Category: Economy

Negative Rates Hit Global Shipping Market

The owner of the world’s biggest shipping line says negative interest rates are hurting the industry by delaying the consolidation wave so badly needed. The monetary policy environment “means that consolidation will be much...

TV Ad Spending Shows Signs of Revival

As television networks enter the frenzied ad-sales period known as the “upfronts,” they would seem to have a dismal story to tell. Cord-cutting is rising, ratings are sinking and ad-free streaming services such as...

IMF Boss Urges U.S. To Raise The Federal Minimum Wage

The U.S. should increase the federal minimum wage, expand a key tax credit for low-income workers and enact more “family-friendly” policies if it wants to boost the economy, Christine Lagarde, the managing director of the International Monetary...

Has the Federal Reserve messed up?

America’s central bank has two goals: get the country to full employment and keep the costs of goods stable. The Federal Reserve can put a fat check mark next to those goals. So why...

The Great OK: U.S. economy muddles along

U.S. interest rates remain extremely low and that can only mean one thing: The economy isn’t growing fast enough to justify making it more expensive to borrow. The Federal Reserve is expected to stand...