At the beginning of last week, there was short-lived optimism that the Greek government was at least talking to its key creditors: the International Monetary Fund, the European Commission, and the European Central Bank. But by week’s end, the negotiations had broken down. German Chancellor … Read More
If it feels as if the Standard & Poor’s 500 has been stuck in a rut, well, it has. No matter what has happened—an icy economy, oil’s collapse, the dollar’s rise—the market has kept us on the edge of our seats with its extended pause. … Read More
Ever since corporate profit margins first hit a record high in 2012, there have been predictions that it was only a matter of time before they fell to historical norms—and dragged the stock market down with them. More than three years later, margins are still … Read More
The U.S. economy shrank during the first quarter as another brutal winter highlighted the fragility of the nearly six-year-old expansion, a historically choppy stretch during which the nation has struggled to thrive in an uneven global environment.
Gross domestic product, the broadest measure of goods … Read More