Topic: Paul Volcker
Top galleries, list articles, quizzes
-
Top 5 bull markets since 1929
The bull market that started in 2009 is currently the fifth most spectacular rise in stock prices since at least 1929. Can you guess which bull markets have been even more impressive?
-
The Fed speaks: Five times Federal Reserve chairmen made waves with words
All Content
-
Top 5 bull markets since 1929
The bull market that started in 2009 is currently the fifth most spectacular rise in stock prices since at least 1929. Can you guess which bull markets have been even more impressive?
-
Steve Jobs biography: Best business book of the year?
One year after Steve Jobs' death, his biography by Walter Isaacson is now a finalist for the annual Financial Times and Goldman Sachs Business Book of the Year award. The book came with Steve Jobs' full cooperation.
-
Focus Public-sector belt-tightening: thrift, or long-term drag on US economy?
Since June 2009, 504,000 jobs have been cut among municipal employees. Public-sector reductions at the local level have subtracted almost a quarter of a percentage point from annual GDP each of the past four years.
-
Cover Story New breed of ranchers shapes a sustainable West
These green cowboys try to marry good stewardship of the land with making money.
-
The Vote Ron Paul vs. Ben Bernanke: final battle ends on surprising note
With Rep. Ron Paul retiring this year, his epic battles with Federal Reserve chairmen are coming to an end. But his last run-in with Ben Bernanke took a more reflective turn.
-
What Jamie Dimon told Congress: four key points
Before the Senate Banking Committee, Jamie Dimon, JP Morgan's CEO, apologized again for the firm's $2 billion loss last month. Here are some nuggets from his two hours of testimony.
-
Key Republican lawmaker questions JP Morgan loss
The chairperson of the House Financial Services subcommittee, Shelley Moore Capito, discussed the loss during hearings.
-
JP Morgan chief apologizes for $2 billion loss
Jamie Dimon, the CEO of the bank, told shareholders that the loss should have never happened.
-
JPMorgan Chase's Dimon survives pay, chairmanship votes (+video)
JPMorgan Chase shareholders voted Tuesday at the bank's annual meeting to keep CEO Jamie Dimon in his role as chairman of the board, in addition to his pay package.
-
Tax VOX Is the Buffett rule a step in the right direction for tax reform?
A better answer would be to close the loopholes that help the wealthy avoid paying higher taxes, but some argue that a minimum tax like the Buffett rule might be a good start.
-
The Circle Bastiat Is Ron Paul's gold standard idea dangerous?
Ron Paul wants to end the Fed and go back to the gold standard. Many call that a dangerous idea, but the US was quite prosperous on the gold standard.
-
The new American standard of living
Americans are getting poorer faster than they got rich
-
Peru set to surpass Colombia as world's top coca producer
A UN report released Thursday shows Peru is just shy of overtaking Colombia in coca cultivation, demonstrating the 'balloon effect' that drug war watchers always warn about: when pressure is applied in one area, production 'balloons' in another.
-
Opinion: What's the secret to Canada's miracle economy?
No foreclosure crisis. No bank failures. No debt crisis. Low unemployment. A strong currency. Yes, Canada has a lot going for it these days. Here's why.
-
Kofi Annan, George Shultz say drug war a failure
A new report calls the 'war on drugs' a failure. The claim isn't new, but hearing it from an ex-UN head and a former US secretary of State adds new weight to the criticism.
-
The day the US defaulted on treasury bills
Saying that the US hasn't defaulted on federal debt since the days of Alexander Hamilton is great rhetoric. If only it were true.
-
Alternative to QE? The Lehman Bros. Plan.
The plan for US government would rely on competition and the free market, not quantitative easing and regulations. The financial firm Lehman Brothers was allowed to fail, the American people should be, too.
-
The Fed speaks: Five times Federal Reserve chairmen made waves with words
The Federal Reserve, the institution tasked with guarding the economy against inflation and financial instability, has long made headlines for its words as well as its actions. An utterance from the chairman can help reassure financial markets or raise concerns about the economy. Now the central bank is moving to explain itself more openly in its first-ever formalized press conferences, so the opportunity for Fed officials to make market-moving pronouncements may increase. Here's a look at some moments when a Fed chairman has made waves with his words.
-
Imported inflation hits US consumers
Inflation rose 0.4 percent in January. Is it a sign of things to come?
-
Obama launches new push for US jobs, tapping GE's Immelt to help
The economy is 'not growing fast enough yet,' Obama acknowledged Friday, speaking to GE workers in Schenectady, N.Y. Will GE's CEO, Jeffrey Immelt, prove to be his guide to building a more competitive America?
-
UN lifts Saddam-era sanctions on Iraq, ending a dark chapter
The Iraq vote at the normally dour UN yesterday was marked by unusual applause, at times feeling like a coming out party for a new nation.
-
Can we reinvent the banking industry?
That's the question raised by Laurence Kotlikoff's book, Jimmy Stewart is Dead, which takes readers from a clear-eyed examination of the current financial crisis to radical proposals for banking and financial regulation.
-
The Postcatastrophe Economy
Macroeconomic sage Eric Janszen makes a case that the same forces that caused the last economic crash will cause the next one too.
-
Why a civil society extends unemployment benefits
Do unemployment benefits encourage the jobless to stay jobless? If we got rid of lifeguards and let more swimmers drown, fewer people would venture into the water. A civil society is not based on the principle of tough love.
-
Obama’s tax-reform panel: a giant missed opportunity
The tax-reform panel provides useful budget-cutting hints, but Obama never allowed it to tackle the really big issues.
Become part of the Monitor community