The National Bureau of Economic Statistics has declared that the recession ended in June 2009, eighteen months after the downturn began in December 2007. The recession was the most severe since the Great Depression of the 1930s both in terms ...

It is so fashionable these days to read stories about a rising China and declining America that any contrarian feels almost provoked to offer a rebuttal. However, it is increasingly difficult to do so at a time when the Chinese ...

Business Week recently published a special report on smart-grid technology, a subject that we have followed closely in the past. The idea of developing an electric grid that can pass information and energy in both directions between utilities and customers ...

In an interview today, Warren Buffett stated that a second Federal stimulus bill might be necessary and referred to the first $787 billion bill as the economic equivalent of "taking half a tablet of Viagra and having also a bunch ...