Economy

There are many employment statistics that play second fiddle to the headline U-3 data but two of them, the employment cost index and average hourly ……Read More

In 2008, Canadian economist Jeff Rubin stunned the oil market with a bold prediction: With the world economy growing at 5 percent a year, oil ……Read More

It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find ……Read More

There is one relatively little reported on economic measure that can give us a sense of where the economy is headed and that allows economists ……Read More

With crude oil prices collapsing and small American oil producers faced with grim choices for survival, the Darwinian nature of commodity market cycles rears its ……Read More

A paper by Moritz Schularick and Alan Taylor at the National Bureau of Economic Research (NBER) entitled "Credit Booms Gone Bust: Monetary Policy, Leverage Cycles ……Read More