Putin understands FIFA in a way most other heads of state don't
The sitcom's current syndication deals expire this fall, which puts its streaming rights into play.
And yet for some inexplicable reason, Congress keeps asking the Defense Department to do more things, including scientific research and global infrastructure projects.
A proposed law would compel companies to add digital protection
The boss of investment bank Bear Stearns until 1993, he was embittered about the firm's near collapse in 2008
An incredulous local banker turned the state's first brewmasters down for a loan, asking “You’re going to sell a bunch of froufrou beer to South Mississippians?”
Why don't we give young people tools to decide if they're better suited to a trade than to higher education?
Karen Mills says the Consumer Financial Protection Bureau could rein in high-cost credit, but that might hamper innovation
Budget balance: -2.0%
Current account: 2.8%
Sovereign credit rating: BB-/Stable
Stock market: -48.3%
How to stop the stock market rout? In Indonesia, the answer is easy: Close the market. Officials halted trading in Jakarta on Oct. 8 after Indonesian shares fell by 21% in thee days. Trading has yet to resume. The country is hurting because investors are hypersensitive to risk, leaving emerging markets such as Indonesia especially vulnerable. Indonesia also continues to suffer from its reputation as a basket-case economy in the 1997 Asian financial crisis. Still, Ai-Ling Ngiam, an analyst in Singapore with Fitch Ratings, says Indonesia has made a lot of progress since then: External debt is just 30% of GDP, compared with 158% in 1997. She also says Indonesia's banks are healthier than Iceland's, and the government has a $57 billion in foreign currency reserves to use in case of emergency.