spent his whole career studying workplace issues....
IT IS the economics book taking the world by storm. "Capital in the Twenty-First Century", written by the French economist Thomas Piketty, was published in French last year and in English in March of this year. The English version quickly became an unlikely bestseller, and it has prompted a broad and energetic debate on the book’s subject: the outlook for global inequality. Some reckon it heralds...
Hundreds of thousands are out of work, yet employers say they struggle to fill positions. Oil refineries in L.A. often have temporary work, but even entry-level jobs require specialized training....
Can political opposites attract? Ralph Nader's new book makes a case for the far left and right to come together. He tells NPR's Scott Simon there's common ground in opposing corporate America....
The April jobs report came in much better than expected, though the shrinking labor force leaves some unanswered questions....
Small, independent grocery stores are a growing trend in urban areas. They're not far off from the shops where gran and gramps used to buy their produce, but have been updated for the modern foodie....
The labor market has recovered strongly in Minnesota, where the unemployment rate is just 4.8 percent....
The April jobs report shows a labor market on the mend. Employers added 288,000 jobs, and the unemployment rate fell to 6.3 percent, partly because of a decline in the size of the labor force....
You can trace 4,000 years of economic growth through the history of light. The ways we got from a candle, made from of animal fat, to the LED lights we have today tell a lot about our modern economy....