Us economics


US economic debate mired in pankration politics

The current political debate about the US economy is like an ancient Greek fight-to-the-death sport called pankration. But the country doesn’t need economic innovation - it needs decisive leadership, writes Tunku Varadarajan.

VIDEO: Two very different views on the US economy

On Bloomberg TV this week economists David Rosenberg and Jim Paulsen had a feisty debate about the effectiveness of the current US economic recovery. Paulsen says attitudes are far worse than reality while Rosenberg argues a far gloomier outlook.

Graphing the rise of US financial fraud

The Economist chart the astronomical rise of financial fraud in the US over the last 10 years.

It’ll be a recession: Morgan Stanley

Twenty-four hours ahead of tomorrow’s decision on US interest rates by the Fed (announced at 6.15 am tomorrow, our time) a leading Wall Street investment bank is now predicting a ‘mild’ recession, writes Glenn Dyer.