Business / Economy Sep 4, 2013

Japan can handle levy hike: 'Mr. Yen'

The nascent economic recovery is strong enough to weather an increase in the consumption tax to repair the government's finances, according to former senior Finance Ministry official Eisuke Sakakibara. Prime Minister Shinzo Abe's "Abenomics" prescription of fiscal and monetary stimulus has given the government the ...

Quest to head Fed turns into political circus

Business Aug 4, 2013

Quest to head Fed turns into political circus

by Julianna Goldman

In Iowa while campaigning in 2007, then-Senator Barack Obama refused to comment when asked about the Federal Reserve, citing the institution's independence. President Obama may be wishing he'd heeded that advice. Since the president in an interview with Charlie Rose June 16 indicated he wouldn't reappoint ...