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The U.S. Labor Department on May 6 reported that our economy added the fewest number of jobs in seven months, 160,000. So far in 2016, employment gains have averaged 192,000 per month. This is [...]

For years I have admired Warren Buffett. Moreover, his eternal optimism is contagious. That is, it is hard to listen to Warren without buying America. Nothing seems to deter his belief that America is [...]

Six years after the government bailed out U.S. banks and auto companies, Chinese regulators are coming up with strategies to clean up their own banks’ bad debts, primarily caused by loans to state-owned enterprises [...]

“Negative interest rates are spreading like the Zika virus.” — Bill Gross, co-founder of PIMCO Bill Gross, a legendary fixed-income investor, recently expressed his alarm in his monthly newsletter over the increased use of [...]

On Thursday, Caterpillar, the world’s largest construction and mining equipment maker, warned that 2016 would be a grim year for it. It predicted that its revenues would decline for a fourth straight year — [...]

As 2015 ended, the International Monetary Fund's managing director, Christine Lagarde, lowered her forecast for 2016 in a guest column published by the German financial newspaper Handelsblatt.Earlier, she had said at a Brookings Institution event [...]

“The junk bond market was a keg of dynamite that sooner or later will blow up” — Carl Icahn, on CNBC On Dec. 12, Carl Icahn warned that a lack of liquidity could cause [...]

Pfizer has approved a deal to buy rival drugmaker Allergan for $160 billion, making it the largest pharmaceutical merger ever. Pfizer CEO Ian Read has repeatedly stressed his desire to move his New York-based [...]

The Labor Department last week reported the strongest jump in payrolls this year, some 271,000 in October, the fastest rate of wage increases since 2009. Unemployment fell to 5 percent from 5.1 percent. Average [...]

On Friday, the People’s Bank of China took several major steps to stimulate that country’s economy after it slowed to its lowest level since the 2008 global financial crisis. The bank: Cut its benchmark [...]

The U.S. Labor Department recently released the disturbing news that our job growth for non-farm payrolls only rose 142,000 in September. Adding to the woes, labor gains in July and August were revised downward. [...]

Global mergers and acquisitions could set a record this year of close to $4.6 trillion, according to data provider Dealogic. This would exceed the $4.3 trillion reached in 2007, the previous record year for [...]

China’s recent devaluation of its currency, the yuan, highlights Beijing’s attempt to reverse the country’s domestic economic slowdown. Until now, the country’s stimulus efforts focused solely on its domestic market: Beijing encouraged its banks [...]

Investors are fleeing commodities amid mounting worries about the slowdown in global growth and the significant price declines in commodities. The World Bank, in its latest Commodity Markets Outlook, predicts that commodity prices will [...]

The communist Chinese government has now tasted the bitter medicine of the downside volatility that accompanies capitalism. That nation’s stock market has sold off $3 trillion — some 30 percent during the past four [...]

In recent weeks, global interest rates have risen dramatically because of the improving economies of many of the largest developing countries. Interest rate increases in Europe and America have recently been following each other [...]

Investors and savers -- those who buy bonds and put money in bank deposits -- are paying banks to hold onto and use their money. Mark Kiesel, chief investment officer for Global Credit at [...]

Merger and acquisition volume could reach $4 trillion globally this year, trailing only 2007's record. This time, America is much more active in deal making than Europe. The weaker countries in Europe are holding [...]

In recent weeks, U.S. oil companies have announced $8.3 billion in cuts in capital expenditures for calendar 2015, primarily because oil prices have declined some 50 percent in the last year. Capital expenditure in [...]

It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. - Adam Smith, Wealth of Nations, 1776 [...]

"The road to hell is paved with good intentions" Well meaning efforts by the Swiss National Bank have backfired, sending shock waves through international markets. In 2011, the Swiss central bank took dramatic steps [...]

America enters 2015 with more momentum than it has had since 2007. Hopefully, our fire power can pull the rest of the world out of its doldrums. Despite this week's plunge in the stock [...]