Cash crunch

Issue of the week: the battle for the ...

“We’ll have a majority [on the Federal Reserve Board] very shortly… People are paying too high an interest rate… We have to get the rates down a little bit,” says Donald Trump. The US president isn’t

When bad news is just bad news not good news for markets

Over the past four decades, as inequality has grown exponentially for all Americans, the number of poor and low-income white people—66 million in 2018—has swelled higher than any other demographic. Th

Speculation has reached fever pitch about the contents of the government’s forthcoming Autumn Budget. This follows the assessment of the highly respected NIESR (National Institute of Economic and Soci

A month ago, analysts were predicting that S&P 500 earnings growth for the second quarter would come in at a sluggish 5% year-on-year, says Sam Goldfarb in The Wall Street Journal. The spring period w