Exports drive growth while race-to-the-bottom competition from overproduction hits prices, profits, wages and sales.
Pressure on rampaging prices is inevitable during a high cost-of-living crisis. The no-brainer solution is to lower prices to bearable levels. It’s called deflation. That’s not happening, and ...
Inflation figures influence everything from tax decisions and welfare spending to interest rates and growth projections.
A growing fear of economic deflation helped take the air out of the stock market yesterday, and another white-knuckle final hour on Wall Street pushed the Dow Jones industrials under 8,000 to their ...
Economic anxiety has reached fever pitch across the globe as recent surveys and international reports paint a stark picture of widespread recession fears. While the post-pandemic recovery showed ...
WASHINGTON (AP) - Federal Reserve Chairman Alan Greenspan told a congressional panel Wednesday that the Fed is ready and able to do whatever necessary to guard against the remote possibility that a ...