Analysts warn of stagflation after dismal US jobs report
The report solidified the case for the Federal Reserve to cut interest rates at its next meeting.
The report solidified the case for the Federal Reserve to cut interest rates at its next meeting.
Under the terms of the deal, BlueFive will acquire a significant minority stake in Sidra, which has assets under management of $4.1 billion.
Ticketmaster’s new trick, a dirty map fight, private jets go dark, and more from The Lever this week.
The “professional-managerial class” (PMC) has become a staple of political debate on the Left. In this episode of Confronting Capitalism, Vivek Chibber explains why the PMC is better understood as a heterogeneous layer within capitalism rather than a distinct class, how and why the middle strata have expanded, and what has pushed so many professionals […]
David Sirota’s full interview with the “greed beat” journalist about the bizarre ways the mega-rich are spending their millions.
“When we return from the summer break, there’ll be a clash between reality and ideology.” Thus insisted French prime minister François Bayrou at yet another press conference to defend his austerity budget, which promises an extra €44 billion in spending cuts. Bayrou here echoed the usual neoliberal refrain: public debt is an absolute evil, and […]
Managers are increasingly opting to retrain their employees rather than axing them, a report from the New York Federal Reserve found.
Mamo Mihretu, the central bank governor, is credited with executing the government's plans to liberalize the country's economy.