Lessons of Reinhart-Rogoff: Lawrence Summers

The economics commentariat and no small part of the political debate in recent weeks has been consumed with the controversy surrounding the work of my Harvard colleagues (and friends) Carmen Reinhart ...

Buffett Highlights from Berkshire Annual Meeting

More than 35,000 people descended on Omaha, Nebraska, on Saturday for the annual shareholder meeting of Warren Buffett's ice cream-to-insurance conglomerate, Berkshire Hathaway Inc. Following are ...

Obama to Name Froman as U.S. Trade Representative

President Barack Obama on Thursday will name top international economic affairs adviser Mike Froman as his choice to be U.S. trade representative, a White House official said, handing the job to a ...

European Central Bank Cuts Main Interest Rate

The European Central Bank cut interest rates for the first time in 10 months on Thursday, driven to act by an economy wallowing in recession and freed to do so by sharply falling inflation. The ECB ...