IN FEBRUARY, for the twenty-fifth time in 26 months, the American economy shed jobs. The toll—a decline of 36,000—was smaller than feared for a month of severe winter weather. But it was distressing nonetheless; another bit of evidence pointing towards a jobless recovery. Most economists estimate that the recession in America ended around the close of the second quarter of 2009, the last quarter in which GDP shrank. But during the second half of last year the economy still managed
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The Zweig Fund Inc. Declares Distribution
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The Asia Pacific Fund, Inc. Quarterly Report
Natural gas is becoming less like oil and more like coal, which is a good thing
Oil industry analyst Matthew Simmons is one of the most influential proponents of the idea the notion that oil is growing increasingly scarce, and that our future will be characterized by shortages and price spikes.
Emerging market bonds have had their best start to the year on record as new issuance has surged and interest rate premiums over US Treasuries have narrowed to their lowest since 2008.
Economic recovery is coming to Africa faster than many had expected