At her most recent press conference in December, Federal Reserve Board Chair Janet Yellen had this (abbreviated) exchange with ABC News reporter Rebecca Jarvis. Jarvis: Historically, most economic expansions fade after this long. How confident are you that our economy won’t slip back into recession in the near term? Yellen: … I think it’s a myth that expansions die of ...

The UK has never been so divided as it is now over a controversial deal struck by British Prime Minister David Cameron with the European Union regarding the UK’s future relationship with the EU. Cameron thinks the agreement has given the UK a “special status”. The UK is almost evenly split over Brexit. The latest opinion poll, by TNS, found ...

The last surge in growth in China, taking place in the wake of the Global Financial Crisis, was fueled by risky lending and high levels of investment. The fallout from that lending was high debt, often nonperforming loans, and slowing growth. At present, China’s public and private debt-to-GDP ratio weighs in at 232 percent, higher than in most countries at ...