Congress might not object to Elon Musk's unconstitutional seizure of the US Treasury payments system, but bond markets might.

A new survey by EY of 1,200 global CEOs—taken in December and out this morning—finds 98% of them are anticipating an economic ...

The Treasury Department’s payment system has been likened to the government’s checkbook and makes $6 trillion in ...

This paper examines what transformed a significant, but relatively mild, financial disruption into a full-fledged financial crisis. It discusses why, although the Lehman Brothers bankruptcy was a key ...

Well before the financial crisis of fall 2008 ... the current status of U.S. investment in health and development, the global donor panorama, basic needs assessment for poor countries, and ...

With the Nissan-Honda merger now apparently fallen through, with the two Japanese carmakers not able reach a consensus on the ...

In addition to causing widespread destruction, climate disasters are battering insurance companies. As premiums rise and some ...

We examine the evolution of international currency exposures, with a particular focus on the 2002-12 period. During the run up to the global financial crisis, there was a widespread shift towards ...

REIT relative multiples vs. the S&P 500 hit a 20-year low in July, even lower than during pandemic lockdowns early-2018, and the Global Financial Crisis, with outperformance over next 18 months.