Falling markets block technology, the dollar, and private equity

font size Japan had to step in to support the sliding yen for the first time since 1998, even as it tries to keep interest rates low. Akio-kun / Bloomberg The world has been hooked on cheap money for years. We are now seeing what withdrawal looks like. Raising interest rates from zero led to … Read more

Buy I Bonds now at 9.6%. New price coming in November.

font size The bond rate I hit a record 9.6% for bonds purchased starting in May and continuing through the end of October. dream time One of the current best deals in the bond market – Treasury Series 1 savings bonds – is likely to become less attractive in November when a new price is … Read more

In a rare sit-down, Nobel Prize-winning economist Peter Diamond sees a “major shift in power from employers to workers underway”

Peter Diamond, the 2010 Nobel Prize winner in economics, has kept away from journalism for most of his long and illustrious career, stating that he worries about being misunderstood. Given the opportunity to interview him, MarketWatch jumped at it. His supporters believe Diamond may be the smartest economist. His selection by President Barack Obama to … Read more