Edition: U.S. / Global

Wednesday, October 29, 2014

Business Day Economy

Ben Bernanke, the former Federal Reserve chairman who engineered the quantitative easing program, with Janet L. Yellen, the current Fed chief, in 2013.
Alex Wong/Getty Images

Ben Bernanke, the former Federal Reserve chairman who engineered the quantitative easing program, with Janet L. Yellen, the current Fed chief, in 2013.

The central bank noted recent weakness in some gauges of inflation expectations, but it said the likelihood of persistently low inflation had diminished.

The Upshot

Quantitative Easing Is Ending. Here’s What It Did, in Charts.

The program has slowly helped the economy recover, but it has had many side effects, including making lots of people on Wall Street wealthy.

E.U. Budget Clearance for France and Italy Comes With an Asterisk

A commissioner said that while the countries may not have to redraft their 2015 budgets, their filings would face tough scrutiny.

The Upshot

Kansas Faces Additional Revenue Shortfalls After Tax Cuts

Three more months of data are in, and the state is still collecting much less income tax than it expected.

U.S. Consumer Prices Barely Rise as Inflation Remains Muted

The Labor Department said that its Consumer Price Index edged up 0.1 percent last month as a rise in food and shelter costs offset a broad decline in energy prices.

The Upshot

When a Stock Market Theory Is Contagious

Is the world economy suffering from “secular stagnation”? True or false, the idea alone could keep hurting stock prices.

Special Section

Mutual Funds Report: Second Quarter

Mutual funds and E.T.F.s generally fared well in the second quarter, despite rumblings from global trouble spots and the Federal Reserve’s intention of reducing economic stimulus.

The Nation’s Economy, This Side of the Recession

In the five years since the United States began its slow climb out of the deepest recession since the 1930s, the job market has undergone a substantial makeover.

The Upshot
How the Recession Reshaped the Economy, in 255 Charts

Five years since the end of the Great Recession, the private sector has finally regained the nine million jobs it lost. But not all industries recovered equally.

Columnists
Economic Scene

More Renters, Less Risk for Wall St.

Making meaningful reform to the financial system could require Americans to reconsider the assumption that homeownership is good for the economy.

High & Low Finance

Banks Again Avoid Having Any Skin in the Game

The Dodd-Frank overhaul aimed for banks to make loans with enough “risk-retention” to make them care about repayment, but the final rules appear to fall short of that.

Economic Scene

A Retreat From Weather Disasters

As the damages wrought by increasingly disruptive weather patterns have climbed around the world, the insurance industry seems to have quietly engaged in what looks a lot like a retreat.

Economic Scene

Tax Tactics Threaten Public Funds

If global corporations can continue to evade taxation, the burden of government financing could fall disproportionately on ordinary workers.

Economic Scene

The Benefits of Easing Climate Change

For all the fears that curbing carbon emissions will put the brakes on economic growth, it might actually enhance it.

Yellen’s Path to the Pinnacle

Milestones in the career of Janet L. Yellen, President Obama’s choice to be chief of the Federal Reserve, including video recollections from friends and colleagues.

Special Features

Interactive Graphic: Is It Better to Buy or Rent?

The answer to the question depends on many factors. Compare the costs of buying and renting equivalent homes.

Market data provided by Reuters. Copyright 2009 Reuters.

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