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Why US western state Wyoming is in economic trouble

  We’ve heard a lot over this past election year about the economic struggles of Rust Belt states. But the most economically troubled state in the country may be Wyoming. That at least is the verdict of the Bloomberg Economic Evaluation of States index, which currently ranks Wyoming dead last in absolute terms as well as in percentage change since ...

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Consumers aren’t always spendthrifts

  To firms planning to buy other companies with borrowed money in the new year: Please take a moment to reconsider and learn from those who have gone before you. US consumers feel great, right? The presidential election is over. Talk of jobs and infrastructure spending, coupled with stock-market indices flirting with all-time highs, is stoking excitement for the future ...

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India can’t be smug about Donald Trump

  Few presidents have come into office as likely to fail as Donald Trump. This isn’t because of his various character flaws, or because he leads a divided party and nation. It’s because his central aim, to restore the age of American “greatness” — and in particular to bring back manufacturing jobs — is simply not doable. An overwhelming 85 ...

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