Topic: Central Banking
Top galleries, list articles, quizzes
-
Five signs Americans are forgetting recession's lessons
Declining savings is one of five signs that American households are forgetting the lessons of the Great Recession:
-
When dictators fall, so do their banknotes
The following now defunct or possibly soon-to-be defunct banknotes are imbued with the symbols and iconography of their leaders, past and present.
-
Debt-ceiling showdown: 4 reasons it's not a replay of 2011
In 2011, Congress and President Obama went to the brink of government default when congressional Republicans balked at raising the nation's debt ceiling. The spring of 2013 appears to have another debt ceiling fight in store. Here are the top four things that have changed.
-
Credit card offers: five mysteries explained
Credit-card companies often say you are "pre-approved," "pre-screened," "pre-qualified," or "pre-selected" to receive their credit card. Here is a guide to sorting through credit-card offers:
-
Six points where Mitt Romney and his economic advisers are mostly wrong
Mitt Romney’s economic plan is largely based on a whitepaper written by several “heavyweight” economists. The problem is, it's riddled with fundamental flaws. Here are six points where Mitt Romney and his economic advisers are mostly wrong about what ails the American economy and how to fix it.
All Content
-
Credit card offers: five mysteries explained
Credit-card companies often say you are "pre-approved," "pre-screened," "pre-qualified," or "pre-selected" to receive their credit card. Here is a guide to sorting through credit-card offers:
-
Robert Reich Want to avoid bailouts? Break up the big banks.
It's time to limit the size of banks and break up the biggest ones on Wall Street, Reich writes.
-
IMF arrives in Egypt in effort to head off currency crisis
Leading bank HSBC said that a $4.8 billion International Monetary Fund loan is 'the only thing' preventing Egypt from a currency crisis brought on by post-revolution political upheaval.
-
Egypt's Morsi adds more Brothers to his cabinet
The Cabinet shake-up aimed at improving the government's approach to Egypt's wounded economy.
-
Stocks fall with Fed undecided on stimulus
Stocks faded Thursday after rallying for two days when investors caught drift of bank officials at the Federal Reserve disagreeing over continued economic stimulus. Mixed holiday sales didn't help stocks either.
-
$1 million Apple heist: Thieves hit Paris store on New Year's Eve
$1 million Apple heist at the flagship store in Paris was a 'well prepared' operation, police said. Four armed thieves used the commotion around New Year's Eve festivities in downtown Paris to carry out the $1 million Apple heist.
-
The Circle Bastiat Wait! Government did cause the housing bubble.
Congress's Community Reinvestment Act, aimed at helping the poor afford housing, did lead banks to make much riskier mortgage loans, a new study finds.
-
Stefan Karlsson Japan's new inflationary strategy: wrong target
The cause of Japan's deflation isn't monetary, it's demographic. Inflationary policy won't work in the long term.
-
UBS to pay $1.5 billion in fines over LIBOR rate scandal
The Swiss bank agreed to the fine Wednesday, settling with US, British, and Swiss regulators. In the case, UBS employees tried to rig the London Interback Offered Rate, or LIBOR, using different currencies.
-
Japan's new PM to pressure central bank on monetary stimulus (+video)
Shinzo Abe, elected over the weekend, also wants to improve relations with China while remaining firm on the islands dispute. Meanwhile, the yen has slipped, post-election, in financial markets Monday.
-
Japan eyes seventh premier in six years after conservative surge
Former Prime Minister Shinzo Abe appears set to rise to high office once again following elections today in Japan.
-
Can Ben Bernanke save the job market if 'fiscal cliff' talks fail?
The Federal Reserve said this week it would maintain ultralow interest rates until the unemployment rate falls to at least 6.5 percent, unless inflation starts looming as a near-term risk.
-
Opinion: Two ways US and Europe can boost their economies
The US and Europe now have two great opportunities to give their economies a much needed boost. One is to successfully navigate their debt mountains and fiscal cliffs. The other is to finally negotiate a US-EU free trade agreement.
-
Backchannels Vast sums of aid continue to be stolen in Afghanistan
Despite years of supposed effort to stop money laundering out of Kabul airport, billions continue to flow from the country unchecked.
-
Is Berlusconi really set to lead Italy again?
Mario Monti's resignation as prime minister of Italy has opened the door to Silvio Berlusconi's return to the office – and he has promised that he will run again in February's elections.
-
The Circle Bastiat Does government spending really promote economic growth?
Salerno questions the Keynesian doctrine that government spending per se raises income and promotes economic recovery.
-
GDP comes in strong. But will 'fiscal cliff' slow growth?
The economy grew at a 2.7 percent pace in the third quarter, according to the latest GDP report, but the road ahead depends heavily on how politicians deal with the fiscal cliff.
-
Staying afloat: Europe releases more money for Greece
After a 12-hour meeting lasting into the wee hours last night, Greece's creditors agreed to cut its debt and release more bailout funds, staving off yet another Greek bankruptcy.
-
Euro officials cut a deal on Greek debt
Eurozone finance ministers agreed to give Greece the next installment of its bailout loan, totaling about $57.8 billion. Greece will soon enter its sixth year of recession.
-
Europe debt defaults are poised to rattle stocks
At least five eurozone nations will need to restructure their debts, says a new Citigroup report. Greece will probably leave the eurozone within a year.
-
More time or tough love? Eurozone deadlocks over Greece debt deal.
Greece needs its next aid infusion by mid-December. But European finance ministers postponed a deal amid disagreement over how much time Greece should have to pay down debt.
-
Stocks end flat after HP shocker, Fed warning
Dow drops less than 8 points despite Bernanke warming of 'fiscal cliff' dangers and HP disclosure that it will have to take an $8.8 billion charge for accounting 'improprieties' at a company it acquired last year.
-
Eurozone, IMF clash over Greek debt as deadline looms
IMF chief Christine Lagarde and European financial ministers debated today over how to prevent Greece from collapsing, even as Athens faces mandatory debt payment on Friday.
-
Student loans rise, boosting consumer credit
Student loans and auto loans increased in September, boosting consumer borrowing to a record level. But while student loans were on the rise, consumers cut back on credit card borrowing.
-
As 'fiscal cliff' looms, stock markets shudder at economic 'uncertainty'
Tuesday's election has stirred stock markets' concerns about the economy, with the Dow Jones falling 2 percent Wednesday. The reason: Washington appears poised for gridlock – again.
Previous
Become part of the Monitor community