Latest World News. Find every day short and brief information composed of titles and subtitles and continue reading if interested.
CENTRAL bankers may control short-term interest rates, but long-term ones are mostly free to wander. They do not always behave. When Alan Greenspan, then chairman of the Federal Reserve, was raising short rates in 2005, he described a simultaneous decline in long rates as a “conundrum”. His successor-to-be, Ben Bernanke, blamed foreign investments in American […]
Today’s report about a 6.7 percent drop in software-related job postings over the past five years for San Jose, California should surprise no one. This shift is consistent with two themes that we’ve reported on and points to a tipping point. Have we reached “peak” Silicon Valley? First, the cost of doing business — from wages, to rents, to costs, […]
