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With the U.S. economy in such a deep valley it seems absurd to think that the recession may already have ended. But Paul Dale, the U.S. economist for Capital...
Investors in mortgage securities swung from irrational exuberance to equally irrational pessism. Not long ago, they seemed to have concluded that just about every house in America was going...
Offshore markets, which are showing far more promise than the domestic scene, are keeping the lights on at the Naperville (Ill.)-based outfit – and attracting growing interest by none other than uber-investor Warren Buffett.
The indicators, summed up nicely by economist Asha G. Bangalore of Northern Trust in her May 26 Daily Global Commentary, show an economy that is opening up but has a ways to go yet. Call it the big thaw. Or, as Bangalore puts it, “in sum, economic conditions are improving.”
But in recent years Cebu has started to attract more than just sun worshipping tourists: it’s a hot new location for the fast growing business process outsourcing business in the Philippines, where despite the global slowdown, the industry is expected to grow 20-25% this year.
If you're heading for salt water this Memorial Day weekend, you'll no doubt notice the majestic turning of the tides. Because the strength of the waves is random, it's...
The dollar sizes are modest and there aren’t many of them, but initial public offerings and secondary stock offerings are showing a surprising bit of life. “I call it a streak in the first inning,” says Scott R. Cutler, an executive vice president at NYSE Euronext who runs the exchange company’s listing for the Americas.
Nasdaq OMX Group, for one, is helping to keep financial commerce moving in Baghdad. The exchange company, parent of the famed Nasdaq exchange, provided new trading technology that recently began powering the Iraq Stock Exchange and that could open the way for outside investment.
The anti-apocalyptic headline above appears on an op-ed piece by two economists who say the recession won’t turn out to be as bad as many fear. They’ve developed a simple...
But if you look beyond the dire headlines, there is a solid case to be made for optimism. Sure, an economic recovery will take time and there will be a step or two back for every two forward. Still, history suggests that a turnaround is inevitable.
BusinessWeek’s Joe Weber, Patricia O'Connell, Michelle Conlin, Frederik Balfour, Peter Coy, Greg Spielberg and Roger Crockett examine The Case for Optimism by looking past the financial turmoil and economic unrest gripping the globe to focus on the promising future that lies on the other side of this storm. We’ll chronicle the forward thinkers investing in R&D, launching promising new products, entering new markets, or implementing management and leadership.
See why BusinessWeek Editor-In-Chief Stephen J. Adler is optimistic about the economy amid the sharpest downturn since the Great Depression.