After his death, a cleaning crew hired to tidy his modest, ranch style home where he had lived for four decades came upon a stunning discovery — boxes and boxes full of gold coins and bullion collected over an unassuming lifetime. It was enough to …

The fact that the US economy is able to achieve a growth rate just one sixth of the post-World War II average indicates that deep structural changes have taken place within the American economy and anything approaching previous growth rates will not be …

One of my most popular columns was about escaping from the Matrix existence in which Americans live. It is a world of disinformation and misinformation in which facts are fiction, and abstract theories are substituted for empirical reality. Official …

For the U.S. Federal Reserve, the rebound in the Institute for Supply Management's services index last month bolsters the central bank's case that the economy will strengthen in the second half of the year. A surge in new orders helped the index hit 56 …

But it was the boom among businesses in the UK, the world's seventh biggest economy, that was most eye-catching. "It's another storming PMI," said Victoria Clarke, economist at Investec. The Markit/CIPS services PMI leapt to 60.2 in July from 56.9 in …

In absolute terms it is still expected that Asian growth will outstrip the debt-laden economies of Europe, but the speed with which the tables are being turned is surprising to all and is already forcing investors to rethink their global asset …

Stephen D. King may not be the author of “The Shining” or “Carrie,” but that doesn't mean his new book doesn't offer a vision of a world with more, er, Misery. King, the chief economist of HSBC, argues in “When the Money Runs Out: The End of Western …

We maintain our expectations for growing external account imbalances to drive a devaluation of the hryvnia by the end of the year.Additionally, Ukraine's GDP per capita is expected to remain one of the lowest in Europe over the … Also, the recent …

This phenomenom is just the expected and mooted result of GBP competitive devaluation that was aimed – amongst other things – at preventing the London and UK housing market from crashing. Indeed, very little UK-based new investors would come and …