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Mixed US jobs report won’t be Fed tiebreaker

There had been hope the U.S. jobs report for September released on Friday would show faster wage growth and a rising labor participation rate. It had both, though the data was otherwise mixed. After the disappointing drop for August, wage growth picked up to an annualized rate of 2.6 percent in September. Along with an increase in the number of ...

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Protectionism calls for global coordination

  The world is in the grip of surging protectionism. The anti-free trade and anti-globalization sentiments are taking deep roots. Populism is swaying the masses. The odds seem to be conspiring against an already fragile economic growth. International Monetary Fund (IMF) warns of “low growth trap” in the next few years. Despite warnings and calls to stop the tide of ...

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Garden, like Obamacare, will prove hard to uproot

  Michelle Obama has spent a long time building a “kitchen garden” for the White House, intended as an example to the nation of local eating and healthy food. Now that she’s leaving the White House, she doesn’t want to see it wither away. Politico reports: Obama on Wednesday afternoon will formally unveil a much bigger version of the garden ...

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